LMDS CONTRACT!!! NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS
FOR: NEWBRIDGE NETWORKS CORPORATION
TSE SYMBOL: NNC
NYSE SYMBOL: NN
JUNE 22, 1999
Telenordia Selects Newbridge Networks LMDS Solution:
Newbridge Wins Key Account in the Nordic Region;
Industry-Leading Broadband Wireless Solution Enables
Telenordia to Penetrate Emerging Markets
MAIDENHEAD, U.K.--Broadband wireless industry leader Newbridge
Networks (NYSE: NN ; TSE: NNC) today announced that it has been
selected by Telenordia for the implementation of a local
multipoint distribution service (LMDS) trial network. After
successful trials deployment of services is scheduled to commence
this month, with full deployment throughout Sweden the beginning
of 2000, or as soon as Telenordia is granted a LMDS license.
Telenordia, based in Sweden, is a full service new generation
service provider operating within Sweden and Finland.
Telenordia, already an important Newbridge(r) customer, has a
nation-wide broadband, multiservice network -- based on the
industry-leading MainStreetXpress(tm) 36170 Multiservices Switch.
LMDS is a high frequency broadband wireless system operating in
the 28 GHz spectrum. The Newbridge LMDS solution will enable
Telenordia to increase its competitiveness, expand its customer
base and differentiate its service offerings by cost-effectively
delivering data, Internet, voice, video and multimedia services
using a statistically multiplexed point-to-multipoint distribution
systems for maximum spectral efficiency. Newbridge will also
provide Telenordia with a comprehensive professional services
portfolio that delivers product management and customer site
support right through the equipment installation and service
deployment process.
"After extensively researching the vendor community, we selected
the Newbridge solution because they deliver both the technology
and business and technical support necessary to enable us to
capitalize on the market for premium quality broadband wireless
service applications," said Tord Topsholm, LMDS project manager,
Telenordia. "The Newbridge multiservice platform and end-to-end
network and service management capabilities ensure that we no
longer need to rely on the incumbent operator for 'first-mile'
access, providing us with superior control over the quality of our
service portfolio."
"Newbridge understands that successful LMDS network deployments
demand a partnership between the service provider and the
equipment manufacturer," said Pearse Flynn, executive vice
president and general manager, Europe, Middle East and Africa,
Newbridge Networks. "We are working closely with Telenordia to
ensure that its LMDS network provides the flexibility and
scalability to move quickly on revenue-generating market
opportunities."
Recent research from leading market research firms points to an
explosive market opportunity:
- According to leading market research firm Strategis, the global
broadband wireless market will generate revenues of more than US
$10 billion by 2003 and US $28 billion by 2008;
- The Pioneer Group forcasts that the LMDS services market in the
United States alone will grow from US $103 million in 1998 to
nearly US $8.5 billion in 2007, representing a compound annual
growth rate of 63 percent;
- Frost & Sullivan's April 1999 projection for LMDS service in the
next three years is approximately triple that of Pioneer Group.
The comprehensive Newbridge broadband wireless solution for LMDS
is a multiservice network comprising base station and customer
premise equipment. A base station, consisting of the
industry-leading MainStreetXpress 36170 Multiservices Switches
along with point-to-multipoint transmitters and receivers, is the
central location that collects all traffic to and from customers
within a given wireless coverage area. It is also the linking
point between the customer and the network backbone. Customer
premise equipment includes transceivers and network interface
units (NIUs), which support a full range of services. The
MainStreetXpress 46020 Network Manager manages both the wireless
and wireline portions of the Telenordia network, providing
billing, statistics and maintenance support. The solution uses
time division multiple access (TDMA) technology to enable service
providers to effectively share bandwidth among a number of users,
promoting the efficient use of spectrum and enabling service
providers to cost-effectively address a large variety of customer
requirements. TDMA is optimal for both variable rate connections
-- where potentially hundreds of Ethernet or other bursty traffic
users can share bandwidth up to wire speeds -- and fixed data rate
connections. Frequency division multiple access (FDMA), also
supported by the Newbridge LMDS solution to provide end users with
dedicated high bandwidth connections.
Telenordia is one of Sweden's leading communication companies. The
company is owned equally by BT (British Telecom), Tele Danmark and
Telenor. Telenordia offer both private customers, and companies, a
complete range of service within telephony, Internet and Data
communications. Telenordia's customers includes both companies and
individual users. From a large number of top exchange-listed
companies, and a wide range of smaller Swedish companies, to
several hundreds of thousands of individual Internet subscribers.
IKEA, SKF, AstraZeneca, ICL and Microsoft are some of the major
companies that have chosen Telenordia to be their working partner.
In addition, we count many of Sweden's municipalities and country
councils among our customers. Telenordia employees about 550
people and has a subsidiary in Finland that provides global
services to the Finnish business market.
Newbridge Networks designs, manufactures, markets and services
wide area networking solutions for Internet service providers;
local, long-distance, and wireless communications companies; cable
television carriers; and enterprise customers in more than 100
countries. The Company leverages its relationship with more than
20 Newbridge Affiliate companies and strategic alliances with
numerous other networking companies to deliver complete,
end-to-end solutions. Newbridge customers include the world's 350
largest telecommunications service providers and more than 10,000
corporations, government organizations and other institutions.
Founded in 1986, the Company employs more than 6,000 people on six
continents. News and information are available at
www.newbridge.com.
Newbridge and logo are registered trademarks of Newbridge Networks
Corporation. |
