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

To: WiseGuy who wrote (9211)	1/10/2001 4:27:48 PM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 14638

Bell Mobility Plans Upgrade, Sierra Wireless Alliance (Update1) By Steve Maich and Sean Pasternak Toronto, Jan. 10 (Bloomberg) -- BCE Inc.'s wireless unit will announce plans tomorrow to upgrade its network and to introduce new wireless Internet services with the help of Sierra Wireless Inc. and Nortel Networks Corp., company officials said. Bell Mobility, Canada's No. 2 wireless-phone company, will discuss plans to expand its network and sell so-called third- generation services, Mobility spokeswoman Isabelle Tremblay said. Such services include streaming, which enables users to download video and audio from the Internet for play on wireless handsets. Canada's wireless-phone companies are preparing to offer third-generation wireless products and services over the next few years to exploit advances in handset technology. In November, Rogers Wireless Communications Inc. said it will begin upgrading its network in 2001 so that it can offer the services in 2003. Sierra Wireless, a Burnaby, British Columbia-based maker of wireless modems, plans to form an alliance with Mobility, Sierra spokesman Hugh Scholey said. He wasn't more specific. Nortel and PacketVideo Corp., a closely held San Diego-based developer of software for transmitting video to wireless devices, will take part in the Mobility announcement, the companies said. They gave no additional details. Shares of Montreal-based BCE rose 45 Canadian cents to C$40.60 in Toronto trading. Sierra Wireless fell C$3.75, or 6.2 percent, to C$56.50.