Nortel Networks Ltd. sealed a $2 billion deal with Verizon Wireless today to supply the buildout and upgrade of its CDMA-based network over the next five years. The build will support Verizon’s intentions to deliver high-bandwidth multimedia services such as mobile video and music, high-speed mobile Internet and e-mail.
Verizon Wireless has the option to choose from a wide range of Nortel equipment for growth, enhancement or regular maintenance, the companies said, and the network may make use of IMS-enabled components. Verizon Wireless plans to deploy additional CDMA2000 radio base stations, switching, IP platforms, optical networking solutions and related equipment, with the help of professional services from Nortel. In addition, this agreement builds on the contract announced in July 2006, where Nortel was selected to supply Verizon Wireless with CDMA 1xEV-DO Revision A technology.
"The popularity of Internet services like user-generated videos, online gaming, music and video is driving an explosion in bandwidth demand," said Richard Lowe, president, Mobility and Converged Core Networks, Nortel. "Consumers expect more from their mobile devices than voice communication and text-messaging. Nortel is making it simple for Verizon Wireless to expand its network to meet this demand and to competitively drive new services to market that their customers will enjoy."
Nortel Networks Ltd. www.nortel.com
Verizon Wireless www.verizonwireless.com
