Financial woes for Canadian telecom tech company DragonWave continue

A Canadian telecommunications company is in dire financial straits, and the situation is not looking up. In a string of...

August 2nd, 2017 Mandy Kovacs

BREAKING NEWS: Ericsson buys Nortel

BREAKING NEWS: Ericsson buys Nortel

LM Ericsson of Sweden, which is working on Long Term Evolution (LTE) products in Montreal, has agreed to buy the...

July 27th, 2009 shane schick and greg meckbach

Nortel gets extension of bankruptcy protection

Nortel gets extension of bankruptcy protection

An Ontario court has extended until summer the stay of proceedings against Nortel Networks Corp., which filed for bankruptcy protection...

April 27th, 2009 Greg Meckbach

Nortel’s Asian ops isolated from Chapter 11 filing

Nortel’s Asian ops isolated from Chapter 11 filing

Nortel has clarified that they only filed Chapter 11 or creditor protection against bankruptcy in US, Canada and Europe and...

February 11th, 2009 Vernadette T. Joven

Qimonda bankruptcy causes DRAM price hike

Qimonda bankruptcy causes DRAM price hike

DRAM chip prices spiked last week over supply concerns after chip maker Qimonda filed for bankruptcy protection in Germany, and...

February 1st, 2009 Dan Nystedt

SLIDE SHOW: 5 products you didn’t know Nortel made

SLIDE SHOW: 5 products you didn’t know Nortel made

Application accelerators? VPNs? Nortel has faced many challenges overthe years, but its incredibly broad portfolio would be difficult forany company...

January 14th, 2009 shane schick and greg meckbach

BenQ Mobile bankruptcy prompts Infineon to cut jobs

BenQ Mobile bankruptcy prompts Infineon to cut jobs

The insolvency of German handset maker BenQ Mobile GmbH & Co. OHG continues to reverberate in the mobile phone sector....

October 24th, 2006 Dan Nystedt

AOL may say adios to Latin America

AOL may say adios to Latin America

America Online Latin America Inc. (AOLA) is quickly running out of funds and could soon cease operations or file for...

March 23rd, 2005 Scarlet Pruitt

Ebbers convicted of conspiracy and fraud

Ebbers convicted of conspiracy and fraud

A jury has convicted Former WorldCom Inc. Chief Executive Officer Bernard Ebbers of conspiracy and fraud in the gargantuan US$11...

March 15th, 2005 No Author