09:46 AM EST - Nortel Networks Corporation : has widened its first-quarter loss to US$138 million from US$103 million a year ago on restructuring costs, foreign exchange rates and a patent lawsuit settlement. Revenue rose 11 percent to US$2.76 billion, up from US$2.48 billion, boosted by deferred sales associated with a contract in an LG-Nortel joint venture. Nortel Networks Corporation
shares T.NT are trading up 41 cents at $9.28.
