Siemens Communications and MTC Group Sign Global Agreement
Siemens Communications, one of the world’s largest communications providers announced today that it has signed a global frame agreement with the regional telecom giant Mobile Telecommunication Company (MTC). The agreeement includes the unification of commercial and legal terms and conditions on a global scale between the two companies.
Jan Cron, Vice President, Siemens Communications Mobile Networks Middle East, said: “This agreement is a landmark achievement for us, as it reinforces our commitment to providing the latest technologies and services to consumers across the region. As the Middle-East telecom market becomes increasingly competitive and fierce, it is even more important for us to work closely with operators and partner for growth. Our long standing relationship with MTC is in line with our vision and goals for this market.”
“We have come from strength-to-strength in our relationship with Siemens which started almost 15 years back. MTC is impressed with the level of professionalism, dedication and commitment that Siemens has displayed over all these years. In Siemens, we find a partner that matches our highest standards of quality by providing our customers with the best end-to-end solutions,” said Mr. Khaled Al Hajeri, Group Chief Technology Officer, MTC. He added, “ As part of our strategy to become a global operator, we are continuously partnering with global suppliers such as Siemens and others to provide our customers with high quality and advanced networks.”
MTC Group is the fastest growing mobile operator in the region with operations in 21 countries across Middle-East and Africa. Being the oldest mobile operator in the region established in 1983, MTC is now ranked 4th in the world in terms of footprint and is continously exploring expansion opportunities through acquisitions of established wireless operators and licenses. Listed on the Kuwait Stock Exchange, MTC's market capitalization exceeds US$13billion.
The agreement with Siemens covers all available technologies within Siemens Communications. Benefits of the agreement include better facilitation and unification of commercial and legal (terms & conditions) for MTC Group and its affiliates.
© 2006 Al Bawaba (www.albawaba.com)
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