Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: slacker711 who wrote (78282)	7/3/2008 10:45:57 AM
From: slacker711	Read Replies (1) \| Respond to of 197013

No dates or dollar amounts but it looks like Sistema is gearing up for their rollout.... businesswire.com Shyam Telelink Selects Equipment Vendors for Its Network Rollout MOSCOW--(BUSINESS WIRE)--Sistema (LSE: SSA), the largest public diversified corporation in Russia and the CIS, which manages fast growing companies operating in the consumer services sector, today announced that Shyam Telelink Ltd. (“Shyam Telelink”), Sistema’s telecommunications subsidiary in India, has selected three vendors to supply equipment for construction of CDMA 800 MHz mobile network in India. ZTE, Alcatel-Lucent and Huawei Technologies have been chosen as vendors in a closed tender. Each vendor will be allocated a certain geographical region in India for the deployment of equipment. The Company considered a number of factors, such as experience in implementation of large-scale projects, technical expertise, local resources and cost parameters, in the evaluation of the tender participants. The contract includes equipment delivery (including base stations, main radio- and switching subsystems and other auxiliary equipment) and provision of services related to network design, installation, start-up and commissioning. Mr. Raymond Armes, President of Shyam Telelink, commented: “We have chosen ZTE, Alcatel-Lucent and Huawei Technologies as our vendors based on the competitive advantages of their equipment and their capabilities to implement complex nation-wide projects.” Shyam Telelink now has spectrum in 19 telecommunications circles, covering 27 Indian states with a population of 1,066.5 million people (which comprise around 94.5% of Indian population).