Nortel has shaped the evolution ofcommunications for more than acentury. With customers in more than150 countries, Nortel solutions powerthe globe’s top 25 service providernetworks, serve as the foundations ofworld economies and financial centers,and drive communications that enrichrural and underdeveloped regions acrossthe globe.

From design, installation and launch ofnew networks, to the upgrade, supportand management of existing systems,Nortel’s portfolio of solutions is one ofthe most comprehensive in the industry.Customers around the world trust theircommunications to Nortel because of its experienced team focused on our

Business Made Simple approach,designed to reduce the complexity ofcommunications for our customers.

Our Customers

Nortel supports some of the world’slargest and most successful publicnetwork carriers, including wireline,wireless and cable operators. We alsoprovide solutions to newly establishedand growing service providers inemerging markets throughout theworld. Our enterprise customers includesmall, medium and large businesses and

institutions spanning multiple marketsectors, including government, industry,financial services, health care, education,hospitality and retail.

Our Products and Services

Nortel delivers hardware and softwaresolutions designed to improve the wayconsumers and businesses communicate— reducing complexity, increasingproductivity and making communica-tions more cost effective. Nortel alsooffers the professional services that busi-nesses and service providers need tosimplify the design and delivery ofcommunication services. Driving thetransformation of today's networks,Nortel is investing in a variety ofinnovative technologies focused in theareas of 4G broadband wireless, Carrier

Ethernet, optical, next-generation serv-ices and applications, unified communi-cations and secure networking.

Our Mission

Nortel’s purpose is clear — create a high-performance 21st-century communica-tions company driven by empoweredemployees with a passion for delightingcustomers and driving business results.Implicit in this is an unyielding commit-ment to leverage innovative technologyto solve problems and create opportuni-ties for our customers. We call thispromise Business Made Simple. It isNortel’s mission. It is not a slogan ortagline. It is the philosophy that is fastbecoming the way Nortel builds anddeploys products and solutions, servescustomers and conducts business.

Corporate Backgrounder

Nortel’s Story: Business Made Simple

NORTEL:SERVING 9 OUT OF EVERY 10

FORTUNE 500 COMPANIES

The communications industry is at anhistoric turning point represented by the intersection of three mega-trends:hyperconnectivity, communications-enabled applications, and true broad-band. Customer and consumer demandfor seamless “connectedness” all the time,anywhere, on any device is driving thesetrends. They also present our industrywith a challenge and an opportunity asbig as those we saw in the 1990s with thefiber, Internet and wireless revolutionsand in the 1980s with the digital trans-formation of communications.

Hyperconnectivity

A trend in which anything that can be connected to the network, will beconnected — encompassing person-to-person communication, person-to-machine and machine-to-machine.Hyperconnectivity is fueling hugeincreases in bandwidth demand becauseof the complexity, diversity and integra-tion of new applications and devicesusing the network. The complexitycreated by this explosion of devices and machine-to-machine traffic on thenetwork is a challenge that businesseswill have to face and solve.

Communications-Enabled

Applications

The second mega-trend is that ofcommunications enabling all applica-tions to create a much richer communi-cations experience and more productiveenterprise. Nortel believes this willcreate significant new opportunities atalmost every turn. Nortel is partneringwith companies like Microsoft, IBMand SAP to bring together the richnessof new IT applications with the powerof the telecom world.

True Broadband

A quality communications experienceanywhere, anytime on any device. Withthe exponential growth of informationand applications crossing the network,the network itself must be upgraded tosupport the new high-bandwidthrequirements. It will become essentialfor example, for people to be able to doon their mobile devices what they nowdo on their PCs, including the capa-bility to view video. And this requiresinstant, always-available, high-speedaccess to the Internet — everywhere.

Of these trends, hyperconnectivity is the catalyst that is laying the foundationfor change and for a new era in thecommunications world. By 2010,Nortel estimates there will be 10 devicesconnected to the network for everyperson using them and the network will need to support five billionconnection points.

