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Nortel Provides Update on Auction Date for the Sale of its GSM/GSM-R Business
Posted: 20-Nov-2009 [Source: Nortel]

[Nortel delays GSM/GSM-R auction previously scheduled for November 20, 2009.]

Toronto, Ontario -- Nortel Networks Corporation announced that as a consequence of the rescheduling of the auction date for the sale of its global Optical Networking and Carrier Ethernet businesses to November 20, 2009 announced earlier this week, it is delaying the auction for the sale of its GSM/GSM-R business, which was previously scheduled to take place on November 20, 2009, and that it is continuing in discussions with interested parties. Nortel will provide an update on matters relating to the sale of the GSM/GSM-R business during the week of November 23, 2009.

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