Siemens to Extend GSM Networks for Russian Mobile Operator MTS - Business Volume Over USD 200 Million
Published:
13 May 2004 y., Thursday
Leading mobile operator in Central and Eastern Europe, Mobile TeleSystems (MTS) has awarded the Siemens Information and Communication Mobile Group (Siemens mobile) to extend its GSM networks in Russia, Belarus and Ukraine. In total, the business volume for these networks extensions by Siemens mobile will be over USD 200 Million in 2004.
Under the terms of the agreement, Siemens mobile will expand and upgrade the switching subsystems in various regional MTS networks in Russia, Belarus and Ukraine. Furthermore, the company will extend the GSM radio networks with further base stations and the intelligent network platform with new services. Facing the continued growth in the subscriber base of MTS (5 percent growth in March 2004) the expansion of the networks will make it possible to meet the fast growing requirements of the more than 20 million MTS customers for voice and data services until end of 2004.
'The quality of our network is based on the high quality of Siemens, one of the most reliable world manufacturers of telecommunications equipment. The new agreements will develop our many years of partnership in the future,'explained MTS President and CEO Vassily Sidorov.
'The new contracts underline Siemens'leading role in the Russian mobile infrastructure market. We are very pleased to support MTS to substantially increase its possibilities and subscriber base in Russia, Belarus and Ukraine,'said Karl-Christoph Caselitz, President of Networks at Siemens mobile. 'Many years of our strategic partnership with this leading mobile operator in Russia, Central and Eastern Europe prove once again the reliability and the high quality of the equipment supplied by Siemens.'
Šaltinis:
BUSINESS WIRE
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Canadian gold driller and miner Dundee Precious Metals Inc. received Monday first-class investment certificate from Bulgarian government
more »
The Unipetrol Refinery company of the Czech Republic has purchased this year's third portion of Azeri Light profit oil to be exported by the State Oil Company (SOCAR)
more »
Seeking to cool market sentiment, the head of Opec on Sunday said the organisation is concerned about stubbornly high prices that defy what he described as a well-supplied market and adequate crude stocks worldwide
more »
On February 17 the German bank Dresdner Bank AG became the first remote member of the Warsaw Stock Exchange
more »
Polish businessmen convened, in Cassablanca Wednesday, with members of the Casablanca Chamber of Commerce, Industry and Services to discuss means to reinforce bilateral trade cooperation
more »
Hungary’s banks posted record profits in 2004, driven mainly by a surge in lending to households
more »
Bank Austria Creditanstalt (BA-CA) has acquired a 89.92% stake and HVB Biochim Bank - a 9.99% of stake in Bulgaria's Hebros Bank
more »
Russia and Kazakhstan sign cooperation memo
more »
The European Bank for Reconstruction and Development is planning a raft of new investments in Ukraine to underpin the country's democratic transformation under President Viktor Yushchenko
more »
Peugeot Citroën, the French cars group, is planning to turn its back on western Europe and concentrate all its investment in new plant in eastern Europe
more »