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

Ukraine Market Best in Europe

Ukraine's stock market is Europe's best performer this year, buoyed by exports to neighboring Russia and the European Union more »

Kazakhstan Arrests Property US Firm for Tax Evasion

The Kazakh authorities have arrested the property, including the Sunkar floating platform, of Parker Drilling more »

Fears of tighter supplies increase cost of oil

Oil prices have been pushed up again by several factors more »

GAZPROM TO TAKE PART IN PRIVATISATION TENDER IN ROMANIA

The Russian gas giant, Gazprom, will take part in the tender to privatise one and not two gas distribution company more »

Polish economy set to grow 5.5 percent

The Polish economy should grow by 5.5 percent year-on-year in 2004 more »

Serbia Pulling in Western Funds

Foreign investors seemingly unfazed by Serbia’s numerous economic and political problems more »

London Club to Write Off Serbian Debt

The London Club has agreed to write off more than half of Serbia's $2.8 billion debt to the group and reschedule payments on the remainder over the next 20 years more »

UZBEK NATIONAL CURRENCY INTRODUCED 10 YEARS AGO

On 1 July, Uzbek national currency - soum - turned 10 years more »

Ukraine’s debt rises to $14.7bn

Ukraine’s public debt increased by $33m, or 0.2 percent, in May to $14.696bn, according to Ukraine’s Finance Ministry more »

RUSSIA HAS NO BANKING CRISIS, BELIEVES BUSINESS COMMUNITY

The Russian Union of Industrialists and Entrepreneurs does not think that Russia has a banking crisis more »