| 26th May 2005 - The mobile operator Banglalink, a 100
percent subsidiary of Orascom Telecom has commissioned
Siemens in a frame contract to set up its GSM network
in Bangladesh. Over a period of two years, Siemens Communications
will install turnkey radio and switching systems to Banglalink
to enable mobile communication for up to three million
subscribers. The frame contract comprises a total order
volume of 50 Million US-Dollars.
"Our objective is to make mobile communication
affordable for the people of Bangladesh, and we have
opted for Siemens technology so that we can provide
reliable communication and cost effective solutions
to our subscribers. Our expectations and demands are
high, but we believe Siemens will master the challenges
well", said Lars P. Reichelt , CEO of Banglalink.
With around five million subscribers nationwide, the
mobile market in Bangladesh is currently still in its
infancy. Forecasts predict a rise of up to 20 million
subscribers by 2007.
“We are pleased to make our contribution toward
improving network coverage in the country and to enable
further parts of the population to communicate with
mobile phones”, said Christoph Caselitz, the President
of the Networks Division at Siemens Communications.
The Orascom Telecom Group is one of the fastest growing
mobile telecommunications companies in the Middle East,
Africa, and Asia.
About Orascom Telecom
Orascom Telecom (OTH) is a leading mobile telecommunications
company operating in nine emerging markets in the Middle
East, Africa and South Asia having a total population
under license of approximately 520 million with an average
penetration of mobile telephony of 5%. In addition to
Banglalink, Orascom Telecom operates, GSM networks in
Algeria ("Djezzy"), Egypt ("MobiNil"),
Pakistan ("Mobilink"), Iraq ("IraQna"),
Tunisia ("Tunisiana"), Congo Brazzaville ("Libertis"),
Democratic Republic of Congo ("Oasis") and
Zimbabwe ("Telecel Zimbabwe"). OTH provides
the best quality services to its customers, value to
shareholders, and a dynamic working environment for
its nearly 11,000 employees.
About Siemens Communications
Siemens Communications is one of the largest players
in the global telecommunications industry. Siemens is
the only provider in the market that offers its customers
a full-range portfolio, from devices for end users to
complex network infrastructures for enterprises and
carriers as well as related services. Siemens Communications
is the world’s innovation leader in convergent technologies,
products and services for wireless, fixed and enterprise
networks. It is the largest Group within Siemens and
operates in more than 160 countries around the world.
In fiscal 2004 (year-end September 30), its 60,000-strong
workforce posted sales of approximately 18 billion euros.
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