Nortel to File 2003 Numbers January 10
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Nortel Networks Corp. NT.TO NT.N,  one of the world's largest telecoms equipment makers, promised  again on Thursday that it would "commence" filing audited 2003  results on Jan. 10 and it now sees fourth quarter revenue of  $2.8 billion.
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Network support provider Nortel Networks Corp. said Thursday that the transfer of its Montreal manufacturing activities to Flextronics has been delayed to the first quarter of 2005, to allow Nortel to focus on completing its financial restatements.
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TORONTO Nortel Networks, the Canadian telecommunications equipment maker, said Thursday that it was delaying yet again the release of much-anticipated financial reports but that it expected to have them ready early in the new year.
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Nortel reduced layoffs by 250, as the company details plans to cut expenses
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TTAWA, Aug. 19 - Nortel Networks, the troubled Canadian telecommunications equipment maker, has fired seven more financial managers as it continued to sort out the accounting scandal that led to the dismissal of its president this year.
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TORONTO -- Nortel Networks said yesterday it will slash its workforce by 3,500, or 10 percent, as it struggles to recover from an accounting scandal that toppled three top executives and led to a criminal investigation and lawsuits.
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Nortel Networks Corp. (NT.TO: Quote, Profile, Research) expects to report lower 2004 third-quarter revenues compared to the second quarter, North America&#39;s largest maker of telecom equipment
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Nortel Networks Corp. NT.TO NT.N,  one of the world's biggest telecom equipment makers, said on  Tuesday it has been granted a court order allowing it to hold  its 2004 annual general meeting no later than May 31, 2005.
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Nortel Networks Corp. will cut 250 fewer jobs than it first expected but nearly a quarter of the 3,250 employees facing pink slips over the next nine months are slated to come from Ottawa, the company revealed yesterday.
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Company will slash nearly 3,250 jobs, reduce real estate to lower annual costs by $393.7M in 2005. TORONTO  - Nortel Networks Corp.
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Nortel Networks said the further delay in its release of financial information will &quot;permit the resolution of focused revenue reporting issues and remaining accounting matters identified by Nortel management.
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Nortel Networks Corp.  , one of the world's largest telecom equipment makers, released its long-awaited restatement of 2003 results on Tuesday.
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Nortel Networks Corp. NT.TO NT.N  took steps to close the books on its protracted accounting  scandal on Tuesday, releasing its long-awaited audited 2003  results and announcing that 12 senior executives would repay  $8.6 million in bonuses.
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Canadian telecom equipment maker Nortel Networks Corp. said Wednesday that it won&#39;t be able to file financial restatements to correct accounting irregularities by the end of October, as originally expected.
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NEW YORK, October 27  - Nortel Networks Corporation (NT.NYS) has postponed the release of its long-awaited financial results restatement until mid-November this year.
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TORONTO - Nortel Networks warned Thursday its third-quarter revenue will be below the $2.6 billion US preliminary unaudited revenues it reported for the second quarter.
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Nortel Networks Corp., North America&#39;s biggest maker of phone equipment, will pare 3,250 jobs, 250 fewer than it predicted last month, as it reduces other costs including real estate.