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Article: MARCONI COMMUNICATIONS: Internet growth helps Marconi to top US$60m in sales to joint venture.
- Article from:
- M2 Presswire
- Article date:
- March 24, 1999
CopyrightCOPYRIGHT 1999 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-24 March 1999-MARCONI COMMUNICATIONS: Internet growth helps Marconi to top US$60m in sales to Russian joint venture (C)1994-99 M2 COMMUNICATIONS LTD
RDATE:230399
Internet demand in Russia has helped lead Comstar, the Moscow-based telecommunications network operator, to buy the rights to develop Marconi Communications' customer billing system into a product which is tailor-made for the Russian communications marketplace.
The $3.5 million technology transfer deal is part of an ongoing series of orders for Marconi worth more than $60 million, designed to equip Comstar with the leading edge systems it needs to expand its position as ...