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Nortel builds metro research mega-lab

Article Abstract:

Brampton, Ont.-based Nortel Networks Corp. has constructed a new fiber optics research facility, which brings together four smaller research labs. Nortel, which is undergoing a major restructuring of its telecommunications operations, expects to save about $1 million annually through merging its research units.

Author: Tuck, Simon
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
New capacity, new plant construction, Financial management

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Investors cheer Nortel forecast

Article Abstract:

Brampton, Ont.-based Nortel Networks Corp. has reported that it will have an operating loss of 16 cents per share for the fourth quarter. Nortel Networks, which expects to earn revenues of $3.4 billion in the fourth quarter ending Dec. 31, 2001, was expected to report higher operating losses for the quarter.

Author: Tuck, Simon
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
Sales, profits & dividends, Statistical Data Included

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Subjects list: Canada, Finance, Telecommunications equipment industry, Telecommunications systems, Nortel Networks Corp., NT
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