PRYSMIAN ACQUIRES BUSINESS ASSETS OF INTERNATIONAL WIRE & CABLE COMPANY LTD IN NEW ZEALAND.

Milan, 28 August 2007. Prysmian Cables & Systems, a worldwide leading player in the cable industry, has reached an agreement to purchase the business assets of New Zealand cable manufacturer, International Wire & Cable Company Limited (IWC). The closing is expected to occur on September 3rd. This acquisition further strengthens Prysmian’s presence in the Asia Pacific region. In Australia, Prysmian already has a well established presence with 2 manufacturing plants supplying a wide range of power and telecommunications cables as well as accessories for joining and terminating power cables. IWC have been producing power cables, with a particular expertise in aluminium/neutral screened cables, in New Zealand for more than 60 years and employ 65 people with approximate revenues of 20 million euros in 2006. The Prysmian investment will build on IWC’s existing infrastructure in the North and South Island’s of New Zealand and will add to their supply capabilities through the expanded product range and research & development facilities of the global Prysmian Group.  The acquisition of IWC’s Auckland operations will allow Prysmian to grow its market in New Zealand, particularly in Power distribution, whilst also exploiting Australian wind farm expertise.  

Prysmian  A leading player in the industry of high-technology cables and systems for energy and telecommunications, the Prysmian Group is a truly global company with sales exceeding 5 billion euros in 2006 and a strong position in higher-added value market segments. With its two businesses, Energy Cables & Systems (submarine and underground cables for power transmission and distribution, for industrial applications and for the distribution of electricity to residential and commercial buildings) and Telecom Cables & Systems (optical cables and fibres and copper cables for video, data and voice transmission), Prysmian boasts a global presence with subsidiaries in 34 countries, 54 plants in 20 countries, 7 Research & Development Centres in Europe, USA and South America, and over 12,000 employees. Specialising in the development of products and systems designed to meet clients’ specific requirements, Prysmian’s key strengths include: a focus on Research & Development, the capacity to innovate products and production processes, and the use of advanced proprietary technologies. Prysmian is listed on the Milan Stock Exchange Blue Chip index.                                                                                     

Prysmian Telecom takes to the road in major European FTTH Tour

Prysmian Telecom takes to the road in major European FTTH Tour  

Milan, August 29, 2007Prysmian Telecom Cables & Systems will next week be embarking on its latest initiative to support the growing uptake of Fibre To The Home (FTTH) technology in Europe with a major Roadshow covering much of the region. The ‘FTTH European Roadshow’ is due to commence in UK on 4th September and over the following 11 weeks will visit a total of 15 countries including Holland, Denmark, Norway, Sweden, Germany, Czech Republic, Slovakia, Poland, Hungary, Austria, Slovenia, Italy, Spain and France. The adoption of FTTH is expanding rapidly around the world and activities in Europe are now finally gathering momentum with many municipalities and local authorities – as well as the more traditional telecom operators – starting to build  optical ‘last mile’ networks. With this increased and more widespread customer base Prysmian believes that by taking the technology to the customer, in the form of a Roadshow, this will greatly assist  potential operators who are aware of the opportunities offered by FTTH but may not be familiar with the ‘mechanics’ of building a last mile network. The Roadshow features a specially constructed, interactive exhibition trailer packed full with all of Prysmian’s latest FTTH passive product solutions – blown fibre, miniature blown cables , preconnectorised customer solutions,  new vertical riser systems for multi dwelling units, a range of new FTTH connectivity products and much more. Information will also be available on Prysmian’s range of optical fibres including CasaLightTM, the bend Insensitive fibre developed by Prysmian specifically for FTTH applications. A team of FTTH product specialists will support the local Prysmian staff throughout the Roadshow providing expert advice on both the product and network design aspects of building a FTTH system.  Director of Marketing at Prysmian’s Telecom business, Richard Thomas commented, ‘ The principle of FTTH is to take fibre closer to the end user. We are following exactly the same approach with the Roadshow and taking our products to where our customers are located. The FTTH customer profile has changed the traditional telecom marketplace. We recognize this and believe that this project will be an interesting and rewarding experience for both Prysmian and for the people who we will meet during the event’ To find out more about the Roadshow visit www.prysmian.com. Prysmian customers interested in attending the Roadshow should get in touch with their local account manager or call one of the contacts below.            

