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HSTX Harris Stratex Networks (MM)

7.34
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Harris Stratex Networks (MM) NASDAQ:HSTX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.34 0 01:00:00

Harris Stratex Networks Enters into Turnkey Contract With Uninor for Transmission Microwave Solutions

27/01/2010 10:00pm

PR Newswire (US)


Harris Stratex Networks (MM) (NASDAQ:HSTX)
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RESEARCH TRIANGLE PARK, N.C., Jan. 27 /PRNewswire-FirstCall/ -- Harris Stratex Networks, Inc. (NASDAQ:HSTX), a leading provider of wireless solutions that enable the evolution of next-generation fixed and mobile broadband networks, today announced it has signed a contract with Uninor - the joint venture of the Telenor Group and India's Unitech Ltd. The contract is all-inclusive, incorporating supply, install, commission and maintenance services, as well as the backhaul and access microwave links. Under the five year contract, Harris Stratex will supply its latest state-of-the-art Eclipse platform microwave solution to meet both TDM and IP backhaul requirements. Telenor Group entered the Indian mobile market through Uninor - its joint venture with India's Unitech Limited. Uninor has license to operate 2G services across all 22 telecom regions in India. The company has already launched its services in eight telecom regions and is looking forward to launch services in additional regions in early to mid 2010. "Over the next year, Telenor Group will experience an explosive rate of growth in India, which began with the largest single day launch in telecom history, and a service footprint covering almost 600 million people," said Harald Braun, president and chief executive officer of Harris Stratex Networks. "Harris Stratex is proud to help enable this coverage with our industry-leading Eclipse platform, and world-class service and support." Eclipse is the most comprehensive wireless backhaul solution available, enabling optimized transport of all types of traffic, from low-capacity PDH to high-capacity SDH/SONET or Gigabit Ethernet. It offers innovative features such as Super-PDH nodal networking, delivering high-end performance at lower overall cost of ownership. For more information, please visit http://www.harrisstratex.com/. About Harris Stratex Networks, Inc. Harris Stratex Networks, Inc. is a leading specialist in backhaul solutions for mobility and broadband networks. The company offers reliable, flexible and scalable wireless network solutions, backed by comprehensive professional services and support. Harris Stratex Networks serves all global markets, including mobile network operators, public safety agencies, private network operators, utility and transportation companies, government agencies and broadcasters. Customers in more than 135 countries depend on Harris Stratex Networks to build, expand and upgrade their voice, data and video solutions. Harris Stratex Networks is recognized around the world for innovative, best-in-class wireless networking solutions and services. For more information, visit http://www.harrisstratex.com/. About Unitech Wireless and Uninor Uninor is the brand name for Unitech Wireless - the joint venture company of India's second largest diversified real estate major Unitech Ltd., and the Norway-based world's 6th largest mobile services provider Telenor Group. At present, the Telenor Group has already invested INR 4113.46 crores through new shares in the joint venture company with an agreement to raise this to INR 6120 crores to hold 67.25% stake. The company holds a pan-India UAS license to offer mobile telephony services in each of India's 22 circles. It has also received spectrum to roll out these services in 21 of the 22 circles. At present, Uninor services are available in the eight circles of UP (West), UP (East), Bihar, Orissa, Tamil Nadu, Karnataka, Kerala and Andhra Pradesh. For more information, visit http://www.uninor.in/ or http://www.unitechgroup.com/ Trademarks Eclipse is a registered trademark of Harris Stratex Networks, Inc. DATASOURCE: Harris Stratex Networks, Inc. CONTACT: Scott Smith, Public Relations of Harris Stratex, +1-408-438-3408, Web Site: http://www.harrisstratex.com/ http://www.uninor.in/ http://www.unitechgroup.com/

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