News Releases

Nortel Announces Closure of Share Transfer Registers

TORONTO – Nortel* Networks Corporation (NNC) [OTC: NRTLQ] and Nortel Networks Limited (NNL) announced today that, effective as of 5:00 p.m. (E.S.T.) on June 28, 2013 (the Effective Time), the share transfer registers for NNC’s common shares and NNL’s preferred shares will be closed, as described in the attached notice.  Consequently, after the Effective Time [...]

Nortel Announces Cease Trade Order Issued by Alberta Securities Commission

FOR IMMEDIATE RELEASE:                                                     For more information:  Media Relations MediaRelations@nortel-canada.com   Nortel Announces Cease Trade Order Issued by Alberta Securities Commission   TORONTO – Nortel* Networks Corporation (“NNC”) [OTC: NRTLQ] and Nortel Networks Limited (“NNL”) announced that they have received notice from the Alberta Securities Commission (“ASC”) that the ASC has issued a cease trade order (“CTO”), [...]

Nortel Announces Cease Trade Orders Issued by Manitoba Securities Commission

FOR IMMEDIATE RELEASE:                                        For more information: Media Relations MediaRelations@nortel-canada.com  Nortel Announces Cease Trade Orders Issued by Manitoba Securities Commission TORONTO – Nortel* Networks Corporation (NNC) [OTC: NRTLQ] and Nortel Networks Limited (NNL) announced that they have received notice from the Manitoba Securities Commission (“MSC”) that the MSC has issued cease trade orders (“CTOs”), dated January [...]

Nortel Announces Permanent Cease Trade Order

FOR IMMEDIATE RELEASE:                                                                                   For more information: Media Relations MediaRelations@nortel-canada.com Nortel Announces Permanent Cease Trade Order TORONTO – Nortel* Networks Corporation (NNC) [OTC: NRTLQ] and Nortel Networks Limited (NNL) announced that, further to their announcement of December 11, 2012, a permanent cease trade order (the “CTO”) has been issued on December 24, 2012 by the [...]

Nortel Announces Temporary Cease Trade Order

TORONTO – Nortel* Networks Corporation (NNC) [OTC: NRTLQ] and Nortel Networks Limited (NNL) announced that, consistent with their announcement of August 9, 2012, NNC and NNL did not file their respective unaudited financial statements and related disclosure filings for the third quarter of 2012 by the required filing deadlines under applicable securities laws as a [...]

Nortel Announces Temporary Cease Trade Order

TORONTO – Nortel* Networks Corporation (NNC) [OTC: NRTLQ] and Nortel Networks Limited (NNL) announced that, consistent with their announcement of August 9, 2012, NNC and NNL did not file their respective unaudited financial statements and related disclosure filings for the third quarter of 2012 by the required filing deadlines under applicable securities laws as a [...]

Nortel Obtains Further Extension of Stay Period Under CCAA

TORONTO – Nortel* Networks Corporation [OTC: NRTLQ] announced that it, its principal operating subsidiary Nortel Networks Limited and its other Canadian subsidiaries that filed for creditor protection under the Companies’ Creditors Arrangement Act (CCAA) have obtained an order from the Ontario Superior Court of Justice (Canadian Court) further extending, to February 2, 2013, the stay [...]

Nortel Announces Expanded Powers of Monitor under CCAA; Boards of Directors and Executive Officers Resign

Nortel* Networks Corporation (NNC) [OTC: NRTLQ] announced that Ernst & Young Inc., the court-appointed monitor (Monitor) in Nortel’s creditor protection proceedings under the Companies’ Creditors Arrangement Act (CCAA), obtained an order from the Ontario Superior Court of Justice (Order) further extending the Monitor’s powers by authorizing and empowering (but not obligating) the Monitor to exercise [...]

Nortel Confirms Filing of Interim Financial Statements and Related Management’s Discussion and Analysis with Canadian Securities Administrators

TORONTO – Nortel* Networks Corporation [OTC: NRTLQ] and Nortel Networks Limited confirmed today that their unaudited condensed consolidated financial statements and related Management’s Discussion and Analysis of Financial Condition and Results of Operations for the quarter ended June 30, 2012 have been filed with the Canadian Securities Administrators. Such filings will be made available on Nortel’s web site at [...]

Nortel Reports Financial Results for the Second Quarter 2012; Announces Discontinuance of Future Periodic Financial Reporting

Through the creditor protection process, Nortel has sold all of its businesses and remaining patents and patent applications generating approximately $7.8 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 the sale [...]