KAO， 以后不乱说了，才不到2个月就去PINK 市场交易了。真没趣。 
说真的，及时政府来救Nortel，也就是延迟Nortel 的死亡。。。
到时我们在来看这个贴，我真希望这次让我错一次。
回头再看看当初的预测,又对了一次.不过这次是NORTEL 没拉, 但是EMPLOYEE 有的能找到一个好新东家.
Nortel Networks
Corp. (TSX:NT), which is operating under court protection from creditors, announced a deal Friday to sell most of its wireless business for US$650 million and said it's in advanced talks to sell the rest of its operations, winding down a company with a 127 year old history in Canada.
Nortel president and
chief executive Mike Zafirovski said an orderly sale of the Toronto telecom equipment maker is the best way to preserve value.
"We really believe the best outcome for that is selling our businesses to drive consolidation in the industry," Zafirovski said in an interview late Friday.
"We believe that the best outcome to optimize value and to preserve the other very significant assets is an orderly sale of our businesses."
Zafirovski, who said earlier this year he wanted to restructure and preserve Nortel as a stand-alone company, said it's already in advanced talks for the sale of the other parts of the business.
"We will be weeks and months, not quarters," Zafirovski said.
Nortel also said it will ask to have its shares delisted from the Toronto Stock Exchange, the market where Nortel once accounted for more than a third of the value of all the companies listed.
When the company filed for protection under
Chapter 11 of the U.S. bankruptcy law and the Companies' Creditor Arrangement Act in Canada, it said it planned to restructure as a more focused company.
Nortel's predecessors have been in business since 1882, growing from making telephones for its former Bell Canada parent to the network technology through aggressive - but ill-fated acquisitions - in the United States.
However Nortel has faced a variety of troubles since the tech bubble burst - including accounting problems that devastated its stock and led to criminal charges against former executives.
Most recently, the slumping economy squeezed orders from its phone company customers and ate into its revenues, helping to produce mounting losses. Last year, the company lost more than US$5 billion and it continued to produce red ink and tumbling revenues this year.
The sale of the wireless business to Nokia Siemens Networks includes a provision that at least 2,500 employees have the opportunity to continue working with the buyer.
Susan Spradley, head of North America for Nokia Siemens, said the acquisition will be complementary to its current operations.
"The relationship and customer base that they have is tremendous and we're very excited to expand our relationship with some of those customers even deeper," Spradley said.
"And of course we have the R&D teams that we consider some of the best in the world and while we have competed against them in the past we are very excited to have them part of our team going forward."
The agreement is a "stalking horse" bid that will allow another buyer to possibly make a better offer.
The wireless business is the second largest supplier of CDMA infrastructure in the world.
Nortel's net loss for the three months ended March 31, reported in U.S. currency, was US$507 million or $1.02 per share and compared with a year-ago loss of $138 million or 28 cents per share.
Overall revenue fell to $1.73 billion, down 37 per cent from $2.76 billion.
Last month, Nortel announced plans to sell its majority stake in LG-Nortel, a Korean joint venture formed in 2005 with LG Electronics.
The company said LG-Nortel is a profitable, standalone business that has not filed for creditor protection.
Shares in the company, which announced the sale after the close of markets, were unchanged at 18.5 cents on the
Toronto Stock Exchange.
Nortel once employed 90,000 people in mid-2000 and was once Canada's most valuable corporation, but it got caught up in the tech-bubble and later accounting scandals that burst around the world and destroyed companies such as Enron, WorldCom and countless others.
The downhill journey to about 30,000 Nortel workers employed directly and through joint ventures started in October 2000 when reported sales disappointed investors. A week later, celebrity CEO John Roth retired and chief financial officer Frank Dunn was promoted to CEO.
The company revived somewhat - but then the nightmare deepened in October 2003, as Nortel acknowledged accounting errors. In April 2004, Dunn and his successor as CFO were fired, with Bill Owens, a former U.S. admiral, taking over as CEO.
The RCMP began probing Nortel's accounting, eventually charging Dunn and others a year ago with fraud.
Zafirovski, a former Motorola and General Electric executive, was named CEO in late 2005, and in 2006 Nortel paid US$2.5 billion to settle shareholder litigation over the bookkeeping scandal.
Zafirovski has presided over a disheartening series of workforce cuts and restructurings in his effort to, as he regularly put it, "re-create a great company."
© The Canadian Press, 2005
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