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Technology Stocks : Nokia (NOK)
NOK 6.080+0.4%Nov 26 3:59 PM EST

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To: tero kuittinen who wrote (4944)5/22/2000 9:24:00 AM
From: slacker711  Read Replies (2) of 34857
 
I guess this should have been expected....but I was kind of hoping that Nokia might get it. If Orange is sold to an operator that doesnt have Nokia as a principal supplier....will they get shut out of the UK? Who is Hutchinson's principal GSM supplier?

BT Cellnet Selects Nortel Networks As Principal Supplier for 3G-UMTS Network
Source: Canada Newswire
Publication date: 2000-05-22

BT Cellnet & Nortel Networks Take First Mover Advantage in 3G Wireless
Internet Race

LONDON, May 22 /CNW/ - Nortel Networks (NYSE/TSE: NT) has been selected by BT Cellnet as the principal supplier to provide its nationwide UMTS (Universal Mobile Telecommunications System) network in the UK, subject to the execution of definitive agreements. The selection, gives Nortel Networks first mover advantage in the 3G Wireless Internet race and further enforces Nortel Networks global leadership position in Wireless Internet solutions.

BT Cellnet will deploy leading edge, cost-effective 3G wireless solutions based on Nortel Networks high performance Internet capabilities. Under the terms of the proposed contract Nortel Networks will be the principal supplier of the end-to-end UMTS network infrastructure (radio and core).

Peter Erskine, chief executive of BT Wireless, and managing director of BT Cellnet, commented: "BT Cellnet has established a clear lead in mobile data solutions in the UK and fully intends to continue this in the development of a new generation of services for our customers. We are moving at Internet speeds to begin the work on building a real network and developing applications.

"We will be re-writing the rules of the mobile Internet when we launch our 3G service and will require the best available partners, who share our commitment and vision of what 3G can bring our customers.

"We were particularly impressed by Nortel Networks commitment to deliver quickly and to work in a very collaborative way with us. Partnerships will be critical to making 3G a success, as BT Cellnet has proved in the delivery of existing mobile Internet services."

"This represents a major win in the strategically important UK market," said John Roth, president and chief executive officer, Nortel Networks. "By moving together at web speed, Nortel Networks and BT Cellnet will redefine mobility, making the high-performance Wireless Internet available anywhere, anytime."

"Nortel Networks is an Internet powerhouse in Europe," added John Roth. "Our high performance Internet solutions carry over 50% of Europe's Internet traffic and are backed by over 20,000 employees. We are a global leader in Wireless Internet and have first mover advantage in bringing IP capabilities to Wireless networks. Together, these capabilities will enable BT Cellnet to redefine the economics and end user experience of the Wireless Internet."

The end-to-end Nortel Networks UMTS solution consists of wide area cellular infrastructure (e-mobility iBTS - Internet Base Station), a unified packet IP core network (Passport, Contivity), network, applications and services management (Preside, Shasta) and turnkey network implementation services. Nortel Networks will also establish a UK-based 3G Wireless Internet services center and development team.

The UMTS network and applications will be managed using Nortel Networks Preside for Wireless Networks. The Preside portfolio of solutions enables seamless management of cross-domain networks, creating an environment for enabling new revenue generating services. Preside is a critical competitive differentiator for wireless network investments, capable of binding infrastructure to value-added services and applications.

The selection confirms Nortel Networks position as a global leader in Wireless Infrastructure and Internet, with Europe the most advanced and fastest growing wireless market in the world. Nortel Networks was ranked No. 1 in Wireless Infrastructure strategy by Herschel Shosteck Associates in April 2000 and No. 1 in Wireless Internet by the Yankee Group in 1999.

UMTS - the leading technology for third generation wireless networks - is designed to enable the provision of wireless multimedia services and applications at speeds ranging from 384 kbps for mobile and up to 2 Mbps for stationary applications. Business and consumer services such as e-commerce, real-time video, mobile portal access, and e-mail, are expected to be made possible with the advent of UMTS services as early as the end of 2001.

BT Cellnet is a wholly owned subsidiary of BT. Visit us at www.bt.com

Nortel Networks is a global leader in telephony, data, eBusiness, and wireless solutions for the Internet. The Company had 1999 U.S. GAAP revenues of US$21.3 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 through Unified Networks that promise 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; 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.

Publication date: 2000-05-22
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