Nortel Reports Results for the Third Quarter 2005

TORONTO--(BUSINESS WIRE)--Nov. 2, 2005--Nortel Networks Corporation (NYSE:NT)(TSX:NT):

-- Q3 2005 revenues of $2.66 billion, up year over year 22 percent -- Q3 2005 net loss of $105 million, $0.02 per common share on a diluted basis -- Q3 2005 cash balance of $3.0 billion

Nortel Networks Corporation (NYSE:NT)(TSX:NT) today reported results for the third quarter of 2005 in U.S. dollars and in accordance with accounting principles generally accepted in the United States.

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Monty Solomon
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