The Royal Canadian Mounted Police this week charged three former Nortel executives with fraud stemming from an accounting scandal that led to their ouster in 2004. Former CEO Frank Dunn, former CFO ...

Nortel Networks said Wednesday that it plans to pay about $2.5 billion in cash and stock to settle two shareholder class action lawsuits, which arose from an accounting scandal under the company's ...

Can the staid Canadian network equipment provider checkmate faster, flashier enterprise players? Eighteen months into his tenure as CEO, former U.S. Navy Admiral Bill Owens has earned high marks from ...

Owens will take on Daichendt’s responsibilities as president and chief operating officer of Nortel Networks Corp. and Nortel Networks Ltd., which are based in Brampton, Ontario. It’s been barely a ...

(Reuters) - Nortel Networks Corp's wireless business goes on the auction block July 24, marking the first of the insolvent company's three key units to be put up for sale. Three bids have already ...

Nortel Networks Corp. , one of the largest telecom equipment suppliers, said on Monday that its fourth-quarter earnings fell steeply on falling sales as it struggled to recover from an accounting ...

Gary Daichendt resigned as president and chief operating officer of Nortel Networks on Friday, after falling out with Chief Executive Officer Bill Owens. Chief Technology Officer Gary Kunis was caught ...

July 25 (Reuters) - Sweden's Ericsson has won an auction for the wireless assets of bankrupt Nortel Networks Corp , paying $1.13 billion for the crown jewels of the one-time Canadian telecom star. The ...