The bankrupt telecom equipment maker made the announcement late Thursday.
The GSM/GSM-R auction was to happen today. But Nortel said it is “continuing in discussions with interested parties” and will provide an update next week.
Nortel continues to part itself out so it can pay off creditors, many of whom are not likely to be the company’s thousands of pensioners.
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October 12 2018 @ 15:55:08 UTC