Monday, November 20, 2006
Nortel awarded US$20 million contract
Reconstruction
Nortel (TSX:NT) has won a US$20-million contract to build a new fibre optic network for Iraq Telecommunications & Post Corporation. The 5,000-kilometre network will deliver high bandwidth data, video and multimedia services in 35 cities throughout Iraq, the Iraqi corporation said in a statement. The new network will link to another one that Toronto-based Nortel built between Baghdad and Basra in 2004 as part of the USAID-funded Iraq Reconstruction Program.
