13.01.2005 11:18:00
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ECI Telecom Deploys Optical Equipment Valued at $10 Million in Bharti
Business Editors
PETAH TIKVA, Israel--(BUSINESS WIRE)--Jan. 13, 2005--ECI Telecom (NASDAQ:ECIL), a leading telecommunications solutions provider, announced today that it has completed an initial order in the amount of $10 million for deploying hundreds of XDM(R)-100 optical platforms to Bharti Infotel, a unit of Bharti Tele-Ventures, one of the largest telecommunications companies in India. The new infrastructure encompasses all of India, covering 15,000 kilometers and passing through 10 districts and India's major cities. The installation has been successfully completed and ECI has received Bharti's acceptance and commissioning certificate.
Bharti Tele-Ventures chose ECI's XDM solution to create additional capacity in its network. The XDM enables Bharti to deliver next generation services to its ten million customers, and offers Bharti unprecedented capacity, cost-savings and ease of integration.
"We looked at offers from prominent optical companies," said Jagbir Singh, Group CTO, Bharti Infotel Limited. "ECI offered next generation SDH systems that met our needs in a cost effective manner."
ECI signed a two-year agreement with Bharti Tele-Ventures, and has been supplying the infrastructure to the company's Bharti Infotel unit, which consists of the national backbone and carrier of carrier divisions.
The XDM converges intelligent optical networking capabilities with advanced data functionality including Ethernet Layer 2, SDH/SONET, CWDM and DWDM. Offering a modular approach to building next generation services, the XDM enables carriers to maximize investment in existing infrastructure while generating new revenue opportunities.
"The new order from one of India's largest telecommunications companies, is an endorsement of our optical networks products", said Doron Inbar, ECI's President and CEO."ECI continues to demonstrate technological leadership as we continue to penetrate the growing India telecom market, which is one of our focus market".
About Bharti:
Bharti Tele-Ventures is one of India's leading private sector provider of Tele-communications services with an aggregate of 10.2 million customers as of end of November '04, consisting of approximately 9.42 million mobile customers. The company today offers mobile services in 19 out of 23 circles in India.
The company also provides fixed - line services and Internet access over DSL in 5 circles. The company complements its mobile and fixed-line services with national and international long distance services. The company also has a submarine cable landing station at Chennai, which connects the submarine cable connecting Chennai and Singapore. The company provides reliable end-to-end data and enterprise services to the corporate customers by leveraging its nationwide fiber optic backbone, last mile connectivity in fixed-line and mobile circles, VSATs, ISP and international bandwidth access through the gateways and landing station. For more information, visit www.bhartiteleventures.com
About ECI Telecom
ECI provides advanced, telecommunications solutions to leading carriers and service providers, worldwide. By translating a deep understanding of its customers' needs into innovative, technologically excellent solutions, ECI enables its customers to increase the value of their networks and reduce operating expenses. ECI's platforms enable carriers and service providers to introduce new revenue-generating services easily. ECI has pioneered key technologies including voice compression, SONET/SDH, DSL, and has enabled the establishment of global networks. ECI specializes in metro optical networks, broadband access, bandwidth management and carrier-class VoIP solutions.
Certain statements contained in this release may contain forward-looking information with respect to plans, projections or future performance of the Company. By their nature, forward-looking statements involve certain risks and uncertainties including, but not limited to, product and market acceptance risks, the impact of competitive pricing, product development, commercialization and technological difficulties and other risks detailed in the Company's filings with the Securities and Exchange Commission.
--30--JM/ny*
CONTACT: ECI Telecom Investor Relations: Jay Kalish, +972-3-926-6255 jay.kalish@ecitele.com or Media Relations: Karen Gershon, +972-3-926-8341 Karen.gershon@ecitele.com or PR@vantage Fran Bosecker, +1-212-532-5612 fbosecker@pr-vantageny.com
KEYWORD: INDIA ISRAEL INTERNATIONAL ASIA PACIFIC AFRICA/MIDDLE EAST INDUSTRY KEYWORD: TELECOMMUNICATIONS NETWORKING PRODUCT MARKETING AGREEMENTS SOURCE: ECI Telecom
Copyright Business Wire 2005
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