The Agreement

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.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Chinese invest nearly $37 bln overseas

Chinese companies invested 3.62 billion US dollars in non-financial sectors overseas in 2004, an increase of 27 percent year-on-year more »

Azerbaijan Plans to Cut Zeroes From Banknotes in Currency Reform

Azerbaijan plans to slash zeroes from its banknotes in a currency reform aimed at making it easier to use by the public starting in 2006 more »

Czechs get 5 bids for Cesky stake

The Czech privatization agency received five preliminary bids for a majority stake in the country's dominant telecommunications company more »

EIB to raise lending to east Europe

The European Investment Bank plans to increase its loan portfolio this year to a record high of €45bn (£31bn) and to take greater risks in its lending strategy more »

Investments in Moldova's fixed assets up

According to preliminary data, investments in Moldova's fixed assets grew 8 percent to $403.4m in 2004 more »

IMF mission led by Thomsen arrives in Moscow Feb 9

An International Monetary Fund mission led by Poul Thomsen, senior IMF representative to Russia, will arrive for a one-week visit to Moscow on February 9 more »

Vnesheconombank denies role in Yugansk sale

The bank admitted, though, that in acting as agent for Russian foreign trade operations it had taken a loan from a group of Chinese banks to fund Russia’s long-term exports to China more »

New Ukrainian PM moves to cancel privatization deals

Ukraine's new prime minister ordered the government Saturday to begin the process of returning Ukraine's largest steel mill to state control with the aim of putting the mill back up for auction more »

WB to help Russia enter global markets

The World Bank is planning to assist Russia in entering global markets by providing it with consultations and exchange of experience more »

BELARUS REPORTS 40 PERCENT RISE IN FOREIGN TRADE IN 2004

Foreign Ministry spokesman said on 3 February that Belarus's foreign trade rose by 40 percent year-on-year in 2004 to $30.1 billion, including $19.1 billion with CIS countries more »