Nokia Wins Picus Contract to Supply Equipment for 1.1 Million DSL Lines; Value Of the First Phase of Deliveries Estimated at USD 76 Million.IRVING, Texas--(BUSINESS WIRE)--Sept. 13, 1999-- Nokia, (NYSE NYSE See: New York Stock Exchange :NOK NOK In currencies, this is the abbreviation for the Norwegian Krone. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ), a leader in the supply of digital subscriber line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (DSL) products and services, has been awarded a three-year contract with Virginia-based Picus Communications, as its sole supplier of a complete, high-performance DSL (Digital Subscriber Line) broadband network for delivering integrated high-speed data and voice service (VoDSL) to its customers. Valued at USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 76 million, phase one of the three-year contract encompasses an aggressive DSL roll-out in several Mid-Atlantic cities, including Northern Virginia, Washington D.C., Richmond and Norfolk. Service will be available in these markets as early as November 1999. DSL deployment is planned for 165 East Coast cities. Under the terms of the agreement, Nokia will supply Picus Communications, a Competitive Local Exchanger Carrier, with the highly scalable Nokia D50 Speedlink DSLAM (DSL Access Multiplexor) A central office (CO) device for ADSL service that intermixes voice traffic and DSL traffic onto a customer's DSL line. It also separates incoming phone and data signals and directs them onto the appropriate carrier's network. See DSL. (DSL Access Multiplier) solution to deploy up to 1.1 Million DSL lines to small and medium size businesses and to residential users. In addition, Nokia will supply Picus with Voice Gateways, Remote Access Nodes for subscriber management and Integrated Access Devices (IADs). Nokia will also provide project management, implementation of the network and a full package of customer services, training and other competence transfer services. "We are excited about the opportunity to work with Picus in building this integrated broadband data and voice network. The nature of this contract places Nokia at the forefront of the development of integrated broadband data and voice networks," says Jussi Ilmarinen, President, Nokia High Speed Access Products. "This agreement demonstrates our capability to provide network operators more than just DSLAM solutions, but rather complete network solutions that enable our customers to launch pioneering communication services and applications." Nokia will provide the entire range of the Nokia D50 Speedlink DSLAM products including full rate ADSL See DSL. ADSL - Asymmetric Digital Subscriber Line (CAP, DMT See DSL. ), G.Lite, SDSL See DSL. SDSL - Single-line Digital Subscriber Line and IDSL See DSL. line cards. The DSL offering will enable user access to high-bandwidth applications such as voice and data over DSL, electronic commerce, video conferencing, data warehousing and VPNs. "Picus is very pleased to be working with Nokia on such a large project involving cutting-edge technology. We feel it is a validation, not only for our business plan, but also of Nokia's position as an industry leader," stated Tom Flake, Executive Vice President, Business Development, Picus Communications. Picus is a full service international telecommunications company, providing high-speed broadband voice and data transmission, Internet access, local telephone service, and technical support services. Picus was the first telecommunications company to offer bundled services to its customers, on one bill, including high speed Internet access, local telephone, and long distance telephone service. The US headquarters of Picus are located in Hampton Roads, Virginia, while its European headquarters are located in Lugano, Switzerland. Nokia is paving the way to the mobile information society with its innovative products and solutions. Nokia is the leading mobile phone supplier and a leading supplier of mobile, fixed and IP networks including related services. It also supplies multimedia terminals and computer displays. In 1998, net sales totaled EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 13.3 billion (USD 15.7 billion). Headquartered in Finland, Nokia is listed on the New York (NOK), Helsinki, Stockholm, London, Frankfurt and Paris stock exchanges and employs more than 51,000 people. Notes to editors The range of Nokia D50 Speedlink products include full rate Asymetric Digital Subscriber Line (ADSL) - Carrierless Amplitude Phase, (CAP) and Discrete Multi-Tone (DMT) - G.Lite fast Internet access, Symetrical DSL (SDSL) and IDSL line cards, a US standard using an ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. signal. Voice Gateways manufactured by CopperCom The Nokia D50e Speedlink System enables service providers to deliver both voice and data to end-users via ordinary copper pairs. Highly scalable and flexible, the Nokia D50 Speedlink System offers multiple modular remote solutions that support both large and small-scale subscribers. Nokia Eksos D50 is the ETSI version DSLAM. Speedlink is a trademark of Nokia. All other company and/or product names are trademarks of their respective companies. |
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