Novus Telecom Selects Nortel Networks for Multi-Services Network
VANCOUVER, British Columbia, Feb. 9 /PRNewswire/ - Novus Telecom, Inc. (Novus) has selected Nortel Networks (NYSE: NT/TSE: NTL) to provide the design, engineering, and communications infrastructure for its multi-services telecommunications network serving major cities throughout Canada. Novus is a leading emerging integrated communications provider (ICP) of bundled voice, video, data, and cable television to the Canadian residential multiple dwelling unit (MDU) market.
Under this long-term supply agreement, which is valued for the first three years at approximately US$53 million (CDN$82 million) and is subject to vendor financing, Novus will deploy Nortel Networks' DMS-500 multi-services switching platform, the Universal Edge 9000, integrated with the AccessNode product family, and professional consulting resources to deliver bundled telephone and Internet services to its residential customers in Toronto, Vancouver, Montreal, and Ottawa, Canada. Initial service rollout is scheduled for Vancouver during the first quarter of this year, with remaining network implementation slated for completion by year-end.
We elected to work with Nortel Networks for several key reasons. They offer a complete line of first-class network equipment, were able to demonstrate a solid understanding of our business, and are also providing an extensive range of operational support services that will help Novus meet our very aggressive deployment plans,'' said Ian Robertson, president and CEO, Novus.
We are delighted that Nortel Networks was selected to help launch such a promising venture in a growing market,'' said Ian Craig, president, Nortel Networks' Carrier Solutions. ''Our Unified Networks solution supports Novus' business case to offer bundled one-stop communication services to their multi-dwelling residential customers.''
Novus is an emerging facilities-based integrated communications provider of bundled voice, video and data services to the Canadian residential, high-density MDU marketplace. This year Novus will utilize advanced fiber optic and wireless networks to provide local and long distance telephone services, television, and Internet access services to residents of MDUs in the Vancouver, Toronto, Ottawa, and Montreal markets. The company has entered into letters of intent with building owners/managers representing approximately 71,700 multiple dwelling units. Novus has offices in Vancouver, Toronto, and Montreal. |
