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	<title><![CDATA[Nortel Networks Corp. | Company News & Executive Profiles - NT | BNET]]></title>
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	<description><![CDATA[Latest company news & analysis, recent events, stock quotes, earning call transcripts, with profiles and descriptions of top business executives for Nortel Networks Corp.]]></description>
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		<title><![CDATA[NSN Might Rebid for Nortel's MEN]]></title>
		<link><![CDATA[http://industry.bnet.com/media/news-analysis/nsn-rebid-nortels-men/22576/]]></link>
		<description><![CDATA[Didn't it seem as if that Metro Ethernet Networks MEN auction ended anticlimactically? Worry no more. Nokia Siemens Networks wants to file a new bid for the Nortel Networks Ltd. unit: $810 million in cash, as Reuters reported earlier today. It's a last-minute plea, considering the courts are due to...]]></description>
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		<pubDate>Thu, 03 Dec 2009 03:19:18 -0800</pubDate>
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		<category domain="http://resources.bnet.com/topic/metro+ethernet.html"><![CDATA[Metro Ethernet]]></category>
		<category domain="http://resources.bnet.com/topic/auction.html"><![CDATA[Auction]]></category>
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		<title><![CDATA[Ericsson, Kapsch win Nortel GSM auction]]></title>
		<link><![CDATA[http://industry.bnet.com/technology/news-analysis/ericsson-kapsch-win-nortel-gsm/21876/]]></link>
		<description><![CDATA[LM Ericsson and another European company on Wednesday won the auction for Nortel Networks' GSM wireless technology business. The two companies will pay $103 million US. The insolvent telecom maker said Ericsson and Kapsch, an Austrian company, would split up sales territories between them. Ericsson will sell and service the...]]></description>
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		<pubDate>Wed, 25 Nov 2009 10:10:44 -0800</pubDate>
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		<title><![CDATA[Insolvent Nortel Selling Its GSM/GSM-R Business]]></title>
		<link><![CDATA[http://industry.bnet.com/technology/news-analysis/insolvent-nortel-selling-gsm-gsm/21865/]]></link>
		<description><![CDATA[Bankrupt Nortel Networks is selling off another piece of its business, this time its GSM/GSM-R unit to Telefon AB and Kapsch CarrierCom. The announcement comes days after Nortel sold its optical networking and carrier Ethernet businesses to Ciena. Nortel, which declared bankruptcy earlier this year, is looking to sell off...]]></description>
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		<pubDate>Wed, 25 Nov 2009 09:03:45 -0800</pubDate>
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		<title><![CDATA[Nortel's MEN: Winners & Losers]]></title>
		<link><![CDATA[http://industry.bnet.com/media/news-analysis/nortels-men-winners-losers/21663/]]></link>
		<description><![CDATA[To the surprise of some, Ciena Corp. (Nasdaq: CIEN) proffered the winning bid during last weekend's auction of the Nortel Networks Ltd. Metro Ethernet Networks MEN division, stumping up a package of cash and convertible notes worth $769 million. (See Ciena Beats NSN to Buy Nortel's MEN.) But where there's...]]></description>
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		<pubDate>Tue, 24 Nov 2009 07:50:33 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/nortel+networks+corp..html"><![CDATA[Nortel Networks Corp.]]></category>
		<category domain="http://resources.bnet.com/topic/ciena+communications.html"><![CDATA[CIENA Communications]]></category>
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		<title><![CDATA[Ciena Wins Nortel Units]]></title>
		<link><![CDATA[http://industry.bnet.com/technology/news-analysis/ciena-wins-nortel-units/21515/]]></link>
		<description><![CDATA[Ciena, which last month had bid $521 million for the unit, had to up its bid in a three-day auction held over the weekend. Nokia Siemens Network had bid on two other Nortel units and also dropped out after being outbid. Nortel, once Canada's biggest company by market valuation, has...]]></description>
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		<pubDate>Mon, 23 Nov 2009 09:35:24 -0800</pubDate>
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		<category domain="http://resources.bnet.com/topic/nokia+corp..html"><![CDATA[Nokia Corp.]]></category>
