SI
SI
discoversearch

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 (1287)10/20/1998 12:05:00 AM
From: Neil H  Respond to of 14638
 
Monday October 19, 8:00 pm Eastern Time

Esprit awards contract to Nortel

NEW YORK, Oct 19 (Reuters) - Britain's Esprit Telecom Group Plc, a leading independent
telecommunication companies, said it awarded a networking services contract, initially valued at
$30 million, to Northern Telecom Ltd's (NYSE:NT - news) (Toronto:NTL.TO - news) Nortel
Networks.

Nortel Networks will act as the turnkey provider for the development and implementation of the remaining phases of Esprit
Telecom's digital fiber optic cable network, which will cover 9,000 kilometers in six European countries by mid 1999,
Esprit said in a statement.

When completed, Esprit Telecom's network will consist of five interlocking fiber rings, linking Britain, France, Germany,
the Netherlands, Belgium and Spain.

Regards

Neil