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London 2012 monitoring Nortel after bankruptcy

 A news reporter walks past the Nortel office tower sign on Monday, Nov. 10, 2008 in Etobicoke, Ont. Canadian telecommunications equipment maker Norte...

Earns Nortel

A news reporter walks past the Nortel office tower sign on Monday, Nov. 10, 2008 in Etobicoke, Ont. Canadian telecommunications equipment maker Norte...

The future of a key sponsor of the 2012 London Olympics was in doubt Wednesday after Nortel Networks Corp. filed for bankruptcy protection in Canada and the U.S. amid the global economic downturn.
The Toronto-based technology giant signed up as one of London's domestic "tier one" sponsors in July, committing to provide about 40 million pounds ($58 million;


Updated : 2021-07-24 23:44 GMT+08:00