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		<category domain="http://resources.bnet.com/topic/ciena+communications.html"><![CDATA[CIENA Communications]]></category>
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		<title><![CDATA[Ciena Buys Growth With Nortel Metro Ethernet Deal]]></title>
		<link><![CDATA[http://industry.bnet.com/technology/news-analysis/ciena-buys-growth-nortel-metro/21498/]]></link>
		<description><![CDATA[Ciena today beat out Nokia Siemens Network to buy bankrupt Nortel's metro Ethernet business for $769 million, winning the bidding war for the assets that it began in October. A court will still have to approve the deal that will see Ciena, which makes fiber optical equipment, pay $530 million in cash...]]></description>
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		<pubDate>Mon, 23 Nov 2009 08:25:21 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/ciena+communications.html"><![CDATA[CIENA Communications]]></category>
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		<title><![CDATA[Ciena Beats NSN to Buy Nortel Ops For $769 Mln]]></title>
		<link><![CDATA[http://www.bnet.com/2407-13071_23-367570.html]]></link>
		<description><![CDATA[By Tarmo Virki and Anupreeta DasHELSINKI/NEW YORK (<a href="http://resources.bnet.com/index.php?source=Reuters">Reuters</a>) - Ciena Corp will buy the optical networking and carrier ethernet business of bankrupt Nortel for $769 million after it trumped Nokia Siemens Networks in a three-day auction.The deal will more than double Ciena's turnover, prompting the market to focus on how...]]></description>
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		<pubDate>Mon, 23 Nov 2009 06:45:30 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/nokia+corp..html"><![CDATA[Nokia Corp.]]></category>
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		<title><![CDATA[Ciena winning bidder for Nortel businesses]]></title>
		<link><![CDATA[http://industry.bnet.com/technology/news-analysis/ciena-winning-bidder-nortel-businesses/21478/]]></link>
		<description><![CDATA[Ciena Corp. is the winning bidder for Nortel Networks' optical networking and carrier ethernet businesses. Ciena's bid was worth $769 million US, about $248 million more than it initially bid in October. The Maryland-based company emerged on top after a three-day auction in New York that began Friday. It beat...]]></description>
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		<pubDate>Mon, 23 Nov 2009 06:06:26 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/nortel+networks+corp..html"><![CDATA[Nortel Networks Corp.]]></category>
		<category domain="http://resources.bnet.com/topic/ciena+communications.html"><![CDATA[CIENA Communications]]></category>
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		<title><![CDATA[Ciena to Pay $769 Million For Some Nortel Assets: Source]]></title>
		<link><![CDATA[http://industry.bnet.com/financial-services/news-analysis/ciena-pay-769-million-nortel/21446/]]></link>
		<description><![CDATA[By Anupreeta Das NEW YORK (<a href="http://resources.bnet.com/index.php?source=Reuters">Reuters</a>) - Ciena Corp CIEN will buy Nortel Networks Corp's optical networking and carrier ethernet business for $769 million after trumping Nokia Siemens Networks in a three-day auction, sources told Reuters on Sunday. Last month, the U.S. network equipment maker announced it had made a...]]></description>
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		<pubDate>Sun, 22 Nov 2009 21:59:46 -0800</pubDate>
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		<title><![CDATA[Ciena to Pay $769 Million For Some Nortel Assets: Source]]></title>
		<link><![CDATA[http://www.bnet.com/2407-14061_23-367538.html]]></link>
		<description><![CDATA[By Anupreeta DasNEW YORK (<a href="http://resources.bnet.com/index.php?source=Reuters">Reuters</a>) - Ciena Corp CIEN will buy Nortel Networks Corp's optical networking and carrier ethernet business for $769 million after trumping Nokia Siemens Networks in a three-day auction, sources told Reuters on Sunday.Last month, the U.S. network equipment maker announced it had made a stalking-horse offer...]]></description>
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		<pubDate>Sun, 22 Nov 2009 21:30:15 -0800</pubDate>
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