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Sitronics Deploys WiMAX Network
To Zain Bahrain
Other topics: Bulgarian WiMAX Operator,
WiMAX Chip Development,
WiMAX Network Bahrain
BUSINESS WIRE
September 11, 2007
Moscow, Russia -- JSC SITRONICS (“Sitronics” or “The Company”) (LSE:SITR),
a leading provider of telecommunications, IT and microelectronic
solutions in Russia and the CIS, with a growing presence in other EEMEA
emerging markets, today announced that a part of its INTRACOM TELECOM
subsidiary, INTRACOM MIDDLE EAST, is deploying the WiMAX network for
ZAIN Bahrain, one of the leading telecommunication operators in the
Kingdom of Bahrain. The US$ 10.2 million project is expected to be
completed by the end of September 2007. |
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INTRACOM MIDDLE EAST
deploys a turn-key ISP network using WiMAX access technology to provide
mobile, fixed and nomadic voice and data services over the air. This
state-of-the-art broadband solution will complement the traditional
wireline infrastructure in the Kingdom of Bahrain by providing access to
wireless high-speed internet and voice services.
The project deploys cutting edge technologies provided by Cisco Systems
for the ISP network and Redline Communications for WiMAX access.
INTRACOM MIDDLE EAST will use ZAIN’s support systems to provide WiMAX
services.
Mr. Alexandros Manos, Managing Director of INTRACOM TELECOM, commented:
“INTRACOM TELECOM has been involved in the evolution of WiMAX since its
very first steps. Over the last few years, we have been investing both
in developing of technical expertise and our service delivery capability
in the region to be able to play a leading role in the deployment of the
WiMAX technology and its full integration with the current and Next
Generation Networks.”
Dr. Ahmed Al Shatti, COO of ZAIN Bahrain, added: “The launch of ZAIN’s
new wireless high-speed broadband internet is the next logical step in
our service offering to the Kingdom, as Bahrain has always been the
regional pioneer in the telecommunication services arena. We have chosen
INTRACOM MIDDLE EAST, the preferred technology partner for the
deployment of the WiMAX network, based on the company’s proven track
record in implementing large-scale projects in the region.”
For further information, please visit www.sitronics.com
ZAIN is the new corporate master brand name for the Group (formerly MTC),
the leading mobile telecommunications provider in the Middle East and
Africa. The company operates under the Zain brand in Kuwait, Jordan,
Bahrain and Sudan. In Iraq it is currently known as mtc-atheer, in
Lebanon as mtc-touch and in 14 sub-Saharan countries in Africa as Celtel:
Burkina Faso, Chad, Democratic Republic of the Congo, Republic of the
Congo, Gabon, Kenya, Malawi, Madagascar, Niger, Nigeria, Sierra Leone,
Tanzania, Uganda and Zambia.
In January 2007, the Group launched the ACE (Acceleration,
Consolidation, Expansion) strategy to realize its 3x3x3 vision of
becoming a top-ten global mobile operator by 2011. Zain is wholly owned
by Mobile Telecommunications Company KSC and is listed on the Kuwait
Stock Exchange (Stock ticker: ZAIN). The company’s market capitalisation
at 6 September, 2007 exceeded US$ 30 billion.
For more information please visit www.zain.com
INTRACOM TELECOM is a leading developer and producer of
telecommunication systems as well as supplier of integrated solutions
and professional services to fixed and mobile operators in the EEMEA
region. Over 100 customers in more than 50 countries choose INTRACOM
TELECOM for its state-of-the-art products and solutions. INTRACOM
TELECOM has 2,700 employees, operates subsidiaries in 12 countries and
is amongst the largest European companies leading in R&D investments.
Since June 2006, INTRACOM TELECOM has been controlled by JSC SITRONICS
(Russia) with 51% ownership. JSC SITRONICS is the technology subsidiary
of JSFC SISTEMA, a leading diversified holding company in Russia and the
CIS. INTRACOM HOLDINGS Group (Greece) retains a 49% stake.
SITRONICS is a leading provider of telecommunication solutions,
including software, equipment and systems integration, IT solutions and
microelectronic solutions in Russia and the Commonwealth of Independent
States with a strong presence in Central and Eastern Europe and a
growing presence in the Middle East and Africa.
SITRONICS serves over 3,500 clients, maintains offices in 32 countries
and exports its products and services to more than 60 countries.
SITRONICS has over 10,000 employees of whom approximately 4,600 are
involved in research and development.
SITRONICS’ key Telecommunication Solutions operations are based in
Prague, Czech Republic, Athens, Greece and Moscow, Russia, while the
company’s IT Solutions and Microelectronic Solutions divisions are based
in Kiev, Ukraine and Zelenograd, Russia respectively.
For the three months ended March 31, 2007, SITRONICS’ revenues were US$
310 million. As of 31 March 2007, SITRONICS had total assets of US$ 1.97
billion. SITRONICS is majority owned by Sistema, the largest diversified
holding company in Russia and CIS.
SITRONICS has developed strategic alliances in its home markets with
Cisco Systems, STMicroelectronics, Infineon and Giesecke & Devrient in
relation to certain products and services. SITRONICS has vendor
relationships with Siemens, Ericsson, ORACLE, Intel, Sun Microsystems
and Microsoft. Key customers include Sistema group companies, such as
MTS, Comstar UTS and MTT, and also OTE, Cosmote, Vodafone, Ericsson and
TCL. |
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