In short, we are moving toward an erawhere anything that can be connectedand would benefit from beingconnected will be connected. Nortel’sstrategic direction across our business— R&D, marketing, customer service,choice of strategic partners, and mergersand acquisitions — is focused onmaking it simple and profitable for ourcustomers to capitalize on this turningpoint and make these connections.

2

Nortel’s Vision: Hyperconnectivity

“HYPERCONNECTIVITY WILL BE TO

COMMUNICATIONS WHAT THE INTERNET

WAS FOR INFORMATION.”

— MIKE ZAFIROVSKI, REUTERS, MAY 10, 2007

It has become clear that Nortel’s innova-tive spirit and deep understanding ofnetworking resonates with customerswho need a truly global partner — apartner that can create solutions thatgive them a competitive advantage.

Nortel’s relevance to its customers andability to enable customers to achievetheir goals is what fuels the company’sgrowth, both long and short-term. Withthe understanding of the industry’s threemega-trends and a commitment todelivering Business Made Simple, weput in place the three strategic impera-tives that will drive Nortel’s future.

Transformed Enterprise

Tomorrow’s enterprise will be a virtualenterprise. Businesses are moving outsidetheir traditional four walls and we areabout to see a dramatic increase in virtu-alization across all fronts. Nortel is trans-forming the enterprise with unifiedcommunications that bring together IP telephony, real-time multimedia,mobile and fixed desktops, and businessprocess integration to eliminate delaysthat impact personal, workgroup andenterprise productivity. Nortel has putin place a broad ecosystem of alliancesand partners, including game-changingwork with Microsoft and IBM, to givecustomers the quickest, simplest, mostflexible, and most cost-effective journeyto transform their enterprise.

Mobility and Convergence

Mobility and convergence are our focus— enabling our customers to deliverwireless broadband today. It allowscustomers to move their networks towardthe kind of IP-based infrastructure thatwill enable them to benefit from newrevenue-generating services and controlthe costs of their network infrastructure.Cost-effective, next-generation networkswill be access agnostic, their effectivenessnot dependent on what device isconnecting to them. The next-generationof mobility will be driven by 4G in thecarrier space. Wireline and wirelessnetworks will converge around an IPplatform.

Services and Solutions

Services and solutions are the essence ofBusiness Made Simple. Hyperconnectivitywill place enormous stress on operatorsand enterprises to ensure their networksare deployed, managed and evolved tosupport the increased capacity andcomplexity — and to do so whilecontaining costs. Leveraging Nortel’sGlobal Services team allows customersto concentrate on their core businessesand acquire Nortel’s expertise in plan-ning, building and operating hypercon-nected networks.

3

Nortel’s Focus: A Three-Pronged Approach

NEXT-GENERATION NETWORKS

WILL BE DRIVEN BY 4G

4

Federación Nacional de

Cafeteros de Colombia

The Federación Nacional de Cafeterosde Colombia, whose Juan Valdez® logorepresents the face of 100% Colombiancoffee to the world, provides value toover 500,000 coffee farmers by gettingthem the best price for their product.The Federation — always innovating toserve their clients more efficiently —needed a better way to communicatewith the farmers from rural communi-ties all over Colombia. Working withPro-cibernética S.A., a Nortel AdvantagePartner, we provided an advanced callcenter that delivers a more personalizedcustomer experience through multi-language advanced speech capabilities.This is the power of the transformedenterprise.

BT

In 2006, BT chose from our game-changing mobility and convergenceportfolio with the selection of theEthernet Provider Backbone Transport(PBT) solution for its 21st CenturyNetwork . We fully evaluated their busi-ness needs and collaborated closely withthem over several years to deliver theinnovative solution that is expected todrive a radical change in the economicsof carrier networks.

Rolls-Royce

Rolls-Royce will transform its telephoneinfrastructure into one advancednetwork providing IP telephony servicesbased on Nortel technology. Rolls-Roycehas said Nortel’s greatest asset was ourability to deliver a single global offeringincluding full lifecycle services to alltheir locations. Our solution willinclude design, integration and deploy-ment as well as network managementand maintenance services.

