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Technology Stocks : Nortel Networks (NT)

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To: Winston A. Chin who wrote (82)5/12/1997 6:12:00 PM
From: James Chan   of 14638
 
Winston, thanks for the products introduction. Here is a piece of good news:

Qwest Communication to purchase $US150m of fibre optic equipment

Northern Telecom Ltd NTL
Shares issued 258,721,405 May 9 close $107.75
Mon 12 May 97 News Release
Mr Ian Craig reports
Qwest Communications has agreed to purchase up to $US150 million of
Nortel's advanced fiber optic transmission equipment to create the nation's
first coast-to-coast, all OC-192 network. When it becomes fully
operational, currently scheduled for late 1998, Nortel's equipment will
provide Qwest's 13,000 mile network with extensive bandwidth capacity to
transmit video, voice and data across the country at light speed.
This purchase agreement is the largest single order to date of Nortel's
TransportNode OC-192 Sonet survivable four-fibre ring platform. Nortel's
OC-192 provides a minimum of 10 gigabits per second transmission capacity
which allows transmission of 10 billion bits per second. A Nortel OC-192
network, if maximized for two terabit per second transmission over 24 fibre
pairs, could deliver from coast-to-coast the entire literary contents of
the Library of Congress in 20 seconds.
OC-192 is the new standard for the 21st Century. Because of the bandwidth
needs of Internet and multi-media services, high-capacity networks are now
a critical part of society's infrastructure. Nortel's OC-192 platform will
provide Qwest with an end-to-end solution to meet these ever-increasing
capacity demands.
Nortel leads the worldwide market in the deployment of high-capacity
networks and is the only manufacturer to have shipped OC-192 systems in
volume for commercial use. The Qwest contract includes Nortel's OC-192
systems plus Nortel's Multi-Wavelength Optical Repeater (MOR) Systems to
amplify the fibre optic signals and provide bi-directional, multiple
wavelength transmission. Nortel's OC-192 transmission equipment can deliver
as much as 80 gbps using wavelength division multiplexing technology which
sends multiple lightwaves down a single strand of optical fibre.
To manage Qwest's advanced network, Nortel will provide Integrated Network
Management (INM) solutions, including innovative optical layer network
management. One key feature of Nortel's INM platform is that it will allow
Qwest's customers to self-manage their virtual private networks.
A major advantage of Nortel's OC-192 platform is forward error correction
technology, whereby the system self-corrects transmission errors before the
communication reaches its destination, delivering an industry-leading data
integrity level of 10 exponent -15 bit error rate.
This equates to fewer than one incorrect bit in every quadrillion bits, or
one million billion bits.
Denver-based Qwest Communications is a facilities-based provider of
communications services to businesses, consumers and other carriers. Qwest
constructs and installs fibre optic communications systems for itself and
other providers. Qwest is constructing its own approximately 13,000 route
mile technologically advanced, coast-to-coast fibre optic network.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
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