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Nortel Finally Gone? Next Stop, The Cloud.

Nortel Finally Gone? Next Stop, the Cloud.

Nortel originally declared bankruptcy in 2009, which left tens of thousands, if not hundreds of thousands, of on-premise communications systems in the field without a clear pathway for upgrades, support, or any means to adapt to the future. On Jan 24, 2017, Judges in Delaware and Canada approved a plan to pay more than $7 billion to creditors of Nortel Networks. The ruling has marked years of litigation over the demise of what was once one of the largest manufacturers of telecommunications equipment in the world. While this ruling will finally allow repayment of vendors, retirees in Canada, government agencies, and investment funds, it does not do much for the owners of aging Nortel equipment in the field. Anyone still running a Norstar,…

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