Nortel Networks

Headquarters location: 8200 Dixie Road, Suite 100 Brampton, ON L6T 5 Tel. 905 863-0000 Job offers, investor relations: www.nortel.com Email: investor@nortelnetworks.com Stock:

Nortel Networks belongs to shareholder country     % source AXA 0.7 Barclays Plc 2.6 BCE Inc. (Bell Canada Entreprise) 40 Capital Guardian Trust Co. 2.2 Primecap Management Co 1.6 State Street Corp. 1.5 Toronto Dominion Bank 3 Vanguard Group Inc. 1.4 Nortel Networks owns subsidiary country     % source Bookham Technology PLC 29.8 Matra Nortel Communications Distribution 19.9 Les Echos	Brands name items photo compare the prices Alteon WebSystems Ethishop CoreTek Ethishop Nortel Networks Ethishop PEC Solutions Ethishop Qtera Ethishop Tasman Networks Ethishop Shop local, ethical and at the best price on Ethishop !
« ETHICAL » RATING OF NORTEL_NETWORKS , group and subsidiaries [click on the images below or on help for more information] 67% Job: 67% of company's jobs cut since 1998 7 Delinquency: 7 act(s) of financial or trade delinquency 11 Sales: more than 11 billion(s) dollars/euros in annual sales 74 Top management: earns 74 times the median income in the United States (32000 US$/year) 3 Influence: 3 act(s) of direct corruption or lobbying Full profile >>>
Relevance: business & market share year business source 2004 Nortel sells 11% of the optical equipements for telecommunications bought in the world. Les Echos World locations & Manufacturing country incentive : address & contact : production type source   Globe & Mail   Globe & Mail The map of tax haven, secret accounts and shell companies Nortel Networks is managed by year name photo position; compensation source 2006Zafirovski, Mark Chief Executive Officer; salary: 2.37 million US$; 2005Owens, Bill Chief Operating Officer; Globe & Ma. 2004Owens, Bill Chief Executive Officer; 2001Dunn, Frank Chief Executive Officer; Les Echos 2001Roth, John Vice-president; Les Echos 1999Roth, John Chief Executive Officer; Highest paid executives in 2007

Made by year employees <> social impact : country source 2008 33700 -3100 Relocation: Nortel cuts 2.100 jobs in the world and will delocalize 1.000 others after a loss of 844 million dollars in the fourth quarter. The plan of reorganization will save approximately 300 million dollars per year and cost 275 million dollars.: AFP 2006 -1100 Internal restructuring: Nortel will eliminate about 1,900 positions and create 800 new ones to improve margins, with total restructuring costs of about $100 million over the next two years. Nortel said it will save about $100 million in 2007 through the job reorganizations and $175 million by 2008.: Canada Reuters 2005 -9000 Les Echos 2004 32000 -3500 CBC 2003 36960 2002 35000 -7000 CBS Market. 2002 -3500 2002 -4000 Les Echos 2002 48000 Bloomberg 2001 94500 Bloomberg 2001 -10000 Les Echos 2001 -10000 Les Echos 2001 -6000 AP 2001 -5000 Montréal G. 2001 -5000 Canadian P. 2001 -4000 New York T. 1999 -1000 AP 1998 75052 1989 -521 Canadian L. 1988 -920 Canadian L. Layoff plans and labour conditions in 2007 Influence year purpose : intermediary/lobby : institution source 2000 Prevent binding regulation, co- or self-regulation instead. : American Chamber of Commerce's EU Committee : : European Commission translate Corporate . 1999 Removal of barriers to trade and foreign direct investment, taxation (VAT : GBDe : : WTO translate GBDe 1998 Regulation favorable to company's interests : Contribution to Candidate's Political Action Committee : amount: 92 thousand US$ : US President, Congress, Senate translate Center for. Influence in 2007 Subsidy year donator country amount source 1989 Federal Canada 130 million US$ Canadian L. Financials year financial misdemeanor sales income buyback source 2007   -0.96   billion US$ 2007 Nortel is charged by the Securities and Exchange Commission, of embezzlements. Nortel would have falsified its results and its sales accounts of the years 2000, 2002 and 2003 in order to meet Wall Street's expectation. Nortel will pay 35 million dollars to settle the lawsuit.     La Tribune 2007 The U.S. Securities and Exchange Commission has charged four more former Nortel Networks Corp. executives with accounting fraud, alleging they manipulated reserves to change Nortel's earnings statements on the orders of more senior officers.     AP 2006   11.42 0.03   billion US$ 2006     2006 Nortel pays 575 million dollars in cash and emits stocks for a total value of 1,64 billion dollar. The shareholders will receive addiionnally 228 million dollars on behalf of Nortel's insurance companies. This agreement was validated by two American judges, and must still be approved by the Canadian justice, also seized by shareholders.     ZDNet 2006 Nortel said it expects changes to its results for 2003, 2004, and the first nine months of 2005. It will also need to adjust periods before 2003, largely due to revenue recognition mistakes.Nortel said it expects the revisions to negatively impact 2003 revenue by $157 million and earnings by $91 million, and its 2004 revenue by $77 million and earnings by $93 million. For the first nine months of 2005, the restatement will negatively impact $162 million in revenue and $95 million in earnings. In financial results prior to 2003, Nortel expects revisions to negatively impact revenue by $470 million and earnings by $99 million.     Reuters 2005   10.52 -2.58   billion US$ 2005 Des actionnaires ayant investi dans Nortel entre le 24 avril 2003 et le 27 avril 2004 poursuivent l'entreprise devant la Cour supérieure de l'Ontario pour présentation erronées et trompeuse d'états financiers     2004   9.83 -0.05   billion US$ 2004 Nortel overstated its reserves as part of a "cookie jar" accounting manipulation, that let managers and executives grab past reserves from a financial "cookie jar" to make income look better than it was.     Wall Stree. 2004 PDG Frank Dunn remercié suite à erreur comptable de près de 400 millions de dollars, surestimation du bénéfice net dans les années 2000-2003     2003   9.81 0.73   billion US$ 2002   10.56 -3.58   billion US$ 2001   17.51 -27.3   billion US$ 2000   30.28 -3.47   billion US$ 2000   10 million shares 1999   22.22 -0.17   billion US$ 1999   10 million shares SmartMoney 1998 Financial delinquency in 2007

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