Nortel Networks

Nortel Opens Asia Network Management Center in India

    New Delhi, India (ots/PRNewswire) -

    - Center Helps Customers Focus Resources on Business, Not Networks

    Nortel(x) (NYSE: NT , TSX: NT) has enhanced its ability to help enterprises, service providers and cable operators worldwide focus resources on their business rather than their networks with the opening of  a new customer network management center in Asia.

    Nortel's Asia Network Management Center in New Delhi, India joins similar facilities in London and Raleigh, N.C. to provide network management, technology transformation and hosted application services for  multi-vendor, multi-technology telecommunications networks serving both  local and multi-national companies. These services are designed to take the  worry out of networks by optimizing performance, efficiency, reliability,  security and cost.

    "This new center plays a critical role in differentiating Bharti Airtel from our competition, delighting our customers, and making our business model cost-effective," said Dr. Jai Menon, director, IT and Innovation, Bharti Airtel.

    Bharti Airtel, India's leading provider of telecommunications services , uses hosted contact center services and an interactive voice response ( IVR) solution from Nortel to provide customers with a virtual, multilingual  storefront for ordering new services and completing routine transactions -  all managed from the Asia Network Management Center.

    "With Nortel minding the store 24/7, our customers can be assured that  we're always open and always available to respond to their needs," Menon  said. "It's this kind of support that allows us to control our costs while  focusing on the customer-facing aspects of our business."

    "There's tremendous opportunity for cost savings and improved efficiency and performance through remote operation and management of networks and applications," said Michael Pangia, president, Asia, Nortel. " With our extensive Global Services portfolio and the opening of our new  Asia Network Management Center, we now have the global scale to help our  customers capitalize on this opportunity virtually anywhere in the world."

    Nortel's Global Services include a full range of network application,  implementation and support services for end-to-end multi-vendor networks.

    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 For the latest Nortel news, visit

    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 approval of its proposed class action settlement; 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, including completion of the sale of its UMTS  access business to Alcatel-Lucent; 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 support 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 support facility; 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 the 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 Reports 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.

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

ots Originaltext: Nortel Networks
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