PrysmianA leading player in the industry of high-technology cables and systems for energy and telecommunication, the Prysmian Group is a truly global company with sales exceeding 5 billion euro in 2006 and a strong position in higher-added value market segments. With its two business, Energy Cables & Systems (submarine and underground cables for power transmission and distribution, for industrial applications and for the distribution of electricity to residential and commercial buildings) and Telecom Cables & Systems (optical cables and fibres and copper cables for video, data and voice transmission), Prysmian boasts a global presence with subsidiaries in 34 countries, 54 plants in 20 countries, 7 Research & Development Centres in Europe, USA and South America, and over 12,000 employees. Specialising in the development of products and systems designed to meet clients’ specific requirements, Prysmian’s key strengths include: a focus on Research & Development, the capacity to innovative on products and production processes, and the use of advanced proprietary technologies. Prysmian is listed on the Milan Stock Exchange Blue Chip index.                 

For further information:

Communication Department – Press Office

Claudia Perotto, tel +39 02 6449 2928, mob +39 349 766 8006, email: claudia.perotto@prysmian.com

 Telecom Department – MarketingRichard Thomas, tel +39 02 6449 7939, email: richard.thomas@prysmian.com   

Bruna Chitoni, tel +39 02 6449 4596, email: bruna.chitoni@prysmian.com    

 Burson-Marsteller – Prysmian Press Office

Paola Bramati, tel +39 02 721431, mob +39 346 66290054, email: paola.bramati@bm.com

Alessandro Carlesimo, tel +39 02 721431, email: alessandro.carlesimo@bm,com

PANDUIT™ PatchRunner™ Rack System Reduces Data Centre Footprint by up to 16%

Today we release another press article for one of our Multi Media Partners PANDUIT.  This press article is about their latest Patchrunner Rack System.  For full press details please read on:PANDUIT™ PatchRunner™ Rack System Reduces Data Centre Footprint by up to 16%

 

PANDUIT™, a global supplier of electrical and network solutions, today announced the launch of the 8-foot PatchRunner™ vertical cable management rack system. Today’s data centre managers are challenged with increasing network density with limited floor space. This 8-foot (52 RU) rack system enables 16% more rack space for network equipment in the same footprint as a conventional 7-foot (42 RU) rack.

Alan Farrimond, managing director Panduit EMEA, commented, “With a healthy global economy, commercial rental prices are again on the increase. There has never been more pressure on data centre managers to find ways to offer more service within a limited physical area. The space saving offered by our 8-foot PatchRunner™ rack system is another example of how PANDUIT helps customers manage the real problems they face and make the most from their technology investment.”

The 8-foot system features two rack options. The 2-post standard equipment rack is UL listed for 454kg load rating and is ideal for supporting patch panels and smaller network equipment. The 4-post rack is UL listed for 907kg load rating with adjustable front and rear equipment mounting rails to accommodate heavy networking equipment. Both rack options are fully bonded, simplifying the grounding process, and are compatible with PANDUIT StructuredGround™ Grounding System.

The system also includes 8-foot PatchRunner™ Vertical Cable Managers designed for high-density applications, which feature moulded cable management fingers for greater bend radius control, dual hinged doors for unobstructed access to network cables and slack management spools for optimum patch cord management. PatchRunner™ Vertical Cable Managers in combination with PANDUIT angled patch panels eliminate the need for horizontal cable managers, providing additional space savings for data centre designs.

-ends-

For all PANDUIT Press Releases please click the link below

http://www.thecabledirectory.com/panduit_press-releases.htm 

 

About PANDUIT:

PANDUIT is a leading, world-class developer and provider of innovative networking and electrical solutions. For more than 50 years, PANDUIT has engineered and manufactured end-to-end solutions that assist our customers in the deployment of the latest technologies. Our global expertise and strong industry relationships make PANDUIT a valuable and trusted partner dedicated to delivering technology-driven solutions and unmatched service. Through our commitment to innovation, quality and service, PANDUIT creates competitive advantages to earn customer preference.