The New York Times

When The New York Times Companyopens its new headquarters, state-of-the-art technology from Nortel will give itsemployees a range of options for stayingconnected to breaking news stories,readers, advertisers and business affili-ates. The Times Company selectedNortel’s integrated communicationssolution for its new headquarters inTimes Square. This will include NortelIP phones, VoIP, unified messaging,contact center, data and security solu-tions to be provided through a Nortelchannel partner.

These and other marquee customerwins, including The EconomistGroup, Kodak and Shanghai Telecom,to name a few, underscore how Nortel’sspirit of innovation, dedication tounderstanding customers’ needs, andexpertise in 21st century communica-tions are delivering customer valuethrough focus on the transformed enter-prise, mobility and convergence, andservices and solutions.

Nortel’s Momentum: World-Class Customers

BT CHOOSES NORTEL’S PBT

FOR 21ST CENTURY NETWORKROLLS-ROYCE

TRANSFORMS GLOBAL

TELEPHONY SERVICES

MARQUEE CUSTOMERS

UNDERSCORE SPIRIT

OF INNOVATION

5

Leading Portfolio

of Solutions

Nortel has deep and broad expertisespanning optical, wireless, voice, multi-media and packet networking, as well asthe services to support each. Customersand industry leaders come to Nortel fora vision of the future of networks andthe enabling technologies. Our solutionsare designed to leverage today’s networkswhile providing cost-effective evolution to the networks of tomorrow.

Sophisticated Know-How

Spanning Multiple

Technologies

Nortel’s expertise in deploying voice,data, wireline and wireless technologiesfor the world’s leading operators andenterprises gives us unique, intrinsicknowledge across networking technolo-gies. As the industry’s networksconverge, we will leverage our broadexperience to eliminate inefficienciesand create opportunities for customers,while delivering cost effective and seam-less ways to transition legacy infrastruc-tures and enable new services.

Services

Nortel has deep services capabilities forthe design and engineering of end-to-endnetworks, integration and interoperabilitytesting, optimization of network compo-nents, provision of support processes —as well as outsourcing for ongoing oper-ation of the entire system. We currentlymanage 85+ networks for Carrier andEnterprise customers globally.

Security

Nortel helps governments, businessesand individuals stay ahead of threats including hacker intrusion,worms, and denial of service attacks byprotecting personal information and bydelivering enhanced network manage-ment capabilities. We fold security intoour solutions with deep-packet inspec-tion technologies, and have partneredwith Symantec to provide next- genera-tion solutions for defense against a widevariety of threats from the core of thenetwork all the way through thedesktop.

Government & Federal

Solutions

Nortel’s focus on secure and reliablenetworking makes it particularly suitedto government and defense interestsworldwide. Nortel has a large installedbase with the U.S. government with3,000+ systems deployed. With theacquisition of PEC Solutions, Nortel ispositioned to accelerate and to competemore fully and openly for governmentbusiness.

Nortel’s Solutions: Today and into the Future

� END-TO-END BROADBAND SOLUTIONS

� WIRELESS BROADBAND

� MULTIMEDIA SERVICES AND SOLUTIONS

� VoIP

6

Nortel has long been a technologypowerhouse with an unparalleled historyof innovation in the design, develop-ment, and deployment of products,systems, and solutions that have helpedshape the very nature of moderncommunications. This innovation hascome through ground-breaking tech-nology advances — many of themindustry firsts — in such fundamentaltechnologies as digital, optical, wireless,IP, VoIP, broadband, multimedia, andEthernet.

Through its internal R&D initiativesand external R&D partnerships, Nortelcontinues to invest in the technologiesthat address its customers’ needs toreduce operating and capital expenses,transition gracefully to next-generationnetworks, and deploy new revenue-generating, differentiated services thatenhance the user experience.

