In an interview with Reuters Michael O’Hara, Nortel’s chief marketing officer for Europe, the Middle East and Africa, said: It’s a cash deal, which is good for us, that tends to catch the industry’s attention at the moment.
The added revenue is certainly good new for the company as last week it announced a $19.2 billion second quarter loss.
The domestic power supplier Electricidade de Portugal and Norway’s Telenor front Oni Way.
The equipment will be used in the south of the company, where the capital, Lisbon is situated.
This is the first of three contracts that are due to be awarded.
