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Technology Stocks : Nortel Networks (NT)

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To: hari t who started this subject3/22/2004 8:32:59 AM
From: Neil H  Read Replies (1) of 14638
 
Reuters
Nortel wins $167 mln Verizon Wireless contract
Monday March 22, 8:18 am ET

TORONTO, March 22 (Reuters) - Nortel Networks Corp. (Toronto:NT.TO - News; NYSE:NT - News) said on Monday it signed a two-year deal worth $167 million to provide Verizon Wireless with equipment to support its new high-speed wireless Internet service.
The contract includes the upgrade of existing base stations and new base stations, modules, and other services. Verizon Wireless is owned by Verizon Communications (NYSE:VZ - News) and Vodafone Group Plc (London:VOD.L - News).
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