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

To: Neil H who wrote (2157)	3/9/1999 11:10:00 AM
From: Neil H	Read Replies (1) \| Respond to of 14638

Tuesday March 9, 9:15 am Eastern Time Company Press Release SOURCE: Northern Telecom Limited Nortel Networks to Provide Multi-Service Switching Systems For CenturyTel Support Service Expansion for Top-10 U.S. LEC and Cellular Provider ATLANTA, March 9 /PRNewswire/ - Century Telephone Enterprises, Inc. (CenturyTel) (NYSE: CTL - news), one of the ten largest local exchange carriers (LEC) and cellular providers in the U.S., has chosen Nortel Networks (NYSE: NT/TSE: NTL) to provide multi-service network switching platforms to support CenturyTel's market growth and services expansion. Under terms of an existing three-year purchase agreement valued at US$120 million that includes Nortel Networks' switching, optical, access, and wireless products and services, CenturyTel will acquire Nortel Networks' DMS-500 multi-services switching systems to deliver integrated local, long-distance, and Internet access. Initial DMS-500 deployment will occur in LaCrosse, Wisconsin. The new switching systems augment CenturyTel's extensive local infrastructure, including Nortel Networks' DMS-100 high-density local switches; DMS-10 low-density local switches; the DMS-MTX digital mobile switching system; S/DMS TransportNode OC-3 Express, OC-12, and OC-48 optical network systems; and the AccessNode local access mediation systems. CenturyTel's network provides service to more than two million customers in 21 states across the U.S. ''We work hard at CenturyTel to exceed our customers' expectations,'' said Arvil Fowler, CenturyTel's vice president for Network Operations. ''By deploying Nortel Networks' DMS-500 switching system, we can expand our current service portfolio with a robust and flexible switching platform that gives us the ability to continue to rapidly grow in an increasingly competitive market.'' ''Our DMS-500 multi-service switching platforms will allow CenturyTel to expand its subscriber base while offering existing rural and suburban customers the quality and range of services they have come to expect from CenturyTel,'' said Richard Reid, president, Global Carrier Solutions--CLECs and IXCs. ''Our Unified Network solution gives CenturyTel the integrated wireline and wireless, voice and data multimedia services they need to provide their customers with the greatest value-setting the stage for rapidly delivering new, next-generation communications resources.'' CenturyTel (Century Telephone Enterprises, Inc.) provides integrated communications services including local exchange, wireless, long distance, Internet access, and security services to more than two million customers in 21 states. The company, headquartered in Monroe, Louisiana, is publicly traded on the New York Stock Exchange under the symbol CTL. CenturyTel is the 9th largest local exchange telephone company, based on access lines, and the 10th largest cellular company, based on population equivalents owned, in the United States.