 

 

For further information and photography, please contact:

James Farquharson/Emily Monsell

Goode International Ltd

Tel: +44 (0) 1491 873323

E-mail: james.farquharson@goode.co.uk /emily.monsell@goode.co.uk

 

Sylvia Sielicka

Panduit Europe Ltd

Tel: +44 (0) 208 601 7341

E-mail: cs-emea@panduit.com

General Cable Reports Record Second Quarter Results

General Cable one of the world’s largest cable manufacturers has posted its second quarter earnings and can confirm that they have again shown a considerable increase in revenues from this time last year.  For full press details please read on:  

General Cable Reports Record Second Quarter Results

 

General Cable Corporation reported today revenues and earnings for the second quarter. Revenues were $1,172.5 million compared to $987.1 million in the prior year, an increase of 19%. Net income applicable to common shareholders for the second quarter of 2007 was $62.8 million compared to $41.4 million in the second quarter of 2006. Earnings per share for the second quarter of 2007 were $1.15, an increase of 44% from second quarter of 2006.

Second Quarter Highlights

 

Improved adjusted operating income by 66%.

 

Increased year-over-year adjusted operating margins by 260 basis points, on a metal-adjusted basis.

 

Achieved record quarterly operating earnings in excess of $100 million.

 

Acquired global offshore cable supplier based in Germany.

 

Acquired a majority share of an energy cable business in India.

 

Second Quarter Results

 

Net sales for the second quarter of 2007 were $1,172.5 million, an increase of $171.5 million or 17% compared to the second quarter of 2006 on a metal-adjusted basis. Without the impact of acquisitions and changes in foreign exchange rates, organic revenue growth was approximately 8% in the second quarter of 2007 compared to 2006, on the continuing strength of the company’s global electrical infrastructure and electric utility businesses. Revenues from recent acquisitions contributed $55.9 million in the second quarter.

 

The average price per pound of copper in the second quarter was $3.46, an increase of $0.76, or 28.2% from the first quarter of 2007, and an increase of $0.09 or 2.7% from the second quarter of 2006. The average price per pound of aluminum in the second quarter was $1.28, a decrease of $0.02, or 1.6% from the first quarter of 2007, and an increase of $0.02 or 1.6% from the second quarter of 2006.

 

As reported a year ago, during the second quarter of 2006 the Company benefited from the forward purchase of a small portion of its copper requirements due to concerns over supply tightness and the timing of certain customer shipments. The Company estimated the incremental operating profit realized in the second quarter of 2006 was about $8.5 million, or $0.10 per share. Without this impact, operating earnings in the second quarter of 2006 were $61.9 million. Second quarter 2007 operating income was $103.0 million compared to adjusted operating income of $61.9 million in the second quarter of 2006, an increase of $41.1 million or 66%. Operating margin was 8.8% in the second quarter of 2007, an increase of approximately 260 basis points from the adjusted operating margin percentage of 6.2% in the second quarter of 2006 on a metal-adjusted basis. “Electrical infrastructure, networking and utility businesses in North America as well as Silec in France and our operations in Portugal led the way in margin improvement,” said Gregory B. Kenny, President and Chief Executive Officer of General Cable.

 

Also, during the second quarters of 2007 and 2006, the Company reduced its state deferred tax asset valuation allowances, resulting in a reduction in the quarterly effective tax rate and an increase in reported earnings per share. The reduction in the state tax valuation allowances is a result of the continued improvement in the financial results of the United States based businesses over the past couple of years.

 

Major Market Update

 

Net sales of the Company’s global electric utility products were up 21% on a metal-adjusted basis from the second quarter of 2006, including approximately eight percentage points of growth related to ECN which was acquired in the third quarter of 2006. Operating earnings for the Company’s global electric utility businesses increased 83% to $46.1 million in the second quarter of 2007 versus 2006. As a percentage of metal-adjusted revenues, operating margins grew about 350 basis points to 10.4% in the second quarter of 2007 compared to 2006. Continued strong demand for medium and high voltage products in Europe helped offset weakening housing linked low voltage and small gauge medium voltage cable demand in the United States during the second quarter of 2007. Demand for utility cables in Europe continues to be strong, particularly in France where EDF, one of the Company’s largest customers, is investing behind its announced EUR 40 billion upgrade program to its electricity grid and generating capacity.

