Home Page News Briefs People Media Telecom Archives About Us GET FREE NEWS UPDATES
Advertising Subscribe Reuse & Permissions
The Hill Times Parliament Now The Lobby Monitor HTCareers

NL Update

News | 07/23/2001 4:00 am EDT

Nortel announces record loss for Q2
Once the darling of the Canadian telecom market, Nortel Networks Corp has come crashing down to earth. The company reported the largest quarterly loss in Canadian history – US$19.4 billion in the second quarter of 2001. The Standard & Poor’s Corp has lowered the firm’s credit rating from single-A to tripple-B. More details.

This content is available to wirereport.ca subscribers

Already a subscriber? Sign in here

Unlock all the Canadian telecom, broadcasting and digital media news you need.

Take a free trial or subscribe to The Wire Report now.


Two weeks free access to thewirereport.ca and our exlusive newsletters.

Register for free

* Required


Unlimited access to thewirereport.ca and our exlusive newsletters.


* Required

Reuse & Permissions

Unauthorized distribution, transmission, reuse or republication of any and all content is strictly prohibited. To discuss re-use of this material, please contact:

Customer Care, 613-688-8821 | subscriptions@hilltimes.com