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 (1724)	1/19/1999 12:33:00 PM
From: Chris Stovin	Respond to of 14638

Tuesday January 19, 10:19 am Eastern Time FULL TEXT-Nortel wins Bahamas contract (Full text of press release from Canada NewsWire) Nortel Networks Announces Contract to Expand Telecommunications Network in The Bahamas DMS Switching Upgrades Ensure Year 2000 Readiness MIAMI, FL, Jan. 19 /CNW/ - Nortel Networks (NYSE: NT/TSE: NTL) today announced that the Bahamas Telephone company (BATELCO), has awarded Nortel Networks a contract for more than US$13 million for the expansion and modernization of their switching network. This upgrade will ensure Year 2000 compliancy of the existing BATELCO network of Nortel Networks' DMS systems and will also enable BATELCO to provide advanced Custom Local Area Signaling Services (CLASS) such as Caller ID and Call Waiting ID to their customers. The network expansion includes further Nortel Networks' DMS-10 system deployment and the expansion and upgrade of BATELCO's existing Nortel Networks' DMS-10, DMS-100 and DMS-300 system base. ''Expanding and upgrading our network with Nortel Networks' Year 2000-compliant software assures our customers that their phone services will not be disrupted by the Millennium bug,'' says Michael Symonette, BATELCO general manager. ''We are also looking forward to offering advanced, powerful services to our residential and business customers via our expanded network.'' BATELCO has a fully digital network with over 100,000 DMS lines. The DMS-10 is deployed in 35 countries, and offers advanced digital switching technology, backed by two decades of proven reliability around the world. Nortel Networks and BATELCO enjoy a more than 20 year relationship, beginning in the 1970's when Nortel Networks installed a cross-bar switch in the Bahamas. /For further information: Allesandra deSantillana, Nortel Networks CALA, (954) 858-7254, adesanti(at)nortelnetworks.com; Peter Janecek, Nortel Networks, (905) 863-6251, pjanecek(at)nortelnetworks.com; Michelle Murray, Nortel Networks, (770) 708-4434, murraymc(at)nortelnetworks.com; Or visit Nortel Networks' web-site at www.nortelnetworks.com/

To: Kenneth E. Phillipps who wrote (1724)	1/19/1999 12:35:00 PM
From: Chris Stovin	Read Replies (1) \| Respond to of 14638

Related QuotesCELS NTL.TO 15 1/2 84.15 +1/2 -3.75 delayed 20 mins - disclaimerTuesday January 19, 10:04 am Eastern Time FULL TEXT-Nortel in CommNet deal (Full text of press release from Canada NewsWire) CommNet Cellular Signs US$35 Million Deal with Nortel Networks For Network Modernization, Software Upgrades DALLAS, Jan. 19 /CNW/ - CommNet Cellular Inc. has selected Nortel Networks (NYSE: NT/TSE: NTL) to modernize its wireless networks under terms of a three-year, US$35 million agreement. The agreement includes upgrading Nortel Networks' DMS- MTX SuperNode digital switches, system software, and cell sites. We have taken definitive steps to enhance our network and build on our competitive strengths as we head into the future,'' said David Lynn, executive vice-president, operations, CommNet Cellular Inc. We have an outstanding 11-year working relationship with Nortel Networks. They understand and are responsive to our business needs and interests.'' CommNet Cellular currently offers analog wireless service in all of its markets using Nortel Networks' equipment. The network modernization and software upgrades will help CommNet Cellular expand its subscriber service offerings, and prepare for future transition to digital service. System software from Nortel Networks to be installed enhances subscriber safety and security while generating new revenues and improved network operating efficiencies for operators. It also includes CALEA, E-911, local number portability enhanced fraud prevention and over-the-air service provisioning. /For further information: Ross Heupel, Nortel Networks, (972) 685-1205, ross.heupel(at)nortelnetworks.com; Peter Janecek, Nortel Networks, (905) 863-6251, pjanecek(at)nortelnetworks.com; Or visit Nortel Networks' web-site at www.nortelnetworks.com/