Toronto-based Nortel has been selling its businesses bit by bit to pay off its creditors after it sought and got bankruptcy protection in the US and Canada in January after last year's huge losses. Nokia Siemens Networks, which failed to acquire Nortel's next-generation wireless business in July, has once again entered the bidding process - jointly with the equity firm Equity Partners. read more news at - SME Times
Sunday, November 22, 2009
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