Charles Street Partners Selects Nortel WiMAX to Bring Broadband to Rural America WiMAX Wireless Internet Goes Where No DSL or Cable Wire has Gone Before

2008-04-01 06:00:00

Charles Street Partners Selects Nortel WiMAX to Bring Broadband to Rural America

WiMAX Wireless Internet Goes Where No DSL or Cable Wire has Gone Before

LAS VEGAS, NEVADA–( EMWNews – April 1, 2008) – Charles Street Partners(2) will use WiMAX technology from Nortel(1) (TSX:NT)(NYSE:NT) to bring wireless broadband to U.S. residents in rural areas of Arizona and Florida. This will be the first time broadband Internet service will be available to customers in some of these service areas. When completed, the Charles Street Partners’ WiMAX network will offer data and VoIP capabilities to about one million residents and businesses. This is one of the largest commercial build outs of a fixed WiMAX network in the US.

High-speed Internet can help to preserve and enhance the economics of rural communities. It allows farmers to more effectively manage their businesses, and can help rural communities to attract professional individuals as new residents by offering them the ability to work remotely over wireless broadband connections. Businesses in larger cities can also take advantage of wireless broadband in rural areas to tap into the customers, suppliers, and workforce available there, communicating with them more quickly and effectively. The quick and efficient access to high-speed Internet provided by the Charles Street Partners’ WiMAX network will mean massive improvements in connectivity for areas where DSL and cable are not present at all, and where current service is inadequate. Nortel’s WiMAX delivers full broadband services over a 4G wireless network that is more cost-effective for the operator to build and run than other wired alternatives while offering the same high class of service.

“Nortel’s WiMAX will allow Charles Street Partners’ new network of locally run Internet providers to offer Internet speeds to rural residents that can rival any high-speed wired network, anywhere in America,” said Chris Skudder, president and COO, Charles Street Partners. “When Charles Street Partners looked for the best way to bring broadband services to underserved rural communities, Nortel’s WiMAX solution came out on top because it offers the speed we need at the lowest cost-per-megabit.”

“Nortel’s WiMAX is well suited to bring high-speed Internet to rural or remote areas of the world where there has been limited or no availability of broadband because it is too costly and complex to build wireline networks to connect them,” said Peter MacKinnon, general manager of WiMAX and Wireless Mesh, Nortel and chairman, LG-Nortel JV. “Nortel’s WiMAX solution takes away the need for laying cable and gives operators like Charles Street Partners a simpler, cheaper, faster way to deploy broadband to customers that are spread over a wide geographic area. This opens up huge opportunities to bring the benefits of broadband Internet and VoIP to underserved markets.”

Charles Street Partners has secured over $35M in loans to bring broadband to underserved rural markets in the U.S. from the U.S. Department of Agriculture’s Rural Development Community Connect Grant Program(2). Charles Street Partners, the parent company for a number of local subsidiaries including SWWG LLC and Hometown Broadband Orlando LLC, will deliver wireless broadband services in Arizona and Florida with plans for expansion into additional markets in the future.

Nortel’s offers an end-to-end, completely integrated WiMAX solution that provides operators with everything they need – from devices and applications to infrastructure and services. Nortel is using its expertise and experience across wireless technologies to help service providers bring broadband to rural and underserved broadband markets around the world.

About Charles Street Partners

Charles Street Partners is one of the largest and fastest growing broadband internet and telephone providers in North America. CSP was founded and is run by industry veterans with decades of successful experience in cellular, landline, cable, and satellite communications, and backed by major industry private equity funding and U.S. Dept. of Agriculture Rural Development financing. Bringing true broadband and competitive voice, and partnered with DirecTV for HD television, CSP is building a business providing a longterm attractive alternative to uncaring incumbent telephone and cable company service. For more information on CSP’s operating companies, visit www.BayBroadband.net(2) and www.TranscendBroadband.com(2).

About Nortel

Nortel is a recognized leader in delivering communications capabilities that make the promise of Business Made Simple a reality for our customers. Our next-generation technologies, for both service provider and enterprise networks, support multimedia and business-critical applications. Nortel’s technologies are designed to help eliminate today’s barriers to efficiency, speed and performance by simplifying networks and connecting people to the information they need, when they need it. Nortel does business in more than 150 countries around the world. For more information, visit Nortel on the Web at www.nortel.com. For the latest Nortel news, visit www.nortel.com/news.

Certain statements in this press release may contain words such as “could”, “expects”, “may”, “anticipates”, “believes”, “intends”, “estimates”, “targets”, “envisions”, “seeks” and other similar language and are considered forward-looking statements or information under applicable securities legislation. These statements are based on Nortel’s current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which Nortel operates. These statements are subject to important assumptions, risks and uncertainties, which are difficult to predict and the actual outcome may be materially different from those contemplated in forward-looking statements. For additional information with respect to certain of these and other factors, see Nortel’s Annual Report on Form10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC. Unless otherwise required by applicable securities laws, Nortel disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

(1)Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks.

(2)This is a 3rd party link as described in our Web linking practices.

Use of the terms “partner” and “partnership” does not imply a legal partnership between Nortel and any other party.

For more information, please contact

Nortel

Karen Monaghan

(613) 763-1133

Email: kmonagha@nortel.com

Website: www.nortel.com

or

Charles Street Partners

Ben Freeman

(609) 921-6640

Email: Ben@CharlesStreetPartners.com

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