Nortel Networks

Web Address:  www.nortel.com
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
2011
   Year End
2010
   Percent
Change
   $27,459 (C)    $630,540    -96

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

Notes:

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.