Submission + - Nortel filed for Chapter 11, change equipment? (telecomasia.net)
makinsky writes: Nortel Networks filed for Chapter 11 in Canada & US on 14 January 2009.
Although not an unexpected move due to their continued revenues drop, this has gone unnoticed on Slashdot!
As a giant telecom and network equipment maker that might disappear from the market (and that will surely be welcomed by the competition), this deserves to be mentioned, imho.
http://money.cnn.com/2009/01/14/technology/nortel_bankruptcy.reut/index.htm
http://news.cnet.com/8301-1035_3-10142422-94.html
Although not an unexpected move due to their continued revenues drop, this has gone unnoticed on Slashdot!
As a giant telecom and network equipment maker that might disappear from the market (and that will surely be welcomed by the competition), this deserves to be mentioned, imho.
http://money.cnn.com/2009/01/14/technology/nortel_bankruptcy.reut/index.htm
http://news.cnet.com/8301-1035_3-10142422-94.html
