Nortel poised for massive expansion

Article Abstract:

With a number of deals in the works, telecommunications equipment company Nortel Networks Corp. is is expanding rapidly.

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Independence will let Nortel make acquisitions quicker: CEO

Article Abstract:

Brampton, Ont.-based Nortel Networks Corp., which is led by chief executive officer and president John Roth, is prepared to break away from parent company BCE Inc. Nortel Networks said the strategy will allow it to acquire smaller firms more quickly.

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Nortel deal a $73-billion 'windfall' for investors

Article Abstract:

Montreal, Que.-based BCE Inc., which is led by president and chief executive officer Jean Monty, has announced that it will turn over to investors its 39.2% stake in Brampton, Ont.-based Nortel Networks Corp. BCE's spin off of Nortel, which is a telecommunications equipment manufacturer, will bring big profits to its 500,000 shareholders.

COMMUNICATION, Communications, Broadcasting and Telecommunications, Statistical Data Included, Telecommunications services industry, Telecommunications industry

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