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

To: Cooters who wrote (13851)	5/3/2004 5:30:43 PM
From: Cooters	Read Replies (1) \| Respond to of 14638

I may as well post the related comments on UMTS revenue from the 8/12/03 10-Q and the 12/23/03 10-Q. I have contacted Nortel to see if I can get some type of update on WCDMA. Cooters -- 2003-08-12 10-Q Universal Mobile Telecommunications Systems, or UMTS, revenues decreased substantially in the second quarter of 2003 compared to the same period in 2002 as operators continued to scrutinize and delay deployment plans. However, in both the second quarter of 2003 and the second quarter of 2002, UMTS revenues accounted for an insignificant amount of total Wireless Networks revenues. UMTS revenues were essentially flat in the first half of 2003 compared to the first half of 2002. In the first half of 2003, operators continued to scrutinize and delay deployment plans. <snip>substantial decline in UMTS revenues in EMEA primarily due to the resolution of contractual issues, including collectibility, with a certain customer in the first quarter of 2003 not repeated in the second quarter of 2003; <snip> Remainder of 2003 In the first half of 2003, Wireless Networks revenues continued to be primarily generated by sales of CDMA and GSM technologies. We continue to expect that revenues associated with our TDMA technologies will decline in 2003 compared to 2002. In 2003, our UMTS technology sales are expected to grow, compared to 2002, and represent a larger proportion of Wireless Networks revenues as 3G technologies are expected to gain a greater foothold in the market due to increased wireless data traffic and requirements for greater wireless spectrum efficiency. As with the rest of the industry, our wireless customers are experiencing significant pressure and are adapting to a new, more stringent spending environment due to overall slower economic conditions. We anticipate a reduction in global capital expenditures for wireless operators in 2003 compared to 2002. In addition, the timing of the anticipated change in revenue mix from the different wireless technologies has become increasingly difficult to predict as a result of the complexities and potential for delays in the implementation of UMTS network deployments. All of these factors could adversely affect our Wireless Networks revenues in the future. 12-23-2003 10-Q Universal Mobile Telecommunications Systems, or UMTS, revenues decreased slightly in the third quarter of 2003 compared to the same period in 2002 as operators have continued to delay their deployment plans. In both the third quarter of 2003 and the third quarter of 2002, UMTS revenues accounted for an insignificant amount of total Wireless Networks revenues. UMTS revenues were essentially flat in the first nine months of 2003 compared to the first nine months of 2002 as operators have continued to delay their deployment plans. UMTS revenues declined significantly in EMEA as operators delayed deployment plans. Regarding our UMTS technologies, we expect that revenues will remain a small portion of overall Wireless Networks revenues in 2003.

To: Cooters who wrote (13851)	6/9/2004 10:25:50 AM
From: Cooters	Read Replies (1) \| Respond to of 14638

Nortel finally replied to my inquiry, I guess they are a little behind<vbg> They do not plan to provide UMTS/WCDMA market share information until next year(2005), when they feel the data will be meaningful. MY OPINION - They still have recognized an insignificant amount of revenue from the large number of commercial UMTS contracts they have won, due to the fact most of their networks either are just coming online or have yet to come online. When they begin to recognize more of this revenue, they will start providing specifics. I think these are some big numbers looming for future quarters! Cooters PS - Of course, at the moment, they aren't providing specifics for anything