 

Net sales of the Company’s global electrical infrastructure products were up 22% on a metal-adjusted basis from the second quarter of 2006, including approximately four points of growth related to the addition of NSW which was acquired during the second quarter of 2007. Operating earnings for the Company’s electrical infrastructure businesses increased 61%, to $33.0 million in the second quarter of 2007 versus 2006. As a percentage of metal-adjusted revenue, operating margins grew about 200 basis points to 8.2% in the second quarter of 2007 compared to 2006. The increase in revenues and operating margin for the Company’s global electrical infrastructure businesses is primarily a result of increasing end-market demand specifically for mining, oil, gas, and petrochemical cable products around the world. In addition, the Company continues to benefit from a strong stock position of certain specialty products for the marine and transit markets. “A slowing construction market in Spain resulted in some weakness for low voltage products used in residential and non-residential construction and lower metal pounds sold in the second quarter of 2007 compared to 2006. While we expect this to continue in the near term, we have seen other infrastructure markets help pick up the slack,” Kenny said.

 

Demand for high bandwidth networking cable continues to grow. Net sales for networking cables were up 29% in the second quarter of 2007 compared to 2006, including 16 points from NSW’s communication cable activities. The organic growth is a result of healthy market demand, increased market prices and a continuing mix shift toward higher end networking products, including shielded and unshielded category 6 and 10-gigabit cables. Operating margin in the networking segment has improved 270 basis points to 5.0% in the second quarter of 2007 compared to 2006. “I am encouraged by the rapid improvement in the submarine fiber optic environment. Having spent time with the management and associates of NSW this past quarter, I am confident in their ability to return NSW to profitability more quickly than we anticipated. I expect that this business will be accretive to earnings in 2007 and accelerate materially in 2008 and beyond,” Kenny said.

 

Preferred Stock Dividend

 

In accordance with the terms of the Company’s 5.75% Series A Convertible Redeemable Preferred Stock, the Board of Directors has declared a regular quarterly preferred stock dividend of approximately $0.72 per share. The dividend is payable on August 24, 2007 to preferred stockholders of record as of the close of business on July 31, 2007. The Company expects the quarterly dividend payment to approximate $0.1 million

Income Taxes

In the second quarter of 2007, the Company reduced certain state deferred tax asset valuation allowances established in prior years. This resulted in a reduction in the second quarter income tax provision of $4.3 million and an effective tax rate of 33.6% for the quarter.

Convertible Notes

The Company’s share price was up 42% in the second quarter, 73% year to date, and averaged $64.35 during the second quarter. Under the treasury stock method of accounting for the impact of the $355 million, 0.875% convertible notes, the Company has added approximately 1.6 million shares to the Company’s share count for purposes of calculating fully diluted earnings per share for the second quarter of 2007. The incremental effective shares reduced reported earnings per share by approximately $0.03 in the second quarter of 2007. Because of the sustained increase in the Company’s share price during the quarter, the convertible notes became convertible at the option of the holder, and therefore, the notes have been reclassified on the balance sheet from long-term to short-term debt.

Third Quarter 2007 Outlook

“The weaker housing market in Spain, Oceania, and the United States continues to be offset by strong infrastructure project demand and opportunities in new markets, underscoring the importance of the Company’s product and geographic diversification over the last several years. In North America, a couple of large transmission projects have been pushed out from the middle of 2007 until the first half of 2008. To give you a sense of size and scale, the total transmission cable required for just one of these projects would represent a significant percentage of the Company’s annual transmission cable manufacturing capacity. Given the nature of these and other large scale projects, I expect timing volatility for both overhead and underground high voltage transmission systems as well as submarine projects will continue to make short term forecasting a bit more difficult. Versus the second quarter, the Company will fully absorb facility vacation shutdowns and maintenance typically scheduled for the July and August timeframe as well as the normal seasonality of many of our markets. Therefore, for the third quarter of 2007, we expect to report revenues of approximately $1.1 billion and earnings per share in the range of $0.85 to $0.90, again up nicely from the prior year,” Kenny said. For the third quarter, the Company has estimated 56.2 million fully diluted shares for purposes of calculating earnings per share. This represents about $0.05 dilution from the share count at the end of the first quarter of 2007.

