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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: Bosco who wrote (3210)	8/18/1999 1:02:00 PM
From: Bosco	Read Replies (2) \| Respond to of 14638

[repost for Ken using Classic SI] To: Bosco From: Kenneth E. Phillipps Wednesday, Aug 18 1999 11:47AM ET Bosco - I am unable to post - keep getting error message. Can you post this item? Ken Nortel is the sole manufacturer capable of offering a next generation switching solution lending itself to integration into existing equipment manufactured by other producers than Nortel Telrad, Nortel Drawing Up Proposal for Upgrading Bezeq?s Public Switching System globes.co.il. Tuesday , Aug 17, 1999 Sun-Thu at 18:00 (GMT+2) Headlines Telrad, Nortel Drawing Up Proposal for Upgrading Bezeq?s Public Switching System By Efi Landau Telrad and Nortel are currently drawing up a detailed proposal for upgrading Bezeq?s public switching system, which is currently based on digital narrow-band communications, to a broadband IP-based system. The proposal is based on Nortel?s next generation switching system, called "Succession", which upgrades existing networks, while conserving existing investment, into broadband IP-based ones. According to Bill Jewel, a member of Telrad board of directors, vice president of Nortel, and the manager of the company?s next generation operations in Europe, Africa, and the Middle East, Bezeq may save about 70% in cost, compared with the establishment of a new IP system. Jewel maintains that an upgraded system saves 50% of operating costs. Jewel asserts that today Nortel is the sole manufacturer capable of offering a next generation switching solution lending itself to integration into existing equipment manufactured by other producers than Nortel. For this reason, the solution Telrad will offer Bezeq also applies to switches manufactured by Alcatel, which Bezeq uses alongside Telrad?s switches. According to Jewel, upgrading Bezeq?s entire network may take less than a year. Bezeq engineering division manager Paul Weissbach confirmed that Telrad was drawing up such a proposal, but added that Telrad was doing so on its own initiative, and that Bezeq had not yet decided to upgrade its network, although it was clear that this was inevitable. Published by Israel's Business Arena August 16, 1999