Nortel
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Nortel

October 03, 2007 06:00 ET

Nortel Extends Availability of WiMAX in Caribbean and Latin America with Brightstar as New Integrator

Venture to Increase Market Share, Acquire New Customers for Nortel

SUNRISE, FLORIDA--(Marketwire - Oct. 3, 2007) - Nortel(1) (TSX:NT)(NYSE:NT) is focused on achieving global market share and tapping new customers with its selection of Brightstar Corp. as a new reseller of its Mobile WiMAX solution in the Caribbean and Latin America. Brightstar is a global leader in customized distribution and supply chain solutions for the wireless industry.

Under the terms of this agreement, Brightstar will leverage its extensive customer base to resell the Nortel solution to specific categories of customers who do not currently have access to Nortel carrier equipment in the Caribbean and Latin America. Brightstar will also employ its extensive distribution channels and logistical capacity in Latin America.

"We expect this agreement will help Nortel gain access to previously untapped markets and customers," said Alex Mercado, WiMAX leader, Nortel Caribbean and Latin America. "In turn, Brightstar will supply its service provider customers with Nortel solutions that will help them meet the demand for mobile video and other high-bandwidth services on a multitude of devices in an increasingly hyperconnected world."

Nortel's end-to-end WiMAX solution addresses the key issues of broadband wireless, including the ability to support a wide variety of applications with varied quality of service requirements, while driving down OPEX costs. Nortel's WiMAX ecosystem includes MIMO technology expertise and power-efficient base stations that are instrumental in providing service providers with a simplified approach to seizing the WiMAX opportunity.

"The combination of Nortel's world-class WiMAX system capabilities with Brightstar's market reach and access to communications devices, results in a very exciting solution set for our WiMAX customers," said John Bonadurer III, WiMAX general manager, Brightstar. "Given the depth and quality of the Nortel infrastructure, along with the wide array of terminals that Brightstar distributes, we can offer an excellent go-to-market solution and dynamic offering to the market."

About Brightstar

Brightstar Corp. is a global leader in customized distribution and supply chain solutions for the wireless industry. Headquartered in Miami, FL, Brightstar operates sales, distribution and manufacturing facilities in 49 countries on six continents. The company provides solutions to more than 30,000 network operators, MVNOs, retailers, resellers and independent agents around the world, and also represents the world's leading wireless manufacturers. In 2006, Brightstar generated $3.6 billion in revenue. For more information, visit www.brightstarcorp.com.

About Nortel

Nortel is a recognized leader in delivering communications capabilities that make the promise of Business Made Simple a reality for our customers. Our next-generation technologies, for both service provider and enterprise networks, support multimedia and business-critical applications. Nortel's technologies are designed to help eliminate today's barriers to efficiency, speed and performance by simplifying networks and connecting people to the information they need, when they need it. Nortel does business in more than 150 countries around the world. For more information, visit Nortel on the Web at www.nortel.com. For the latest Nortel news, visit www.nortel.com/news.

Certain statements in this press release may contain words such as "could", "expects", "may", "anticipates", "believes", "intends", "estimates", "targets", "envisions", "seeks" and other similar language and are considered forward-looking statements or information under applicable securities legislation. These statements are based on Nortel's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which Nortel operates. These statements are subject to important assumptions, risks and uncertainties, which are difficult to predict and the actual outcome may be materially different from those contemplated in forward-looking statements. For additional information with respect to certain of these and other factors, see Nortel's Annual Report on Form10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC. Unless otherwise required by applicable securities laws, Nortel disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

(1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks.

Use of the terms "partner" and "partnership" does not imply a legal partnership between Nortel and any other party.

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