 

General Cable will discuss second quarter results on a conference call and webcast at 8:30 a.m. ET tomorrow, August 1, 2007. For more information please see our website at http://www.generalcable.com.

 

With $4 billion of revenues and 9,000 employees, General Cable (NYSE:BGC) is a global leader in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for the energy, industrial, and communications markets. Visit our website at http://www.generalcable.com.

 

Certain statements in this press release, including without limitation, statements regarding future financial results and performance, plans and objectives, capital expenditures and the Company’s or management’s beliefs, expectations or opinions, are forward-looking statements. Actual results may differ materially from those statements as a result of factors, risks and uncertainties over which the Company has no control. Such factors include the economic strength and competitive nature of the geographic markets that the Company serves; economic, political and other risks of maintaining facilities and selling products in foreign countries; changes in industry standards and regulatory requirements; advancing technologies, such as fiber optic and wireless technologies; volatility in the price of copper and other raw materials, as well as fuel and energy and the Company’s ability to reflect such volatility in its selling prices; interruption of supplies from the Company’s key suppliers; the failure to negotiate extensions of the Company’s labor agreements on acceptable terms; the Company’s ability to increase manufacturing capacity and achieve productivity improvements; the Company’s dependence upon distributors and retailers for non-exclusive sales of certain of the Company’s products; pricing pressures in the Company’s end markets; the Company’s ability to maintain the uncommitted accounts payable or accounts receivable financing arrangements in its European operations; the impact of any additional charges in connection with plant closures and the Company’s inventory accounting practices; the impact of certain asbestos litigation, unexpected judgments or settlements and environmental liabilities; the ability to successfully identify, finance and integrate acquisitions; the impact of terrorist attacks or acts of war which may affect the markets in which the Company operates; the Company’s ability to retain key employees; the Company’s ability to service debt requirements and maintain adequate domestic and international credit facilities and credit lines; the impact on the Company’s operating results of its pension accounting practices; volatility in the market price of the Company’s common stock all of which are more fully discussed in the Company’s Report on Form 10-K filed with the Securities and Exchange Commission on March 1, 2007, as well as periodic reports filed with the Commission.

Technip Awarded FEED contract for Grassroots Refinery

Today in our project news we feature a press article from Technip who have been awarded a FEED contract for a Grassroot Refinery in Qatar.  For full press article please read on:

Technip Awarded FEED contract for Grassroots Refinery

 

Technip has been awarded by Qatar Petroleum a lumpsum front-end engineering design (FEED) contract, worth approximately USD 60 million, for the Al Shaheen refinery to be built in Messaieed, Qatar. Technip’s operations and engineering centres in Paris and Abu Dhabi will execute the contract.

 

The contract covers:

 

• a grassroots refinery with a nominal capacity of 250,000 barrels per day of crude oil, producing high quality products (mainly gasoline, diesel oil and jet fuel), and

 

• a crude oil pipeline from the Al Shaheen field to Messaieed (90 km offshore and 110 km onshore), as well as other required import/export facilities.

 

The refinery will incorporate some of the most technologically advanced conversion units for upgrading bottom of the barrel products.

 

The facilities are scheduled to be operational by the end of 2011.

 

Technip has extensive experience in Qatar, learned, among others, from an important FEED performed for the same client for the Ras Laffan condensate refinery and from major ongoing projects (such as Qatargas II, Qatar 3 and 4, RasGas (3) and AKG-2).

 

Technip has performed in eight grassroots refinery projects in the last ten years.

