Nortel Networks

Web Address:
City, Prov:  Mississauga, ON
Total Employees:  740
Ownership:  Public
Year Established:  1895

Business Specialties
Communications and infrastructure technology

Financial Information
Fiscal Year End  : 31-Dec
Total Revenue ($000)
   Year End
   Year End
   $27,459    $630,540    -96
Source  : C

Source: A=Publicly available, B=Company approved, C=Branham estimate
Exchange rate used for all $USD figures was 1.0170


1. August 23, 2011, Finalized the divesture of its CVAS business unit to GENBAND (Plano, TX), a global provider of IP infrastructure solutions for $157 million.2. June 30, 2011, Finalized divesture of its remaining patent portfolio to a consortium of technology companies for $4.5 billion.3. March 11, 2011, Finalized the divesture of its MSS business unit to Ericsson (Sweden), a global provider of telecommunications equipment and services for $53 million.