Search results
Results From The WOW.Com Content Network
Nortel's market capitalization fell from C$398 billion in September 2000 to less than C$5 billion in August 2002, as Nortel's stock price plunged from C$124 to C$0.47. When Nortel's stock crashed, it took with it a wide swath of Canadian investors and pension funds and left 60,000 Nortel employees
Nortel's share price falls more than 79% on the Toronto Stock Exchange. Nortel is the first major technology company to seek bankruptcy protection in this global downturn. Nortel had an interest payment of $107 million due the next day, approximately 4.6% of its cash reserves of approximately $2.3 billion.
It was established on September 30, 1996, through the divestiture of the former AT&T Technologies business unit of AT&T Corporation, which included Western Electric and Bell Labs. [2] Lucent was merged with Alcatel SA of France on December 1, 2006, forming Alcatel-Lucent. [3] Alcatel-Lucent was absorbed by Nokia in January 2016.
Nortel, in fact, represented 95 percent of Airvana's $9.2 million in revenue for the first quarter of 2009. The news that bankrupt Nortel Networks is selling its wireless infrastructure business ...
ribboncommunications .com. Ribbon Communications Inc. is a public company that makes software, IP and optical networking solutions for service providers, enterprises and critical infrastructure sectors. The company was formed in 2017, following the merger of Genband and Sonus Networks and is headquartered in Plano, Texas. [2]
Bay Networks, Inc., was a network hardware vendor formed through the merger of Santa Clara, California, based SynOptics Communications and Billerica, Massachusetts based Wellfleet Communications on July 6, 1994. [2] SynOptics was an important early innovator of Ethernet products, having developed a pre-standard twisted pair 10 Mbit/s Ethernet ...
Ciena Corporation. Ciena Corporation is an American networking systems and software company [4] [5] [6] based in Hanover, Maryland. [7] [8] The company has been described by The Baltimore Sun as the "world's biggest player in optical connectivity". [9] The company reported revenues of $3.63 billion [1] and more than 8,000 employees, as of ...
Alcatel–Lucent S.A. (French pronunciation: [alkatɛl lysɛnt]) was a multinational telecommunications equipment company, headquartered in Boulogne-Billancourt, France.It was formed in 2006 by the merger of France-based Alcatel SA and U.S.-based Lucent Technologies, the latter being a successor of AT&T's Western Electric and a holding company of Bell Labs.