NT contract is part of old August announcement by ATT of going to multivendor strategy. The loser was ERICY. This is old news. If wallstreet reacted to it. It is full of Stupid people.
Story 3793 DJNortel Networks/AT&T -2: First Announced In August >NT T SEATTLE (Dow Jones)--Nortel Networks Corp. (NT) said it has entered into a wireless network equipment and services supply agreement with AT&T Corp. (T) that could be worth $600 million over three years. In a news release, Nortel said the agreement is part of a multi-vendor strategy announced by AT&T in August. Nortel Networks is expected to supply TDMA IS-136 wireless equipment and services in Arizona, California, Nevada, Oregon and Washington. AT&T is a telecommunications services and technology company. Nortel Networks, Brampton, Ont., is a networks-communications company. -Judy McKinnon, Dow Jones Newswires; 416-306-2100 (END) DOW JONES NEWS 12-10-99 02:35 PM Additional Codes (BCE.Y-T, BCE.S-R, NT, NTL-R, NTL-T, NTL-V, NTL.F-R, NTL.F-T, NTL.G-R, NTL.G-T, ATAT-D, T, LMG'A, LMG'B, NT-T, I/CMT, I/LDS, I/RTL, I/TEL, I/TLS, N/DJN, N/DJWI, N/CTC, N/WEI, M/MMR, M/TEC, M/UTI, P/DCA, P/DTE, R/CN, R/NME, R/NY, R/ONT, R/QBC, R/US, R/USE) |