Just got this on our RTRS screens... I didn't know situation is this bad. I guess SASKEN will fire employees in hundreds now from their bangalore office ?
*RTRS-NORTEL SAYS HAS MORE THAN $1 BILLION OF BOTH ASSETS AND LIABILITIES * *Jan 14 (Reuters) - Nortel Networks Corp and various affiliates filed for bankruptcy protection in the United States: * Nortel files for court protection with U.S. bankruptcy court in Delaware * More than one dozen Nortel affiliates file for chapter 11 protection * Five Nortel entities, including Nortel Networks Corp , file for Chapter 15 protection * Nortel says has more than $1 billion of both assets and liabilities * -- ______________________ Navin NS Capital Partners --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
