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Heliocentris receives major order from Myanmar [Global Data Point](Global Data Point Via Acquire Media NewsEdge) The power solutions comprise Heliocentris' proprietary Energy Management System and also include diesel generators, batteries, power electronics, cabinets and peripheral material from other leading power components suppliers. The order will be worth USD 4-6 million in revenues and will ship over the next 3-4 months. Ayad Abul-Ella, CEO of Heliocentris, said: "We are very excited and extremely proud to have been awarded this order, which is by far our largest to date. After Telenor SA from Norway and Ooredoo from Qatar have been awarded 15-year-licenses to operate the mobile phone network in Myanmar in June 2013, the two mobile operators have now started their initial rollout phases which entail the construction of more than 2.000 mobile base stations within the next 12 months. The towers for these mobile base stations will be installed and operated by tower companies such as Apollo Towers and Irrawaddy Green Towers and require highly efficient power solutions for a variety of configurations reaching from on-grid to bad-grid and off-grid sites. Participating in the roll-out from its initial phase creates an outstanding opportunity for Heliocentris to gain a significant share in the coming build-out of the mobile networks in Myanmar." Myanmar is one of the few remaining telecommunications frontiers, with only 10% of its 60 million people holding a mobile-phone subscription, according to industry estimates. That compares to penetration rates of 70% in Cambodia, 90% in Laos and over 100% in Thailand. According to official statements, the Myanmar government plans to increase the percentage of phone owners to 80% by 2016. In order to achieve this ambitious goal, new mobile licences were awarded to Telenor SA from Norway and Qatar Telecom in June of last year. Both operators will have to meet population and geographical coverage targets to ensure that the country's large rural population is covered. This is expected to require more than 18.000 mobile base stations being erected green-field over the course of the next 3 years, with most of them in bad-grid or off-grid situations. Ayad Abul-Ella, CEO of Heliocentris, continued: "Based on our powerful and flexible Energy Management System and best in class power components from our technology partners, we have designed site specific power solutions that fulfill the 5 main requirements of our customers in an optimal manner: best energy efficiency, lowest total cost of ownership with maximum up-time, the security of multiple sourcing for the key power components and seamless upgrading options to higher capacities for multi tenant usage. Having been able to fulfill these 5 key success factors in such a superior manner, we were awarded the purchase order for the 150 sites to be delivered and installed in the next 3-4 months. We are confident that with this order the foundation for further significant business in Myanmar has been laid and look forward to winning additional multi-million purchase orders in the coming months." (c) 2014 GlobalData Provided by Syndigate.info, an Albawaba.com company [ Back To TMCnet.com's Homepage ] |