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Nortel, Pride Bring Fast, 'Triple Play' Services to Nizhnevartovsk

Geschrieben am 26-06-2006

Moscow, Russia (ots/PRNewswire) -

- Metro Ethernet Solution Ten Times Faster than Previous
Technologies

www.nortel.com

MOSCOW, Russia, June 26 /PRNewswire/ --

Pride, an alternative telecommunications services provider in West
Siberia, has launched 'triple play' voice, video and multimedia
services in Nizhnevartovsk City at ten times the speed of previous
technologies using a Nortel(x) (NYSE/TSX: NT) solution. The newly
deployed Metro Ethernet network for Pride is also making available
services such as IPTV with video on demand; VoIP; and high-speed
Internet access.

For homes in Nizhnevartovsk (population 249,000) this is the first
time that such high-speed Internet services have been offered. The
Pride 'Ethernet to the Home' service offers speeds up to 100 Mbps
for residential and business subscribers.

Pride plans to use its new high-speed communication capabilities
to build a subscriber base of at least 30 percent of
Nizhnevartovsk's population by the end of 2006. Future plans involve
extending the network and offering triple play services in other
areas of West Siberia such as the city of Tyumen which has a
population of over 538,000.

"Pride selected Nortel because its technology helped us create a
single network infrastructure for delivering reliable and
high-quality voice, video and data services that sharpen our
competitive edge in an important Russian regional market," said
Viktor Lukashev, general manager Pride LLC. "The built- in
flexibility for network expansion also allows us to easily and cost-
effectively introduce services and expand the Pride subscriber base
across the Khanty-Mansiysk and Tyumen regions of West Siberia."

"Pride sets a good example for how to maintain a competitive edge
in Russia's regional telecommunications space using a Nortel Metro
Ethernet solution. The solution has transformed Pride's existing
network to deliver faster and more efficient new services," said
Sorin Lupu, president, Eastern region, Nortel EMEA. "The Nortel high
availability pledge for Metro Ethernet networks also reassured Pride
that these new services can be delivered with confidence."

Pride's Metro Ethernet network was sold and integrated with the
support of Nortel's Moscow-based Sales Partner Step Logic. Nortel
and Step Logic have worked together in the Russian market since the
mid-1990s. "The Pride triple play network is the latest successful
result in our ongoing collaboration with Nortel in Russia," said
Andrey Kudriavtsev, general manager, Step Logic.

The Pride triple play network is based on Nortel's Metro Ethernet
portfolio, including the Metro Ethernet Routing Switch 8600 and the
Metro Ethernet Service Unit 1800 which provides a cost-effective
platform purpose - built for the edge of provider networks.

MOSCOW, Russia, June 26 /PRNewswire/ --

About Nortel

MOSCOW, Russia, June 26 /PRNewswire/ --

Nortel is a recognized leader in delivering communications
capabilities that enhance the human experience, ignite and power
global commerce, and secure and protect the world's most critical
information. Our next- generation technologies, for both service
providers and enterprises, span access and core networks, support
multimedia and business-critical applications, and help eliminate
today's barriers to efficiency, speed and performance by simplifying
networks and connecting people with information. Nortel does
business in more than 150 countries. For more information, visit
Nortel on the Web at www.nortel.com. For the latest Nortel news,
visit www.nortel.com/news.

