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Nortel Makes Executive Changes

Nortel Networks has selected Gary Daichendt formerly of Cisco Systems as its new president and COO.

Rogers Teams with Nortel

Rogers Communications is launching an internet-based digital phone service in the summer using Nortel equipment.

Nortel Sues Former Execs for C$13 Million

Nortel has sued former CEO Frank Dunn former CFO Douglas Beatty and former controller Michael Gollogly in an effort to get back C$13 million.

Nortel Reports Profits for First Half of 2004

Nortel Networks whose accounting scandal led to the firing of its CEO, posted a profit in the first half of last year.

Nortel Gets New CFO

Nortel Networks appointed senior executive Peter Currie as CFO effective February 14, 2005.

LG Electronics and Nortel Announce Joint Venture

LG Electronics and Nortel are establishing a joint venture to provide telecommunications equipment and networking solutions to Korea and other markets globally.

Ciena Files Complaint Against Nortel

Ciena filed a complaint charging Nortel Networks with infringing on six patents related to Ciena's communications networking systems and technology.

Nortel Pays for Deadline Blunders

After three deadline blunders, Nortel finally completed a restatement of 2001 to 2003 results.