Nortel' s results

Nortel posts a 3Q05 net loss of $105m (up 53%) on revenues of $2,7bn, up 22%, Its cash position is at $3bn, Revenue in its Carrier Packet Networks was $754m, up 41%, Enterprise Networks revenue was $685m, up 16%, GSM and UMTS Networks made sales of $674m (+24%) and CDMA Networks revenues came in at $539m (+5%). Nortel' s 3Q05 gross margin was 38%, while 9-month gross margin was 41%,

For the nine first months in 2005, Nortel reported revenues of $8bn (+11%) and net loss of $109m, up 69%, Operating loss was $27m,

Nortel revenue breakdown is as follows: NA: 53%; EMEA: 26%; APAC:15%; CALA: 6%