Canadian multinational telecommunications equipment manufacturer (1895–2013)
Nortel Networks Corporation
Company type
Public
Traded as
formerly TSX: NT.TO
Industry
Telecommunications
Networking equipment
Founded
December 7, 1895 (1895-12-07) Montreal, Quebec, Canada
Defunct
February 2, 2013; 11 years ago (2013-02-02)
Fate
Bankruptcy
Headquarters
Ottawa, Ontario
,
Canada
Number of employees
18 (US, July 2012);[1]
~35 (non-US, July 2012)[citation needed]
Parent
AT&T / Bell Canada (1895–1956) Bell Canada (1956–1983)[2] BCE Inc. (1983–2000)
Nortel Networks Corporation (Nortel), formerly Northern Telecom Limited, was a Canadian multinational telecommunications and data networking equipment manufacturer headquartered in Ottawa, Ontario, Canada. It was founded in Montreal, Quebec in 1895 as the Northern Electric and Manufacturing Company. Until an antitrust settlement in 1949, Northern Electric was owned mostly by Bell Canada and the Western Electric Company of the Bell System, producing large volumes of telecommunications equipment based on licensed Western Electric designs.[3]
At its height, Nortel accounted for more than a third of the total valuation of all companies listed on the Toronto Stock Exchange (TSX), employing 94,500 people worldwide.[4] In 2009, Nortel filed for bankruptcy protection in Canada and the United States, triggering a 79% decline in its corporate stock price. The bankruptcy case was the largest in Canadian history and left pensioners, shareholders, and former employees with enormous losses. By 2016, Nortel had sold billions of dollars in assets.[5] Courts in the U.S. and Canada approved a negotiated settlement of bankruptcy proceedings in 2017.[6][7]
^"Notice of Debtors' Motion for Entry of an Order Pursuant to 11 U.S.C. § 105, 363 and 1108 Authorizing the Debtors to Terminate the Debtors' Long-Term Disability Plans and the Employment of the LTD Employees" (PDF). Archived from the original (PDF) on February 2, 2013. Retrieved August 6, 2012.
^"Northern Electric- A Brief History". Archived from the original on August 22, 2015. Retrieved August 21, 2015. {{cite web}}: More than one of |archivedate= and |archive-date= specified (help); More than one of |archiveurl= and |archive-url= specified (help)
^"Intel gets antitrust approval for Nortel asset buy". Reuters. June 24, 2011. Retrieved March 12, 2023.
^Hasselback, Drew; Tedesco, Theresa (September 27, 2014). "The fate of once-mighty Nortel's last billions lies in the hands of two men". Financial Post. National Post. Retrieved November 19, 2014.
^Ireton, Julie (October 7, 2016). "Nortel executives continue drawing bonuses years after bankruptcy: Since 2009 bankruptcy, Nortel executives have collected $190M US in retention bonuses". CBC. Archived from the original on October 7, 2016. Retrieved October 7, 2016.
^"Nortel Obtains Court Orders for Creditor Protection" (Press release). Nortel Networks Corporation. January 14, 2009. Retrieved January 14, 2009.[permanent dead link]
^"Nortel Obtains Further Extension of Stay Period Under CCAA" (Press release). Nortel Networks. October 30, 2012. Archived from the original on November 4, 2012. Retrieved November 6, 2012.
Nortel Networks Corporation (Nortel), formerly Northern Telecom Limited, was a Canadian multinational telecommunications and data networking equipment...
June 6, 2005, Nortel acquired PEC Solutions to form Nortel PEC Solutions. On January 18, 2006, Nortel PEC Solutions was renamed Nortel Government Solutions...
Timeline of major events for Nortel. 1882: A mechanical department is created within Bell Telephone Company of Canada to manufacture telephone equipment...
Nortel Meridian is a private branch exchange telephone switching system. It provides advanced voice features, data connectivity, LAN communications, computer...
organization for Canadian former employees of Nortel. It was formed after announcements in the media that Nortel Networks, a large multinational telecommunications...
Server 5300 Digital Multiplex System DMS-100 Nortel ERS 5500 Nortel ERS 8600 Nortel IP Phone 1140E Nortel Meridian Meridian Mail Meridian Norstar Metro...
The Nortel Norstar, previously the Meridian Norstar, was a small and medium-sized business digital key telephone system introduced by Nortel (formerly...
computer networking. The system, originally designed and manufactured by Nortel, was manufactured by Avaya from 2009 until 2017. The system provided the...
Networks IP Stimulus) is a deprecated Telecommunications protocol developed by Nortel (now acquired by Avaya) for IP Phone (terminals and soft phones) and IP...
late 2008. In 2005, LG entered into a joint venture with Nortel Networks, creating LG-Nortel Co. Ltd. In 2020, LG and Canadian auto supplier Magna International...
Nortel Vista 100 Nortel Vista 200 Nortel Meridian 9009 Nortel Vista 350 Nortel Vista 390 Nortel Vista 2000 Nortel Nomad 6000 Nortel Nomad 6500 Nortel...
Nortel Certifications are IT professional certifications for Nortel products and IEEE standard technologies. There were two major levels of certification...
This is a list of people associated with Nortel, a Canadian telecommunications manufacturer. Jalynn Bennett James Blanchard John Cleghorn – a former audit...
Optical Multiservice Edge 6500 or OME 6500 during the product's time at Nortel) in telecommunication, computer networking and optical communications is...
The Nortel Discovery Protocol (NDP) is a data link layer (OSI Layer 2) network protocol for discovery of Nortel networking devices and certain products...
infringement. Spherix says that over $43 billion of Cisco's sales infringe on old Nortel patents owned by Spherix. Officials with Spherix are saying that a wide...
The Nortel Speech Server (formerly known as Periphonics Speech Processing Platform) in telecommunications is a speech processing system that was originally...
loan to Nortel had not been paid back. According to Urquhart's data in court filings, lawyers made more than a three billion dollars on Nortel's bankruptcy...
Télécom Golan Telecom, Israel Hong Kong Telecom, China Nepal Telecom, Nepal Nortel, formerly Northern Telecom, Canada Rostelecom, Russia Telecom Argentina...
1998 known as Nortel) manufactured several different payphone models. They were most commonly used in Canada and the United States. Nortel has manufactured...
Video Sierra Wireless Smart Technologies Yorkville Sound Defunct Aastra Technologies ATI Technologies BreconRidge Commodore International GE Canada Nortel...
In order to grow despite difficult competition from Alcatel, Lucent, and Nortel Networks, in 1992 Huawei focused on low-income and difficult to access market...
by HPE Asus (including subsidiary Askey Computer Corp.) Avaya - acquired Nortel, networking business sold to Extreme Networks AVM Barracuda Networks Brocade...
Brantford.Library.on.ca on May 4, 2012. Nortel Networks (2008). "Corporate information: Nortel History – 1874 to 1899". Nortel Networks. Archived from the original...
streams. A few hobbyists obtained the Nortel 1535 Color SIP Videophone cheaply in 2010 as surplus after Nortel's bankruptcy and deployed the sets on the...
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