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

To: Kenneth E. Phillipps who wrote (5174)	3/27/2000 2:29:00 PM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 14638

( BW)(BELL-CANADA)(BC.) Bell Canada Announces Major Investment of $1.5 Billion for High Speed Internet Access Business Editors MONTREAL--(BUSINESS WIRE)--March 27, 2000--Bell Canada (TSE:BC.PRa.) announced today an investment of $1.5 billion over three years to rapidly expand and enhance high speed Internet availability for its residential and business customers. Complementary to BCE's significant investments in national and global connectivity, e-commerce and content, today's announcement confirms Bell's leadership in Canada for communications in the Internet world. Bell is currently accelerating its high speed Internet connectivity to reach five million, or over 70%, of its residential and business customers by the end of the year. By the end of 2002, over 85% of residential and business customers in Bell's territory will be high speed access capable. "One of Bell's strengths lies in the 11 million lines we have to our residence and business customers," said Jean C. Monty, Chairman of the Board and CEO of Bell Canada. "High speed access is a critical part of our Internet strategy that is based on connectivity, commerce and content. Up until now the service was not available to the majority of our customers. With this aggressive rollout program, we will remedy that this year. This investment will reinforce our position as the leading provider of a complete bundle of advanced communication services encompassing satellite, wireless and wireline." Bell will also invest in substantial upgrades to its access network using optical fibre. In major urban centres, starting with Toronto, optical fibre mesh networks will be built using optical cables containing more than 800 fibres each. This will enable, in particular, a rapid expansion of its Optical Ethernet-based Nexxia.LAN(TM) services that provide up to a GigaBit (1000 Mbps) connectivity services for large business customers. Investments will also be made to extend fibre into Bell's residential access network to provide high speed services to neighbourhoods that are currently not served. Bell's high speed Internet services are enabled by both Digital Subscriber Line (DSL) and optical fibre technologies. With DSL, customers can use any phone jack in their homes or businesses and surf the Net at lightning-fast speed. Customers do not need a second line - they can talk on the phone or transmit faxes while they surf the Net across their superfast access line. Bell's DSL technology provides each customer with a private, secure and dedicated connection to the Internet -an essential feature for security- and performance- conscious customers -unlike the cable modem shared service that is widely recognized as being less secure and subject to speed degradation as more customers log on. Bell's high speed services are available in Toronto, Ottawa, Montreal, Quebec City, Hull, London, Kitchener-Waterloo, Brantford, Guelph, Ste-Therese, St-Eustache, Trois-Rivieres and Chicoutimi. During April and May, high speed Internet access will be introduced in the Ontario communities of Barrie, Cornwall, Hamilton, Kingston, North Bay, Peterborough, Port Credit and Windsor, and in the Quebec communities of Legardeur, Levis, Loretteville and Sherbrooke. Additional communities will be announced in the months ahead. The introduction of high speed services will be accompanied by a substantial investment of resources in communications, marketing and service capability. Bell is the national leader for communications in the world of the Internet: leading Canadian Internet service provider with over 800,000 Sympatico(TM) subscribers nationally; host of the most visited portal in Canada, Sympatico, with more than 2.8 million unique visitors each month; carrier of the vast majority of Canada's Internet traffic on its state of the art IP/Broadband network; North American leader in wireless access to Internet through Bell Mobility's Mobile Browser(TM) and Digital DATA to Go(TM); provider of Internet service to remote communities and schools via satellite; partner with leading companies such as Lycos and BCE Emergis. Bell Canada provides a full range of communications services, including wired and wireless local and long-distance telephone services, Internet access, high-speed data services and directories. Bell Canada, its telecom partners and subsidiaries provide services through 13.6 million access lines, including 11 million in Quebec and Ontario. Bell Canada also provides wireless service to more than 2.3 million customers through Bell Mobility. Bell Canada is 80 per cent owned by BCE Inc. of Montreal and 20 per cent owned by SBC Communications Inc. of San Antonio, Texas. Bell Canada's Web site is located at www.bell.ca. News releases, speeches and background information are in the Newsroom. Our e-mail address is forum@bell.ca. Further information on the Bell Sympatico High Speed Edition(TM) service is located at hse.sympatico.ca. Further information on Bell Nexxia's Gigabit Nexxia.LAN services can be found at bellnexxia.com Mobile Browser & Digital Data are Bell Mobility trade marks. Sympatico is a MediaLinx Interactive, Limited Partnership trade mark. Nexxia.LAN is a trade mark of Bell Nexxia. --30--deb/in* CONTACT: Bell Canada Irene Shimoda, Bell Canada Media Relations 888/482-0809 416/581-3311 irene.shimoda@bell.ca or Marie-Eve Savard, Bell Canada Media Relations 877/391-2007 514/391-2007 marie-eve.savard@bell.ca KEYWORD: INTERNATIONAL CANADA INDUSTRY KEYWORD: TELECOMMUNICATIONS INTERNET E-COMMERCE NETWORKING businesswire.com

