Chinese CDMA Base Station Order

Canada's Mitec Telecom says that it has received orders from a major network provider to supply 800MHz CDMA IS95 BTS micro base stations for supply to China and South America. The value of the contract is estimated at US$5.3 million. Deliveries are scheduled to commence immediately.

"This new contract is a tremendous vote of confidence in Mitec," said Rajiv Pancholy, President and CEO. "With our liquidity vastly improved, we can now put even more emphasis on serving our customers with a range of highly reliable and well-designed products."

Posted to the site on 10th February 2003