Insolvent Nortel Networks Corp. (OTCBB:NRTLQ) reported a second quarter loss of US$1.5 billion, including reorganization costs of $1.4 billion as the company sold most of its remaining operations under a bankruptcy restructuring.
The former Canadian high-tech king said late Friday its lost $3.02 a share for the three months ended June 30, compared with a loss of $274 million or 55 cents a share in the year-earlier period.
The former Canadian high-tech king said late Friday its lost $3.02 a share for the three months ended June 30, compared with a loss of $274 million or 55 cents a share in the year-earlier period.
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