Nortel Files for Bankruptcy
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They use to own
They use to own Alltel or be apart of them some way or another.
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They have been in a long agonizing downward spiral since the dot com bust. Several family members have worked for them in Silicon Valley.
Expected, but I am surprised it took this long to file 😲
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They don't own alltel, and never have. But I can guarantee, if you make a phone call in the united states, your call more than likely passes through a piece of their equipment. They, like the US automakers, will not be allowed to fail. The equipment and service they provide is vital to the communications infrastructure, worldwide.
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DrunkJan 19, 2009, 6:34 PM
Every Company is laying off people and going out of business. This is pretty sad, I wish Canada came out with a sweet deal.
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