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To: LindyBill who wrote (33823)	7/1/1999 1:02:00 PM
From: Ruffian	Respond to of 152472

Nortel $600 Mill Cdma> July 1, 1999 Dow Jones Newswires Nortel Confirms IP Networking Pact From Telstra MELBOURNE -- Nortel Networks Corp. (NT) confirmed it has received a contract to provide advanced Internet Protocol, or IP, networking solutions as well as support services to Telstra Corp. (TLS). In a news release, Nortel said these solutions and services are estimated to be worth between $100 million and $200 million and cover components of Telstra's Data Mode of Operation project. The company said it's also building a national CDMA wireless network in Australia for Telstra, announced in 1998, and is involved in trials of high-speed wireless Internet services for Telstra. Nortel said its overall business with Telstra is estimated to potentially be worth up to $650 million over five years. Telstra is a telecommunications company. Nortel Networks, Bampton, Ont., is a communications-networking company.