NASDAQ Comp.
16.06.2008 12:05:00
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LCC International Awarded 2008 Contract Extension from Saudi Telecom
LCC International, Inc. (NASDAQ:LCCI), a global leader in wireless voice
and data turn-key services, today announced that it has been awarded a
contract extension to its Master Purchase Agreement (MPA) from Saudi
Telecom (STC) for network consulting and engineering services for all of
the STC networks (fixed, 2G/3G mobile, Data) and value added services.
LCC has already received more than $30 million in service orders for
this year. LCC has been delivering network consulting services for STC
since 2004 and currently has over 250 engineers and technicians engaged
in supporting the fixed and mobile network domains. This new agreement
expands LCC’s role in support of STC’s
ambitious Next Generation Network in which STC will introduce a host of
new services to its customers.
STC is the largest and one of the fastest growing mobile operators
within the Middle-Eastern region. Since early 2004, LCC has provided STC
with engineering consulting services in support of its 3G / 2G wireless
networks in an effort to deliver advanced wireless services to address
the regions ever-growing wireless appetite.
"We are very pleased that we have again been
chosen by STC to provide engineering and network consulting services in
support of its networks,” said Arnaldo
Palamidessi, LCC Vice President of Business Development, EMEA. "This
agreement reflects our commitment to STC, and to this region, to deliver
the engineering talent and best in class service that is required to
maximize the delivery of an advanced network.” About Saudi Telecom Co.
Saudi Telecom Co., also known as STC, is Saudi Arabia's pioneer
telecommunications services provider, after the Saudi Ministry of PTT.
Established in 1998 as a new joint stock company, it provides both
business and residential fixed line telephone, mobile and paging, and
Internet and data services. For more information on STC, (headquarters
in Riyadh, Saudi Arabia), visit www.stc.com.sa.
About LCC International, Inc.
Celebrating 25 years in the wireless industry, LCC International
(NASDAQ: LCCI) is the recognized leader in providing wireless voice and
data turn-key services to the telecommunications industry. Our service
offering includes network services, business consulting, tools-based
solutions, and training through our world-renowned Wireless Institute.
The Company has worked with all major access technologies (including
UMTS, EV-DO, HSDPA and WiMAX) and has participated in the success of
some of the most sophisticated wireless systems in the world. LCC is
unique in its ability to provide comprehensive turnkey services to
wireless operators around the world. We bring local knowledge and global
capabilities to our customers, offering innovative solutions, insight
into cutting-edge developments and delivering solutions that increase
business efficiencies. News and additional information are available at www.lcc.com.
Cautionary Note regarding forward-looking statements under the Private
Securities Litigation Reform Act of 1995:
Information in this release regarding LCC's expectations, beliefs, and
intentions are forward-looking statements that involve risks and
uncertainties. All forward-looking statements included in this release
are based upon information available to LCC as of the date of this
release, which may change, and LCC assumes no obligation to update any
such forward-looking statement. These statements are not guarantees.
Factors that could cause or contribute to differences from such
expectations include, but are not limited to risks associated with
international operations, challenges and costs arising from integration
of new operations and other factors that may affect our business are
discussed in LCC's filings with the Securities and Exchange Commission,
including our most recent annual report on Form 10-K and our quarterly
reports on Form 10-Q.
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