Liberty Wire & Cable expands Digitalinx Family of Digital HDMI Solutions for A/V Pros

Liberty Wire & Cable, worldwide supplier of a broad range of wire and cable products for the audio/video trade, including custom installers and systems integrators, introduces a new group of DigitaLinxTM digital solutions for custom installation and audio/video professionals.

 

The new DigitaLinx products include 2-In/5-Out and 1-In/10-Out HDMI Distribution Amplifiers, a 2-In/1-Out HDMI Switcher, a 6-In/6-Out HDMI Multiplexer, new HDMI Fiber Optic Cable, and a DigitaLinx full-color guide, Digital Solutions for the Residential Contractor, that fully describes the entire DigitaLinx product line.

 

The DigitaLinx family incorporates a variety of devices — including digital repeaters, distribution amplifiers, switchers and fiber optic solutions — that extend and route DVI and HDMI signals in residential and commercial installations. They provide an enormous number and variety of solutions for installation and AV professionals who find themselves working in a world of merging technologies increasingly dependent on digital information. The well-designed and integrated DigitaLinx solutions keep businesses competitive and profitable, while further expanding the Liberty Advantage.

 

Liberty’s new 2-In, 5-Out HDMI Distribution Amplifier, Model DL-HDD25, allows one digital video and audio source (such as a DVD player, set-top box or computer) to be split into multiple digital displays. The new 1-In, 10-Out HDMI Distribution Amplifier, Model DL-HDD110, allows one digital video and audio source to be split into ten digital displays. On both models, the built-in amplification function enables HDMI signal distribution without signal loss.

 

Both models are ideal for use in monitoring systems and Home Theaters with multiple displays, and for testing equipment. Both also support high-quality HDTV resolution up to 1080p, long-length transmissions, and bandwidth from 25-165Mhz. They also comply with the High-Definition Content Protection (HDCP) standard on all channels.

 

Liberty’s new 2-In, 1-Out HDMI Switcher, Model DL-HDS21, allows two different digital A/V sources to share one video display. A unique Liberty feature allows easy switching between four digital sources using a remote control unit or a manual switch on the front. The switcher is perfect for Home Theater system integration, and easy switching between different video sources, since it eliminates the hassle of manually plugging in different HDMI or DVI connectors to view different sources, such as DVD players, satellite receivers and PCs. It supports HDTV resolution up to 1080p, and is HDCP compliant.

 

Liberty’s new 6-In, 6-Out HDMI Multiplexer, Model DL-HDM66, combines the best features of a distribution amplifier and a switcher. It allows six different digital A/V sources to be split into multiple digital displays. The multiplexer is ideal for Home Theater system integration, and easy switching between different sources. It supports HDTV resolution up to 1080p, and is HDCP compliant.

 

Liberty’s new HDMI Fiber Optic Cable is designed to let digital displays — including plasma TVs, digital projectors, LCD monitors, and HDTVs — extend up to 330 feet away from their digital video and audio source. Liberty’s patented optical conversion technology enables noise-free, wide-angle XGA high-resolution viewing at the extended distance.

 

Digital Solutions for the Residential Contractor, the new DigitaLinx brochure, showcases Liberty’s broad selection of digital, easy-to-use products and cables in eight highly detailed, fully illustrated, full-color pages. The handy reference is essential for busy professionals and available free of charge.

 

All of Liberty’s new DigitaLinx components, including the DigitaLinx brochure, are available now, and can be seen with Liberty’s other fine products at Booth 306, Colorado Convention Center, during the show.

 

About Liberty Wire & Cable

 

Liberty is headquartered in Colorado Springs, Colo., and is in its 14th year of operation. Its core goods, sold primarily for audio/video and security applications, consist of a complete line of wire and cable products along with connectors and connector systems, cable assemblies, interconnects, and a broad range of related accessories. Liberty principally serves the residential, commercial, broadcast, and rental and staging segments of the pro/AV industry. It also enjoys long-term relationships with a number of prominent OEMs. Liberty manufactures and markets the PanelCrafters line of custom and stock plates and panels. The company, which sells in 49 countries, has other facilities in Charlotte, N.C., and Phoenix, Ariz., and holds memberships in CEDIA, ICIA and NSCA.