Most of Nortel’s R&D employees —about one-third of the company — arelocated in key centers of R&D excel-lence around the world. This network ofR&D labs provides proximity to strategicmarkets and the reach required to serveNortel’s global customer base. Today, themajority of these resources are focused onsoftware development, which reflectstoday’s reality that the majority of differ-entiation and value is found in servicesand applications. Nortel also continues toinvest in custom hardware for competi-tive differentiation or when needed tech-nologies or products are not availablecommercially.

Nortel’s breadth of R&D investment intechnology innovation is reflected in thecompany’s patent portfolio. A strongpatent portfolio is not only essential forprotecting the Company’s position but

also for staking its claim in the future.Nortel’s patent portfolio extends acrosswireline, wireless, datacom, enterprise,and optical technologies. These patentscover standards-essential, standards-related, and other fundamental and core solutions.

Nortel also invests in approximately 50technology innovation initiatives withmore than 20 major universities aroundthe world. This investment provides thecompany with access to fundamentalresearch and patents in emerging tech-nologies and solutions as well as accessto approximately 450 leading tech-nology futurists, senior researchers, andpost graduates. Nortel complements itsin-house R&D through strategicalliances, partners, and joint ventureswith other best-in-class companies.

Nortel’s Technology: Focus on Innovation

TECHNOLOGY INNOVATIONPOWERHOUSE

3,750 U.S. PATENTS ISSUED

7

The driving force behind everythingthat Nortel does is our customers.Nortel is unique in the breadth anddepth of its portfolio, solutions andexperience across both carrier andenterprise customers.

Our service provider customers includesome of the world’s largest and mostsuccessful public network carriers,including wireline, wireless and cableoperators. We also provide solutions tonewly established and growing serviceproviders serving emerging marketsthroughout the world. Nortel has aproven track record in providing inno-vative solutions to our service providercustomers that maintain ‘five 9s ofreliability’.

Our enterprise customers include small,medium and large businesses and insti-tutions, and span multiple sectors,including government, industry, finan-cial services, health care, education, andretail. Nortel serves nine out of every 10 Fortune 500 companies.

Fast Facts

� Nortel equips 85 percent of the toprevenue-generating wireless operatorsglobally.

� Stock exchanges in New York,Australia, Sao Paulo, Buenos Aires,Shanghai, Bombay and Seoul useNortel solutions.

� More than 500 state or provincialagencies, 5,000 local city and countyagencies and numerous federal andinternational government agenciesthroughout the world rely on Nortelsolutions. This includes the U.S.Department of Defense in all 50 U.S.states and more than two dozencountries across the globe.

� Nortel enables secure connectivity tomore than 100 million enterpriseusers worldwide.

� Nine out of 10 of the largest U.S.public school districts, serving morethan 3.5 million students, run onNortel solutions.

� More than 93 percent of the top 100manufacturing companies run onNortel solutions including aerospace,pharmaceutical, automotive and ITcompanies.

� Our products are at the heart ofevery one of the top 25 serviceprovider networks globally.

� More than 1,000 customer networksin over 65 countries use Norteloptical systems.

Nortel’s Driving Force: Customers

PROVEN TRACK

RECORD OF FIVE 9s

RELIABILITY

1000 NETWORKS IN

OVER 65 COUNTRIES

CONNECTIVITY TO

100 MILLION

ENTERPRISES

WORLDWIDE

8

Nortel has a strong global presence with33,000 employees located across NorthAmerica, Europe, the Middle East,Africa, Asia, the Caribbean and LatinAmerica. We serve customers in morethan 150 countries.

Headquartered in Toronto, Nortel hasother Canadian offices in Montreal,Calgary and Ottawa, where Nortel’slargest research and development(R&D) center is located. The companyalso has sales and support officesthroughout Western and CentralCanada, Quebec and the Maritimes.

