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INTRACOM TELECOM signs two new multi-million contracts with MTS in Russia
Athens, Greece - 28 March 2011 - INTRACOM TELECOM, a part of SITRONICS, through its subsidiary Intracom Svyaz in Russia, announced today the signing of two new contracts of equal value with MTS for a total of USD 60 million. The first contract is for the supply of INTRACOM TELECOM's OmniBAS Native Ethernet Radio platform and INTRALINK Radio Relay systems. The second contract is for the supply and build-out of MTS's next generation Mobile Backhaul network in two macro regions, based on Tellabs equipment.
Within the framework of the first agreement, INTRACOM TELECOM will introduce for the first time in MTS network its Native Ethernet Radio Transmission platform, a concrete milestone towards the implementation of the operator's overall strategy for all-IP migration. OmniBAS is a high capacity, fully manageable transmission platform primed for the most demanding operators embarking on 4G/LTE. It incorporates highly efficient traffic handling technology and bandwidth utilization techniques assuring carrier class service delivery with the highest availability.
Under the second agreement, INTRACOM TELECOM's Russian subsidiary will undertake the supply, installation, testing, commissioning and technical support for MTS Mobile Backhaul network employing the Tellabs 8600 series router. This system provides market leading Ethernet switching capabilities and a rich set of interface modules, while itboasts highest port-density supporting the smooth evolution from 2G/3G networks to 4G and LTE. INTRACOM TELECOM in cooperation with Tellabs has performed extensive field tests in MTS proving the advantages of the selected solution.
INTRACOM TELECOM's products and services have been supplied to MTS since 2008 and recently the company was recognized by MTS as a Strategic Supplier.
"We are proud to have been selected by MTS to support with our advanced products and services its evolution to 4G/LTE. We are committed to facilitating the smooth and rapid modernization of MTS's transmission network to an all-IP architecture, fully addressing current and future demands." commented Mr. Athanasios Antoulinakis, General Director of Intracom Svyaz.
About OmniBAS
OmniBAS is a next generation Ethernet microwave backhaul, developed and manufactured by INTRACOM TELECOM, offering for operators demanding a cost-effective and technologically-advanced solution for their transport and backhaul network. OmniBAS is best fit for cellular mobile operators, fixed license operators and utility companies. Enabling an evolved approach toward smooth all-IP migration, OmniBAS delivers new compelling services and expands customer base without additional expenditures. Traditional circuit-based services are seamlessly emulated with Pseudo-Wire (PW) technology and are delivered with assured high quality.
About Mobile TeleSystems OJSC ("MTS")
Mobile TeleSystems OJSC ("MTS") is the leading telecommunications group in Russia, Eastern Europe and Central Asia, offering mobile and fixed voice, broadband, pay TV as well as content and entertainment services in one of the world's fastest growing regions. Including its subsidiaries, the Group services over 105.2 million mobile subscribers in Russia, Ukraine, Uzbekistan, Turkmenistan, Armenia and Belarus, a region that boasts a total population of more than 230 million. Since June 2000, MTS' Level 3 ADRs have been listed on the New York Stock Exchange (ticker symbol MBT). Additional information about the MTS Group can be found at www.mtsgsm.com.
About INTRACOM TELECOM
INTRACOM TELECOM is an international telecommunication systems vendor operating in Eastern Europe, the Middle East & Africa, Russia, the CIS and Asia-Pacific. Over 100 customers in more than 50 countries choose INTRACOM TELECOM for its state-of-the-art products and solutions. INTRACOM TELECOM has 2,300 employees, operates subsidiaries in 16 countries and is amongst the largest European companies leading in R&D investments. Since June 2006, INTRACOM TELECOM is controlled by JSC SITRONICS (Russia) with 51%. JSC SITRONICS is the technology subsidiary of JSFC SISTEMA, the largest consumer services company in Central and Eastern Europe. INTRACOM HOLDINGS Group (Greece) retains a 49% stake.
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