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Cellular Phone Forum / Providers / Fido / January 2004

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Nortel Order

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AndrewH - 18 Jan 2004 06:34 GMT
Courtesy fo Stockwatch:
Nortel selected by Microcell as GSM, UTMS supplier

Nortel Networks Corp                                                     NT
Shares issued 4,162,163,368                              Jan 15 close $8.29
Fri 16 Jan 2004                                                News Release
Also (MT)
Ms. Jennifer Usrey of Nortel reports
MICROCELL CHOOSES NORTEL  NETWORKS  AS  EXCLUSIVE  CORE  NETWORK  EQUIPMENT
SUPPLIER
Microcell Solutions has chosen Nortel as its  exclusive  supplier  for  GSM
(global  system  for  mobile  communications)  and  UMTS  (universal mobile
telecommunications system) core wireless network equipment until  Dec.  31,
2006,  under  an  amendment to a supply agreement signed in December, 2001.
This amendment represents  a  value  of  approximately  $50-million  (U.S.)
($70-million).
The amendment gives Nortel Networks exclusivity for  provisioning  GSM  MSC
(mobile  switching  centre),  HLR  (home location register) and call server
products. It will also allow deployment of a live third-generation wireless
network,  enabling a service showcase in Montreal using technology based on
the UMTS standard.
"The agreement allows us to unify and  simplify  our  core  infrastructure,
providing  us  with  increased  network  efficiency,"  said  Alain Rheaume,
president and chief operating officer, Microcell Solutions. "This will help
us  deploy  new  services  more rapidly and at lower cost in the future. In
addition, it will provide us with an opportunity to test  and  learn  about
third-generation services at minimal cost."
"This builds on our seven-year relationship with  Microcell,"  said  Pascal
Debon,  president, wireless networks, Nortel Networks. "We will continue to
help position Microcell to drive new revenue  opportunities  by  leveraging
existing   technology   investments  and  delivering  data  offerings  that
end-users want."
Nortel  Networks  has  deployed  80  GSM/GPRS  networks  in  more  than  50
countries,  and  is  supplying  GSM/GPRS  systems  to  enable wireless data
network services for more  than  50  operators  around  the  world.  Nortel
Networks  is  the  industry's  only  supplier  with  wireless data networks
operating in all three advanced technologies -- GSM/GPRS/EDGE, CDMA2000 and
UMTS.  Nortel  Networks  is deploying UMTS globally for a number of service
providers, including Vodafone, mm02, Orange, Telefonica and T-Mobile across
Europe, and AT & T wireless services in the United States.
WARNING:   The   company   relies   upon    litigation    protection    for
"forward-looking" statements.
Pavel - 18 Jan 2004 07:15 GMT
So, ithis means (in english)?

: Courtesy fo Stockwatch:
: Nortel selected by Microcell as GSM, UTMS supplier
[quoted text clipped - 38 lines]
: WARNING:   The   company   relies   upon    litigation    protection    for
: "forward-looking" statements.
root - 18 Jan 2004 07:44 GMT
> So, ithis means (in english)?

Two bankrupt companies are betting on each others' survival.
Pavel - 18 Jan 2004 08:14 GMT
: > So, ithis means (in english)?
:
: Two bankrupt companies are betting on each others' survival.

Oh Oh.
mistaroboto - 18 Jan 2004 19:04 GMT
> > So, ithis means (in english)?
>
> Two bankrupt companies are betting on each others' survival.\

I didn't realize that both these companies are or have been bankrupt? Please
provide pointers to this effect, or shutup :)
JF Mezei - 19 Jan 2004 01:20 GMT
> > Two bankrupt companies are betting on each others' survival.\
>
> I didn't realize that both these companies are or have been bankrupt? Please
> provide pointers to this effect, or shutup :)

Nortel was close to bankrupcy. Microcell went through bankrupcy.
mistaroboto - 19 Jan 2004 02:54 GMT
> > > Two bankrupt companies are betting on each others' survival.\
> >
> > I didn't realize that both these companies are or have been bankrupt? Please
> > provide pointers to this effect, or shutup :)
>
> Nortel was close to bankrupcy. Microcell went through bankrupcy.

