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March 30, 2004 04:00 AM US Eastern Timezone
Telco Global Chooses Voice over IP Solution from Nortel Networks for Multimedia Services
LONDON--(BUSINESS WIRE)--March 30, 2004--Telco Network Services Ltd (the U.K. affiliate of Telco Global, part of the Telco Global Holding Group), a leading voice, mobile and Internet solutions provider in the United Kingdom, has chosen a solution from the Multimedia Communications Portfolio of Nortel Networks (NYSE:NT)(TSX:NT) to deliver Session Initiation Protocol (SIP)-based multimedia services to enterprises and consumers.
Telco Global plans to use Nortel Networks Multimedia Communication Server (MCS) 5200 to converge existing voice, data and video services onto one advanced IP infrastructure.
Businesses and consumers will be able to benefit from flexible working arrangements and seamless communications across 'smart' phones, personal digital assistants (PDAs), desktop and laptop PCs, and other intelligent devices, using the unique capabilities of SIP.
"The flexibility and simplicity of Nortel Networks voice over IP and multimedia communications solutions allow us to offer a new dimension to existing standard telephony services for our customers," said Kishor Patel, director voice over IP, Telco Global. "With the new solutions, we will reach a broader range of customers who can leverage their existing infrastructure to combine the power of the Internet with voice and multimedia services."
"Nortel Networks multimedia communications technology will help position Telco Global to drive increased revenue opportunities by expanding its reach into new customer segments," said Brian Day, director, Carrier Market Development, EMEA (Europe, Middle East, Africa), Nortel Networks. "The multimedia and SIP solutions we'll be providing will offer new levels of functionality and flexibility to Telco Global customers through advanced multimedia services like integrated voice and video communications, secure instant messaging and instant file transfer."
Nortel Networks MCS 5200, part of Nortel Networks Multimedia Communications Portfolio, is a carrier-grade, SIP-based media and applications server. The Multimedia Communications Portfolio, including both MCS 5200 and MCS 5100, delivers advanced multimedia and collaborative applications through the same commercially available hardware and open-standards software. This portfolio delivers the scale and functionality necessary for both enterprises and service providers to address their target market segments. It transforms the way users communicate by enabling next generation tools that improve productivity and facilitate ubiquitous access to communications services.
For the entire year and fourth quarter of 2003, Nortel Networks ranked #1 in the global markets for voice over IP ports shipped and in global softswitch revenue, according to Synergy Research Group and In-Stat/MDR. Nortel Networks has a proven portfolio of products and services for packet voice and multimedia services. It is providing Nortel Networks Succession VoIP solutions to leading operators, including Verizon Communications, Bell Canada, Charter Communications, Sprint, MCI, Cox Communications, Cable & Wireless Cayman Islands, Hong Kong Broadband Network, China Netcom, and China Railcom.
The Telco Group is a leading provider of fixed voice, mobile and internet services; through its comprehensive range of products and services, the Telco Group has provided savings to over 3 million customers in the U.K. in the past 6 months alone. The Telco Group comprises the following divisions: Telco Global -- servicing the consumer and SoHo markets with a complete range of communication services; Enable Communications -- providing high-reliability communications solutions for SME and Corporate customers; Telco Global Distribution -- one of the U.K.'s largest distributors of mobile top-up vouchers and prepaid cards; and Just-Dial -- the U.K.'s leading 'instant dial' service. The Just Dial division has also launched the TopUp2talk (T2T) service, a revolutionary new product that allows mobile users to call international destinations from 1p a minute.
Since the business was founded in 1996, the Telco Group has grown into one of the U.K.'s largest telecom service providers by combining value-for-money with market-leading customer service. With annualized revenues of over GBP 200 million, the Telco Group is profitable and debt-free. Telco Global's success is built on its wholly-owned, highly flexible billing and customer care systems, and on its proactive approach to account management. Telco Global is one of the first U.K. communications companies to successfully invoice multiple services on a single bill. The Telco Group has recorded the best customer service performance for a fixed line operator in recent Oftel customer complaint surveys.
Nortel Networks is an industry leader and innovator focused on transforming how the world communicates and exchanges information. The Company is supplying its service provider and enterprise customers with communications technology and infrastructure to enable value-added IP data, voice and multimedia services spanning Wireless Networks, Wireline Networks, Enterprise Networks, and Optical Networks. As a global company, Nortel Networks does business in more than 150 countries. More information about Nortel Networks can be found on the Web at www.nortelnetworks.com.
Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors which could cause results or events to differ from current expectations include, among other things: the outcome of Nortel Networks independent review and any further restatement of its previously announced or filed financial results; the impact of the inability to meet Nortel Networks filing obligations on credit and support facilities and public debt obligations; the sufficiency of Nortel Networks restructuring activities, including the potential for higher actual costs to be incurred in connection with restructuring actions compared to the estimated costs of such actions; continued reductions in spending by Nortel Networks customers; fluctuations in Nortel Networks operating results and general industry, economic and market conditions and growth rates; the communication by Nortel Networks auditors of the existence of material weaknesses in internal control; Nortel Networks ability to recruit and retain qualified employees; fluctuations in Nortel Networks cash flow, level of outstanding debt and current debt ratings; Nortel Networks ability to meet the financial covenant in its credit facilities; the use of cash collateral to support Nortel Networks normal course business activities; the dependence on Nortel Networks subsidiaries for funding; the impact of Nortel Networks defined benefit plans and deferred tax assets on results of operations, Nortel Networks cash flows and compliance with its financial covenant; Nortel Networks dependence on new product development and its ability to predict market demand for particular products; Nortel Networks ability to integrate the operations and technologies of acquired businesses in an effective manner; the impact of rapid technological and market change; the impact of price and product competition; barriers to international growth and global economic conditions, particularly in emerging markets and including interest rate and currency exchange rate fluctuations; the impact of rationalization in the telecommunications industry; changes in regulation of the Internet; the impact of the credit risks of Nortel Networks customers and the impact of customer financing and commitments; stock market volatility generally and as a result of acceleration of the settlement date or early settlement of our purchase contracts; risks associated with a consolidation of Nortel Networks common shares; the impact of Nortel Networks supply and outsourcing contracts that contain delivery and installation provisions, which, if not met, could result in the payment of substantial penalties or liquidated damages; the future success of Nortel Networks strategic alliances; and the adverse resolution of litigation, intellectual property disputes and similar matters. For additional information with respect to certain of these and other factors, see the most recent Form 10-Q/A and Form 10-K/A filed by Nortel Networks with the United States Securities and Exchange Commission. Unless otherwise required by applicable securities laws, Nortel Networks disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Nortel Networks, the Nortel Networks logo, the Globemark, Business Without Boundaries and Succession are trademarks of Nortel Networks.
Contacts
Nortel Networks
Carrie Kasten, +44 1628 43 5358
ckasten@nortelnetworks.com
or
Telco Global
Bonnie Serfaty, +44 8709 96 3059
bonnie.serfaty@telcoglobal.com
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