December 17, 2014 4:01 PM ET

Communications Equipment

Company Overview of Nortel Networks Inc.

Company Overview

Nortel Networks Inc. provides networking products and solutions to service providers and enterprise customers. Nortel Networks Inc. was formerly known as Northern Telecom Inc. and changed its name to Nortel Networks Inc. in May 1999. The company was founded in 1971 and is based in Research Triangle Park, North Carolina. Nortel Networks Inc. operates as a subsidiary of Nortel Networks Ltd. On January 14, 2009, Nortel Networks Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

4001 East Chapel Hill-Nelson Highway

Research Triangle Park, NC 27709

United States

Founded in 1971

Phone:

919-992-5000

Fax:

919-992-4655

Key Executives for Nortel Networks Inc.

President
Treasurer and Director
Age: 52
Compensation as of Fiscal Year 2014.

Nortel Networks Inc. Key Developments

Nortel Settles a Long-Running Dispute with its Retirees

A Delaware judge has approved a settlement that resolves a long-running dispute between Nortel. and its retirees. Under the deal, Nortel will pay $66.88 million to terminate the benefits of retirees on May 31, 2013. Chief Judge Kevin Gross of the U.S. Bankruptcy Court for the District of Delaware in Wilmington on April 2, 2013, signed the order approving the deal.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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