Telkom Renews Contract For Ist's Digital Loop Carr
IST GROUP
PRESS RELEASE
Pretoria, 1 August - IST Telecom's contract to supply its UMC 1000 digital
loop carrier equipment to Telkom SA has been renewed for two years from
August 2001.
IST has been one of the major suppliers of loop carrier equipment - which in
essence enables Telkom to enhance its access networks by extending telephone
exchanges to remote sites through optic fibre - to Telkom since 1997.
"The major advantage of the UMC 1000 system is that it is a proven yet
evolutionary product which can easily - and inexpensively - accommodate new
technologies. The relatively low cost per line of rolling out the
equipment, IST's ability to provide a high level of support and the
constructive relationship we have developed with Telkom are additional
factors in its favour," said IST Telecom managing director Hannes Visagie.
The volume and value of the supply contract are not fixed and depend on
Telkom's requirements. The contract's average annual added value to IST -
the balance of the revenue after its American principals have been paid for
the basic equipment - was R22 million since 1998.
For further information, contact Hannes Visagie
on 012-348 8705 or 082 565 9523
Issued by du Plessis Associates on behalf of IST Group.
dPA contact: Kathy du Plessis on tel:011-728-4701,
mobile:083 266 5847, fax:011-728 2547/8 or
e-mail: ist@dpapr.com. Website : www.istltd.com
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