Nortel Wins 3G Wireless Infrastructure Renewal with Sprint
December 7, 2004
Nortel announced a contract renewal agreement with Sprint estimated to be worth approximately US$1 billion over three years to deploy enhanced wireless infrastructure equipment and provide professional services to support the continued expansion of the Nortel portion of Sprint's nationwide third generation (3G) wireless network. — OK, so now we know where $1 billion of the $3 billion is going.