Nortel Networks Evolves Supply Chain Strategy

Company in discussions with Flextronics about activities being considered for divestiture


The successful completion of these discussions with Flextronics could affect up to approximately 2,500 Nortel Networks employees. As noted above, at this stage of the discussions, it is premature to discuss any details of the discussions or the potential effects of this initiative on employees. However, it has been Nortel Networks experience in similar past divestitures to EMS suppliers that a significant number of Nortel Networks employees have become employees of the EMS supplier.