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Wednesday, January 15, 2003 8:23:56 AM
RELATED SYMBOLS: (NT)
Taipei, Taiwan, Jan 15, 2003 (M2 PRESSWIRE via COMTEX) -- Nortel Networks
[NYSE/TSX: NT] has been selected by Asia Pacific Broadband Wireless (APBW), a
new third-generation (3G) operator, to build what is expected to be Taiwan's
first CDMA2000 1X and 1xEV-DO digital wireless voice and data network, using
Nortel Networks Univity* Wireless Data Network solutions.
Nortel Networks is the major infrastructure supplier for APBW's 3G CDMA network,
providing the entire radio, access and core packet network, which will enable
higher capacity and throughput. Deployment of a complete 3G radio access and
core packet network for APBW is already in progress.
"Our objective is to firmly establish APBW as a mobile, high-speed data leader
in Taiwan's 3G market," said Chung-ming An, chief executive officer, Asia
Pacific Broadband Wireless. "We believe that CDMA2000 1xEV-DO will enable us to
deliver leading wireless data services and applications that Taiwan mobile users
demand. We selected Nortel Networks as our sole supplier because of their CDMA
leadership and expertise."
Under the terms of the contract, Nortel Networks CDMA2000 1X solution for APBW
includes:
-- Nortel Networks Univity CDMA Metro Cell radio base station equipped for
1xEV-DO;
-- 1xEV-DO Univity Radio Network Controller and Element Management System;
-- Univity CDMA Packet Data Service Node;
-- Nortel Networks Passport* 8600 Routing Switch;
-- Passport 7000 Mulitservice Switch;
-- and related infrastructure.
Nortel Networks Univity solutions support CDMA2000 1X and 1xEV-DO services from
the same base station. This will position APBW to drive reduced capital and
operating expenses. Univity solutions will also position APBW to generate new
revenues through multimedia services like video and audio streaming and
interactive gaming at peak data rates up to 2.4 megabits per second.
"We are honored to be working with APBW in deploying its 3G network in Taiwan,"
said Jackson Wu, managing director, Nortel Networks Taiwan. "We believe the
launch of 3G networks will bring Taiwan's wireless data services into a new era
of multimedia broadband. Consumers will be able to enjoy wireless multimedia,
streaming video and real-time, on-line TV news. As a global leader in 3G
wireless solutions, Nortel Networks is proud to be the technology enabler for
these exciting 3G services."
Nortel Networks has designed, installed and launched CDMA networks for 60
operators in 15 countries.
Nortel Networks is currently deploying CDMA2000 1X with leading customers around
the world. In Asia, the company recently announced a series of contracts
collectively valued at approximately US$280 million to supply China Unicom with
CDMA2000 1X digital wireless network infrastructure equipment.
Nortel Networks is the world's only supplier with Wireless Data Networks in
service in all three advanced technologies - GPRS, CDMA2000 and UMTS. Nortel
Networks is an industry leader and innovator focused on transforming how the
world communicates and exchanges information. The Company is supplying its
service provider and enterprise customers with communications technology and
infrastructure to enable value-added IP data, voice and multimedia services
spanning Wireless Networks, Wireline Networks, Enterprise Networks, and Optical
Networks. As a global company, Nortel Networks does business in more than 150
countries.
More information about Nortel Networks can be found on the Web 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 severity and duration of the industry adjustment; the
sufficiency of our restructuring activities, including the potential for higher
actual costs to be incurred in connection with restructuring actions compared to
the estimated costs of such actions; fluctuations in operating results and
general industry, economic and market conditions and growth rates; the ability
to recruit and retain qualified employees; fluctuations in cash flow, the level
of outstanding debt and debt ratings; the ability to meet financial covenants
contained in our credit agreements; the ability to make acquisitions and/or
integrate the operations and technologies of acquired businesses in an effective
manner; the impact of rapid technological and market change; the impact of price
and product competition; international growth and global economic conditions,
particularly in emerging markets and including interest rate and currency
exchange rate fluctuations; the impact of rationalization in the
telecommunications industry; the dependence on new product development; the
uncertainties of the Internet; the impact of the credit risks of our customers
and the impact of increased provision of customer financing and commitments;
stock market volatility; the entrance into an increased number of supply,
turnkey, and outsourcing contracts which contain delivery, installation, and
performance provisions, which, if not met, could result in the payment of
substantial penalties or liquidated damages; the ability to obtain timely,
adequate and reasonably priced component parts from suppliers and internal
manufacturing capacity; the future success of our strategic alliances; and the
adverse resolution of litigation. 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. Unless otherwise
required by applicable securities laws, 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, Univity and Passport
are trademarks of Nortel Networks.
CONTACT: Jane Lu, Nortel Networks Tel: +1 886 2 2366 7815 e-mail:
janelu@nortelnetworks.com Jay Barta, Nortel Networks Tel: +1 972 685 2381
e-mail: jbarta@nortelnetworks.com
M2 Communications Ltd disclaims all liability for information provided within M2
PressWIRE. Data supplied by named party/parties. Further information on M2
PressWIRE can be obtained at http://www.presswire.net on the world wide web.
Inquiries to info@m2.com.
(C)1994-2003 M2 COMMUNICATIONS LTD
-0-
(Wall Street)
Daniel Nieves
Daniel Nieves
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