Nortel Teams up With TELUS to Develop New Multimedia Infrastructure
Vancouver, Canada (ots/PRNewswire)
Nortel(x) (NYSE: NT, TSX: NT) is working with TELUS, a leading Canadian telecommunications company, to integrate advanced multimedia and communications products from across the industry into TELUS' IP services as they emerge.
"TELUS is working closely with Nortel to create a unique communications and entertainment experience for our customers that we call the Future Friendly Home," said Ibrahim Gedeon, chief technology officer, TELUS. "We are building an innovative platform that will provide us differentiated services today and as we move into the future with a converged multimedia-centric infrastructure."
"We are working with TELUS to create an open, standards-based IPTV network that uses best-in-class products from across the industry," added Dietmar Wendt, president, Global Services, Nortel. "Our relationship is strong evidence of how Nortel's world-class technology and systems integration expertise can help service providers successfully design and deploy end-to-end video solutions."
The integration of IP-based multimedia technologies into the TELUS network is important to provide investment protection over the long term. Nortel brings a wealth of SIP-based solutions to the table that is targeted for voice and video convergence as part of this new initiative.
"It was important to find a partner like Nortel who could provide an evolution path to a converged services environment that incorporates IPTV as one of many applications," said Gedeon. "To facilitate the rapid adoption of additional third party applications as they emerge, it is imperative that the environment be open and standards-based."
The TELUS IPTV deployment is the latest investment in an ongoing and significant program that has seen the company invest more than C$1 billion in wireline broadband infrastructure since launching its high speed internet service in 1997.
Nortel is showcasing a live IPTV demonstration at this week's Broadband World Forum in Vancouver, where TELUS is the official host sponsor. Nortel brings to market a comprehensive IPTV solution that is pre-integrated and pre-tested to help ensure deployments of IPTV are reliable, scaleable and secure. Nortel's Global Services for IPTV can accelerate IPTV time-to-revenue by providing a single point-of-contact across all vendors, and a proven methodology that can guide customers from inception to solution, including the entire lifecycle of design, integration, and deployment.
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.
About TELUS
TELUS (TSX: T, T.A; NYSE: TU) is a leading national telecommunications company in Canada, with $8.4 billion of annual revenue and 10.4 million customer connections including 4.7 million wireless subscribers, 4.6 million wireline network access lines and 1.05 million Internet subscribers. The company's strategic intent is to unleash the power of the Internet to deliver the best solutions to Canadians at home, in the workplace and on the move. TELUS provides customers with a wide range of wireline and wireless communications products and services including data, Internet protocol (IP), voice, entertainment and video services. For more information about TELUS, please visit telus.com.
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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.
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Contact:
For further information: Bo Gowan, +972-685-8278, bogowan@nortel.com/