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Author Topic: Nortel Files for Chapter 11 bankruptcy  (Read 5073 times)

Offline ralph

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Nortel Files for Chapter 11 bankruptcy
« on: January 14, 2009, 11:05:12 AM »
Thought this may be of interest here.
Nortel filed for Chapter 11 bankruptcy.   I'd say this can't be good even if all you sell is Mitel.
Here the article: http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20090114/Nortel_board_090114/20090114?hub=SciTech

Ralph
www.NortelPhones.biz
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Offline Mattmayn

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Re: Nortel Files for Chapter 11 bankruptcy
« Reply #1 on: September 14, 2009, 02:14:49 PM »
Avaya wins the bid at $900,000,000 USD.
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Offline ralph

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Re: Nortel Files for Chapter 11 bankruptcy
« Reply #2 on: September 14, 2009, 03:45:45 PM »
Actually pretty good news for us.   We'll become the largest Avaya dealer in MI because of it.

Ralph
www.Nortelphones.biz
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