Nortel Launches 100G Solution

TORONTO -- Nortel(1) (OTCBB: NRTLQ) today unveiled the industry's first commercially available 100G solution and announced that Verizon has deployed the solution in their live customer network in Europe.

Nortel's 100G solution uses unique technology that allows service providers to increase the bandwidth of today's typical 10G infrastructure by ten times without the need to rip and replace major parts of the network. This removes a significant cost barrier for today's service providers with constrained CAPEX budgets.

Analyst firm Ovum estimates that global demand for 100G line side DWDM transponders will grow rapidly over the next five years, reaching US$455 million by 2014.

"Nortel's 100G optical solution uses groundbreaking technology that allows service providers to meet the demands that high bandwidth applications like HD video on demand, online gaming and cloud computing are putting on their network," said Philippe Morin, president, Metro Ethernet Networks, Nortel. "Our 100G solution is the result of years of dedicated research and development into this cutting-edge technology, and builds on two decades of innovation leadership in the optical industry."

Nortel Networks Ltd.