Toronto, Canada (ots/PRNewswire) - The board of directors of Nortel Networks Limited today declared a dividend on each of the outstanding Cumulative Redeemable Class A Preferred Shares Series 5 (TSX: NTL.PR.F) and the outstanding Non- cumulative Redeemable Class A Preferred Shares Series 7 (TSX: NTL.PR.G). The dividend amount for each series is calculated in accordance with the terms and conditions applicable to ...
Toronto (ots/PRNewswire) - Nortel Networks(x) Corporation (NYSE/TSX:NT) today announced that in conjunction with its expected filings early next week of its and Nortel Networks Limited's ("NNL") first quarter of 2006 Quarterly Reports on Form 10-Q and corresponding Canadian filings, the Company will issue a press release (which will serve as its and NNL's status update pursuant to the alternate information guidelines ...
Madrid, Spain (ots/PRNewswire) - - Single Network Carries Bank's Data, Voice, Video and Internet Access Communications Across 100 Locations MADRID, Spain, May 30 /PRNewswire/ -- Spanish telecommunications provider TeleCable is supplying Cajastur, a large regional savings bank in Spain, with Nortel(x) (NYSE: NT , TSX: NT) technology and services to ...
Sinaloa, Mexico (ots/PRNewswire) - - Students, Faculty Access Internet Anywhere, Anytime Using Mesh Technology Students and faculty of Mexico's Universidad Autonoma de Sinaloa can now access the Internet for e-mail, instant messaging and other Web-based applications virtually anywhere, anytime on its 25-acre campus using an advanced wireless mesh network solution from Nortel(x) (NYSE: NT ; TSX: NT). ...
Hong Kong (ots/PRNewswire) - - Experienced Nortel Executive to Take Region to Next Level HONG KONG, May 26 /PRNewswire/ -- Nortel(x) (NYSE: NT; TSX: NT) announced Michael Pangia as president of Asia, effective immediately. In this role, Pangia is responsible for Nortel's overall sales strategy and operations for the Asia region, including Greater China, Japan, India, Australia, New Zealand, Southeast Asia Region and Pakistan. The Company also announced Robert ...
Moscow (ots/PRNewswire) - - GT Network Expansion Reaches More than 40 Million Potential Customers in Russia MOSCOW, May 24 /PRNewswire/ -- Golden Telecom, a leading alternative telecommunications operator in Russia, has deployed Nortel(x) (NYSE/TSX: NT) technology to complete its long-distance and international Federal Transit Network (FTN). The network ...
Toronto (ots/PRNewswire) - - Proactive Network Protection Addresses Threats Deep in the Network www.nortel.com Nortel(x) (NYSE/TSX: NT) today introduced the Nortel Application Switch with Symantec Intelligent Network Protection. The collaborative effort between Nortel and Symantec aims to ensure critical threats are identified and stopped before they ...
Beijing, China (ots/PRNewswire) - - Powering Digital Mobile Signaling and Communications Spanning 20 Provinces China's Ministry of Railways (MOR) and Nortel(x) (NYSE/TSX: NT) have signed a framework agreement for Nortel to provide GSM Railway (GSM-R) switching centers to enable digital mobile signaling and operational communications along passenger lines ...
Toronto, Canada (ots/PRNewswire) - - Metro Ethernet Networks Builds on Nortel's Optical and Carrier Data Leadership Nortel(x) (NYSE: NT , TSX: NT) President and CEO Mike Zafirovski today announced a new business focus on driving market share in super-fast Ethernet networks essential to handling the coming growth of bandwidth- hungry video applications. Nortel's strategic initiative - Metro Ethernet ...
Toronto (ots/PRNewswire) - Nortel Networks(x) Corporation (NYSE: NT; TSX: NT) and its principal operating subsidiary, Nortel Networks Limited ("NNL"), today provided a status update pursuant to the alternate information guidelines of the Ontario Securities Commission ("OSC"). These guidelines contemplate that the Company and NNL will normally provide bi-weekly updates on their affairs until such time as they are ...
