Nortel Networks

Nortel Wireless Network to Help Improve Safety and Efficiency for Indian Railways

    Mumbai, India (ots/PRNewswire) -

    - GSM-R Network Contract Largest in India to Date

MUMBAI, India, September 19 /PRNewswire/ --

    Indian Railways will use wireless railway communications technology  from Nortel(x) (NYSE/TSX: NT) to help improve the safety and efficiency on  one of the most important and busiest rail arteries in India's most  populous state, Uttar Pradesh.

    The Nortel GSM-R network will provide highly sophisticated wireless  communications along the 751-km, 90-station line connecting the major Uttar  Pradesh industrial and business centers of Ghaziabad and Mugalsarai. The  wireless system will be used to connect train conductors, on-board crew,  train dispatchers, station personnel and other operations groups, such as  those responsible for attaching and separating rail cars at station yards.

    This Uttar Pradesh signaling and communications contract is the largest  of its type awarded by Indian Railways to date as part of the modernization  of its national railway infrastructure. The contract was secured by a  regional consortium consisting of Ansaldo Signal, its Asia Pacific  subsidiary Union Switch & Signal, MR Trading and Leighton Asia (Southern)  Limited. Nortel was selected by Leighton to provide the GSM-R network. This  is Nortel's second such contract in India. Nortel was previously chosen as  sole provider of a GSM-R solution to Eastern Railway of West Bengal.

    "Nortel has established a global leadership position in GSM-R, and a  strong position in the Indian telecommunications marketplace, and these  were significant factors in our selecting Nortel's GSM-R technology for  this important Indian Railways contract," said David Savage, managing  director, Leighton Asia (Southern) Limited.

    "Our industry-leading GSM-R solution will help Indian Railways improve  safety along this strategic rail line as well as contribute to enhancing  train operational efficiency," said Graham Richardson, vice president and  general manager, GSM, Nortel. "Nortel is committed to providing railway  operators around the world with carrier-grade mobile communications  networks and innovative solutions that boost railway efficiency, both in  transporting passengers and in carrying freight."

    "This is a significant win for Nortel and demonstrates our continued  commitment to India," said Malur Narayan, vice president, Carrier Networks,  India, Nortel. "As India's fourth largest state, Uttar Pradesh is home to  16.4 percent of our 1.03 billion people, and the Ghaziabad-Mugalsarai rail  link plays a vital role in the state's social and economic prosperity and  wellbeing.

    Nortel is a world leader in GSM-R technology and has been selected to  deploy GSM-R networks in three continents and ten countries. In Asia,  Nortel GSM-R customers include Eastern Railway in India and China's  Ministry of Railways, with GSM-R switching centers along passenger lines  spanning 20 of China's 31 provinces. Nortel was also chosen for national  deployments by the three largest railway operations in Europe - RFF in  France, Network Rail in Great Britain and Deutsche Bahn in Germany.  Recently, the Nortel solution was also selected for the initial phase of  Africa's first GSM-R project by Algerian Railways operator SNTF.

    Nortel has been a pioneer in the GSM-R standards process since 1992,  and works with Union Internationale des Chemins de Fer (UIC) and the Europe  Telecommunications Standards Institute (ETSI) on standards improvements.  Nortel supplied equipment for the initial Mobile Radio for Railways  Networks in Europe (MORANE) trial and was a major contributor to the  European Integrated Railway Radio Enhanced Network (EIRENE) GSM-R standard.

MUMBAI, India, September 19 /PRNewswire/ --

    About Nortel

MUMBAI, India, September 19 /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.

MUMBAI, India, September 19 /PRNewswire/ --

    Certain statements in this press release may contain words such as " could", "expects", "may", "anticipates", "believes", "intends", "estimates ", "targets", "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; the  sufficiency of recently announced restructuring actions, including the  potential for higher actual costs to be incurred in connection with these  restructuring actions compared to the estimated costs of such actions and  the ability to achieve the targeted cost savings and reductions of Nortel's  unfunded pension liability deficit; 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.

MUMBAI, India, September 19 /PRNewswire/ --

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

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

Contact:
For further information: Shubhra Chadda, +91-80-6627-8202,
shubhra@nortel.com



Weitere Meldungen: Nortel Networks

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