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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Symmetricom, Inc. (MM) | NASDAQ:SYMM | 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% | 7.18 | 0 | 01:00:00 |
SAN JOSE, Calif., March 19, 2012 /PRNewswire/ -- Symmetricom®, Inc. (NASDAQ: SYMM), a worldwide leader in precision time and frequency technologies, today celebrated the first anniversary of Symmetricom India Pvt. Ltd. Established in 2011 in recognition of the opportunities in the region, Symmetricom India is a sales and service operation that provides precise timing and synchronization solutions and support for communications service providers, enterprises and government customers in India, Bangladesh, Nepal and Sri Lanka. The region is widely recognized as one undergoing significant growth in its infrastructure, including both communications and government.
(Logo: http://photos.prnewswire.com/prnh/20110829/AQ59077LOGO)
The Indian mobile industry is expected to continue double-digit growth throughout 2012 with mobile penetration increasing to 72.5 percent within the year according to a report by Gartner, Inc. 3G and 4G networks have increasingly stringent synchronization requirements as backhaul networks transition from TDM to packet based infrastructure. The evolution of this infrastructure has placed an increased importance on timing and synchronization technology, as it plays a pivotal role in the success of communications networks and directly impacts the overall quality of service (QoS) of voice, video and data services.
Space and defense infrastructure spending is also expected to grow significantly over the next decade according to research published by Deloitte. Symmetricom's hydrogen, cesium and rubidium time standards, quartz oscillators, and the Quantum™ Chip Scale Atomic Clock (CSAC) have supported more military communications, satellite ground stations, metrology laboratories and test and measurement applications than any other precision frequency references in the world.
"Symmetricom has a significant customer base in the Indian sub-continent," said Dave Cote, president and chief executive officer at Symmetricom. "The demand for precise timing and synchronization across multiple market segments in India is expected to grow substantially in the coming years and Symmetricom is well positioned to help its customers in this region benefit from the world's leading solutions in this domain, with local expertise and support."
Symmetricom's synchronization services assist customers with the planning, deployment and maintenance of synchronization infrastructure. Services are designed to help lower costs, streamline processes, ensure quality, and deliver the highest level of performance from a synchronization network.
Localized service solutions are available for the India market that cover a wide range of applications including:
Symmetricom® India Pvt. Ltd has it headquarters in Gurgaon, India and provides pre-sales, network design services, technical training and certification programs for the India sub-continent. Symmetricom India Pvt. Ltd has a full laboratory for customer support and hands on training, and is a wholly-owned subsidiary of Symmetricom.
Symmetricom India Pvt. Ltd
707, Tower B, Global Business Park
MG Road, Sector 26, Gurgaon 122 002
Haryana, India
Tel: +91 124 4861712
About Symmetricom, Inc.
Symmetricom (NASDAQ:SYMM), a world leader in precise time solutions, sets the world's standard for time. The company generates, distributes and applies precise time for the communications, aerospace/defense, IT infrastructure and metrology industries. Symmetricom's customers, from communications service providers and network equipment manufacturers to governments and their suppliers worldwide, are able to build more reliable networks and systems by using the company's advanced timing technologies, atomic clocks, services and solutions. All products support today's precise timing standards, including GPS-based timing, IEEE 1588 (PTP), Network Time Protocol (NTP), Synchronous Ethernet and DOCSIS® timing. Symmetricom is based in San Jose, Calif., with offices worldwide. For more information, visit: http://www.symmetricom.com or join the dialogue at http://www.twitter.com/symmetricom.
SYMM-G
Symmetricom Contact:
Tracy Schriver
Symmetricom, Inc.
t: 707-636-1908
tschriver@symmetricom.com
Media Contact:
Liam Rose
GolinHarris for Symmetricom
t: 415-318-4380
lrose@golinharris.com
SOURCE Symmetricom, Inc.
Copyright 2012 PR Newswire
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