Sitronics Signs Agreement with Mobile Operator Warid Telecom Uganda

On 12.03.10, In Mobile, By Editor

Sitronics, a provider of solutions in the field of telecommunications, information technology and microelectronics in Russia and CIS countries, with a presence in other EEMEA emerging markets, announced that it has signed a new contract with Ugandan mobile operator Warid Telecom Uganda.

As part of the new agreement Sitronics provided additional FORIS licenses to support growth of Warid Telecom Uganda. Upgrade is 1.1 million licenses by which customer will reach total of 2.4 million licenses.

“We are pleased to announce this new deal with Warid Telecom Uganda,” said Sitronics Telecom Solutions CEO Mikhail Bondarenko. “This agreement highlights the beneficial relationship and trust between the two companies, and further developing our cooperation will enable Warid to increase the number of their satisfied customers and to extend their market presence in Uganda.”

Sitronics products, services and solutions currently enable the operations for over 100 million end users in such telecommunications operators as the MTS Group, Comstar UTS, Vodafone and Telecom Serbia, in a number of countries around the world, including the Czech Republic, Germany, Russia, Ukraine, India, Pakistan, Serbia and Uzbekistan.

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Comstar to begin re-branding with MTS (Russia)

On 10.06.10, In Mobile, By Editor

Mobile TeleSystems (MTS) the Russian cellular group has announced the next phase of its incorporation programme with fixed line subsidiary Comstar UTS. The company confirmed that Comstar’s services in all regions will begin the re-branding this month.

MTS has also indicated that all units presently in service in the Comstar brand will be steadily transferred to the MTS brand by the end of 2011. If reports are to be believed, integrated call centres will be launched by Q1 2011.

Comstar has over 100 local subsidiaries nationally. In September 2010 MTS raised its stake in Comstar to 70.65%, following the acquisition of an additional 36,256,945 ordinary shares via a voluntary tender offer (VTO).

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MTS revenue rises 23.2% in Q1 (Russia)

On 06.10.10, In Mobile, By Editor

www.WirelessFederation.com/news: 23.2% year-on-year rise in the revenue has been announced by Russian telecoms group MTS for the three months ended March 31, 2010 with USD 2.614 billion. The positive currency effects can be attributed as the reason behind the rise in the revenues.

Revenues from the mobile segment rose 17.9% to USD2.07 billion and from the fixed line segment, it increased 22.1% to USD408 million. Increased usage, greater adoption of data products, higher handset sales, subscriber additions and its move into the fixed market with the acquisition of Comstar UTS are some of the other factors contributing to the growth.
20.4% rise in the OIBDA of USD1.154 billion has been recorded while the OIBDA margin fell one percentage point to 44.1%.

Net profit of USD381.3 million has also been reported by the company when compared to a loss of USD53.5 million in the year-earlier period, helped by refinancing of much of its borrowing.

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