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Mitec Technologies V.MTMH

"Mitec Technologies Inc exited the telecom and satellite communications area in 2012 and is exploring interesting opportunities in other areas."


TSXV:MTMH - Post by User

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Post by elassowipeoon Aug 12, 2004 1:01pm
183 Views
Post# 7804193

industry consultant report says +37%

industry consultant report says +37% Total Mobility Infrastructure Market Surges 37 Percent in 2Q04; Dell'Oro Group [DMJJFBH] Report Shows Strong Growth in GSM/GPRS/EDGE Business Editors/High-Tech Writers REDWOOD CITY, Calif.--(BUSINESS WIRE)--Aug. 12, 2004--A newly published report from Dell'Oro Group shows that total mobility infrastructure revenues, including sales of GSM/GPRS/EDGE, TDMA, CDMA, and WCDMA equipment, surged to $9.0 billion in 2Q04, an increase of 37 percent compared with 2Q03. Notably, GSM/GPRS/EDGE network sales in 2Q04 accounted for 60 percent of the net increase in the total mobility infrastructure market versus 2Q03. "With this strong growth, the market for GSM-based infrastructure is far from dead," said Greg Collins, Senior Director of mobile infrastructure research at Dell'Oro Group. "While many developed regions are deploying WCDMA networks and launching services, service providers are also investing heavily in EDGE as a way to provide higher-speed data services across their coverage areas. In addition, demand for more basic voice services is particularly strong in developing regions in Asia, Europe, and Africa." The Dell'Oro Group report also shows the market for WCDMA infrastructure equipment in 2Q04 fell 19 percent on a sequential basis after strong growth in 2H03. Despite this temporary contraction, Dell'Oro Group forecasts the WCDMA market to grow in excess of 50 percent in 2004. -0- *T Total Worldwide GSM/GPRS/EDGE Infrastructure Revenues Total Market 1Q04 Qtr./Qtr. Growth ------------ ------ ---------------- Manufacturer Revenues $B $5.6 +15% Vendor Rank Growth ------- ------ -------- Ericsson 1 +17% Nokia 2 +22% Siemens 3 0% Alcatel 4 +38% Nortel 5 +11% Motorola 6 +11% *T About the Report The Dell'Oro Group Mobility Infrastructure Quarterly Report offers complete, in-depth coverage of the market, including vendor shares and tables covering revenue, units, transceivers or RF carriers shipped, and average selling prices (ASPs) for Base Station Controllers, Base Transceiver Stations, and Mobile Switching Centers for GSM/GPRS/EDGE, CDMA, TDMA, and WCDMA. To purchase this report call +1.650.622.9400 x223 or email Julie@DellOro.com. About Dell'Oro Group As a trusted source for market information about the networking and telecommunications industries, Dell'Oro Group provides in-depth, objective research and analysis that enables component manufacturers, equipment vendors, and investment firms to make fact-based, strategic decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit www.delloro.com. --30--AM/sf* CONTACT: Dell'Oro Group Julie Learmond-Criqui, 650-622-9400 ext. 223 Julie@DellOro.com KEYWORD: CALIFORNIA INDUSTRY KEYWORD: TELECOMMUNICATIONS NETWORKING E-COMMERCE INTERNET HARDWARE SOURCE: Dell'Oro Group Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com. 12Aug04 16:59 GMT Source BW Business Wire Categories: MST/I/CMT MST/I/CPM MST/I/NET MST/I/TEL MST/L/EN MST/R/US/CA TGT/BWN
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