Microcell went through Bankruptcy? Again, pointers to the fact that
Microcell 'went through' bankruptcy?
JF Mezei - 19 Jan 2004 03:38 GMT
> Microcell went through Bankruptcy? Again, pointers to the fact that
> Microcell 'went through' bankruptcy?

Between early January and march/april 2003, Microcell was under bankrupcy
protection during major reorganisation. Banks are now the majority owners with
former shareholders having a tiny wincy stake in microcell.

And in case you hadn't heard, so did AT?T Long distance, Air Canada and many
other big guys.

Bankrupcy != liquidation.
AndrewH - 19 Jan 2004 05:22 GMT
Am I not correct in saying Microcell did not actually go bankrupt. They
asked for creditor protection before going bankrupt, and reorganized.

I believe that is not technically being bankrupt.

Andrew

>>Microcell went through Bankruptcy? Again, pointers to the fact that
>>Microcell 'went through' bankruptcy?
[quoted text clipped - 7 lines]
>
> Bankrupcy != liquidation.
JF Mezei - 19 Jan 2004 06:55 GMT
> Am I not correct in saying Microcell did not actually go bankrupt. They
> asked for creditor protection before going bankrupt, and reorganized.
>
> I believe that is not technically being bankrupt.

It is not liquidation. But Microcell did go to bankrupcy court where the
judge, instead of ordering liquidation of company, allowed the creditors to
enact a restructuring plan. Creditors then converted debt into new shares
which represented the vast majority of the company. I think that the prevous
shareholders who owned 100% of the company ended up owning about 1% of the new
company. During the restructuring process, Microcell was controlled by the
bankrupcy court and any big decision had to be approved by the bankrupcy judge.
AndrewH - 20 Jan 2004 04:39 GMT
Yes, I agree with your account of events - but , technically, they were
never bankrupt. As I said, I was nitpicking. Nortel was in almost the
same position, but never went to the courts, just negotiated with big
creditors.

Andrew

>>Am I not correct in saying Microcell did not actually go bankrupt. They
>>asked for creditor protection before going bankrupt, and reorganized.
[quoted text clipped - 8 lines]
> company. During the restructuring process, Microcell was controlled by the
> bankrupcy court and any big decision had to be approved by the bankrupcy judge.
JF Mezei - 18 Jan 2004 10:01 GMT
> So, ithis means (in english)?

Agreed. I am somewhat confused between UMTS, EDGE and WCDMA.

I know that GPRS piggybacks onto GMS (2G network making it 2.5G).

But what exactly is a 3G network for GSM operators and what is the equivalent
of GPRS ?

And more importantly, do the 3G handsets currently available in limited
numnbers in europe support both 3G and 2.5G GSM ? or are they restricted only
to areas where there is 3G coverage ?
Mikelats - 18 Jan 2004 19:26 GMT
You can use current 3G handsets on 900/1800/WCDMA networks but, as far as I
know, the only companies that are selling them are the ones that have 3G
licenses. I saw one of those companies in Italy (unfortunately I don't
remember its name) but the handsets they're selling are huge and ugly;
reminiscent of the first cell phones...

> > So, ithis means (in english)?
>
[quoted text clipped - 8 lines]
> numnbers in europe support both 3G and 2.5G GSM ? or are they restricted only
> to areas where there is 3G coverage ?
Nobody - 20 Jan 2004 07:22 GMT
Nokia has one model that is 1800/900/WCDMA, the Nokia 7600:

http://www.nokia.com/nokia/0,,43867,00.html

> You can use current 3G handsets on 900/1800/WCDMA networks but, as far as I
> know, the only companies that are selling them are the ones that have 3G
[quoted text clipped - 16 lines]
> only
> > to areas where there is 3G coverage ?
Sam - 20 Jan 2004 07:55 GMT
So, which country uses WCDMA?

: Nokia has one model that is 1800/900/WCDMA, the Nokia 7600:
:
[quoted text clipped - 21 lines]
: > only
: > > to areas where there is 3G coverage ?
 
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