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Technology Stocks : Nortel Networks (NT)

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To: hari t who started this subject2/28/2001 9:48:31 AM
From: Kenneth E. Phillipps  Read Replies (1) of 14638
 
Nortel Networks Remains No. 1
in Value-Added IP Services Market, Synergy Research Says

BOSTON--(BUSINESS WIRE)--Feb. 28, 2001--Nortel Networks (NYSE:NT - news; TSE:NT. - news) remains the clear leader in the global market for value-added IP (Internet Protocol) services with a market share of 51 percent for the fourth quarter of 2000, according to the latest figures from Synergy Research Group, a leading market research firm.

Nortel Networks Shasta 5000 Broadband Services Node (BSN), a key component of Nortel Networks recently-announced Personal Internet initiative, enables service providers to offer their business and residential customers a range of network-based, value-added IP Services, including Virtual Private Networks (VPNs), managed firewalls and personal content portals.

``It's no longer enough for service providers to provide only high-speed Internet access,'' said Jeremy Duke, founder and principal analyst, Synergy Research Group. ``In the highly competitive market for Internet and packet-based services, service providers increasingly need to differentiate themselves as well as address new revenue opportunities like the delivery of value-added services designed and customized specifically for their customers. Nortel Networks Shasta 5000 Broadband Service Node provides a cornerstone for such services to be enabled over a carrier's existing infrastructure.''

Nortel Networks Shasta 5000 BSN is designed to power the subscriber edge of the network, where 'first mile' technologies like DSL meet the Internet backbone and where broadband subscribers meet broadband services and content. Shasta 5000 BSN provides a universal aggregation point with capability to support wholesale dial, DSL, fixed and mobile wireless, metro optical and Ethernet extension, ATM/Frame Relay, and leased line subscribers.
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