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July 30, 2001
Optimus Selects Nortel Networks to Deliver UMTS Network in Portugal
LISBON, Portugal - Optimus, a subsidiary of Sonae.com and France Telecom, has selected Nortel Networks* [NYSE/TSE: NT] to supply Wireless Internet infrastructure equipment and services for build out of its third generation (3G) UMTS (Universal Mobile Telecommunications System) network in Portugal.
Nortel Networks will provide Optimus with radio infrastructure equipment in Northern Portugal, including Nortel Networks e-mobility* Internet Base Transceiver Station (BTS) and Internet Radio Network Controller. This award further strengthens Nortel Networks leadership position in delivering the high-performance Wireless Internet in Europe, and in Iberia in particular, where Nortel Networks has now won five UMTS awards. "We are pleased to have Nortel Networks as a new supplier to us," said António Casanova, chief executive officer, Optimus Telecomunicações. "Nortel Networks has proven leadership in the global UMTS business and in CDMA (code division multiple access) technology, and we look forward to a long and prosperous relationship with them in the years to come." "We are focused on bringing to Optimus the benefits of our experience in CDMA networks by offering a solution with optimized cost and performance from day one," said Pascal Debon, president, Nortel Networks EMEA (Europe, Middle East, Africa). "This award continues our momentum in Southern Europe, and is yet another sign that the marketplace is embracing our Wireless Internet solutions." Nortel Networks has now announced 12 UMTS awards, including 11 in Europe – from incumbent operators BT Cellnet, T-Mobile, One 2 One, max.mobil, Telecel, Omnitel, Airtel, Optimus, and Mobilkom; and 'greenfield' providers Xfera and ONI WAY – and one from AT&T Wireless in the United States. Nortel Networks solutions for building the high-performance Wireless Internet are driven by its 'Wings of Light' strategy, which combines optical, wireless and IP capabilities to help operators provide highly reliable, high-speed access to broadband Internet services virtually 'anytime, anywhere.' Nortel Networks 3G solutions are designed to help operators enhance profitability by enabling personalized multimedia services over a true Quality of Service network. This will be one of the keys to improving the Average Revenue Per User (ARPU), and will be delivered over leading carrier platforms such as e-mobility Internet BTS, Nortel Networks Passport* 1500 Multiservice Switch, and Nortel Networks Shasta* Broadband Services Node. Based on CDMA technology, UMTS is designed to provide high-speed access to information, e-mail, real-time video and other Wireless Internet services through a variety of personal, portable devices. Nortel Networks has designed, installed and placed into service more than 127 CDMA networks for 40 operators in 12 countries since 1995, including deployment of more than 20,000 base stations. Nortel Networks is a global leader in networking and communications solutions and infrastructure for service providers and corporations. The company is at the forefront of transforming how the world communicates, exchanges information and profits from the high performance Internet through capabilities spanning the Optical Internet, Wireless Internet, Intelligent Internet and IP (Internet Protocol) technologies and services. Nortel Networks does business in more than 150 countries and 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 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 rationalization 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; the impact of the credit risks of our customers; the entrance by Nortel Networks into an increased number of supply, turnkey, and outsourcing contracts which contain delivery, installation, and performance provisions, which, if not met, could result in Nortel Networks having to pay substantial penalties or liquidated damages; the impact of increased provision of customer financing and commitments by Nortel Networks; potentially higher costs actually incurred in connection with restructuring actions compared to the estimated costs of such actions; and the inherent uncertainties underlying the estimates and assumptions used in calculating asset valuations. 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, the Globemark, e-mobility, Passport and Shasta are trademarks of Nortel Networks.Contact for Press and Analysts:
Will Cairns
Nortel Networks
44 1628 438031
wcairns@nortel.com
Claire Cranton
Nortel Networks
44 207 529 3067
cranton@nortel.com
Jamie Moody
Nortel Networks
972-684-7167
moodyjam@nortel.com
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