Nortel Provides Update on Auction Date for the Sale of its GSM/GSM-R Business

Nortel Networks Corporation announced that as a consequence of the rescheduling of the auction sale appointment for the sale of its global Optical Networking and Carrier Ethernet businesses to November 20, 2009 announced earlier this week, it is delaying the auction for the sale of its GSM/GSM-R stage business, which was previously scheduled to takings office on November 20, 2009, and that it is continuing in discussions with interested parties. Nortel volition provide an update on matters relating to the sale of the GSM/GSM-R stage business during the workweek of November 23, 2009.