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Nortel unveils $150 million R&D plans

Nortel unveils $150 million R&D plans

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.


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