Italtel and Teledata Networks to Modernize Telefonica
Herzliya, Israel – August 5, 2008: Teledata Networks, a leading global provider of innovative Multiservice Access solutions for NGN (Next Generation Networks), will provide an Access Network solution to Telefonica El Salvador, a part of the Telefonica Group, supplying wireless and wireline services, in the framework of its strategic cooperation with Italtel, the leading company for solutions and services for new generation IP networks.
The BroadAccess MSAG solution which is currently being deployed by Italtel in El Salvador provides a comprehensive one-stop turnkey solution comprising best of breed technology of Teledata Networks Access Networking and Cisco Metro Ethernet Equipment. The solution supports both a traditional V5.2 interface and an option for migration to IP/NGN, and will deliver a similarly varied mix of services, including Telephony, ISDN, ADSL & SHDSL and Ethernet to subscribers.
The project follows an earlier success in which Teledata Networks systems were used to seamlessly migrate Telefonica Guatemala’s Access Networks to NGN. The success of the Guatemala project convinced Telefonica El Salvador to reproduce the project in El Salvador, which is considered in itself a promising stepping stone to further ventures in Latin America.
“The triple alliance between our companies has already proven its value to the customer,” said Eran Ziv, President & CEO, Teledata Networks. “The blend of Teledata Networks’ long-standing expertise in the field of Access Networks, with Italtel and Telefonica’s regional strength generates a surefire winner”.
“We are extremely pleased that Telefonica El Salvador chose Italtel’s competencies as System Integrator and Teledata Networks’ access networks know-how for the development of their network” – said Antonio Cassese, EVP International markets Italtel – “In recent years, Italtel has attained notable success and it has increased its visibility in Latin American markets, thanks to relevant investments and the development of leading-edge solutions with highly qualified technological partner.”
About Telefonica & Telefonica Latin America
The Italtel Group
The Italtel Group designs, develops and implements next generation multiservice integrated network systems, using state-of-the-art products and a system integration capacity that guarantees reliable infrastructures, open to networking and flexible in terms of technology development. These solutions are intended for telecommunications operators (fixed and mobile), Internet Service Providers, large enterprises and the public sector. Italtel turnover in FY 2006 was 546.1 million euro, and the company currently has around 2,400 staff. The body of shareholders of Italtel Group S.p.A., parent company of Italtel S.p.A., is composed as follows: CD&R (48.77%), Telecom Italia (19.37%), Cisco Systems (18.40%), Advent International (8.65%), Brera Capital Partners (2.16%), Cordusio Società Fiduciaria – which holds in trust the shares of employees, managers and directors of the Group as well as the Company’s own shares in the Company (2.65%). Web site: www.italtel.com
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 their competitive 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.
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