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Technology Stocks : Nortel Networks (NT)

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To: hari t who wrote ()5/26/2000 3:38:00 PM
From: Paul Lee  Read Replies (2) of 14638
 
Dell'Oro Again Ranks Nortel Networks No. 1 in Optical Internet Solutions

Nortel Networks Advances Optical Leadership Position

ATLANTA, May 26 /PRNewswire/ Nortel Networks (NYSE/TSE: NT) has once again been confirmed as the global market leader in delivering high-performance optical solutions by the latest figures released from the Dell'Oro Group, an independent research and consulting firm. Dell'Oro's worldwide market data for the first quarter 2000 US$5.2 billion Dense-Wavelength Division Multiplexing (D-WDM) and SONET/SDH optical networking market demonstrate Nortel Networks' continued momentum in both key segments of the Optical Internet.

For the first quarter of 2000, Nortel Networks again led the competition and took the number one position with a global market share of more than 36 percent for D-WDM and SONET/SDH Optical Internet solutions.

According to Dell'Oro, Nortel Networks captured 45.5 percent of the first quarter 2000 US$1.5 billion D-WDM market. Dell'Oro's figures confirm Nortel Networks' leadership in the burgeoning D-WDM metro arena with a dynamic 71.1 percent share of the market. In delivering long-haul solutions, Nortel Networks further extends its leadership by securing 44.6 percent in market share.

In the SONET/SDH market, Nortel Networks was again number one in the first quarter 2000 US$3.68 billion market with 33.3 percent, doubling the market share of the closest competitor.

Dell'Oro's market data validate Nortel Networks' optical strategy, and reinforce what service providers have already recognized - that our Optical Internet solutions are simply unbeatable in terms of speed, capacity, performance, reliability and economics,` said Don Smith, president, Optical Internet, Nortel Networks.

This is the second affirmation by the Dell'Oro Group of Nortel Networks' global leadership in delivering the high-performance Optical Internet. In March 2000, Dell'Oro announced that Nortel Networks took the number one position with a global market share of 30 percent for D-WDM and SONET/SDH Optical Internet solutions for 1999.

Nortel Networks is setting the pace for the industry with market-leading optical systems and component technology, a powerful next-generation portfolio, and complete customer fulfillment from service and network planning to deployment, management, and support on a global basis.

More than 16 million lambda miles of Nortel Networks' D-WDM systems have been installed across the globe, which is the equivalent of 25 round trips to the moon.

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.
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