NT sales stats,...not pretty, rate of sales declines slowing down particularly
in wireless, enterprise and optical but no good looking round bottom seen yet.
NORTEL NETWORKS CORPORATION
Revised Historical Consolidated Results (unaudited)(1)
Supplementary Information
(millions of U.S. dollars)
Revenues from
continuing
operations Three months ended Nine months ended
September 30, September 30,
--------------- -------- ---------------- ---------
By
Segments:(2) 2002 2001 % Change 2002 2001 % Change
--------------- ------------------------- ---------
Wireless
networks $940 $1,349 (30%) $3,199 $4,510 (29%)
Enterprise
networks 617 729 (15%) 1,928 2,521 (24%)
Wireline
networks 482 896 (46%) 1,748 3,526 (50%)
Optical
networks 309 579 (47%) 1,121 2,905 (61%)
Other 7 141 (95%) 44 593 (93%)
------- ------- -------- -------
Total 2,355 3,694 8,040 14,055
------- ------- -------- -------
------- ------- -------- -------
Historical information(2) Three months ended
---------------------------------------------------
June March December September June March
30, 31, 31, 30, 30, 31,
By Segments: 2002 2002 2001 2001 2001 2001
---------------------------------------------------
Wireless
networks $1,123 $1,136 $1,204 $1,349 $1,616 $1,545
Enterprise
networks 636 675 799 729 803 989
Wireline
networks 587 679 921 896 1,191 1,439
Optical
networks 406 406 465 579 757 1,569
Other 21 16 67 141 243 209
------- ------- -------- -------- ------- ---------
Total 2,773 2,912 3,456 3,694 4,610 5,751
------- ------- -------- -------- ------- ---------
------- ------- -------- -------- ------- ---------
Year ended December 31,
------------------------
By Segments: 2001 2000
---------------
Wireless
networks $5,714 $5,438
Enterprise
networks 3,320 3,961
Wireline
networks 4,447 7,730
Optical
networks 3,370 9,732
Other 660 1,087
------- -------
Total 17,511 27,948
------- -------
------- -------
(1) These unaudited consolidated results are preliminary and are
subject to change. Nortel Networks disclaims any intention or
obligation to update or revise these preliminary results prior to
the filing of its reported results for the three months and nine
months ended September 30, 2002.
(2) During the third quarter of 2002, Nortel Networks changed the way
it managed its business to streamline and focus more directly on
its customers in four key businesses. Consequently, financial
information for the Wireline Networks segment and Enterprise
Networks segment is reported on the new basis commencing in the
three months ended September 30, 2002, and historical comparative
financial information is restated for these two segments. |
