Avaya filed for Chapter 11 bankruptcy protection back in January and it has now been cleared by courts to restructure and exit protection by the end of 2017.
The Swedish telecommunications equipment manufacturer was the highest bidder and was willing to pay nearly double what Nokia Siemens Networks originally offered
The Canadian telecom equipment maker now has until at least June to refine its restructuring plan. Find out what the creditors told an Ontario commercial court judge
Nortel's sales and R&D-heavy operations in Asia have sufficient funds to run business and are not part of the company's bankruptcy protection filing, according to the network gear vendor
The price of the most popular 1Gb chip rose as much as 16 per cent compared to a week earlier, after DRAM chip maker Qimonda filed for bankruptcy protection, a market research firm said
Application accelerators? VPNs? Nortel has faced many challenges overrnthe years, but its incredibly broad portfolio would be difficult forrnany company to keep straight. Here's a handful...