Signs-a-changin’ at the Nortel Campus

Some rebranding has begun at Nortel’s Carling Avenue campus as Sweedish telecom firm Ericsson officially moved into the portion of the building it now owns yesterday.

The event was marked with new signage and a party for the Ottawa employees of Nortel’s former wireless division who have retained their jobs.

Operating under backruptcy protection since January, the former Canadian telecom giant has been holding a firesale, auctioning off the business piece by piece with Ericsson winning the wireless division with a bid of $1.13 billion.

In the change-over, 2500 Nortel employees have been moved to the new payroll, including 900 in Ottawa.

A brief video the festivities can be viewed on the The Ottawa Citizen web site.