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
Bulgaria's foreign minister stressed on the importance of EU market access after Bulgaria joins the Union
more »
China and Russia have pledged to establish a 10-square-kilometre quasi-free trade zone along their borders, with an estimated investment of US$1 billion
more »
Lithuania’s economy may reach the level of old EU member states in 18 years
more »
The Polish central bank believes interest rate rises are inevitable due to surging economic growth, a top central banker said Tuesday
more »
Bank BPH has announced its strategy for 2004-2006
more »
Small companies having less than 10 employees and annual revenues up to LTL 1 million (EUR 290,000) will have a zero profit tax rate on the LTL 25,000 (EUR 7,240) share of taxable profit
more »
An international conference
“Lithuania in the Europen Union: values that we protect, changes that we seek”
was organized by the Lithuanian Government and the family of big business
organizations, with „Penki kontinentai“ Communication Center among them, in Vilnius.
more »
The Federal Court of Switzerland has partially annulled the order of the Federal Prosecutor’s Office to freeze the Swiss bank accounts of several shareholders of the Russian Yukos oil company and the Menatep holding group
more »
Kazakhstan continues to negotiate with member-states concerning the entrance the World Trade organization
more »
The average rate of tenge at Kazakhstani Stock Exchange (KASE) on Monday, June 14, has remained without changes in comparison with Friday and made 136.14 tenge against $1
more »