Telecoms Test Provider Increases Revenue

Anite's Telecoms business, which includes the mobile handset test solutions provider, has bucked the telecom downturn and increased its turnover by 83% with operating profits up by 102%. Preliminary figures for year ended 30th April 2001, show a turnover of US$42 million and operating profits of US$11 million. Anite's Telecoms business provides test solutions to mobile phone manufacturers and network operators. It employs 210 people and has bases in Fleet, Chicago, Yokohama and Beijing. Anite Telecoms also provides network efficiency tools and billing solutions for network providers. Daniel Oosthuizen, Anite Telecoms Director, said, "To maintain our reputation for delivery, we have increased our telecoms R&D budget from US$2.8 million to US$5 million. I am confident that our market-critical development and conformance test solutions will continue to be market leaders during this challenging time.""

Posted to the site on 27th July 2001