Press Releases
Nortel Networks, Juniper Networks Take Lead in Integrating Packet, Optical Networks
Unleashing Service Provider Potential to Profit from Network-wide Intelligence Capabilities
Atlanta, GA - June 4, 2001 — Nortel Networks* [NYSE/TSE: NT] and Juniper Networks* [Nasdaq: JNPR] today raised the stakes in the networking arena, announcing at SUPERCOMM 2001 an agreement that expands an existing alliance to include technical cooperation focused on interoperability of packet/optical interfaces.
This technology, which will enable Juniper Networks routers to directly access the optical layer, is expected to help accelerate service provider profitability by enabling differentiated, smart IP (Internet Protocol) services throughout the network. The companies will also co-market Juniper Networks IP networking solutions, and Nortel Networks will resell Juniper Networks M-series routers.
"Juniper Networks and Nortel Networks are fundamentally changing the playing field in the networking industry," said Anil Khatod, chief marketing and strategy officer, Nortel Networks. "We are bringing together the expertise of technology leaders in both the optical and router markets to drive unprecedented levels of intelligence throughout the network, enabling delivery of new revenue-generating services."
"The answer to today's networking challenges is not sheer capacity, but the ability to use that capacity dynamically by converging data networking intelligence with robust optical performance through seamless cross-layer unification," said Carl Showalter, vice president, marketing, Juniper Networks. "We will enable efficient and customizable use of high-speed bandwidth, which will, in turn, enable service providers to realize revenues faster than ever before."
Juniper Networks routers will interoperate with Nortel Networks Smart Optical Network Solution, an integrated, multi-layer framework that will enable dynamic delivery of new revenue-generating optical services. By tightly integrating Juniper Networks router intelligence with Nortel Networks Smart Optical Network Solution, service providers will have the capability to reduce overall network costs, turn up new services more quickly, and develop a richer set of customizable services such as optical virtual private networks (oVPNs) and bandwidth-on-demand.
"This announcement represents a crucial development in the industry," said Joe Grech, executive vice president and president, Global Trading and Partner Solutions, TELUS. "The constant challenge of offering new innovative services has to be balanced with reducing operational costs. We view this initiative as an opportunity for us to generate revenues, while enjoying long-term investment protection."
"Nortel Networks and Juniper Networks have a productive history of working together to yield tangible results for service providers," said David Dunphy, senior analyst, Current Analysis. "This latest collaborative effort makes good sense, since intelligence to access the optical layer will enable dynamic bandwidth allocation and rapid service provisioning of differentiated end-to-end IP services."
Supporting vendor and network interoperability, the combined Nortel Networks and Juniper Networks solution will be based on the emerging open global ASTN (automatic switched transport network), MPLS (multiprotocol label switching) and GMPLS (generalized multiprotocol label switching) standards. Using these standards, networks will be able to support bandwidth-on-demand services, enabling lower capital expenditures and increased return on capital for service providers.
TELUS Corporation [TSE: T, T.A; NYSE: TU] is one of Canada's leading telecommunications companies providing a full range of telecommunications products and services that connect Canadians to the world. The company generated $6.4 billion in revenues in 2000 and is the leading service provider in Western Canada. TELUS also provides data, Internet Protocol, voice, and wireless services to Central and Eastern Canada. With the purchase of QuebecTel (now TELUS Quebec) and national digital wireless company Clearnet Communications Inc. (now TELUS Mobility), TELUS is rapidly strengthening its position as a leading national service provider. For more information about TELUS, visit www.telus.com.
TELUS Global Trading & Partner Solutions provides data, voice, and integrated IP solutions for telecommunications carriers, resellers, Internet service providers, application service providers, wireless, local access, and cable providers.
Juniper Networks, Inc. is a leading provider of purpose-built systems that meet the scalability, performance, density, and compatibility requirements of rapidly evolving, optically enabled IP networks. The company's systems provide new IP infrastructure solutions for the world's leading service providers. Juniper Networks service, manufacturing teams, and IP engineers work closely with customers to build and support customer networks. The company is headquartered in Sunnyvale, California. For more information, please visit the Web site at http://www.juniper.net.
Nortel Networks is a global Internet and communications leader with capabilities spanning Optical, Wireless, Local, Personal Internet, and eBusiness. The Company had 2000 U.S. GAAP revenues of US$30.3 billion and serves carrier, service provider, and enterprise customers globally. Today, Nortel Networks is creating a high-performance Internet that is more reliable and faster than ever before. It is redefining the economics and quality of networking and the Internet, promising a new era of collaboration, communications, and commerce. Visit us at www.nortelnetworks.com.
Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price and product competition; the dependence on new product development; the impact of rapid technological and market change; the ability of Nortel Networks to make acquisitions and/or integrate the operations and technologies of acquired businesses in an effective manner; general industry and market conditions and growth rates; international growth and global economic conditions, particularly in emerging markets and including interest rate and currency exchange rate fluctuations; the impact of rationalization in the telecommunications industry, the uncertainties of the Internet; stock market volatility; the ability of Nortel Networks to recruit and retain qualified employees; the ability to obtain timely, adequate, and reasonably priced component parts from suppliers and internal manufacturing capacity; the impact of the credit risks of our customers; the entrance by Nortel Networks into an increased number of supply, turnkey, and outsourcing contracts which contain delivery, installation, and performance provisions, which, if not met, could result in Nortel Networks having to pay substantial penalties or liquidated damages; and the impact of increased provision of customer financing and commitments by Nortel Networks. For additional information with respect to certain of these and other factors, see the reports filed by Nortel Networks with the United States Securities and Exchange Commission. Nortel Networks disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
*Nortel Networks, the Nortel Networks logo, the Globemark and OPTera are trademarks of Nortel Networks. Juniper Networks and the Juniper Networks logo are trademarks of Juniper Networks.
About Juniper Networks, Inc.
Juniper Networks, Inc. is a leading provider of purpose-built systems that meet the scalability, performance, density, and compatibility requirements of rapidly evolving, optically enabled IP networks. The company's purpose-built systems provide new IP infrastructure solutions for the world's leading service providers. Juniper Networks service, manufacturing teams, and IP engineers work closely with customers to build and support customer networks. The company is headquartered in Sunnyvale, California. For more information, please visit the Web site at http://www.juniper.net.
Juniper Networks is a registered trademark of Juniper Networks, Inc. All other trademarks, service marks, registered trademarks, or registered service marks may be the property of their respective owners.
