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To: Minnow who wrote (27564)4/20/1999 10:18:00 AM
From: Harvey Rosenkrantz  Read Replies (1) | Respond to of 152472
 
CDMA China news & CDMA 2000 demo...

April 16, 1999

Nortel Networks to Build Digital Wireless Network Equipment in
China

Equity Investment, Contracts Coincide with Visit of Chinese Premier Zhu
Rongji

OTTAWA - Nortel Networks* [NYSE: NT/TSE: NTL] will build digital wireless
network infrastructure equipment in China to expand its presence in the
burgeoning Chinese wireless market.

In a series of agreements signed in conjunction with today's visit by Chinese
Premier Zhu Rongji, Nortel Networks concluded additional equity investments
of more than US$30 million in joint venture company Guangdong Nortel to
initiate local manufacturing of cdmaOne* and GSM wireless equipment for the
Chinese market.

Nortel Networks also signed agreements worth US$60 million with China
Unicom for expansion of two existing GSM digital wireless networks in
Zhejiang province.

"These agreements continue our 27-year history of investment in the Chinese
market," said Robert Mao, CEO and president, Nortel Networks China. "Now
we look to the future, harnessing our innovation to help evolve China's
communications infrastructure to deliver the integrated data, Internet, video
and voice services of tomorrow."

The Chinese Premier's visit included a preview of the future - the world's first
public demonstration of cdma2000* third generation digital air interface
technology for delivery of very high-speed (384 kilobits per second) data, video
and other wireless Internet services.

Today's preview also included a demonstration of sophisticated software for
controlling quality-of-service over IP (Internet Protocol) networks. This
software allows an operator to ensure the highest levels of transmission
quality and reliability to users of premium services.



To: Minnow who wrote (27564)4/20/1999 10:20:00 AM
From: LindyBill  Respond to of 152472
 
Well, just enough of a bounce to get our hopes up! Is the bloodletting over? Nobody knows!



To: Minnow who wrote (27564)4/20/1999 11:47:00 AM
From: Morgan Drake  Respond to of 152472
 
AMEN!!!