Athens, June 28, 2007 - INTRACOM TELECOM, a part of SITRONICS Telecommunication Solutions business division, signed a €4.5 million contract with MTEL, a recently established mobile operator in Montenegro, for the deployment of its WiMAX network.
The scope of the contract is the turn-key supply, installation and putting in operation of WiMAX base stations and user terminals, aiming to support MTEL in offering highly competitive services using innovative, state-of-the-art technologies. This project will be completed over a period of four months. The contract also includes managed services for one year, with an extension option for another three years.
Mr. Zlatko Trhuli, Chief Executive Officer of MTEL, commented: "Our vision is to become one of the most dynamic GSM/3G and WiMAX operators in the market of Montenegro providing high quality telecommunication services. Thus, we need to invest in partnerships which will enable us to pursue this goal. INTRACOM TELECOM's previous successful cooperation with TELECOM SERBIA played a key role during our partner selection process for this project".
Mr. A. Manos, Managing Director of INTRACOM TELECOM, said: "This project is of great importance to us since it is the biggest WiMAX network deployment planned in the Balkan region, our home market. INTRACOM TELECOM's expertise in delivering complex telecom projects will enable MTEL to achieve rapid and cost-effective network growth, benefiting from cutting edge broadband wireless technology and services. We look forward to employing our proven experience on WiMAX network towards the successful development of MTEL".