TORONTO – Nortel* Networks Corporation [OTC: NRTLQ] and Nortel Networks Limited confirmed that their audited consolidated financial statements and related Management’s Discussion and Analysis of Financial Condition and Results of Operations for the year ended December 31, 2011 have been filed with the Canadian Securities Administrators. Such filings will be made available on Nortel’s web site at www.nortel-canada.com as [...]

●        Through the creditor protection process, Nortel has sold all of its businesses and remaining patents and patent applications generating approximately $7.7 billion in net proceeds for the benefit of its creditors, and preserving 16,000 jobs for employees with the purchasers of the businesses and assets ●        Focus remains on maximizing value for stakeholders, including [...]