Nortel expanded into the United Statesin 1971 and today has employees inmore than 86 locations in the U.S. We have sales centers and state-of-the-art research and development and soft-ware engineering facilities in 34 states,including California, Florida, Georgia,Maryland, Massachusetts, NorthCarolina, Tennessee, Texas and Virginia.

Nortel has a substantial presence acrossEurope, the Middle East and Africa.The company first established a jointventure in Turkey (Netas) in 1967. Nortel now operates in 31 countries in the region, in 25 languages. Thecompany recently reinforced itscommitment to the European commu-nity by establishing 100 percent owner-ship in Nortel France and NortelGermany.

Nortel has been active in the Caribbeanand Latin America since the late 1960s,and serves countries from Bermuda tothe Southern tip of South America. Thecompany has its regional headquartersin Sunrise, Florida, and offices inArgentina, Brazil, Chile, Colombia,Puerto Rico, Venezuela, Guatemala,Trinidad and Tobago, Ecuador, Peru,Uruguay and Mexico, and offers localsupport in several other markets.

Nortel has been active in Asia for 35 years, making its first sales in thePeople’s Republic of China in 1972.Today, Nortel serves customersthroughout Asia, including China,Japan, the ASEAN region, India,Pakistan, Australia and New Zealand.Nortel has established a state-of-the-artresearch and development center inBeijing, China, and operates in Koreathrough its joint venture LG-Nortel.

Nortel’s Presence: Global

CUSTOMERS IN MORE

THAN 150 COUNTRIES

PRESENCE IN EUROPE,

MIDDLE EAST, AFRICA

AND AMERICAS

ACTIVE IN ASIA

FOR 35 YEARS

9

Nortel is transforming how the worldcommunicates and exchanges informa-tion. Customers benefit from ourcommitment to technology leadershipand our culture of innovation. Thisspirit defines Nortel corporate citizen-ship in the communities it calls home.These are the basics of being a goodcorporate citizen. Our corporate citizen-ship focuses primarily on three areas:community, environment and businesspractices.

In addition to financial support, Nortelemployees contribute their knowledge,time, expertise and energy to augmentthe Company’s efforts to solve commu-nity challenges.

� Nortel is the signature sponsor ofNortel LearniT, a free web-basedpublic access resource dedicated tothe integration of technology in theclassroom. The tool provides educa-tors with technical skills training andtechnology-infused lesson plans.

� In 2006, Nortel and its employeesdonated just over US$4.25 million to various causes; in some programs,

Nortel matched employee donations.

� Nortel is a corporate member of the“One Laptop Per Child” (OLPC)initiative. OLPC, a non-profit organi-zation, was formed by NicholasNegroponte and other facultymembers from the MIT Media Lab.As an existing sponsor of the MediaLab through its University InteractionProgram, Nortel extends its long-standing relationship with the MediaLab through the OLPC initiative.

� Several Nortel campuses allow

employees to volunteer as many as 30 hours per year of their regularworkday hours.

� Local investment in the communitieswhere our employees work and live isencouraged and supported throughour local Executive LeadershipCouncils (ELC) with the support ofNortel’s Community Relations Staff.

Nortel’s Values: Leadership and Citizenship

“I SEE A NEW NORTEL

EMERGING, A NORTEL

THAT IS FOCUSED ON

THE CUSTOMER.”

— MIKE ZAFIROVSKI,

CANADIAN PRESS,

MAY 3, 2007

Nortel Core Values Nortel Leaders

Customers are the driving force Chart a winning course

People are our strength Are decisive

Quality is in every aspect Inspire others

Innovation fuels our future Meet commitments

Accountability brings clarity Live the Core Values

Integrity underpins everything Act as one

10

Nortel has demonstrated that soundenvironmental management can resultin financial benefits to the business andadded value to customers and otherstakeholders. The very nature of ourbusiness helps reduce adverse environ-mental impacts. The use of networksfor e-commerce and telecommutingreduces the need for travel, energy, rawmaterials and office space. By strivingfor both economic and environmentalefficiencies, we will be a successful busi-ness and a responsible member of theglobal community.

