Asia Track
Nortel Named Asia's VoIP Vendor of the Year for 2009
HONG KONG, CHINA--(Marketwire - Dec. 14, 2009) - Nortel* (OTCBB:NRTLQ) Carrier VoIP and Application Solutions (CVAS) has been named VoIP Network Vendor of the Year in theTelecom Asia Readers' Choice Awards. This recognition reinforces Nortel's long-standing leadership in the global carrier VoIP and softswitch market, a position Nortel has maintained since 2002, according to industry analyst firm Dell'Oro Group.
Nortel CVAS received the VoIP Network Vendor of the Year award for its industry-leading Carrier VoIP portfolio, which has been successfully deployed by leading service providers worldwide to help generate new revenue streams, improve subscriber loyalty, and reduce network costs.
Telecom Asia Readers' Choice Awards recognize the technology innovations and contributions to the industry made by top telecommunications vendors operating across Asia. Nominations for 22 categories were open to analysts, consultants and high-level telco executives in September. A total of 56 telecom insiders submitted more than 1,150 nominations.
"Nortel is the clear leader in carrier VoIP as evidenced by their success in providing carrier-grade solutions to leading operators around the world. Our readers recognized this long-held position in this year's awards, after analysts shortlisted Nortel for its innovation, market share and continued customer momentum in the space," said Joseph Waring, group editor of Telecom Asia.
"Nortel is honored to have been named VoIP Network Vendor of the Year," said Samih Elhage, president, CVAS, Nortel. "This award is a reflection of our relentless focus to meet customer commitments and help service provider around the globe to deploy next-generation carrier VoIP solutions that can increase service provider revenues and enhance network capacity while delivering advanced SIP capabilities to end users."
Nortel continues to lead the global Carrier VoIP market according to Dell'Oro Group, Infonetics Research and Synergy Research. All three leading analyst firms' recently published reports rank Nortel as the global leader with the largest revenues in the carrier IP market for the third quarter of 2009.
Nortel has a strong track record of success in the Carrier VoIP space. Nortel has shipped more than 118 million Carrier VoIP and Multimedia ports, including over 10 million SIP lines to leading wireline and wireless carriers globally – including major service providers across Asia Pacific such as Chunghwa Telecom, Hong Kong Broadband Networks, LG Dacom, Maxis and Optus. Nortel CVAS has consistently ranked as the number one supplier in the carrier VoIP market since 2002.
About Telecom Asia
Telecom Asia is Asia's largest regional telecom publishing group. It publishes the magazines Telecom Asia, Wireless Asia, and Charged and the Website www.telecomasia.net, aimed at telecommunications professionals around the region. Combined, these titles serve more than 100,000 subscribers. For more information, see: http://www.telecomasia.net. For more information on the awards, see http://www.telecomasia.net/readerawards2009.
About Nortel
Nortel is a recognized leader in delivering communications capabilities that make the promise of Business Made Simple a reality for our customers. Our next-generation technologies, for both service provider and enterprise networks, support multimedia and business-critical applications. Nortel's technologies are designed to help eliminate today's barriers to efficiency, speed and performance by simplifying networks and connecting people to the information they need, when they need it. Nortel does business in more than 150 countries around the world. For more information, visit Nortel on the Web atwww.nortel.com. For the latest Nortel news, visit www.nortel.com/news.
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 from those contemplated in forward-looking statements. For additional information with respect to certain of these and other factors, see Nortel's Annual Report on Form10-K, 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.
*Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks.
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