|
| Multiservice Switch 15000 |   |
| Multiservice Switch 7400 | |
| Multiservice Switch Layer 3 Series | |
|
 |
Your Location: Home / News & Events / News Releases
April 17, 2003
Hainan Telecom to Upgrade Network with Nortel Networks Passport Multiservice Switches
Plans to Expand Data Services, IP VPNs to Over 20 Cities, Counties
BEIJING – Hainan Telecom, a provincial subsidiary of China Telecom Corp. (CTC), China’s largest fixed-line service provider, will deploy Passport* 15000 and Passport 7000 Multiservice Switches from Nortel Networks* [NYSE/TSX: NT] to upgrade its existing provincial ATM network to provide Internet Protocol (IP) virtual private networks (VPNs) and other data services for government, enterprise and individual customers.
The backbone network, which is expected to be in service in July 2003, is expected to cover more than 20 major cities and counties across the province. By deploying IP VPNs alongside existing ATM services, Hainan Telecom is positioned to generate incremental service revenues with minimal additional capital investment. The enhancements position Hainan Telecom to minimize customer churn and attract new customers by offering a smooth migration to new, value-added services. "Deployment of this equipment is planned to exploit Hainan’s data market by providing abundant, high-quality and differentiated services to better satisfy customer demands," said Wang Tan, general manager, Hainan Telecom. "Hainan Telecom's selection further reinforces our networking strengths and our leadership in building high-performance multiservice networks in China," said Yuan-Hao Lin, chief operating officer, Nortel Networks China. “The new network will not only provide Hainan Telecom with greater flexibility in WAN data access options with interworking between IP VPN and existing data services, but will also lay a solid foundation for future data applications and next generation network (NGN) services.” Nortel Networks Passport portfolio includes Passport 7000, Passport 15000 and Passport 20000 Multiservice Switches. Passport IP VPN services support security, scalability, reliability and control, with an architecture that offers a revolutionary, cost-effective way of creating multiple, segregated IP VPNs in a shared environment. With the addition of Nortel Networks Preside* Multiservice Data Manager, Passport is ideal for service providers who need a central office-based platform for delivering IP VPN services. Nortel Networks has been the global market share leader in multiservice switching for seven consecutive quarters as of year-end 2002, according to Synergy Research Group. Nortel Networks is an industry leader and innovator focused on transforming how the world communicates and exchanges information. The Company is supplying its service provider and enterprise customers with communications technology and infrastructure to enable value-added IP data, voice and multimedia services spanning Wireless Networks, Wireline Networks, Enterprise Networks, and Optical Networks. As a global company, Nortel Networks does business in more than 150 countries. More information about Nortel Networks can be found on the Web 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 severity and duration of the industry adjustment; the sufficiency of our restructuring activities, including the potential for higher actual costs to be incurred in connection with restructuring actions compared to the estimated costs of such actions; fluctuations in operating results and general industry, economic and market conditions and growth rates; the ability to recruit and retain qualified employees; fluctuations in cash flow, the level of outstanding debt and debt ratings; the ability to meet financial covenants contained in our credit agreements; the ability to make acquisitions and/or integrate the operations and technologies of acquired businesses in an effective manner; the impact of rapid technological and market change; the impact of price and product competition; international growth and global economic conditions, particularly in emerging markets and including interest rate and currency exchange rate fluctuations; the impact of rationalization in the telecommunications industry; the dependence on new product development; the uncertainties of the Internet; the impact of the credit risks of our customers and the impact of customer financing and commitments; stock market volatility; the entrance into an increased number of supply and outsourcing contracts which contain delivery and installation provisions, which, if not met, could result in the payment of substantial penalties or liquidated damages; the ability to obtain timely, adequate and reasonably priced component parts from suppliers and internal manufacturing capacity; the future success of our strategic alliances; and the adverse resolution of litigation. 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. Unless otherwise required by applicable securities laws, 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, the Globemark, Passport and Preside are trademarks of Nortel Networks. Contact for Press and Analysts:Michelle Wu
Nortel Networks
8610 6510 7132
wumich@nortel.com
Neil Jiang
Nortel Networks
8610 6510 7140
neiljj@nortel.com
Additional Media & Analyst Contacts
