OREANDA-NEWS. On May 30, 2007 JSC SITRONICS (“Sitronics” or “The Company”) (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS with a growing presence in other EEMEA emerging markets, announced that INTRACOM Bulgaria S.A., a provider of information and communications technology services in Bulgaria, has signed three framework agreements with Bulgarian Telecommunication Company Mobile S.A (“BTC Mobile”), a Bulgarian mobile operator. INTRACOM Bulgaria S.A. is a part of INTRACOM TELECOM, which is a subsidiary of Sitronics, reported the press-centre of JSC SITRONICS.

Within the framework of the agreements, INTRACOM Bulgaria will supply telecommunications infrastructure design and installation services, and provide shelter equipment, to BTC Mobile. The total value of the contracts is ? 13,6 million. The projects are expected to be implemented over the next two years.

Founded in June 2004, BTC Mobile operates under the trade mark “Vivatel” and provides GSM and next generation telecommunication services to 700,000 subscribers in Bulgaria. BTC Mobile has had contracts for network sharing with the two leading Bulgarian mobile networks, MOBILTEL (MTel) and Cosmo Bulgaria Mobile (GLOBUL), since 2005.
 
Alexander Lutsenko, SITRONICS Chief of Strategy, commented: “We are pleased to announce the deal with BTC Mobile, which is one of the most dynamic mobile operators in Bulgaria. These agreements will allow us to provide a wide range of telecommunications solutions to one of the key players in this market, thus broadening our portfolio of projects and strengthening our presence in one of our high priority regions.”