A little something for the weekend!
GUANGDONG POST AND TELECOMMUNICATIONS AUTHORITY AWARDS US $32 MILLION SUPPLY AGREEMENT TO NEWBRIDGE NETWORKS
KANATA, Ont., Feb. 20 /CNW/ - Newbridge Networks today announced that it
has signed a US $32 million agreement with the Guangdong Post and
Telecommunications Authority (GPTA) for the supply of networking equipment for
the expansion and upgrade of the province's digital data network (DDN). The
agreement builds upon a multi-million dollar expansion announced in November
of 1996.
''This contract is further evidence of the strong ties Newbridge Networks
has forged in China and throughout the Central Pacific region,'' explained
Constantin Loudiadis, Executive Vice President and General Manager, Asia and
Pacific Region, Newbridge Networks. ''We look forward to continuing to work
with Guangdong PTA in developing its network and delivering a comprehensive
range of services to its customers.''
The network expansion and upgrade includes the initial deployment of
frame relay services based on the Newbridge platform. Network and service
management will be provided by the Siemens / Newbridge MainStreetXpress(TM)
48020 MultiNetwork Service Controller (MNSC). The MNSC will enable GPTA to
provide integrated service management of MainStreetXpress 46020 Network
Managers across multiple administrations operating in urban networks in cities
throughout Guangdong province.
Since 1992, Newbridge has installed networking equipment in some 150
public DDNs throughout the People's Republic of China. The Company installed
the first public DDN service in China in the City of Shanghai and continues to
service the National Public Digital Data Network backbone.
Newbridge Networks (http://www.newbridge.com) is a global leader in ATM,
frame relay and advanced private line networking systems, according to
independent research. The company designs, manufactures, markets and services
a comprehensive family of networking products and systems that delivers the
power of multimedia communications solutions to organizations in more than 100
countries throughout the world. Newbridge(R) products are the choice of an
expanding range of customers which includes the world's 200 largest
telecommunications service providers, and over 10,000 corporations and
government organisations. The company has facilities in Canada, the United
States, Latin America, Europe, the Middle East, Africa, Asia and Australia.
Newbridge Networks Corporation is a public company whose common shares
are listed on the New York Stock Exchange (NN) in the United States and on The
Toronto Stock Exchange (NNC) in Canada. |