Toronto, Canada (ots/PRNewswire) - The board of directors of Nortel Networks Limited today declared a dividend in respect of each of the months of May and June on each of the outstanding Cumulative Redeemable Class A Preferred Shares Series 5 (TSX: NTL.PR.F) and the outstanding Non-cumulative Redeemable Class A Preferred Shares Series 7 (TSX: NTL.PR.G). The dividend amount for each series is calculated in accordance ...
Toronto, Canada (ots/PRNewswire) - In the news release, "Advisory - Nortel Business Update Teleconference" issued on 11 May 2006 17:49 GMT, by Nortel NYSE:NT over PR Newswire, we are advised by a representative of the company that an error occurred in the "Where" section of the release. The phone numbers provided should have read "North America 1-888-211-4395" and "International +1-212-271-4505" and not "North America 1-800-681-7958" and ...
Toronto, Canada (ots/PRNewswire) - 8:30 a.m. Eastern Time Tuesday, May 16, 2006 www.nortel.com What: Nortel will host a teleconference/audio webcast with the investment community. Who: Mike Zafirovski, President and Chief Executive Officer Peter Currie, Executive Vice President and Chief Financial Officer Terry Glofcheskie, Vice ...
Toronto, Canada (ots/PRNewswire) - Nortel(x) Networks Corporation (NYSE: NT , TSX: NT) today announced that it and its principal operating subsidiary, Nortel Networks Limited ("NNL"), and NNL's subsidiary Nortel Networks Inc. ("NNI") have entered into an amendment and waiver with the lenders under Nortel's US$1.3 billion one- year credit facility (the "2006 Credit ...
Toronto (ots/PRNewswire) - - Calgary Transfer Marks Final Phase of Outsourcing Deal Worth in Excess of US$2 Billion Annually TORONTO, May 9 /PRNewswire/ -- Flextronics (NASDAQ:FLEX) and Nortel(x) (NYSE/TSX: NT) today announced that they have completed the transfer of the manufacturing operations and related assets including product integration, testing, ...
Toronto (ots/PRNewswire) - Nortel(x) Networks Corporation (NYSE/TSX:NT) and its principal operating subsidiary, Nortel Networks Limited ("NNL"), today provided a status update pursuant to the alternate information guidelines of the Ontario Securities Commission ("OSC"). These guidelines contemplate that the Company and NNL will normally provide bi-weekly updates on their affairs until such time as they are current with their filing obligations under Canadian securities ...
Las Vegas, Nevada (ots/PRNewswire) - - Indulges Guests With Premium, On-Demand Fine Dining, Gaming and Entertainment Services Station Casinos, Inc., one of the leading gaming corporations in the U.S., is delivering the ultimate in-room communications experience for guests at its new Red Rock Casino, ...
Moscow (ots/PRNewswire) - - Network Covers 3.9 Million Moscow Households Golden Telecom, Inc. (NASDAQ: GLDN), a leading Russia-based service provider, is using wireless mesh network technology from Nortel(x) (NYSE/TSX: NT) to build Moscow's first wireless mesh network. Golden Telecom provides integrated communications and Internet service to major cities ...
Toronto (ots/PRNewswire) - - Q4 2005 Revenues of US$3.0 billion, Net Loss of US$2.3 billion, including a US$2.5 billion litigation expense - 2005 Revenues of US$10.5 billion and Net Loss of US$2.6 billion - Restatements Completed; Total Revenue Adjustments of US$1.5 billion; Deferred Revenue balance of US$3.56 billion as at December 31, 2005 Nortel Networks(x) Corporation (NYSE/TSX: ...
Beirut (ots/PRNewswire) - - Lebanese Manufacturing Group Creates a Virtual Enterprise Across UK, US, Middle East Operations Industry Development Company (INDEVCO), a group of consumer product manufacturing companies headquartered in Lebanon, is reducing its operating costs and simplifying its business by using IP-based communications solutions from Nortel(x) (NYSE/TSX: NT) to create a single virtual enterprise, ...
