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Technology Stocks : Nortel Networks (NT)

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To: Kenneth E. Phillipps who wrote (9141)12/29/2000 7:42:47 AM
From: Bosco  Read Replies (1) of 14638
 
Hi Ken & all - from CBS Market Watch

Internet Daily Asia

Nortel Networks wins KDDI contract
Vietnam set to get its first venture capital fund

By Gail Nakada, CBS.MarketWatch.com
Last Update: 3:53 AM ET Dec 29, 2000
NewsWatch
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Nortel Networks (NT: news, msgs) has won out over the competition to
create a platform for KDDI to deliver high-speed Internet access,
multimedia services and IP-based VPNs (Virtual Private Networks)
across Japan.

Asia Pulse reports KDDI will deploy Japan's first domestic network
based on Nortel Networks OPTera Long Haul 1600 Optical Line
System, a multiservice, ultra-high capacity, 10-gigabit dense wavelength
division multiplexing [DWDM] solution. Nortel's system will allow KDDI
to consolidate the nationwide network created by the merger of carriers
DDI (DDIC: news, msgs), IDO and KDD in October of this year.
Financial details of the contract have not yet been released.

best, Bosco
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