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TELECABLE/NORTEL PROVIDE CAJASTUR SAVINGS BANK WITH NETWORK.

Spanish telecommunications provider TeleCable is supplying Cajastur, a large regional savings bank in Spain, with Nortel(x) (NYSE: NT , TSX: NT) technology and services to securely connect its 100 bank offices across three major cities in the Asturias region.

The new network will deliver cost-savings on critical communications such as Internet banking and gives the bank the flexibility to evolve its communications to meet future demand for the bank's services. The solution uses a single converged network, based on Nortel's Ethernet Virtual Private Network (VPN) technology, to support all Cajastur's communications, and includes installation, commissioning, integration and technical support services from the Nortel Global Services portfolio.

"The communications solution provided by Nortel and TeleCable meets Cajastur's critical requirement of highly secure and reliable communications to support customer transactions," said Roberto Paraja, president, TeleCable. "Also, the continuing close working relationship between Nortel and TeleCable meant that we were able to jointly define and understand the bank's communications needs and create a cost-effective network solution."

Building on the successful deployment of the Cajastur network, TeleCable plans to offer Ethernet VPN services to other major business customers in Spain's Asturias region.

"This new banking deployment is a good example of how Nortel and TeleCable are collaborating effectively on network communications projects across Spain," said Michel Clement, president, Southern Europe. "The Nortel Metro Ethernet solution is a secure and reliable technology for creating Ethernet VPNs that enable business users to cost-effectively support all their voice, video and data services on a single converged network infrastructure.

Ethernet VPNs are a cost-effective and flexible solution for connecting customer locations. By simply extending the Ethernet from the local area network (LAN) standard to the wide area network (WAN), multiple TeleCable customer locations, such as Cajastur's 100 bank offices, can be connected through VPNs based on native Ethernet technology.

The Cajastur Ethernet VPN, supplied by TeleCable, is based on carrier- grade Ethernet technology. The technology provides high levels of network security and reliability, critical for business continuity, with features such as sub 50 milliseconds protection switching, traffic prioritisation and service demarcation.

The network is based on Nortel's Metro Ethernet portfolio, including the Metro Ethernet Routing Switch 8600 and Metro Ethernet Services Unit 1800/1850. The Ethernet-based infrastructure is operated over an optical network using Nortel's Optical Metro 5000 platform. The optical network is critical for providing the reach and capacity to connect multiple locations across the Asturias region of Spain.

Nortel's Global Services include a full range of integrated services for design, deployment, management and maintenance of end-to-end multi-vendor network solutions, including seamless migration to next generation technologies.

About Nortel

Nortel is a recognized leader in delivering communications capabilities that enhance the human experience, ignite and power global commerce, and secure and protect the world's most critical information. Our next- generation technologies, for both service providers and enterprises, span access and core networks, support multimedia and business-critical applications, and help eliminate today's barriers to efficiency, speed and performance by simplifying networks and connecting people with information. Nortel does business in more than 150 countries.

For more information, visit http://www.nortelnetworks.com or call 972/685-8278.
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Publication:Networks Update
Date:Jul 1, 2006
Words:518
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