Internet aids Nortel profits, say analysts

OTTAWA, Canada -- Nortel Networks (NYSE: NT), the world's No. 2 network equipment supplier, is expected to beat profit estimates when it unveils second-quarter results on Tuesday, as growing Internet traffic pushes up demand for its fiber-optic networks systems. First Call/Thomson Financial said 29 brokers expect, on average, a profit of 15 cents per share. IBES forecasting service also reports a consensus estimate of 15 cents per share from 30 brokers. Full Story. -- Reuters.