Toronto, Canada (ots/PRNewswire) - Nortel Networks(x) Corporation (NYSE: NT, TSX: NT) and its principal operating subsidiary, Nortel Networks Limited ("NNL"), today provided a status update pursuant to the alternate information guidelines of the Ontario Securities Commission ("OSC"). These guidelines contemplate that the Company and NNL will normally provide bi-weekly updates on their affairs until such time as they are current with their filing obligations under ...
Amsterdam, The Netherlands (ots/PRNewswire) - UPC Broadband, a division of leading international cable operator, Liberty Global, Inc., has deployed a Nortel(x) (NYSE: NT ; TSX: NT) cable VoIP solution to provide a suite of new voice services to residential and business customers in Austria, France and The Netherlands. UPC, whose networks pass more than 11 ...
Kuwait City, Kuwait (ots/PRNewswire) - - Airline Benefits From Advanced Booking Processes Jazeera Airways, a privately owned airline in the Middle East, has implemented new sophisticated multimedia contact centre and interactive voice response (IVR) services based on Nortel(x) (NYSE: NT, TSX: NT) solutions. The services improve flight booking processes to ...
Toronto, Canada (ots/PRNewswire) - - Experience Includes Services Leadership Roles in Asia, Central Europe, Russia Dietmar Wendt, a 46-year-old IBM executive with extensive experience in services and technology leadership, will join Nortel(i) [NYSE: NT , TSX: NT] as president of Global Services effective May 1, 2006. Wendt will report directly to Mike Zafirovski, president and CEO of Nortel. He will be ...
London (ots/PRNewswire) - - Benefits of Cost Saving, Enhanced Efficiency Far Outweigh Current Barriers The vast majority of European companies believe the virtual enterprise is the way to increase profits and productivity for the future, according to new independent research commissioned by Nortel(x) (NYSE/TSX: NT) and the Communications ...
Toronto, Canada (ots/PRNewswire) - Nortel Networks(x) Corporation (NYSE: NT TSX:NT) and its principal operating subsidiary, Nortel Networks Limited ("NNL"), today provided a status update pursuant to the alternate information guidelines of the Ontario Securities Commission. These guidelines contemplate that the Company and NNL will normally provide bi-weekly updates on their affairs until such time as they are current with their filing obligations under Canadian ...
Madrid, Spain (ots/PRNewswire) - - Network Enhancement Enables New Revenue-Generating Opportunity Jazztel - Jazz Telecom S.A. (Nuevo Mercado in Spain: JAZ) - has launched wholesale carrier international VoIP services using Nortel(x) (NYSE: NT , TSX: NT) next-generation technology. A leading telecommunications and data transmission carrier in Spain, Jazztel, has deployed Nortel's carrier-grade ...
Toronto, Canada (ots/PRNewswire) - Nortel(x) (NYSE: NT; TSX: NT) today announced that as a result of the expected delay in filing the 2005 annual reports on Form 10-K and corresponding Canadian filings as announced on March 10, 2006, the Ontario Securities Commission (the "OSC"), in accordance with its guidelines, has issued a temporary order that prohibits, effective immediately, all trading by certain current and ...
New Delhi, India (ots/PRNewswire) - - Hosted Services 'Per Call' Pricing to Make Business Simpler Bharti Tele-Ventures, India's leading provider of telecommunications services, has signed a five-year managed services agreement with Nortel(x) (NYSE: NT; TSX: NT) to host contact center services for more than 19.7 million - and growing - subscribers ...
Toronto, Canada (ots/PRNewswire) - - Key Strategic Area to Drive Business Momentum - Zafirovski Nortel(x) (NYSE: NT; TSX: NT) today reinforced its commitment to growing its services business by unveiling a sweeping simplification of its integrated services and a series of new commercial services offerings. "I've identified services as one of the key ...