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February 27, 2001
Nortel Networks, BT Cellnet Announce Opening of Development, Testing Centres
Companies Working Together from Idea Stage Through to Market Introduction
LONDON –Nortel Networks* [NYSE/TSE: NT] and BT Cellnet announced the start of collaborative work at facilities outside London dedicated to accelerated development of new Wireless Internet applications.
BT Cellnet and Nortel Networks plan to work together with suppliers and subscribers on development of these new applications from the idea stage through testing and market introduction. The companies expect this effort to drive delivery of new Wireless Internet services that are both first-to-market and in line with subscriber demand. Plans call for development of services for delivery over GPRS (General Packet Radio Service) networks, with adaptation for use over UMTS (Universal Mobile Telecommunications System) networks. The initial focus will be on mobile entertainment and business applications. “This joint initiative really sets our companies apart by bringing together the very best combination of technology, content and know-how for mobile application delivery,” said Tony Greaves, director, group products and services development team, BT Cellnet. “We’re setting a new standard for cooperation in building the new, high-performance Internet,” said Peter MacKinnon, vice president and general manager, applications and devices, Nortel Networks. “This is an innovative example of how Nortel Networks helps its customers to create sustainable advantage in bringing Wireless Internet applications to market quickly and profitably.” “This demonstrates that Nortel Networks is more than just a provider of infrastructure solutions,” said Dave Allan, vice president and general manager, BT Wireless account, Nortel Networks. “We’re willing and able to work hand-in-hand with our customers to help position them to quickly and efficiently provide the very latest services to their subscribers.” In May 2000, BT 3G Limited (now part of BT Cellnet) selected Nortel Networks to provide its nationwide UMTS network in the UK. Today, BT Cellnet has 10.24 million customers using its voice services, including more than one million with WAP (Wireless Application Protocol)-enabled phones. BT Cellnet is a wholly owned subsidiary of BT plc. Visit us at www.btcellnet.net. Nortel Networks is a global Internet and communications leader with capabilities spanning Optical, Wireless, Local, Personal Internet and eBusiness. The Company had 2000 U.S. GAAP revenues of US$30.3 billion and serves carrier, service provider and enterprise customers globally. Today, Nortel Networks is creating a high-performance Internet that is more reliable and faster than ever before. It is redefining the economics and quality of networking and the Internet, promising a new era of collaboration, communications and commerce. Visit us at www.nortelnetworks.com. Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price and product competition; the dependence on new product development; the impact of rapid technological and market change; the ability of Nortel Networks to make acquisitions and/or integrate the operations and technologies of acquired businesses in an effective manner; general industry and market conditions and growth rates; international growth and global economic conditions, particularly in emerging markets and including interest rate and currency exchange rate fluctuations; the impact of consolidations in the telecommunications industry, the uncertainties of the Internet; stock market volatility; the ability of Nortel Networks to recruit and retain qualified employees; the ability to obtain timely, adequate and reasonably priced component parts from suppliers and internal manufacturing capacity; and the impact of increased provision of customer financing by Nortel Networks. For additional information with respect to certain of these and other factors, see the reports filed by Nortel Networks with the United States Securities and Exchange Commission. Nortel Networks disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. *Nortel Networks, the Nortel Networks logo and the Globemark are trademarks of Nortel Networks.Contact for Press and Analysts:
Beatrice Germain
Nortel Networks
33 1 39 44 40 28
germainb@nortel.com
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