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July 29, 1999 4:25 AM PDT

Nortel plans to split its stock 2 for 1

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Level 3 choses Nortel for equipment contract

July 28, 1999

North America's No. 2 phone equipment maker says it will split its stock 2 for 1 after both its Canadian and U.S. shares rose by more than 70 percent this year.

The story "Nortel plans to split its stock 2 for 1" published July 29, 1999 at 4:25 AM is no longer available on CNET News.

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