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Nortel Networks Installs World`s First Commercial 3GPP UMTS Equipment for Airtel MADRID, Spain--(BUSINESS WIRE)-- Jan. 23, 2001--Nortel Networks (NYSE:NT)(TSE:NT.) has installed for Airtel Movil SA in Spain the world`s first commercial radio equipment based on the international Third Generation Partnership Project (3GPP) Universal Mobile Telecommunications System (UMTS) standard, further demonstrating Nortel Networks leadership position in building the high-performance Wireless Internet. Nortel Networks is the first company to deliver commercial 3G equipment for a public nationwide UMTS network. This time-to-market advantage is positioning Spain to be the first major country in Europe to offer UMTS-based national Wireless Internet services. Airtel has already deployed UMTS radio base station equipment in Madrid, Barcelona, Valencia and Seville, and plans to launch commercial 3G services in August 2001 in 23 cities, expecting to reach at least 25 percent of Spain`s population. "Our customers are asking us to help position them for a profitable future," said Frank Plastina, president, Wireless Internet, Nortel Networks. "We are a leader in the global race to win 3G contracts, and are proving our ability to deliver time to market advantage, giving operators the chance to realize early business advantages." Nortel Networks was selected by Airtel last September as primary supplier to provide the initial phase of its UMTS network in an agreement estimated to be worth US$100 million over 12 months. Nortel Networks has announced UMTS awards estimated to be worth more than US$2.1 billion, including BT Cellnet and One 2 One in the United Kingdom, T-Mobile in Germany, max.mobile in Austria, Airtel and Xfera in Spain, and AT&T Wireless in the United States. The first phase of Airtel`s UMTS network features a fully integrated, end-to-end Wireless Internet solution, including Nortel Networks e-mobility Internet Base Transceiver Stations (BTS). Nortel Networks solutions for building the high-performance Wireless Internet are driven by its `Wings of Light` strategy, which combines optical, wireless and IP (Internet Protocol) solutions to help operators provide highly-reliable, high-speed access to broadband Internet services virtually `anytime, anywhere.` The 3GPP standard is intended to ensure that future regional standards will be open, consistent and compatible, allowing for unrestricted roaming and portability. Nortel Networks is a global Internet and communications leader with capabilities spanning Optical, Wireless, Local Internet and eBusiness. The Company had 2000 U.S. GAAP revenues of US$30.3 billion and serves carrier, service provider and enterprise customers globally. Today, Nortel Networks is creating a high-performance Internet that is more reliable and faster than ever before. It is redefining the economics and quality of networking and the Internet, promising a new era of collaboration, communications and commerce. Visit us at www.nortelnetworks.com. Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price and product competition; the dependence on new product development; the impact of rapid technological and market change; the ability of Nortel Networks to make acquisitions and/or integrate the operations and technologies of acquired businesses in an effective manner; general industry and market conditions and growth rates; international growth and global economic conditions, particularly in emerging markets and including interest rate and currency exchange rate fluctuations; the impact of consolidations in the telecommunications industry, the uncertainties of the Internet; stock market volatility; the ability of Nortel Networks to recruit and retain qualified employees; the ability to obtain timely, adequate and reasonably priced component parts from suppliers and internal manufacturing capacity; and the impact of increased provision of customer financing by Nortel Networks. For additional information with respect to certain of these and other factors, see the reports filed by Nortel Networks with the United States Securities and Exchange Commission. Nortel Networks disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Nortel Networks, the Nortel Networks logo, the Globemark and e-mobility are trademarks of Nortel Networks. CONTACT: Nortel Networks Beatrice Germain, +33 1 39 44 40 28 germainb@nortelnetworks.com or Susan Kwon, 972/684-5701 skwon@nortelnteworks.com |
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| aus der Diskussion: | Nortel |
| Autor (Datum des Eintrages): | mausito (23.01.01 14:57:20) |
| Beitrag: | 128 von 200 (ID:2753624) |
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