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Press Release:
Unity Wireless Nears Phase-One Completion of $1.1M India Project for 2006
Press Release
News Article November 2006
BURNABY, BC—Nov 21, 2006 -- Unity Wireless Corporation, this week released an update on it’s sole vendor supply agreement for microwave repeaters with one of India’s largest wireless network operators. Phase one of this two stage deployment will be completed by the end of this month with the installation of Unity’s microwave outdoor frequency shifting repeaters valued at over $600,000. The network operator forecasts that the final stage order in this $1,100,000 project will be placed in by the end of Q4 or early Q1 2007, with planned installation of the full system to be competed by the end of Q3 2007. Revenues for orders of this type are usually recorded based on negotiated terms starting from the shipping date.
“The Indian market is one of the fastest growing wireless markets in the world adding about a million new subscribers a week. Most of the worldwide wireless integrators are in India already and Unity has positioned itself strategically in this region to benefit from the rapid growth. Providing coverage enhancement equipment to the largest local operators in India is now delivering strong dividends after several years of business development investment by our senior Coverage Enhancement team local support team,” said Ilan Kenig, CEO of Unity Wireless.
Mr. Kenig continued, “We believe that our ability to provide competitive products to the Indian market will position Unity as a strategic player in this region. Our proven strength at designing and producing quality products at highly competitive prices has allowed Unity to be successful in both China and India. The move to our new Asian production facility will only enhance our competitive edge. We see great promise for these massive and growing markets for Unity Wireless throughout 2007 and beyond.”
About Unity Wireless
Unity Wireless is a world class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers.
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