Monday, December 13, 2004

India's BSNL Selects Nortel to Expand GSM/GPRS

Bharat Sanchar Nigam Limited (BSNL), the largest telecommunications company in India, awarded a contract valued at approximately US$500 million to Nortel Networks to expand its GSM/GPRS digital wireless network in the eastern and southern areas of the country. Under the contract, Nortel will deploy an end-to-end GSMand GPRS solution -- including GSM radio base stations, mobile switching centres (MSCs), intelligent networks (IN) and other related equipment.

Commitments to date against the contract represent the majority of the investment and are expected to result in an approximately $0.03 per share cost impact to Nortel's third quarter in 2004.


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