Nortel Networks yesterday announced plans to raise its Australian research and development investment to $150 million over five years.
Wollongong University is one of the main benefactors of the commitment, with Nortel announcing it will extend the University's Nortel Networks Technology Centre to include a Wireless Internet R&D facility.
The company is also committed to a number of investments in "outsourced and collaborative programs" and other Australian R&D and export initiatives it claims will create around 130 jobs.
The Wollongong facility is primarily designed to focus on developing user-driven wireless Internet data applications, conducting research into wireless IN (Intelligent Networks) and investigating the impact of high-speed data on such wireless platforms as GSM and CDMA.
Reg Bird, president, Nortel Networks Asia South Pacific, said: "This five-year commitment is a significant increase on the three-year, $80 million investment we announced last year."
Bird also reaffirmed the company's commitment to $600 million in exports for the five-year timeframe.
Michael Egan, NSW Minister for State Development, attended the official launch in Wollongong yesterday and championed the addition of around 100 jobs to the Illawarra area.