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Technology Stocks : Netro Corp - (NTRO) -- Ignore unavailable to you. Want to Upgrade?


To: swedelo who wrote (780)2/7/2002 7:53:05 AM
From: swedelo  Read Replies (1) | Respond to of 792
 
Netro Corporation to Distribute AirStar System in India Through Spanco Telesystems and Solutions LimitedWith Growing Demand for Telecommunications Technologies in India Spanco Deal is First Distribution Relationship for Global Leader
SAN JOSE, Calif., Feb 6, 2002 (BUSINESS WIRE) -- Netro Corporation, (Nasdaq: NTRO chart, msgs), today announced it will distribute its AirStar system in India through Spanco Telesystems and Solutions Limited, a provider of telecommunications and networking solutions in India. With the AirStar(R) system, Spanco will provide its telecommunications and networking solutions to incumbent and competitive carriers in India.

"The decision to work with Spanco is part of our strategic plan to tap the strong potential of the broadband wireless market worldwide. With the Spanco relationship, we are advancing towards our goal to build local sales channels in partnership with country-specific distributors," said Peter Carson, senior vice president of worldwide sales for Netro Corporation. "Our relationship with Spanco will enable us to address the enterprise voice and data market in India, where there is limited existing wireline infrastructure. We expect that our relationship with Spanco will grow further as we expand our product line to address the need for mass market voice and data solutions as well."

"Netro's AirStar System addresses the needs of telecommunications carriers with a state-of-the-art solution. The AirStar System will allow us to service the data and voice needs of our growing base of business customers," said Rajesh Chabria, managing director of Spanco Telesystems and Solutions Limited.

About Spanco Telesystems and Solutions Limited

Spanco Telesystems and Solutions Limited, a public limited company listed on Bombay Stock Exchange, is a leading System Integrator for telecom carriers in India. Apart from catering to the requirements of access networks on fiber, copper and wireless, Spanco is actively involved in various major networking projects with utilities such as railways, oil companies, and the Indian Department of Defense. Under the e-Business division, Spanco caters to the networking requirements of corporations/enterprises and end-to-end solution provisioning of Customer Contact Centers for both international as well as domestic applications. Spanco has a countrywide presence in India by virtue of seven regional/branch offices across the country to cater the technology requirements of carriers, corporations and call centers. For more information, contact Spanco Telesystems and Solutions Ltd., B-22 Krishna Bhavan, B.S. Deoshi Marg, Deonar, Mumbai -- 400 088. Telephone: 91.22.5958100 / 5557201, Fax : 91.22. 5958105.

About Netro Corporation

Netro Corporation (Nasdaq: NTRO chart, msgs) is a leading provider of fixed broadband wireless access systems used by telecommunications service providers to deliver voice and high-speed data services to customers worldwide. Netro's vision is to provide breakthrough technology packaged in a carrier-class, practical solution that enables quick service delivery and efficient use of capital. Netro offers a broad range of low and high frequency products for business and residential, access and backhaul infrastructure needs, with a wide set of licensed frequencies for point to multipoint- 1.9 to 39 GHz. The Company's products have an impressive track record of performance and stability worldwide.
Contact:

Netro
Haven Bourque, 408/216-1500
havenb@netro-corp.com
or
PR21, for Netro
Rowan Benecke, 415/369-8102
rowan.benecke@pr21.com