July 10, 2006

Nortel gets agreement with Homeland Security...

The Department of Homeland Security chose Nortel Networks Corp.'s Government Solutions unit to provide management, acquisition and administrative services to the U.S. Citizenship and Immigration Service, Nortel said Monday.

The division was already giving strategic planning, financial and investment planning, pricing analysis, expense tracking, services acquisition, and other program management and administrative services to the agency under a one-year deal that started in June 2005.

The new agreement runs through next May.

Nortel shares added a penny to $2.25 in afternoon trading on the New York Stock Exchange.