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Comba Telecom Signs Multi-Million USD Deal with Leading Indian Telecom Operator ,(December 07, 2017)
RF Equipment to Aid Nationwide Mobile Network Rollout and Enhancement
HONG KONG, CHINA - Media OutReach - 7 December 2017 - Comba Telecom Systems Holdings Limited ("Comba Telecom" or "the Group", HKSE: 2342), a global leading wireless solutions provider, has signed a major agreement with a leading Indian telecom operator. Comba Telecom agreed to supply RF equipment which will be deployed in the telecom operator's mobile networks across India.
With the second largest population in the world, India has a huge market in smartphone utilization. The number of smartphone users in the country is expected to reach 299.24 million in 2017 and 442.5 million by 20201. Smartphones are growingly popular among consumers and their users are also more and more demanding a high-speed and high-capacity network. Hence, operators and enterprises in India are working hard on improving wireless connectivity across the country to meet end users' needs.
Under the agreement, Comba Telecom will be the major supplier of RF passive accessories to its partner to enhance its mobile network in the country. In addition, a dedicated team from Comba Telecom will provide on-site training, troubleshooting and technical support to assure its networks warrant their strong position in the market. The multi-year cooperation contract is worth millions of US dollars.
Mr. Rajiv Girotra, Managing Director of Comba Telecom India, said, "We are proud to have a partnership with a leading Indian telecom operator. By implementing our product in this partnership, we enable this operator to enhance its network's efficiency in a more cost-efficient way, and this association further fortifies our reputation and capabilities of providing best-in-class wireless and network solutions. Comba Telecom has a global network promising to support its business in South Asia and Africa. Looking ahead, we are confident of providing our best services and support to this operator. This partnership marks the beginning of a long and mutually beneficial relationship in the years to come."
Mr. Simon Yeung, Executive Director and Senior Vice President of Comba Telecom and President of Comba Telecom International, said, "Our products and solutions are widely adopted in more than 80 countries around the world. In additional to traditional technologies, Comba Telecom is working hard on exploring and developing new technologies such as Mobile Edge Computing, Artificial Intelligence and Internet of Things to drive Smart City development. India is one of the fastest-growing telecom markets in the world and the Indian government is keen to transform India into a global telecommunications hub. We are delighted to be selected as a partner by this leading Indian telecom operator for the partnership which can strengthen our standing in the Indian market. Comba Telecom will continue to work closely with local operators and enterprises to expand its business continuously in this valuable market."
About Comba Telecom Systems Holdings Limited
Comba Telecom is a global leading wireless solutions provider with its own R&D facilities, manufacturing base, and sales and service teams. The Company offers a comprehensive suite of products and services including wireless access, wireless enhancement, antenna and subsystems and wireless transmission to its global customers. Headquartered in Hong Kong, Comba Telecom's global operations include manufacturing bases in China, R&D centers in China and the USA and more than 40 offices worldwide. Comba Telecom has been included into several indexes including the MSCI China Small Cap Index, Hang Seng Composite Index (Information Technology Industry Index, MidCap & SmallCap Index and SmallCap Index), Hang Seng Global Composite Index, Hang Seng Internet & Information Technology Index, as well as Hang Seng Corporate Sustainability Benchmark Index. For further information, please visit: www.comba-telecom.com.