Nortel Implicated in Disastrous Liquidation of Colombia’s Telecom

By Asad Ismi Nortel Networks, Canada’s largest high-tech corporation, has helped bring about the liquidation of TELECOM, Colombia’s biggest telecommunications company, and the likely privatization of its successor. Brampton-based Nortel has assets of U.S.$15.8 billion, 37,000 employees and a presence in 150 countries. Plummeting global demand for telecommunications equipment and poor management have devastated Nortel […]