15 Facts About Northern Telecom

1.

Nortel Networks Corporation, formerly Northern Telecom Limited, was a Canadian multinational telecommunications and data networking equipment manufacturer headquartered in Ottawa, Ontario, Canada.

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2.

Until an antitrust settlement in 1949, Northern Electric was owned principally by Bell Canada and the Western Electric Company of the Bell System, producing large volumes of telecommunication equipment based on licensed Western Electric designs.

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3.

Northern Telecom later refined its design at Brantford after producing his first working prototype in Boston.

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4.

In 1922, Northern Telecom started to produce, for $5, the "Peanut" vacuum tube, which required only a single dry-cell battery.

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5.

In January 1923, Northern Telecom Electric started to operate an AM radio station with call letters CHYC, in the Shearer Street plant, and much of the programming was religious services for the Northern Telecom Electric employees and families in the community.

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6.

Later in the 1920s, Northern Telecom created the first talking movie sound system in the British Empire for a theater in Montreal.

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7.

In 1953, Northern Telecom Electric produced its first television sets using tubes made by RCA.

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8.

Also in 1969, Northern Telecom began making inroads into the US market with its switching systems.

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9.

Northern Telecom was, with Bell-Northern Research, in the early 1970s a part owner of MicroSystems International, a semiconductor manufacturer based in Nepean, outside Ottawa.

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10.

Northern Telecom was the first company in its industry to announce and to deliver a complete line of fully digital telecommunications products.

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11.

Northern Telecom became a significant supplier in Europe and China and was the first non-Japanese supplier to Nippon Telegraph and Telephone.

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12.

Bell-Northern Telecom Research was gradually absorbed into Nortel, as it first acquired a majority share in BNR, and eventually acquired the entire company.

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13.

Northern Telecom's planned successor and chief operating officer, Clarence Chandran, already on sick leave due to complications following his 1997 stabbing in Singapore, decided to quit, however.

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14.

Northern Telecom stated that the restatement's principal effects would be a reduction in previously reported net losses for 2000,2001, and 2002 and an increase in shareholders' equity and net assets previously reported on its balance sheet.

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15.

However, it is alleged that since then, the HWT Governance Committees and third party trustee, Northern Telecom Trust, breached their fiduciary duties to protect Nortel's disabled employees and survivors of deceased employees by allowing Nortel to misdirect over million from the HWT for purposes inconsistent with the terms of the HWT.

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