MOSCOW, Russia, June 26 /PRNewswire/ --

Certain statements in this press release may contain words such as
" could", "expects", "may", "anticipates", "believes", "intends",
"estimates ", "plans", "envisions", "seeks" and other similar
language and are considered forward-looking statements or
information under applicable securities legislation. These
statements are based on Nortel's current expectations, estimates,
forecasts and projections about the operating environment, economies
and markets in which Nortel operates. These statements are subject
to important assumptions, risks and uncertainties, which are
difficult to predict and the actual outcome may be materially
different. Further, actual results or events could differ materially
from those contemplated in forward- looking statements as a result
of the following (i) risks and uncertainties relating to Nortel's
restatements and related matters including: Nortel's most recent
restatement and two previous restatements of its financial
statements and related events; the negative impact on Nortel and NNL
of their most recent restatement and delay in filing their financial
statements and related periodic reports; legal judgments, fines,
penalties or settlements, or any substantial regulatory fines or
other penalties or sanctions, related to the ongoing regulatory and
criminal investigations of Nortel in the U.S. and Canada; any
significant pending civil litigation actions not encompassed by
Nortel's proposed class action settlement; any substantial cash
payment and /or significant dilution of Nortel's existing equity
positions resulting from the finalization and approval of its
proposed class action settlement, or if such proposed class action
settlement is not finalized, any larger settlements or awards of
damages in respect of such class actions; any unsuccessful
remediation of Nortel's material weaknesses in internal control over
financial reporting resulting in an inability to report Nortel's
results of operations and financial condition accurately and in a
timely manner; the time required to implement Nortel's remedial
measures; Nortel's inability to access, in its current form, its
shelf registration filed with the United States Securities and
Exchange Commission (SEC), and Nortel's below investment grade
credit rating and any further adverse effect on its credit rating
due to Nortel's restatements of its financial statements; any
adverse affect on Nortel's business and market price of its publicly
traded securities arising from continuing negative publicity related
to Nortel's restatements; Nortel's potential inability to attract or
retain the personnel necessary to achieve its business objectives;
any breach by Nortel of the continued listing requirements of the
NYSE or TSX causing the NYSE and/or the TSX to commence suspension
or delisting procedures; (ii) risks and uncertainties relating to
Nortel's business including: yearly and quarterly fluctuations of
Nortel's operating results; reduced demand and pricing pressures for
its products due to global economic conditions, significant
competition, competitive pricing practice, cautious capital spending
by customers, increased industry consolidation, rapidly changing
technologies, evolving industry standards, frequent new product
introductions and short product life cycles, and other trends and
industry characteristics affecting the telecommunications industry;
any material and adverse affects on Nortel's performance if its
expectations regarding market demand for particular products prove
to be wrong or because of certain barriers in its efforts to expand
internationally; any reduction in Nortel's operating results and any
related volatility in the market price of its publicly traded
securities arising from any decline in its gross margin, or
fluctuations in foreign currency exchange rates; any negative
developments associated with Nortel's supply contract and contract
manufacturing agreements including as a result of using a sole
supplier for key optical networking solutions components, and any
defects or errors in Nortel's current or planned products; any
negative impact to Nortel of its failure to achieve its business
transformation objectives; additional valuation allowances for all
or a portion of its deferred tax assets; Nortel's failure to protect
its intellectual property rights, or any adverse judgments or
settlements arising out of disputes regarding intellectual property;
changes in regulation of the Internet and/or other aspects of the
industry; Nortel's failure to successfully operate or integrate its
strategic acquisitions, or failure to consummate or succeed with its
strategic alliances; any negative effect of Nortel's failure to
evolve adequately its financial and managerial control and reporting
systems and processes, manage and grow its business, or create an
effective risk management strategy; and (iii) risks and
uncertainties relating to Nortel's liquidity, financing arrangements
and capital including: the impact of Nortel's most recent
restatement and two previous restatements of its financial
statements; any inability of Nortel to manage cash flow fluctuations
to fund working capital requirements or achieve its business
objectives in a timely manner or obtain additional sources of
funding; high levels of debt, limitations on Nortel capitalizing on
business opportunities because of credit facility covenants, or on
obtaining additional secured debt pursuant to the provisions of
indentures governing certain of Nortel's public debt issues and the
provisions of its credit facilities; any increase of restricted cash
requirements for Nortel if it is unable to secure alternative
support for obligations arising from certain normal course business
activities, or any inability of Nortel's subsidiaries to provide it
with sufficient funding; any negative effect to Nortel of the need
to make larger defined benefit plans contributions in the future or
exposure to customer credit risks or inability of customers to
fulfill payment obligations under customer financing arrangements;
any negative impact on Nortel's ability to make future acquisitions,
raise capital, issue debt and retain employees arising from stock
price volatility and further declines in the market price of
Nortel's publicly traded securities, or any future share
consolidation resulting in a lower total market capitalization or
adverse effect on the liquidity of Nortel's common shares. For
additional information with respect to certain of these and other
factors, see Nortel's Annual Report on Form 10- K/A, Quarterly
Report on Form 10-Q and other securities filings with the SEC. Unless
otherwise required by applicable securities laws, Nortel disclaims
any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.

MOSCOW, Russia, June 26 /PRNewswire/ --

(x)Nortel, the Nortel logo and the Globemark are trademarks of
Nortel Networks.

MOSCOW, Russia, June 26 /PRNewswire/ --

Use of the terms "partner" and "partnership" does not imply a
legal partnership between Nortel and any other party.

ots Originaltext: Nortel Networks
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For further information: Greta Brown, +44-(0)1628-432968,
gretab@nortel.com; Bo Gowan, +972-685-8278, bogowan@nortel.com


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