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Econet awards Motorola $98M GSM expansion contract for national network in Nigeria
July 23, 2002
ABUJA, Nigeria -- Motorola's (NYSE: MOT) Global Telecom Solutions Sector (GTSS) has been awarded an expansion contract worth an estimated $98 million from Econet Wireless Nigeria Ltd. to upgrade its nationwide Global System for Mobile (GSM) communications network. Launched just last summer, the network already has attracted 450,000 subscribers. Installation of the network upgrade, that includes Motorola's Horizon series base stations, is scheduled to begin in August 2002. When the turnkey solution upgrade is completed, the system will have a capacity of up to 1 million subscribers. Econet, with the help of Motorola, has helped dramatically change the telecommunications landscape in Nigeria by providing an attractive alternative -- wireless service. "Demand for our cellular service has been very strong since August 2001 when we were the first operator to begin GSM service in Nigeria," said Zachary Wazara, chief executive officer for Econet Wireless Nigeria Ltd. "Working with Motorola will enable us to increase capacity, expand our coverage area and continue to meet the needs of our customers to stay connected with family, friends, and business associates." This is Motorola's second contract with Econet. Last year Motorola successfully bid for a contract worth an estimated $57 million to provide the initial GSM network for Econet in the populous northern region of Nigeria where it first launched commercial service. Motorola currently is completing the phase one implementation of that system. Motorola Inc.
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