Teledata Networks Cooperates with Italtel for Delivery of BroadAccess Multiservice Access Gateways to Telefonica Moviles Guatemala
Amsterdam, Netherlands – July 5, 2006: Teledata Networks, a leading globalprovider of innovative Access Network solutions that enable smooth migration toNext Generation Networks (NGN), is supplying advanced BroadAccess MultiserviceAccess Gateways supporting broadband and traditional services to TelefonicaMoviles Guatemala, as part of an agreement between Italtel, one of the leadingcompanies in the supply of products, solutions and services for next generationnetworks over IP, and Telefonica Moviles Guatemala, which is a part of theTelefonica Group in the Guatemalan market, supplying wireless and wireline services.
The agreement covers the modernization of the access network, migration to an IPbackbone and the supply of high speed Internet services to business and residentialsubscribers in the City of Guatemala.
Teledata Networks’ participation in the project is a result of its strategic cooperationwith Italtel for development of Next Generation Network solutions. TeledataNetworks’ equipment supplied to Guatemala includes BroadAccess MultiserviceAccess Gateways supporting V5.2 and IP networks, and a mix of traditional andbroadband services, from POTS to SHDSL and ADSL2+.
“This project is a significant milestone in our ongoing cooperation with Italtel, andalso an opportunity to work with a distinguished operator like Telefonica Moviles,strengthening our South America installed base”, said Amnon Unger, CEO, TeledataNetworks.
“We are pleased with the fruitful cooperation with Teledata Networks in the field ofinnovative NGN solutions, “ said Franco Serio, Executive Vice President MultimediaProduct and Services, Italtel. “Our Softswitch leadership, together with TeledataNetworks’ Access expertise, yields a novel end-to-end solution for operators whointend to implement a new network or upgrade their infrastructure”.
About Teledata Networks
Teledata Networks is a leading global provider of innovative Access Networksolutions that enable smooth migration to Next Generation Networks (NGN) anddelivery of Triple Play services. The company tailors unique solutions for telecomoperators and services providers in accordance with their needs, to enhance theircompetitive edge.
Teledata Networks has accumulated a wide installed base spanning millions of linesin over 50 countries worldwide. Its twenty years of experience have yieldedoutstanding technological leadership, a high level of expertise and a strong foundationof intellectual property.
Teledata Networks is a private company, in which the major shareholders are theKardan group (Euronext: KARD), Elron Investments (NASDAQ: ELRN) and InfinityVenture Capital Fund. Learn more about Teledata Networks atwww.teledata-networks.com
About Telefonica & Telefonica Moviles Guatemala
Telefonica is one of the largest telecommunications companies in the world. Itsactivities are centered mainly on the fixed and mobile telephony businesses withbroadband as the key tool for the development of both. Telefonica has a strongpresence in Latin America, where the company focuses an important part of itsgrowth strategy. Telefonica Moviles Guatemala is part of the Telefonica Group in theGuatemalan market, supplying wireless and wireline services. It has more than 1.2million subscribers nationwide and unifies all its operations in Guatemala under theMovistar brand name.
About the Italtel Group
The Italtel Group designs, develops and installs solutions for new-generationintegrated multi-service networks (voice/data/video), with cutting-edge products and asystems integration capacity that offers fixed and mobile telecommunicationsoperators and Internet Service Providers reliable infrastructures that are open tonetworking and flexible in their technological evolution. Italtel’s revenues for 2005totalled 545.8 million euros; the company today has around 2,300 employees.The shareholders of Italtel Group S.p.A., the parent company of Italtel S.p.A., are:CDRD Investment (Luxembourg) III S.ar.l., (48.77%), Telecom Italia Finance S.A.(19.37%), Cisco Systems International B.V. (18.40%), Advent Investment(Luxembourg) S.ar.l. n. 3 (8.65%), Brera Italtel LLC (2.16%), Cordusio SocietàFiduciaria per Azioni – which holds in trust the shares of Group employees andCompany directors in addition to its own shares in the Company (2.65%). The ChiefExecutive Officer of Italtel is Mauro Righetti. Website: www.italtel.com
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