Nortel delays annual report

Nortel announced it would have to restate results from 2004, 2005 and the first nine months of 2006 to rectify mistakes made by an outside actuary firm and to correct income-reporting mistakes. The company expects restatement to increase revenue for the 2006 quarters.

New York Times, The | 03/01 Bookmark and Share

This story published in USTelecom dailyLead on 03/02/2007





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