BT and Nortel sign new four year global trading agreement

Tags: British Telecom (LON:BT.A)

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Press release

BT and Nortel [TSX: NT, OTC: NRTLQ] today announced a new four-year global trading agreement for Nortel's enterprise equipment and services including its convergence portfolio.  This new trading agreement builds on the success of a 15-year relationship that has provided the UK market with leading voice applications.
Joel Hackney, president, Enterprise Business, Nortel, said: "Nortel and BT have always worked closely to provide the best solutions to our customers. This new agreement will not only strengthen our relationship, it also demonstrates the level of service we can offer.  Together, Nortel and BT provide an attractive value proposition that comes from years of experience in all areas of the telecommunications industry. Not only do we understand the technology that businesses need to succeed, we also share a vision of delivering communications solutions that simplify and enhance the customer experience."
Nortel and BT have a long history of delivering innovative, integrated solutions for enterprises. The agreement will provide customers with solutions that give them a competitive edge.  With technology and skills derived from extensive carrier and enterprise solution portfolios, Nortel and BT can address customers' needs whether it be voice, contact centres, routing, LANs or VPNs.
Lewis Lyell, managing director, convergence business sales, BT Global Services, said: "This new deal is very good news for our customers. It demonstrates our ability to deliver value to customers even in the toughest market conditions."