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NORTHERN TELECOM COMMENTS ON OUTLOOK FOR FIRST QUARTER 1993

 TORONTO, March 25 /PRNewswire/ -- Northern Telecom, (NYSE: NT) a leading telecommunications research and manufacturing firm, said today that earnings for the first quarter of 1993 will be below 1992's record performance and analysts' expectations.
 Jean C. Monty, president and chief executive officer of Northern Telecom said, "The anticipated earnings shortfall in the first quarter of 1993 as compared with 1992 is due to several factors, including an increase in strategic R&D and international market development expenditures, lower software revenues, and lower pricing in central office switching in North America. These factors will be partially offset by higher volumes and product cost reductions."
 Commenting on the outlook for 1993, Mr. Monty said, "Although we are not satisfied with expected first quarter results, as we look to the remainder of the year we are encouraged by the improving economies in North America and our market successes in the Asia Pacific and Caribbean and Latin America regions. In addition, our record backlog from 1992 supports our cautiously optimistic view that 1993 will be a year of good performance."
 Northern Telecom's common shares are listed on the New York, Toronto, Montreal, Vancouver, London, and Tokyo stock exchanges.
 -0- 3/25/93
 /CONTACT: Tom Tropea or Gary Brandt, both of Northern Telecom Limited, 416-566-3178 or 416-566-3098/
 (NT)


CO: Northern Telecom Limited ST: Ontario IN: TLS SU: ERP

LD -- NY077 -- 9803 03/25/93 17:10 EST
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Date:Mar 25, 1993
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