Wednesday, January 14, 2009

Surpise! Nortel files for bankruptcy

Coming from the not-so-surpised category.. I don't care for companies that use proprietary systems witch antiquated methodologies. Unfortunately at both my current and my former company we use(d) Nortel hardware. It doesn't play well with everything - and frankly sucks. Am I sad this one's going south - NOPE!



Nortel to file for bankruptcy protection — Facing $107-million interest on debts, former telecom giant will likely be broken up and sold to foreign rivals — Former technology titan Nortel Networks Corp. is expected to file for bankruptcy protection as early as today, sources say …

[From Nortel to file for bankruptcy protection (Globe and Mail)]


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