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Reuters: Nortel loss jump on charges, revenue falls 15 percent

Started by chris, March 02, 2009, 06:59:25 PM

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chris

Nortel loss jump on charges, revenue falls 15 percent
      
   
      


TORONTO (Reuters) - Ailing telecom equipment maker Nortel Networks Corp , now operating in bankruptcy protection, said on Monday its quarterly loss more than doubled as it booked over $2 billion in noncash writedowns and saw its sales plunge.<div class="feedflare">
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