Newport Digital Technologies to Deploy WiMAX Network in Northern Italy
Newport Digital Technologies, a subsidiary of International Food Products Group has announced an agreement with the Institute for Information Industry Taiwan (III) and Gil Technologies to deploy a WiMAX network for an Italian Telecom customer in Northern Italy. Under the terms of the agreement NDT and Gil will design, plan and deploy III's 802.16d and 16e WiMAX networks as well as deliver integration and support services for several regions in Italy.
"This is the first of many significant WiMAX projects we expect to announce this year with III," said Richard Damion, CEO of NDT. "We have already shipped 500 base stations this past quarter which has generated substantial sales for NDT in the close of our fiscal year June 30. We anticipate another record quarter as we expand our operations in Italy to $1-million US per month from August and start our shipments to Poland and Fiji in September. This is expected to add significantly to sales in second quarter 2008. We anticipate generating revenues in excess of $75-million US during the next fiscal year."
NDT has partnered with III on a number of ventures including international projects in Fiji and Tuvalu on WiMAX deployment which will serve as a backbone to offering eLearning and telemedicine services. "With this collaboration with NDT we are confident that we can quickly and effectively offer the local governments in the South Pacific next generation eLearning and eHealth services to rural areas in these countries where we currently provide significant aide," said Elsie Kao, Project Manager for III.
The contract is valued at US$30 million.
Posted to the site on 10th July 2008