Cellular Phone Forum / Providers / Fido / January 2004
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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