VelaTel and ZTE sign purchase order for wireless broadband in Croatia and Montenegro

VelaTel Global Communications, a leader in deploying and
operating wireless broadband and telecommunication networks, and ZTE, announced
their purchase order for 75 base transceiver stations (BTS) plus the core
equipment, other infrastructure and software VelaTel will deploy in connection
with the first phase of its new wireless network projects in Croatia and
Montenegro.


The value of the order is $4.75 million, including
shipping charges and VAT. ZTE is currently configuring the equipment to the
precise spectrum frequencies covered under the licenses of VelaTel’s new
subsidiaries in Croatia and Montenegro.


ZTE estimates the equipment
will be ready for shipment that is tentatively scheduled for end of December
2011 and will clear customs in Croatia and Montenegro and be available for
installation by approximately March 2012.


“Even though we will not officially close our
acquisition of Novi-Net and Montenegro Connect until early January, we are
working with our new partners to take the steps necessary to have sites ready
for installation when the equipment arrives. We appreciate ZTE’s efforts to
expedite this order and to identify where their local people can provide the
services that will ensure a smooth deployment,” said VelaTel’s
COO, Mario Alvarez.


By Telecomlead.com Team
editor@telecomlead.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

TRAI Drive Test Results Show Reliance Jio and Airtel Lead Mobile Network Performance in Jammu and Kashmir

The Telecom Regulatory Authority of India has released the...

TRAI Drive Test Results Show Airtel Leads Voice Reliability as Delhi Mobile Networks Perform Strongly in December 2025

The Telecom Regulatory Authority of India has released the...

TRAI Drive Test Results Show Airtel, Jio and Vi Deliver Strong Mobile Network Performance in Azamgarh and Mau

The Telecom Regulatory Authority of India has released the...

TRAI Drive Test Results Show Airtel and Vi Lead Trichy Mobile Network Performance in December 2025

The Telecom Regulatory Authority of India (TRAI) has released...