Nortel Teams with Construction Firms

Forms alliances with ABB, AMEC, Skanska, Bovis, Fluor to eccelerate network installation

July 19, 2001

1 Min Read

Nortel Networks (NYSE:NT)(TSE:NT.) has formed strategic allianceswith five, internationally recognized engineering and constructionservices firms to accelerate build out of customer networkinfrastructure solutions.

These alliances -- with ABB, AMEC, Skanska, Bovis Lend Lease, andFluor Corporation -- will position Nortel Networks to installwireless, fiber and data networks more quickly, efficiently andcost-effectively.

With aggregate annual revenues of US$56 billion and 350,000employees across 100 countries collectively, these companies willsupport Nortel Networks on projects throughout North America, SouthAmerica, Europe and Asia.

"In the past, we've put significant time into managing numerouslocal suppliers from various regions and countries," said ChahramBolouri, president, Global Operations, Nortel Networks. "Now, bydealing with a smaller number of global companies for infrastructuresolutions, we will be better able to focus on our core competency --delivering high-performance Internet solutions. With their broadglobal presence, financial strength and world-class innovativepractices, we can confidently bring these companies to the customer."

Nortel Networks Corp. (NYSE/Toronto: NT)

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