Nortel breaks market value record

Article Abstract:

Brampton, Ont.-based Nortel Networks Corp. has reached a market capitalization of $203.6 billion, the first Canadian company to break the $200 billion level. Nortel, which is a telecommunications equipment maker, leads Montreal, Que.-based BCE Inc., which has a market capitalization of $86.4 billion.

Sales, profits & dividends, Statistical Data Included

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Nortel CEO cashes in on new capital gains rule

Article Abstract:

John Roth, the chief executive officer of Brampton, Ont.-based Nortel Networks Corp., has cashed in stock options for $20.7 million. Mr. Roth took advantage of a new Canadian capital gains tax rules law, which allowed him savings of almost $1 million.

Tax Law, Public Finance Activities, Taxes

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Nortel to hire 1,250 as part of Ottawa expansion

Article Abstract:

Brampton, Ont.-based Nortel Networks Corp., which is expanding its Ottawa research operations, has employed an additional 1,250 workers. Nortel Networks has allocated $143 million for the expansion startegy.

New capacity, new plant construction, Personnel administration

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