Nortel Wins VTR Contract

VTR selects Nortel Networks for cable voice over IP solution in Chile

May 18, 2004

1 Min Read

SANTIAGO, Chile -- VTR, one of the main broadband Internet providers in Chile and an affiliate of Liberty Media, has selected Nortel Networks (NYSE:NT)(TSX:NT) to deliver and implement a cable voice over Internet Protocol (VoIP) network to provide telephony services to residential customers throughout Chile.

Currently providing cable telephony and other broadband services in Chile, VTR will use Nortel Networks VoIP solution to extend service to cities it has not been able to reach before and where consumers don't have access to alternative services. As part of VTR's service offering, customers in Chile will also be able to keep their existing phone number when they move anywhere within the VTR network.

VTR is currently undertaking trials of IP Telephony services in Gran Santiago and plans to commercially launch the network in the Metropolitan Area by the end of 2004. VTR expects to gradually expand the network to the rest of the country in early 2005.

"VTR is always responsive to the Chilean market demands and it's our objective to always deliver the most advanced services to our customers," said Hernan Benavides, engineering manager, VTR. "IP Telephony allows delivery of a service that is equal or superior to traditional telephony standards in terms of quality, while providing the possibility of new and innovative applications."

"As one of the main providers of next generation networks in the Latin American region, Nortel Networks delivers solutions that position innovative operators like VTR to offer advanced services, improve network performance and reduce operating costs," said Manuel Terrero, vice president, Wireline Networks, Caribbean and Latin America, Nortel Networks.

Nortel Networks Ltd.

VTR

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