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Press Release:
Unity Wireless Receives Next Order from Leading Wireless Carrier - Momentum Builds in Vietnam
Press Release
News Article December 2006
BURNABY, BC--(MARKET WIRE)--Dec 13, 2006 -- Unity Wireless Corporation, today announced that it has received a second purchase order of $520,000 for advanced 20 watt frequency shifting repeaters from one of Vietnam’s largest wireless carriers. This second order, scheduled for delivery in Q1 2007, follows quickly on the heels of the successful deployment of a first round of repeaters mentioned in Unity’s release of November 6, 2006 -- “Unity Wireless Strategy in South East Asia Yields $1 Million in Orders for Repeater Line Solutions”
“We are very please to be positioned at the right time with the right clients in the emerging Vietnam wireless telecom market. The growing momentum of repeat orders and significant deployments from a major national carrier is extremely encouraging for our future in this important region,” commented Ilan Kenig, CEO of Unity Wireless.
In the first 11 months of 2005, Vietnam added 4.3 million wireless subscribers, according to the Vietnam VNPT. The 11-month figure posted a year-on-year increase of 17%, raising the total number of mobile telephone subscribers in the country to 14.6 million. Unity Wireless considers Vietnam to be a huge potential market for mobile phones in Southeast Asia.
Mr. Kenig continued, “Our South East Asian sales strategy is gaining momentum at a rapid pace. Supported by the cost advantages from our manufacturing consolidation, Unity Wireless is uniquely situated, both from a business development and a product price point perspective, to be very successful in this expanding, but competitive market.”
Due to the need for confidentiality on the larger projects and their staged deployments, both by Unity and our Teir-1 client base, specific company names cannot be released. However, we endeavor to provide the magnitude of the market being serviced and the position and relative size of that client for your reference.
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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