Rittal join forces with Wadsworth to create key distribution channel

Today in manufacturing news we feature a press release from Wadsworth, who have recently listed with our web-site.  Their latest press article is about joining forces with Rittal to create a key distribution channel.  For full press details please read on: 

Rittal join forces with Wadsworth to create key distribution channel

Rittal are pleased to announce the signing of Wadsworth Electronics as its key distribution channel within the UK. Wadsworth will provide a one-stop shop, supplying solutions from basic Rittal enclosures through to liquid cooling packages and mini data centre’s. 

Wadsworth Electronics is one of the UK’s leading distributors of networking and cabling products, committed to delivering great service to data network installers and end-users in the UK and beyond. Established in 1949 Wadsworth still prides itself on its product support, extensive inventory and rapid response.

David Lee from Rittal Ltd explained, “Wadsworth were chosen as the key distribution channel due to their well recognised expertise in distribution. By combining the Rittal product portfolio with the Wadsworth expertise and the excellent service they provide can only be of benefit to customers who buy our products.

“We are very pleased to be able to work alongside Rittal” commented David Senior, Wadsworth’s Director and General Manager, “Their inclusion into our product offering reinforces our commitment to our customers to provide a complete range of quality networking infrastructure products and services.”

 

For a competitive quote on the Rittal IT Rack range contact 0844 844 4444

July 2007

Hits Telecom Uganda signs US$100 million contract with Alcatel-Lucent to build turnkey GSM network and managed services

 Today in our manufacturing news we feature a story from Alactel Lucent moving into the African market.  For full press details please read on:

Hits Telecom Uganda signs US$100 million contract with Alcatel-Lucent to build turnkey GSM network and managed services

 

Alcatel-Lucent today announced it has signed a USD100 million contract with Hits Telecom Uganda, a new regional operator, to deploy a new mobile network based on GSM technology. The contract also calls for Alcatel-Lucent to provide a full suite of managed services.

 

The turnkey network Alcatel-Lucent is deploying will enable Hits Telecom Uganda to introduce its services in Uganda in time for the Summit of the 53 Heads of States of the Commonwealth Countries, which will take place in November. Hits Telecom Uganda will be able to quickly expand its GSM offer throughout Africa and position itself as a best-in-class telecom service provider, focusing on excellent quality of services.

 

“Hits Telecom Uganda and Alcatel-Lucent share a common view regarding the role they can play in enhancing the communications services available to the people of Africa. We selected Alcatel-Lucent as our sole supplier because it is a worldwide leader in telecommunications solutions with the broadest wireless portfolio on the market and has great experience in this part of the world,” said Ahmed Darweesh Bin Dagher Al Marar, Chairman of the Board of Hits Telecom Uganda. “This project is also supported by IIH (International Investment House), a leading investment company in emerging countries and has mandated 1COM to manage the operations of Hits Telecom Uganda. 1COM is a European based company specialized in telecom management, consultancy and all related services,” he added.

 

“Customers of Hits Telecom Uganda will be assured of having access to the best network, best value for the money, innovative services, and widespread retail distribution channels, all backed by world-class customer service. Hits Telecom Uganda, which benefits from access to a broad radio spectrum, will be extending its coverage to new markets, including semi-urban and rural areas of Uganda, while focusing on corporate social responsibility (CSR). This is the cornerstone of the Hits philosophy; the firm belief that everyone in Uganda should have access to high-quality wireless network services at an affordable price, providing optimum value.”

 

He further noted that this new GSM network will contribute to Uganda’s overall telecommunications infrastructure, making it one of the many countries in Africa investing in new solutions to enhance its communications infrastructure to better serve people in these countries, particularly in the rural areas, where there is a critical need for wireless connectivity.

