ANTEC`s Arris transaction registration statement declared effective by SEC 1999 and 2000; Non-operating results restated to conform with prior Arris accounting methodology.

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M2 PRESSWIRE-3 July 2001-ANTEC: ANTEC`s Arris transaction registration statement declared effective by SEC 1999 and 2000; Non-operating results restated to conform with prior Arris accounting methodology (C)1994-2001 M2 COMMUNICATIONS LTD RDATE:02072001 Duluth, Ga. -- ANTEC Corporation (NASDAQ:ANTC) today announced that the Securities and Exchange Commission ("the SEC") has declared effective the amended Form S-4 Registration Statement which the Company originally filed with the SEC on April 13, 2001 for its previously announced agreement with Nortel Networks Corporation (NYSE/TSE:NT) to realign their cable businesses in order to create a new company to lead the broadband access industry.

"We`re very pleased that the SEC has completed its review of...