� Nortel named to the Dow JonesSustainability North America Index(DJSI) for 2006/7 (2nd consecutiveyear). The Dow Jones SustainabilityIndex* is an investment index thatbenchmarks North America's corpo-rate leaders in sustainable development.

� Also in 2006, Nortel had 11 certifica-tions to ISO 14001 and three certifi-cations to OHSAS 18001 spanningvarious regions around the world.Each registration is created specificallyfor the geographies in which the busi-ness units operate, which provides thefoundation for Environmental Healthand Safety management within Nortel’sbusinesses. Certification to ISO 14001and OHSAS 18001 offers stake-holders an assurance of commitmentto systematic environment, health andsafety management and provides afoundation for continual improvement.

� Design for Environment is incorpo-rated into Nortel product develop-ment to reduce hazardous materials,improve energy efficiency and effec-tively manage environmental impactsassociated with the products frominception to end-of-life.

� Since 1999, Nortel has offeredemployees an internal “TransportationDemand Management” programaimed at encouraging and supportingcommuter options. GreenCommute,available at select locations in NorthAmerica, provides information,resources and support to encouragethe use of a commuting mode otherthan the single-occupant vehicle.

� Teleworking enables individuals towork from any location supported bysecure and seamless access to corpo-rate systems. This capability allowsmany of our employees the flexibilityto conduct business anywhere,anytime and provides the ability tobalance the work and life challengesthat everyone faces.

Nortel embraces many aspects of busi-ness practices so that all stakeholderscan be proud of their association withthe company. Business practices formthe basis on which the Company is builtand are crucial to our success. Forexample, Nortel developed the “CorporateSocial Responsibility Supply ChainManagement” program during 2006 towork with suppliers who perform to ourethical and environmental standards.

For more information about our busi-ness practices and Code of BusinessConduct, visit nortel.com/ethics.

Nortel’s Commitment: Sound Environmental Management and Business Practices

WORK LIFE BALANCETHROUGH TELEWORKING

© ACTIVEWORLD INC.

11

Nortel has a proud tradition of tech-nology and innovation leadership inshaping the world of communications.The following are some key milestonesspanning more than a century:

Our Beginning

1882: Mechanical Department of TheBell Telephone Company of Canada isformed to manufacture telephone sets

1885: Northern Electric andManufacturing division established

1895: Northern Electric andManufacturing incorporated as separatecompany

1913: Northern Electric and WesternElectric reciprocal purchases and patentexchanges

1932: Trans-Canada telephone tollsystem goes live, covering Toronto,Montreal, Quebec City, Hamilton andWindsor based on Northern Electricswitches

1949: U.S. forces split of AT&Tsubsidiaries, severing access to WesternElectric patents and designs; Northern

Electric chooses to innovate rather thanlicense technology

1950s: Northern Electric developselectromechanical switch that enablespush-button phone calls and inter-citydialing; becomes company’s stapleswitch for next 20 years

Growth and Independence

1957: Northern Electric establishesR&D lab with staff of four to developits own technology

1958: Northern implements the Trans-Canada Skyway, the world’slongest microwave system

1962: Northern Electric becomeswholly owned subsidiary of BellTelephone Company of Canada afterBell buys outstanding shares held byWestern Electric

1966: Northern Electric publishes thefirst research paper examining possibilityof using glass fibers to carry information

1970: Bell-Northern Research Ltd.,jointly owned by Bell Canada andNorthern Electric, becomes Canada’slargest independent R&D facility; envi-sions digital switching as cost-effectivealternative to analog

1971: Fueled by demand of new ruralswitching technology, Northern Electricsets up U.S. subsidiary NorthernTelecom Inc. to manufacture and sell

equipment in the United States

Industry Leader and

Innovator

1976: Northern Electric becomesNorthern Telecom and introduces“Digital World” portfolio, the world’sfirst complete line of fully digitaltelecommunications equipment

1982: AT&T spins off regional BellOperating Companies opening 90 percent of the U.S. market tocompetition

1983: Northern Telecom sells firstdigital switches to The People’s Republic of China

1989: Northern Telecom introduces“Fiber World” initiative for systemsbased on fiber optic technology

Nortel’s History: 112 Years

For more information, visit Nortel on the Web at www.nortel.com, or call 1-800-4 NORTEL or 1-800-466-7835 from anywhere in North America.

