Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kenneth E. Phillipps who wrote (9376)	1/20/2001 4:42:55 PM
From: Kenneth E. Phillipps	Respond to of 14638

January 19, 2001 Nortel Networks Grows Leadership in Bringing High-Performance Internet to China Delivering 320 Gigabit Bandwidth Power to Henan Province Optical Backbone BEIJING - Henan Telecom has selected Nortel Networks* [NYSE/TSE: NT] to supply a 10-gigabit per second, 2,000 kilometer backbone network spanning 20 points of presence (POPs) across the province, further strengthening Nortel Networks growing leadership position in delivering the high-performance Internet to China. Planned for operation by April 2001, the new Henan Telecom network will bring the power and bandwidth of the Optical Internet to customers in Henan province through high-quality voice, data and leased bandwidth services. It will also serve as part of China Telecom's national high-capacity broadband network. Henan Telecom will deploy Nortel Networks OPTera* Connect DX optical switch, which brings a new class of Optical Internet to service providers and carriers. OPTera Connect DX can increase network capacity, provide flexible services, improve connection and network management capabilities, and enhance network reliability. Nortel Networks OPTera Connect DX enables quick, seamless delivery of global transport and end-to-end services solutions. OPTera Connect DX supports DWDM (dense wavelength division multiplexing) applications capable of deploying up to 320 gigabits of bandwidth over a single, bi-directional optical fiber. "This Henan Telecom contract further reinforces Nortel Networks leadership position in building high-capacity optical networks in China," said Robert Mao, president, Nortel Networks China. "At present, we are building the majority of China's 10 gigabits-per-second networks, empowering our customers with unprecedented levels of scalability and capacity, as well as services and management solutions designed to create new revenue opportunities and generate new heights of subscriber satisfaction." To date, Nortel Networks optical contract wins in China include the 320-gigabit Nanjing-Wuhan network and a number of other significant projects in Zhejiang, Chongqing, Changchun, Dandong, Xiamen and Guangdong. In December 2000, Nortel Networks OPTera Long Haul 1600 Optical Line System was selected by China Netcom Corporation (CNC) for a high-speed, 70-kilometer, international optical gateway linking the Shenzhen-Hong Kong sector of CNC's 17-city network. Nortel Networks ranks number one in long haul DWDM, metropolitan DWDM and SONET/SDH market share, according to a recent report by the Dell'Oro Group, an industry research firm. The report also shows that Nortel Networks has expanded its Optical Internet leadership position, gaining 43.2 percent of the overall optical transport market. Nortel Networks optical backbones carry 75 percent of North America's Internet traffic and 50 percent of Europe's, according to RHK Kent and the Yankee Group. Nortel Networks is a global Internet and communications leader with capabilities spanning Optical, Wireless, Local Internet and eBusiness. The Company had 2000 U.S. GAAP revenues of US$30.3 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, promising a new era of collaboration, communications and commerce. Visit us at www.nortelnetworks.com. *Nortel Networks, the Nortel Networks logo, the Globemark and OPTera are trademarks of Nortel Networks. Contact for Press and Analysts: Sharon Tang Nortel Networks 8610-65288877-7192 tangs@nortelnetworks.com nortelnetworks.com