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Nortel Networks resolves more than $3 billion in bankruptcy claims

2013-12-17 20:33:42| Telecom - Topix.net

Nortel Networks Inc., a defunct telecoms company, has reached a deal that will cut more than $3 billion from what was allegedly owed to former Nortel entities in Europe, marking what it called a "significant milestone" to ending its five-year bankruptcy.

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Category:Telecommunications

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