To: Caxton Rhodes who wrote (30423 ) 5/20/1999 9:55:00 AM From: 2brasil Read Replies (1) | Respond to of 152472
another one-Bell Mobility Signs Estimated US$200 Million (Cdn$300 million) Deal with Nortel Networks Supply Agreement Includes CDMA Metro Cell for Capacity, Wireless Internet TORONTO, May 20 /CNW/ - Bell Mobility has signed a three-year supply agreement with Nortel Networks (NYSE/TSE: NT) - estimated to be worth US$200 million (Cdn$300 million) - which will enable Bell Mobility to significantly expand the capacity and coverage of its cdmaOne digital wireless network in Ontario and Quebec. This agreement is expected to bring Bell Mobility's six-year investment in Nortel Networks wireless infrastructure equipment to more than US$400 million - (Cdn$600 million). It includes Nortel Networks DMS-MTX SuperNode digital switching equipment and Nortel Networks CDMA Metro Cell base stations, designed for cost-effective evolution to third generation radio technology and Wireless Internet services. Bell Mobility continues to deploy state-of-the art wireless technology to meet current and future customer needs while helping to reduce operating costs,'' said Mark Rausa, vice-president, network engineering and operations, Bell Mobility. We're committed to working with Bell Mobility to make feature-rich voice and Wireless Internet services available rapidly and cost-effectively,'' said Joe Sarnecki, vice-president and general manager, Wireless Solutions for Nortel Networks in Canada. Nortel Networks will continue to manufacture the equipment for Bell Mobility's wireless network in Calgary, Alberta and Raleigh, North Carolina, two of seven systems houses'' identified last week as part of the company's new three-year global operations strategy. The Bell Mobility family of companies provides a complete range of wireless communications solutions - cellular, paging, data, satellite, PCS and airline passenger communications services - to over two million Canadian customers. Bell Mobility Radio provides two-way voice and wireless data services to public safety and emergency services agencies. Bell Mobility companies are subsidiaries of BCE Mobile Communications Inc., a publicly traded company (TSE, ME, NYSE; stock symbol BCX) which is 65 percent owned by Bell Canada. Nortel Networks delivers value to customers around the world through Unified Networks solutions, spanning mission-critical telephony and IP-optimized networks. Customers include public and private enterprises and institutions; Internet service providers; local, long-distance, cellular and PCS communications companies, cable television carriers, and utilities. Nortel Networks' common shares are listed on the New York, Toronto, Montreal, Vancouver, and London stock exchanges. Nortel Networks had 1998 revenues of US$17.6 billion and has approximately 75,000 employees worldwide. For further information: Ross Heupel, Nortel Networks, (972) 685-1205, ross.heupel@nortelnetworks.com; Tina Walker, Bell Mobility, (905) 282-4059, tawalker@mobility.com; Or visit us at www.nortelnetworks.com; Or www.bellmobility.com; Archived images on this organization are available through CNW E-Pix at www.newswire.ca. Images are free to members of The Canadian Press. More Quotes and News: Nortel Networks Corp (Toronto:NT.TO - news) Related News Categories: Canadian Market News, computers, telecom, US Market News Help Copyright © 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. See our Important Disclaimers and Legal Information. Questions or Comments?