Nortel Provides Status Update.
PR Newswire Europe, March, 2006
TORONTO, Canada, March 23 /PRNewswire/ -- Nortel Networks(x) Corporation (NYSE: NT, TSX: NT) and its principal operating subsidiary, Nortel Networks Limited ("NNL"), today provided a status update pursuant to the alternate information guidelines of the Ontario Securities Commission. These guidelines contemplate that the Company and NNL will normally provide bi-weekly updates on their affairs until such time as they are current with their filing obligations under Canadian securities laws.
The Company and NNL reported that there have been no material developments in the matters reported in the Company's press release "Nortel to Delay Filing of its 2005 Annual Reports Until End of April 2006 and Restate Certain Prior Period Results" dated March 10, 2006, and...
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