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Verizon Wireless Deploys Nortel Gear

LAS VEGAS -- Verizon Wireless, the nation's largest wireless carrier, has deployed wireless network infrastructure equipment from Nortel Networks (NYSE:NT) (TSE:NT.) in Las Vegas and San Diego, the companies announced today. Part of an estimated US$500 million supply agreement for wireless and optical equipment announced last year, this new infrastructure is expected to provide additional features, increased digital capacity and improved reliability. Trials have already been completed, and the networks are already carrying live voice traffic in both cities. Both networks are designed to support evolution to third generation (3G) cdma2000 1XRTT, which Verizon Wireless plans to begin deploying later this year. With 1XRTT, the Las Vegas and San Diego networks will be capable of moving data at rates up to 144 kilobits per second (kbps), 10 times faster than generally available today.

"Verizon Wireless is dedicated to offering its customers the best quality network in the industry," said Ed Salas, vice president, network planning, Verizon Wireless. "The new network capabilities in San Diego and Las Vegas will help us to offer leading edge, cost-effective services to our customers and at the same time prep the network for 3G services."

http://www.verizonwireless.com
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optinuts 12/4/2012 | 8:42:08 PM
re: Verizon Wireless Deploys Nortel Gear fanfare,
thats just speculation. it doesn't explain why nortel got coverage for a 500M contract and lucent didn't even get mention for a 5B contract.
LR doesn't feel it owes an answer to this question. maybe the sites running on autopilot while scotts in anaheim.
fanfare 12/4/2012 | 8:42:04 PM
re: Verizon Wireless Deploys Nortel Gear I agree with you regarding LR's coverage. My response was to birdrieking's comments on LU.

Speculation on LU vs NT? Speculation based on the information we gather .. is all any of us can do. Like I said .. I use to work for VZ so some of my speculation is based on discussions that I've had with people who are in a position to know.

Think about what has been reported to us on NT over the last 2 yrs in regard to it's tech and market positioning. Think about what has been reported on LU. Do you think these conditions could so drastically and suddenly reverse themselves? I'm not talking about PR spin. I'm talking about what we've been able to verify with numbers and results.

Hey .. I unloaded a bunch of NT after Roth warned. But that doesn't mean I'm not ready to start sleeping with LU.

I'm sure you are as tired of the hype as I am. A company like LU, which had fallen behind in key development areas... mislead investors regarding their outlook .. etc, makes a few moves that allow them to spin some flowery PR ... and ppl suddenly start singing about their beauty and elegance.

Extremes up .. extremes down. Too much emotion .. after a while .. it's annoying.

respectfully,

ff
optinuts 12/4/2012 | 8:42:03 PM
re: Verizon Wireless Deploys Nortel Gear fanfare..thank you for a thought out response.

i've had it with the hype too. i was hoping that if we keep vigilant, this site can meet that objective. by pushing certain companies prospects, they undermine their own reporting. but it hasn't helped anyone's stock price. sycamore is at 11 and counting (down). maybe thats a message for everyone.
opticaltalent 12/4/2012 | 8:41:57 PM
re: Verizon Wireless Deploys Nortel Gear
What are you smoking when you say Lucent is going in the right direction??? Have you seen their stock chart, missed profit earnings, talent lost...they have a CEO right?

You insight on Lucent is a double bogey!!!
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