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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.09+1.8%Nov 28 9:30 AM EST

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To: DaveMG who wrote (32973)6/24/1999 9:54:00 AM
From: gdichaz  Read Replies (1) of 152472
 
After AT&T, Bell South is a major non CDMA player as of now. Is my memory correct that Bell South has zero CDMA worldwide at present?

This covers wire and wireless of course and represents another sign of NT's fiberoptic prowess.

Re wireless, NT is a major supplier of all flavors now and is working on both CDMA2000 and WCDMA for the 3rd gen. So Bell South will have flexibility to choose.

Will be interesting to see direction Bell South goes in wireless data and what flavor of CDMA is chosen for 3rd gen.

Talk : Communications : Nortel Networks (NT)

To: Kenneth E. Phillipps (2934 )
From: Paul Lee Thursday, Jun 24 1999 8:00AM ET
Reply # of 2935

Multi-Billion (with a B) deal

BellSouth and Nortel Networks Sign MOU for Long-Term Global Supply Agreement

ATLANTA, June 24 /PRNewswire/ -- Nortel Networks* (NYSE: NT; Toronto) and
BellSouth Corporation (NYSE: BLS) have signed a Memorandum of Understanding
(MOU) regarding a comprehensive long-term global supply agreement that makes
Nortel Networks' communications equipment, software and services available to
BellSouth at aggressive, competitive pricing. The agreement is intended to
cover BellSouth Corporation's affiliated companies in the U.S. and abroad.
The global purchase agreement is scheduled to be in place on or before
July 31.

The anticipated multi-billion dollar purchase agreement would allow
BellSouth to continue to efficiently invest in new technology, much of which
is focused on wireless, data, and IP services in the U.S. and abroad. It
continues BellSouth's strategy of consolidating its purchasing across all
BellSouth entities, generating volume-based savings and reducing its total
number of vendors.

"Nortel Networks has a portfolio of solutions -- wireless and wireline,
data and voice -- that will take BellSouth's customers into the next century,"
said Sid Boren, BellSouth Corporation's executive vice president. "This
agreement demonstrates the strategic value of our relationship with Nortel
Networks."

"This agreement will give BellSouth the freedom and flexibility to select
from among Nortel Networks' most advanced data solutions," said Ian Craig,
president, Carrier Solutions, Nortel Networks. "By being able to bring to the
market wireless Internet, Internet telephony, and optical Internet and
Intranet services, BellSouth can enhance its competitive advantage."

More than six million of BellSouth's residential and business lines are
served from Nortel Network's equipment. In addition, two of the world's
fastest growing cellular networks, BCP in Brazil and CellCom in Israel, are
BellSouth affiliated properties that use Nortel Networks' wireless solutions.
In total, more than 3 million of BellSouth's cellular subscribers received
advanced mobile services from Nortel Networks equipment. BellSouth also
distributes Nortel Networks' Meridian PBX products to corporate customers and
will add Nortel's advanced data solutions to its portfolio.

"Nortel Networks" switching and other network equipment are critical
components of our regionwide wired systems," said Elton King, BellSouth
Telecommunications Group President -- Network Carrier & Services. "We are
constantly upgrading our networks, and this agreement will give us the
opportunity to continue to select from the advanced equipment offerings Nortel
has developed."
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