As the first anniversary of Nortel’s bankruptcy protection filing comes over the horizon, the company is seeking court approval to sell its carrier VoIP business to Genband Inc. for $282-million, which has submitted a “stalking horse bid”.
Genband, which was not among the speculated buyers for the business, will receive [...] Continue Reading…
![[del.icio.us]](http://images.del.icio.us/static/img/delicious.small.gif){kind=small}
A letter from the Nortel Retirees and former Employees Protection Canada to Minister of Finance Jim Flaherty and Industry Canada Minster Tony Clement:
A Christmas Tale – December 2009
Gentle Ministers Clement and Flaherty,
Christmas is a kind time, of ethical deeds, reconfirming our values and righting the wrongs inadvertently committed. [...] Continue Reading…
Here’s a letter to Nortel’s board and senior executives from the wife of an employee, who recently celebrated his 30th anniversary with the company. Unfortunately, 30 years of service doesn’t seem to warrant any kind of recognition these days.
To Whom It May Concern:
As I type that greeting, it [...] Continue Reading…
With Avaya’s purchase of Nortel’s enterprise business now officially complete, The Telecom Blog’s Jeff Wiener has some thoughts about what happens now.
He writes that early indications suggest Avaya has a good handle on folding Nortel’s enterprise unit into the fold, as well as the market forces at play. [...] Continue Reading…
According to Network World, Nortel is expected to receive bids for its carrier VoIP and application solutions business next week with an auction taking plan in January.
Catharine Trebnick, analyst with Avian Securities, said in a report that the potential bidders include GENBAND, NEC, Nokia Siemens Networks [...] Continue Reading…
Did Nortel Break U.K. Employment Laws?
As Nortel has gone through its bankruptcy protection process, it has has laid off hundreds of employees around the world, including the U.K.
U.K. employees are complaining that the proper procedures haven’t been followed and that employment laws have been ignored and that laws have been broken.
Here’s a television report that highlights the problem.