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

To: Kenneth E. Phillipps who wrote (5831)	5/17/2000 3:58:00 PM
From: dav	Read Replies (1) \| Respond to of 14638

Williams Selects Nortel Networks' Optical Solutions for First Phase U.S. Metro Expansion Immediate Availability, Rapid Service Delivery Critical to Aggressive Metropolitan Rollout Plan ATLANTA, May 17 /PRNewswire/ - Continuing its aggressive, three-year local network expansion into 50 metropolitan markets across the United States, Williams Communications (NYSE:WCG - news) has selected SONET equipment and services from Nortel Networks (NYSE/TSE:NT) for the first phase of its optical-in-the-metro environment launch. Williams Communications will deploy Nortel Networks' metropolitan solution to connect markets to its existing long-haul network. Combined with a Nortel Networks' Preside network management system already in place, this will give Williams Communications an end-to-end voice and data services solution. `Nortel Networks has been extremely responsive in meeting Williams' requirements, providing both a good solution and addressing the aggressive delivery schedule required for the first phase of our metropolitan buildout,` said Jeff Storey, vice-president of access services for the Williams Network. `We are building the industry's most complete metropolitan portfolio,` said Don Smith, president, Optical Internet, Nortel Networks. `Focused on scalability, flexibility and transparent architecture, our optical solutions can enable Williams Communications to turn rapid new service delivery into a significant competitive advantage.` `This is a terrific endorsement of our cost-effective, data-centric solution,` Smith said, `a solution that provides complete fulfillment from service and network planning to deployment.` Nortel Networks is the leading global supplier of metropolitan optical networking equipment, and the overall leader in building a new, high- performance Optical Internet. Nortel Networks is ranked number one globally in Optical Internet solutions as of year-end 1999, according to the Dell'Oro Group, with a combined 30 percent global market share in D-WDM and SONET/SDH solutions. More than 75 percent of North American Internet backbone traffic travels across Nortel Networks systems. In 1999, Nortel Networks set the standards for speed with its 80 gigabits per second (gbps) line rate OPTera technology, and in bandwidth with the OPTera 1600G, which transmits 160 colors of light across a 10 gbps system for total capacity of 1.6 terabits per second. 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 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.