News Release

Verizon Wireless Selects Nortel Networks for $500 Million Network Buildout

Wireless, Optical Investment Paves Way for Expanded Capacity and Coverage to Meet Strong Customer Demand

April 11, 2000

Joanne Latham
Nortel Networks
(919) 997-7841
joannel@nortelnetworks.com

Andrea Linskey
Verizon Wireless
(908) 306-7845
linskan@bam.com

Investor Contact:
Angela McMonagle
Nortel Networks
(905) 863-6044
mcmona@nortelnetworks.com