Posts Tagged ‘bankrupt’

Taiwanese PHS Service Provider Goes Bust

First International Telecom Corporation, the only telecom carrier that provides low-power communication system services in Taiwan, has announced its bankruptcy and its users will be taken over by other carriers.

Nortel: Bankruptcy Protection Will Not Affect China Office

According to a representative from Nortel (NT) China, the bankruptcy protection announced by Nortel last week will not affect the formal operation of its subsidiary in China.