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Nortel Networks Corporation Company Snapshot
Business Description:
Nortel Networks Corporation operates in the Telephone and telegraph apparatus sector. Nortel Networks Corporation (Nortel) previously was a global supplier of end-to-end networking products and solutions serving both service providers and enterprise customers. Nortel Networks Limited (NNL) is Nortel's principal direct operating subsidiary. As of December 31, 2010, the Company had sold substantially all of its businesses. Nortel is focused on the sale of its remaining assets, optimizing the value of its intellectual property (IP) portfolio, providing transition services to the purchasers of its businesses, the wind-down of its global operations and other restructuring activities. On December 17, 2010, the Company announced that NNL and NNTC completed the sale of its Ottawa Carling Campus to Public Works and Government Services Canada (PWGSC). On June 29, 2010, it announced that NNL had completed the sale of its 50% plus one share interest in LGN to Ericsson. In July 2011, the Company sold its patents and patent applications to a consortium.
   
   
 
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Nortel Networks Corporation
  Stock Performance Chart for Nortel Networks Corporation
 
  Stock Data: Recent Stock Performance:
  Current Price (2/10/2012): .02
(Figures in Canadian Dollars)
1 Week 0.8%   13 Weeks -4.6%  
4 Weeks -10.5%   52 Weeks -29.2%  
 
Nortel Networks Corporation Key Data:
  Ticker: NRTLQ Country: CANADA
  Exchanges: OTC Major Industry: Electronics
    Sub Industry: Systems & Subsystems
  2010 Sales 642,028,600
(Year Ending Jan 2011).
Employees: 30,300
  Currency: Canadian Dollars Market Cap: 9,475,885
  Fiscal Yr Ends: December Shares Outstanding: 498,206,366
  Share Type: Common Closely Held Shares: 92,240
 
 
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