To: SMALL FRY who wrote (72246 ) 11/18/1999 1:32:00 PM From: Northern Cougar Read Replies (2) | Respond to of 120523
NT up +3 today and more good news.. news>>>NORTEL NETWORKS EXTENDS GLOBAL LEADERSHIP IN OPTICAL INTERNET RANKS NO. 1 GLOBALLY IN DWDM AND SONET/SDH OPTICAL SOLUTIONS IN 1999 BRAMPTON, ON, Nov 18, 1999 /PRNewswire via COMTEX/ -- Nortel Networks (NYSE/TSE: NT) expanded its Optical Internet leadership position in 1999 according to the latest figures released by RHK (Ryan Hankin Kent), a leading independent market research and consulting firm. The company ranked No. 1 globally in the US$19.4 billion market for Dense-Wavelength Division Multiplexing (D-WDM) and SONET/SDH Optical Internet solutions with market shares of 32% and 26% respectively, representing significant gains over its competitors. ``We are thrilled with the Optical Internet market share gains we've made this year,' said Clarence Chandran, President, Carrier and Service Provider Solutions. ``We're growing our optical business at triple digit rates and tripling our production capacity next year to meet global customer demand for bandwidth being fueled by the Internet revolution and the growth in eBusiness.' Optical Market Share Gains -------------------------- RHK released the following market share results for Nortel Networks at the STARTRAX 99 conference: - No. 1 global leader in D-WDM and SONET/SDH optical solutions with market shares of 32% and 26% respectively. - No. 1 in D-WDM systems in North America with 37% market share, a gain of 8 percentage points since 1998. - No. 1 in SONET systems in North America with a 41% market share, a gain of 7 percentage points since 1998. ``This year, Nortel Networks reinforced its leading D-WDM and SONET/SDH market positions in North America, while strengthening its position in the rest of the world,' said Voltaire Cacal, Senior Analyst at RHK. ``This has allowed Nortel Networks to become the global market share leader in terrestrial optical systems. The company also continues to secure its position in 10 Gigabit per second systems and other high capacity transport.' Nortel Networks is setting the pace for the industry in terms of state of the art optical systems and component technology, a powerful next generation portfolio, and the skill to rapidly deploy and service high performance optical systems around the globe. Recently, Nortel Networks announced that it is investing US$400 million in its booming optical networking and components business to triple production capacity in 2000. This is in addition to the doubling of production capacity already this year. The company also unveiled two major breakthrough technologies since September: - OPTera Packet Solution which will unify packet and optical networks and enable terabit speed optical switching and routing capabilities to overcome Internet traffic congestion. - The world's first system to deliver 6.4 terabits per second on a single fiber as demonstrated at Telecom 99. Nortel Networks is building 32 out of the 40 national and pan-European optical networks announced over the past two years. These networks are the foundation for the high performance Internet that will deliver increased speed, reliability, quality, profitability, and new economics. RHK (Ryan Hankin Kent, Inc.) is a leading market research and consulting firm specializing in the analysis of advanced technologies for the public telecommunications network. The company provides subscription services and custom consulting to technology vendors, service providers and the investment community on North American and European markets. RHK is based in South San Francisco, California. For more information, visit the company's Web site at www.rhk.com. Nortel Networks is a global leader in telephony, data, wireless and wireline solutions for the Internet. The Company had 1998 revenues of US$17.6 billion and serves carrier, service provider and enterprise customers globally. Today, Nortel Networks is creating a high-performance Internet that is more reliable and faster than ever before. It is redefining the economics and quality of networking and the Internet through Unified Networks that promise a new era of collaboration, communications and commerce. Visit us at www.nortelnetworks.com. I wouldn't be surprised to see a split anouncement coming out soon (December is year end quarter) :)) N.C.