Nortel

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Nortel Networks Corporation

logo
legal form Corporation
ISIN CA6565685089
founding 1895
Seat Toronto
( Canada ) CanadaCanada 
management Allan Bifield
Number of employees 215 (July 2012)
sales 27.0 million US dollars (2011)
Branch telecommunications
Website www.nortel-canada.com

Headquarters in Toronto, Canada (until 2009)
Nortel CS1000 in a central office

Nortel Networks Corporation , or Nortel for short , was a Canadian company that worked as an equipment supplier for telecommunications companies. Since 2005 the company has only been called Nortel for short , the official company name in Canada has not changed, in Germany the company was known as Nortel GmbH .

Nortel has been in bankruptcy proceedings since January 2009. In June 2009 Nortel announced that it would sell all of its businesses and liquidate the company.

history

The company was founded by Alexander Graham Bell in Brantford , Ontario in 1895 as The Northern Electric and Manufacturing Company Limited . Here the Bell Telephone Company of Canada outsourced its production of telephones, fire alarms and emergency telephones for the police and fire departments. In 1900, the young company also began producing crank-operated gramophones , which were used to play records (instead of the previously common rollers). In 1913, Nortel's headquarters and main production facility were completed in Montreal . In 1914, the merger with Imperial Cable took place to form Northern Electric , which was owned by Bell Canada and the US company Western Electric . At the end of World War I, Northern Electric became the leading distributor of Western Electric's electrical systems.

Northern Electric began producing radios in 1922 . In 1928 it produced the technology for the first sound film theater in the British Empire for a theater in Montreal . AT&T / Western Electric was forced to sell its shares in the company to Bell Canada in 1949 due to an antitrust lawsuit. After this relationship was broken, Nortel began developing its own products. In 1953 the first television was produced. A cathode ray tube from Radio Corporation of America (RCA) was used for its manufacture .

In 1966, the company's development department, Bell Northern Research (BNR), began to research the possible applications of fiber optic cable . This led to work on the digitization of telephone communication in 1969 .

In 1976 the name of the company changed to Northern Telecom Limited . At that time, Nortel was striving to be the market leader in digital communications.

In 1995, on the occasion of the 100th anniversary, the company was renamed Nortel .

In 1998 the name changed to Nortel Networks after Bay Networks was bought out. The objectives of the other company strategies were directed towards the Internet and its infrastructure : communication, multi- protocol services and global (private) networks. Another mainstay was the mobile communications sector with infrastructure technology for GSM and UMTS .

In 2000, Chinese hackers presumably managed to break into Nortel's innermost secrets with permanent access. The thieves secretly downloaded all technical and business documents until at least 2009.

In 2004 Nortel tried to change its overall image under new leadership after a series of financial scandals. The corporate identity that had already been used from 1995 to 1998 was reactivated: Nortel Networks called itself Nortel again and www.nortelnetworks.com became www.nortel.com again. As a result of accounting irregularities discovered , Nortel had to allocate earnings reported for 2003 to 2001 and 2002. The profit in 2003 and the losses in 2001 and 2002 decreased accordingly.

On January 14, 2009, Nortel filed for bankruptcy under the Companies' Creditors Arrangement Act of Canada. Some foreign subsidiaries applied for procedures in their respective countries. In the course of the financial crisis from 2007 onwards, the company had to contend with a drastic drop in orders for the telephone companies. Various corporate divisions were up for sale.

In July 2009 , the wireless division was sold to Ericsson for € 794 million ($ 1.13 billion), and in September 2009 Avaya bought the enterprise telephony business for $ 900 million.

On March 31, 2010, parts of Nortel's Carrier Networks Division were sold to Kapsch CarrierCom AG .

On July 1, 2011, it was announced that around 6,000 Nortel patents worth the equivalent of € 3.1 billion ($ 4.5 billion) had been sold to a bidding consortium made up of Apple , Ericsson , EMC , RIM , Microsoft and Sony .

In 2012 it became known that Nortel had been spied on by alleged Chinese hackers since 2000.

In 2013, the liquidation of Nortel in the most expensive insolvency proceedings of all time brought in 9.3 billion dollars, which, however, had not been distributed at the end of 2016 despite over 2 billion administrative costs.

Nortel in Germany

Nortel was initially represented in Germany by two companies. The Nortel GmbH was the German subsidiary of Nortel. Most of the operational business was handled by Nortel Networks Germany GmbH & Co KG . This company was the former Nortel DASA , which was founded in 1995 as a joint venture between Nortel and DASA. The main locations of this company were Frankfurt am Main , Friedrichshafen and Munich . As a result of the merger of the two companies on July 1, 2007, there is only Nortel GmbH in Germany based in Frankfurt.

See also

Web links

Commons : Nortel  - album with pictures, videos and audio files

Individual evidence

  1. Nortel.com: Information about the bankruptcy (English) (PDF file; 207 kB)
  2. Annual Report 2011 ( Memento of the original from January 20, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (PDF file; 1.22 MB) @1@ 2Template: Webachiv / IABot / www.nortel-canada.com
  3. ^ Nortel Networks files for bankruptcy protection . CBC News. January 14, 2009. Retrieved December 28, 2010.
  4. ^ Nokia deal launches Nortel's liquidation sale . CBC News. Retrieved December 28, 2010.
  5. Archived copy ( memento of the original from September 30, 2009 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.nortel.com
  6. Archived copy ( memento of the original from September 30, 2009 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.nortel.com
  7. "Chinese hackers came in and out of Nortel" heise article , February 14, 2012 (accessed on March 3, 2017)
  8. ^ "Nortel pays to the stock exchange regulator" heise article
  9. Nortel's announcement of January 14, 2009 ( Memento of the original of December 24, 2009 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www2.nortel.com
  10. Archived copy ( memento of the original from September 30, 2009 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.nortel.com
  11. http://de.reuters.com/article/companiesNews/idDEBEE56O01H20090725
  12. http://www.avaya.com/gcm/master-usa/en-us/corporate/pressroom/pressreleases/2009/pr-090914.htm
  13. boerse-express.com: Kapsch CarrierCom new GSM-R world market leader on April 1, 2010
  14. ↑ Billionaire battle for patents decided ( Memento of April 7, 2012 in the Internet Archive )
  15. Chinese hackers came in and out of Nortel at heise.de, added Feb. 3, 2019
  16. Bankruptcy of the telecom supplier Nortel: Millions for managers, billions for financial companies heise article , October 10, 2016 (accessed on March 3, 2017)