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.
Siemens Communications
The Siemens Communications Group is one of the largest players in the global telecommunications industry. The company offers a full-line portfolio of innovative solutions for voice and data communication. Its comprehensive offerings range from devices right through to complex network infrastructures and services for wireless, fixed and enterprise networks. It is the largest Group within the Siemens organization and operates in more than 160 countries around the world. In fiscal 2005 (September 30), its 54,500-strong workforce posted sales of over 13 billion euros.
More about Siemens Communications at http://www.siemens.com/communications
Mobile Telecommunications Company (MTC)
Mobile Telecommunications Company (MTC), the fastest growing mobile operator in the Middle East and Africa pioneered mobile services in the region. We began life in 1983 in Kuwait as the region's first mobile operator, and since the initiation of our '3x3x3' expansion strategy in 2002, we have expanded rapidly.
As a leading mobile and data services operator in five Middle Eastern and 13 sub-Saharan African countries with 7000 employees, we provide a comprehensive range of mobile voice and data services to over 15 million individual and business customers.
We operate in Kuwait and Bahrain as mtc-vodafone, in Jordan as Fastlink, in Iraq as mtc atheer, in Lebanon as mtc touch, in Sudan as Mobitel and in 13 sub-Saharan countries in Africa as Celtel: Burkina Faso, Chad, Democratic Republic of the Congo, Republic of the Congo, Gabon, Kenya, Malawi, Niger, Sierra Leone, Tanzania, Uganda and Zambia and most recently Madagascar.
Listed on the Kuwait Stock Exchange (Code; Tele), MTC's market capitalization exceeded US$12 billion as of April 1st 2006. For more visit: www.mtctelecom.com
