What Happened to Nortel? The Canadian Telecom Giant That Once Dominated the TSE 300
Nortel was once Canada's most powerful technology company, controlling more than a third of Toronto's TSE 300 index at its peak. From pioneering telecommunications technology to becoming a global industry giant, Nortel seemed unstoppable.
But the dot-com crash, costly acquisitions, accounting scandals, and fierce competition brought the empire crashing down. In 2009, Nortel filed for bankruptcy, marking one of the most dramatic corporate collapses in Canadian history.
Discover the rise and fall of Nortel Networks, the decisions that destroyed a telecom giant, and how a company once worth hundreds of billions disappeared.
Nortel was once Canada's most powerful technology company, controlling more than a third of Toronto's TSE 300 index at its peak. From pioneering telecommunications technology to becoming a global industry giant, Nortel seemed unstoppable.
But the dot-com crash, costly acquisitions, accounting scandals, and fierce competition brought the empire crashing down. In 2009, Nortel filed for bankruptcy, marking one of the most dramatic corporate collapses in Canadian history.
Discover the rise and fall of Nortel Networks, the decisions that destroyed a telecom giant, and how a company once worth hundreds of billions disappeared.
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