Nortel further postponed filing its financial statements for 2003...
Nortel further postponed filing its financial statements for 2003 and the first and 2nd quarters of 2004, and said it now expected to file in mid Nov. “I was not satisfied given the enormous details and complexity involved that…
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we would be able to meet our October deadline,” said Nortel CEO Bill Owens. Nortel said because of the delay, it now expected to miss its Nov. deadline for filing financial statements for the 3rd quarter with the U.S. SEC. It said it planned to announce limited preliminary unaudited financial results for the 3rd quarter by the end of Nov. and to file the financial statements for that quarter mid-Dec.