Nortel, the Nortel logo, Nortel Business Made Simple and the Globemark are trade-marks of Nortel Networks. All other trademarks are the property of their owners.

Copyright © 2007 Nortel Networks. All rights reserved. Information in this docu-ment is subject to change without notice. Nortel assumes no responsibility for anyerrors that may appear in this document.

BUSINESS MADE SIMPLE

In the United States:Nortel 35 Davis DriveResearch Triangle Park, NC 27709 USA

In Canada:Nortel 195 The West MallToronto, Ontario M9C 5K1 Canada

In Caribbean and Latin America:Nortel 1500 Concorde TerraceSunrise, FL 33323 USA

In Europe:Nortel Maidenhead Office Park, Westacott WayMaidenhead Berkshire SL6 3QH UK

In Asia:Nortel United Square101 Thomson RoadSingapore 307591Phone: (65) 6287 2877

A Global Corporation1990s: Northern Telecom expandsinternationally, establishing alliances inAsia and Europe, and signing keycontracts in Japan, China, and theUnited Kingdom

1992: Northern Telecom establishes aglobal leadership position in wirelesstechnology with dedicated researchcenters in the U.S and France

1993: Northern Telecom beginsinstallation of China’s first nationaldata-communications network

The Internet and

New Challenges for

the 21st Century1995: Northern Telecom celebrates its centenary and introduces “Nortel”brand — reflecting corporate evolutionfrom telephony to multiservice, packet-based/IP networking

1997: Northern Telecom articulates newInternet-based vision, reflecting a shiftin corporate culture and businessstrategy towards Internet/IP-basedglobal communications solutions

1999: Northern Telecom formallychanges name to Nortel NetworksCorporation; further simplifies its nameto “Nortel” in 2002

1999: Nortel redefines speed ofnetworking with 6.4 terabit per secondoptical technology

2000: Nortel becomes fully inde-pendent when BCE Inc. reduces itsholdings

2001: Nortel installs the world’s firstcommercial 3G (UMTS) wirelessnetwork in Spain

2002: Nortel selected for the firstcommercial broadband wireless networkin Latin America

2004: Teaming with Nortel, the San Francisco Giants baseball teamimplements a state-of-the-art wirelesslocal area network at SBC Park. As aresult, the Giants become the world’sfirst professional sports organization toprovide universal public wireless accessand its park ranks among the world’slargest public hotspots.

2005: Nortel and LG Electronicscomplete the industry’s first live testcalls using a commercial handset solu-tion for the emerging broadband wire-less technology, HSDPA.

2006: Nortel and QUALCOMMachieve the industry’s first 7.2 MbpsHSDPA mobile data calls with datadownloads at speeds up to four timesfaster than most current fixed broad-band connections.

2006: Nortel develops ProviderBackbone Transport (PBT), a ground-breaking technology that transformsEthernet into a more reliable technologyfor carrier networks.

2006: The convergence of the com-munications and IT industries takes asignificant step forward as MicrosoftCorp. and Nortel announce a strategicalliance based on a shared vision forunified communications.

2007: BT selects Nortel’s ProviderBackbone Transport (PBT) technologyto play an important role in its 21stCentury Network.

2007: Nortel completes the industry’sfirst call over an Ultra MobileBroadband (UMB) network. With this demonstration, Nortel becomes the first to complete live calls usingMIMO advanced antenna technology in each of the major 4G technologies —WiMAX, Long Term Evolution (LTE),and UMB.

Nortel’s Recent History: Your Future