WiMAX and wireless broadband solutions provider Alvarion Ltd. (Nasdaq: ALVR; TASE: ALVR) reported that its BreezeMAX system was chosen for a deployment in Russia.
The new network has already started rolling out with CenterTelecom, one of Russia's seven interregional operators owned by the giant federal holding company Svyazinvest. Alvarion's local partner for this deployment is Cedicom, an authorized distributor of Alvarion products in Russia and the CIS.
Alvarion's BreezeMAX is to be deployed in the regions of Moscow, Tambov, Tula, and Vladimir. The first phase of the project is planned as part of the Russian Federation's federal program for connecting hundreds of schools to a WiMAX network, offering numerous users the advantages of high-quality wireless broadband access services.
"The WiMAX network created within the national project presents a basis for expansion of WiMAX networks in other regions in the future. This will allow CenterTelecom to enlarge the number of provided services and offer equal services to all citizens of the Center of Russia, thus raising the quality of life in the Central Federal District of the Russian Federation", said Vadim Kondratov, CTO of CenterTelecom.
JSC CenterTelecom is the largest fixed-line telecommunication company operating in the Central Federal District, where more than 20% of the Russian population lives.
Rich Church, an analyst at Collins Stewart LLC, believes that the Russian contract is a positive for the stock as the company continues to win WiMAX deployments worldwide, and he reiterates his buy rating on the stock. Collins Stewart recently completed its purchase of CE Unterberg, Towbin.
Published by Globes [online], Israel business news - www.globes.co.il - on September 5, 2007
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