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

The Connection of Kazakhstan to the Baku-Ceyhan Pipeline

Russian deputy foreign minister Viktor Kalyuzhny believes that the reason for the connection of Kazakhstan to the Baku-Ceyhan pipeline is the rigid tariff policy of Russia more »

A logical next step

Lithuania’s stock exchange now controlled by OMHex, the Swedish-Finnish exchange more »

Bank of America to cut 12,500 jobs

Bank of America Corp., newly merged with FleetBoston Financial Corp., said Monday it will cut 12,500 jobs - or nearly 7 percent of its work force - over the next two years more »

TDI to invest EUR 100 million in Central Europe

Trigon Direct Investments (TDI), the private equity fund set up by a Scandinavian investment bank Trigon Capital (TC), intends to invest up to EUR 100 million in Central and Eastern Europe more »

Bank PKO BP poised to invest zł.400 million on IT

PKO BP, the largest national retail bank will devote zł.400 million this year on IT related investments more »

Cameco Corp. and partner to develop Inkai uranium deposit in Kaz

Cameco Corp. and the National Atomic Co. of Kazakhstan announced Thursday that they will develop a uranium deposit in Kazakhstan more »

The Gold and Foreign Currency Reserves

Russia's gold, forex reserves were at $83.7 bln on March 26 more »

BS/2 will play the master role at ATMIA conference

Penkių kontinentų bankinės technologijos (BS/2) will play the master role at ATMIA Central and Eastern Europe conference, which is organised for the first time in Lithuania in September. more »

The Battle

The court-room drama will take place in the Court of Justice in Luxembourg more »

The criteria for euro adoption

Czech central bank governor calls for change in euro adoption criteria more »