To: Kenneth E. Phillipps who wrote (5174)	3/27/2000 2:55:00 PM
From: telecomguy	Respond to of 14638

Another example of NT's stealth strategy.........embedd OIE into every key edge hardware vendor to bring down the proprietary/high-cost CSCO routers. On the surface it appears NT is simply trying to weakend it's foe's cashcow but in hindsight, NT is trying to commoditize routers and open up the Internet to the small/medium enterprises who are not prepared to pay the big bucks to CSCO to get connected into the IP network. Of couse, once this snowballs and every small little business is IP enabled, you can imagine the demand on the backbone where NT specializes.......so it is a great strategy in that it can potentially kill two birds with one stone --- i.e. commoditize, drive down router price, and as result geometrically ramp up the demand for capacity playing right into NT's dominance in the optics field where the real battle for networking will be fought in the next 5 years. Despite some CSCO followers assertion that the Open IE intiative was all smoke & mirrors, it appears that NT's announcement last fall was a serious one (witness their partnerships with Intel and Motorola who are heavily investing in Network chips to build the foundation for open routing platforms). If anyone has been following Intel's recent corporate investments and strategies, it is VERY clear that they believe that the networking market is where their growth will be found - not the desktop. Once Intel puts their $ and engineering talent with Nortel's software/networking capability, even a juggernaut like CSCO can be damaged. It will certainly be an Interesting Times that we will experience. As repeated many times, Scott McNeely could not have been more prophetic when he said "Network IS THE COMPUTER" except now he should have added that the "Network IS THE ROUTER" !!! 3/27/00 - Hyperchip And Nortel Networks Committed To Delivering Smarter Generation Of Network Equipment -------------------------------------------------------------------------------- MONTREAL, Mar 27, 2000 (INTERNET WIRE via COMTEX) -- Hyperchip(TM) (www.Hyperchip.com), the Petabit Routing Company(TM), today announced that it has signed a license agreement with Nortel Networks* [NYSE/TSE: NT] to enable it to add the robust flexibility of Nortel Networks' Open IP Environment with the extreme scalability of Hyperchip's petabit routing architecture. Combining the power of Hyperchip's leading-edge architecture with Nortel Networks' advanced routing software will solidify Hyperchip's position as the leader in petabit scalability. "We are excited about our relationship with Nortel Networks," said Richard Norman, Hyperchip President and CTO. "By combining Hyperchip's revolutionary connectivity hardware with Nortel Networks' state-of-the-art routing software, Hyperchip is building the most powerful routers on the planet. This will deliver the bandwidth that the Internet needs to support high-speed access on a massive scale". "Hyperchip and Nortel Networks share a commitment to deliver a 'smarter' generation of high-bandwidth systems that can evolve at the speed of fiber. By combining Open IP Environment with Hyperchip's petabit routing systems, we will provide that power and flexibility." Jeff Pickering, Open IP Environment engineering prime, Nortel Networks, said, "Time to market is a critical component in the success of a product, but it is equally important to provide a full-featured solution. The Hyperchip solution, using Nortel Networks' Open IP Environment, provides network designers with the best of both worlds -- flexibility and acceleration of a full solution." Nortel Networks' Open IP Environment allows system vendors to quickly deliver robust and proven high-performance support for key routing protocols such as OSPF, SNMP, RIP, and BGP4. This avoids the traditional trade-off between broad support and time-to-market, allowing network equipment vendors to bring sophisticated products to market faster and at lower cost. The modular architecture enables developers to choose features and capabilities based on the size and type of device to be IP-enabled, from PDAs to large routers. Open IP is a big step toward building a more reliable, more secure, faster Internet and is driving a shift from expensive, complex "Old World" routers. Hyperchip's petabit routing architecture allows IP routing to scale from terabits to petabits per second of aggregate port bandwidth. These extreme-performance routers are based on Hyperchip's massively parallel semiconductor technology, producing systems that scale to 65,536 high-speed ports to allow routing technology to unleash the bandwidth potential of optical fiber. About Hyperchip Hyperchip is a Montreal company whose investors include Siemens Mustang Ventures, Argo Global Capital (backed by several leading telco carriers), Vertex, Vontobel, Advent and TechnoCap. Founded in 1997 after 10 years of patent work and 4 years of proof-of-concept work, Hyperchip has pioneered major advances in key computing and communication technologies. Hyperchip is the leader in petabit scalability for the WAN, and is driving the merger of the world's networks to provide end-to-end multi-gigabit connections between users, servers and storage, regardless of distance. More information about Hyperchip can be found at www.hyperchip.com. About Nortel Networks Nortel Networks is a global leader in telephony, data, eBusiness, and wireless solutions for the Internet. The Company had 1999 U.S. GAAP revenues of US$21.3 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. 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. Hyperchip and the Petabit Routing Company are trademarks of Hyperchip Inc. *Nortel Networks and Unified Networks are trademarks of Nortel Networks. Other trademarks identified in this release are the property of their respective companies.