More from Nortel's AGM
June 29th, 2005 Posted in Nortel Networks
It sounds like Nortel may be looking to move out of its large corporate headquarters facility in Brampton. Nortel CEO Bill Owens said the facility is “too big” and the company is considering a number of options, including sharing the space. He also seemed to indicate Nortel could explore the idea of moving the HQs to Ottawa because that is where management likes to take guests given the extensive R&D activities up there. By the way, we're now 2.5 hours into the AGM, and in the midst of Q&A/venting from a lengthy string of shareholders. Looks like this could go on for another hour or two.
