Russia WiMAX operator won 100 million loans to buy Huawei equipment

Source: Internet
Author: User
Keywords Huawei operator National Bank WiMAX
C114 Beijing time January 28 Morning News (Shangmu Yang) according to foreign media reports, the Russian mobile WiMAX operator Freshtel Communications Group will be the Chinese National Development Bank (hereinafter referred to as "the country Open Line") 100 million U.S. dollars loans to buy Huawei equipment to build a network. Freshtel will soon sign a loan agreement with the bank, the loan repayment period of 5 years, but has not announced the specific interest.  will be used to build mobile WiMAX networks in the northwestern and southern parts of Russia and Siberia. Freshtel Communications Group is a holding company that promotes mobile WiMAX technology in Russia, Ukraine and Italy.  The group's shareholders in Russia and Ukraine are the icon private equity (72%), the "Russian technology" venture capital Fund's original partner, Mikhail Gamzin (23%) and Intel investment (shareholding 5%).  According to C114, June 2009 is the news that icon announced the establishment of a new operator, plans to invest 200 million of dollars in the construction of the WiMAX network in Russia, Huawei obtained its initial construction equipment supply contract, or Freshtel. The two countries are considered to be the most promising market for WiMAX in the future, thanks to Russia's populated and weak basic telecoms facilities in India.  At present, the most mainstream WiMAX operators in the Russian market are Yota, and since June 09 the 3.5-month trial business user has broken through 200,000. September 22, 2009, the bank and Huawei in Beijing signed a new round of a 5-year strategic Cooperation Agreement, the two sides expanded the amount of financing cooperation to 30 billion U.S. dollars to support Huawei to open up overseas markets.  In March 09, the Bank and ZTE signed a total amount of 15 billion U.S. dollars in the development of financial cooperation Agreement to jointly establish a platform for investment and financing, including overseas market development, all-round cooperation. The bank was established in March 1994 and is directly under the leadership of the State Council. As China's long-term investment and financing in the field of the main bank, the State Bank earnestly implement the national "go out" strategy to support the strength of domestic enterprises to expand overseas business, has become China and the largest foreign investment and financing cooperation Bank.
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