There's been plenty o' Nortel coverage but this story is the absolute best -
and most entertaining - I've seen in ages. Read and enjoy:

Nov. 23 (Bloomberg) - Nortel Networks Corp. board member John Manley said he's "very optimistic" that the telephone- equipment maker will file arestatement of its financial reports within the 30 to 60 day deadline itset on Nov. 11.
The reports that will be prepared for filing by Brampton, Ontario-based Nortel are more than 2,000 pages with over 8,000 numbers, Manley, who joined Nortel's board in May, said in an interview.
"People can't work any harder than they are," said Manley, a former deputy prime minister of Canada. "The limiting factor is there's a lot of numbers. Everything has to be right this time. We can't revise them again."
And to think that Manley was Canada's Finance Minister. Makes you think that perhaps the federal government's accounting system is much less complicated than Nortel's.

Ericsson Canada did a survey recently that suggests 63% of Canadians between
the ages of 15 and 69 have a wireless phone. The company got this number by
interviewing 2,000 people.
What's troubling about it is Ericsson's decision to ignore widely-accepted
industry standards when it comes to wireless penetration. If it had gone
that route, the real penetration rate would have been about 46%.
So what's Ericsson thinking? Why are they trying to pull a fast one over on
everyone? Are they simply trying to get some media attention? Are they
trying to convince the federal government the wireless industry in Canada is
healthy, and allowing the Rogers-Microcell acquisition will not harm
competition?
Regardless of Ericsson's motives, it has been a successful PR exercise given
the fawning coverage in today's Globe and Mail, and widespread radio spots.
The problem, however, is Ericsson is manipulating data to serve its own
purposes. They are producing misleading information, and that's just wrong.