March 17, 1998
|Media contacts:||Ells Edwards|
NEW YORK -- Bell Atlantic and Nortel (Northern Telecom) have signed a multi-year agreement to modernize Bell Atlantic's advanced telecommunications network using Nortel's advanced DMS switching equipment and software. This new technology will help Bell Atlantic better meet customer needs for new products and advanced services.
The agreement, valued at more than $240 million, includes Nortel's DMS SuperNode processor upgrades, DMS Enhanced Networks and Primary Rate ISDN (Integrated Services Digital Network) hardware and software. The agreement also provides Bell Atlantic with the flexibility to license and deploy software features to its customers more rapidly and cost effectively in increasingly competitive telecommunications markets.
"We're building a public telecommunications network that is dramatically more reliable and flexible, and offers more features than ever before," said Paul Lacouture, Bell Atlantic vice president of Technology and Engineering. "With the new Nortel equipment Bell Atlantic will be installing throughout the Mid-Atlantic region, we can more efficiently deliver new services such as Primary Rate ISDN."
"Bell Atlantic is meeting the challenges of the new marketplace - to deliver high quality products and services to its customers who are some of the most sophisticated subscribers in the world," said Steve Schilling, GroupVice President, Major Accounts, Nortel. "Nortel is proud to be part of Bell Atlantic's efforts to build a network that can support a more robust mix of products while reducing operating costs."
Nortel had total 1997 revenues of $15.5 billion and has approximately 73,000 employees worldwide.
Bell Atlantic - formed through the merger of Bell Atlantic and NYNEX - is at the forefront of the new communications and information industry. With 40.5 million telephone access lines and six million wireless customers worldwide, Bell Atlantic companies are premier providers of advanced wireline voice and data services, market leaders in wireless services and the world's largest publishers of directory information. Bell Atlantic companies are also among the world's largest investors in high-growth global communications markets, with operations and investments in 21 countries.