4G Innovations to Enhance Subscriber Experience, Speed Delivery of Mobile
Broadband Communications
BOSTON, Oct. 10 /CNW/ - Nortel(x) (NYSE/TSX: NT) today unveiled a new
demonstration of real-time, multimedia IPTV and IMS services over a live
high-speed, 4G WiMAX network. The demonstration, shown at the WiMAX World
trade show in Boston, October 10-12, emphasizes Nortel's expertise in
delivering personalized, advanced IP-based broadband services across any
device - TV, telephone, PDA - and accessed from any network - wireless or
DSL/cable.
Nortel's demonstration shows a variety of ways TVs and other devices can
be used for personalized, high-speed communication and entertainment services
such as broadcast video, video-on-demand, VoIP, instant messaging, gaming and
click to call.
In Nortel's demonstration, an IP television (IPTV) service over a live
high-speed WiMAX connection is used to view and download broadcast TV (via a
four Megabit stream) with integrated electronic program guide. While this is
happening, users are also able to share instant messaging and pictures
captured on screen or from other devices with other viewers. The demonstration
also shows click-to-call capability, enabling viewers to make VoIP calls using
IMS.
"This demonstration is an impressive accomplishment because it
illustrates the potential of delivering advanced broadband services over a
cost-effective WiMAX connection and delivering a communication experience that
is tailored to the users individual likes and preferences," said Phil
Marshall, vice president, Yankee Group. "This would be an ideal deployment
option for a service provider wanting to offer traditional communications
services like voice along with high-quality, bandwidth intensive services like
video to under developed regions and sparsely populated areas where
traditional cable and DSL connections are not available."
"4G Mobile Broadband technologies will usher in the ecosystem to deliver
a host of new applications such as mobile video via IPTV. Today's
demonstration is another example of how we are focused on making
next-generation communications simple and affordable," said George Riedel,
chief strategy officer, Nortel. "To ensure service providers meet the
exploding demand for broadband services with universal anywhere, anytime, any
device capabilities, we are eliminating the traditional barriers that prohibit
businesses and consumers from having true portability across any type of
network."
Nortel's IMS will allow users to access their personal files (address
book, calendar, buddy lists) and web content (web-based news and entertainment
subscriptions and broadcast services) using any IP-based device and with a
single sign-on. Nortel is leveraging its' expertise and leadership position
with more than 500 carrier VoIP deployments to this IMS-enabled application.
WiMAX is the first of the 4G Mobile Broadband technologies based on OFDM
and MIMO to be deployed commercially. Nortel's MIMO-powered WiMAX solution
enables a broad range of ecosystem opportunities - both in services and
devices. It is an ideal access method to support the delivery of high
bandwidth applications such as networked gaming, streamed digital music,
video, videoconferencing, VoIP and other real-time services. In addition,
Nortel's WiMAX solution delivers three to five times the efficiency of today's
commercially deployed 3G cellular networks for wireless data at as little as
one-tenth the cost per bit.
Nortel's IPTV, IMS and WiMAX solutions are some of the most open
implementations in the market. This allows content providers, developers and
service providers to deliver content more easily and effectively because the
open environment helps eliminate the need for different schemes and codes for
each service or application.
About Nortel
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.
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. Although Nortel
believes expectations reflected in such forward-looking statements are
reasonable based upon certain assumptions, they may prove to be inaccurate and
consequently Nortel's actual results or events could differ materially from
its expectations set out in this press release. 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 (including the anticipated delay in filing the Quarterly
Reports on Form 10-Q for the first quarter of 2006) causing them to breach
their public debt indentures and, if the delay extends beyond June 15, 2006,
their obligations under their credit facilities, with the possibility that the
holders of their public debt or NNL's lenders would seek to accelerate the
maturity of that debt, and causing, if the delay extends beyond June 15, 2006,
a breach of NNL's support facility with EDC with the possibility that EDC
would refuse to issue additional support under the facility, terminate its
commitments under the facility or require NNL to cash collateralize all
existing support; 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
restatement 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; any default in Nortel's filing obligations
extending beyond July 15, 2006 for the 2006 First Quarter Form 10-Qs, causing
any Canadian securities regulatory authority to impose an order to cease all
trading in Nortel's securities within the applicable jurisdiction or to impose
such an order sooner if Nortel fails to comply with the alternate information
guidelines of such regulatory authorities; (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 acceleration under their public debt indentures and
credit facilities, which may result in Nortel and NNL being unable to meet
their respective payment obligations; 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 the Company's Annual Report on Form
10-K/A and NNL's Annual Report on Form 10-K 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.
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