CANADA: Telecom giant Nortel files for bankruptcy

- Politics, Business, Civil, History - Posted: 15th Jan, 2009 - 11:11am

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Post Date: 15th Jan, 2009 - 11:11am / Post ID: #

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CANADA: Telecom giant Nortel files for bankruptcy

CANADA: Telecom giant Nortel files for bankruptcy
France Economy Local French Business Updates

Canada's Nortel, one of the world's leading telecom equipment makers, said it had filed for bankruptcy protection in the United States and Canada. The company, which employs 30,000 staff worldwide, saw revenue drop 14% in the third quarter.
Source: France24 - Business

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