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Grey Interactive has won the online advertising account of Nortel Networks Corp., sources said last week.
New York-based Grey beat out several contenders in a quietly held review for the estimated $5 million account. The competition included Nortel’s agency of record, Temerlin McClain in Irving, Texas, and IXL Technologies of Atlanta.
Executives at Nortel could not be reached for comment at press time late last week.
Nortel is the second-largest maker of telecommunications products in North America.
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