 

“Alcatel-Lucent is proud to have been selected by Hits Telecom Uganda to provide a full turnkey solution that will enable this new service provider to provide top-quality mobile communications services to people throughout Uganda and eventually the entire continent. Hits’ decision to rely on Alcatel-Lucent for this critical network underscores our leadership, not only in the industry but in the continent of Africa,” said Olivier Picard, President of Alcatel-Lucent’s activities for Europe and South. “We know how to deliver innovative solutions in a very competitive environment, and in a very short timeframe. We are committed to completing the first phase of this network in time to serve the participants of the Commonwealth Summit in November. This contract confirms the strength of Alcatel-Lucent in providing complex turnkey solutions anywhere in the world as well market leadership experience in Managed Services, network integration and OSS/BSS integration.”

 

Under the agreement Alcatel-Lucent will supply a full end-to-end GSM network as well astransmission solutions with microwave systems to dynamically optimize the transmission of voice and data traffic from the base stations to the core network.Alcatel-Lucent will be responsible not only for complete network design and deployment, including OSS/BSS integration, but also will help Hits Telecom Uganda manage and maintain the network by providing a suite of managed services. Alcatel-Lucent will also supply its IP routing solution to provide massive scalability and critical Quality of Service features while simultaneously reducing operational complexity.

 

About Hits Telecom Uganda

 

Hits Telecom Uganda is a new Uganda Telecom Operator, whose majority shareholder is International Investment House (IIH, an international Investment firm with its head quarters based in an Abu Dhabi). HITS Telecom Uganda has been awarded a full telecommunications license, which includes the GSM 900/1800 spectrum, WIMAX broadband, international gateway, mobile virtual network operation and data transmission services.

 

About IIH (International Investment House)

International Investments House (IIH) is an Abu Dhabi based Investment Firm and one of the Middle East’s leaders in investing in emerging markets. IIH is a Private Equity Investor with a proven track record of working closely with various governments in emerging countries to develop infrastructure projects in the energy, telecommunication, transport, oil industry and real estate sectors. IIH is chaired by Mr. Ahmed Al Marar.

 

About Alcatel-Lucent

 

Alcatel-Lucent (Euronext Paris and NYSE: ALU) provides solutions that enable service providers, enterprises and governments worldwide, to deliver voice, data and video communication services to end-users. As a leader in fixed, mobile and converged broadband networking, IP technologies, applications, and services, Alcatel-Lucent offers the end-to-end solutions that enable compelling communications services for people at home, at work and on the move. With operations in more than 130 countries, Alcatel-Lucent is a local partner with global reach. The company has the most experienced global services team in the industry, and one of the largest research, technology and innovation organizations in the telecommunications industry. Alcatel-Lucent achieved adjusted proforma revenues of Euro 18.3 billion in 2006 and is incorporated in France, with executive offices located in Paris. [All figures exclude impact of activities transferred to Thales]. For more information, visit Alcatel-Lucent on the Internet: http://www.alcatel-lucent.com

 

Contact the Alcatel-Lucent Press Office: press@alcatel-lucent.com

Chinese firm to invest Sh9 billion in Kenyan solar power plant

Today in our renewable news we feature a story about a Chinese company investing 9 billion yen to build a solar power plant in Kenya.  For full details please read on:

Chinese firm to invest Sh9 billion in Kenyan solar power plant

 

A Chinese company has entered into a Sh9 billion partnership with a Kenyan firm to build the first solar panel factory in East Africa. The move is expected to reposition solar as a key source of energy in Kenya by making it more affordable to millions of consumers who depend on the national electricity grid for their energy needs.

 

It is estimated that the Beijing Tianpu Xianxing Enterprises and Electrogen Technologies venture could see the prices of solar panels drop by up to 65 per cent.

 

Manufacture of solar panels is expected to open a lucrative market for scrap metal merchants who have been fighting bruising battles with Chinese experts in the past three years by boosting demand for hydraulic batteries.

 

Construction of the facility is set to start in October for completion in March 2008.

 

“There is a huge market for solar panels in this market. Currently the near monopoly in the market means consumers pay more than they should. We see prices dropping to a third of what they are currently,” said Mr Michael Munyao, the executive director of Electrogen Technologies.

 

The project will be implemented through Pan African Technologies, a jointly owned company in which Beijing Tianpu has a 70 per cent interest and will raise $100 million (Sh7 billion) from internal resources.

 

Its local partner is expected take up the remaining fraction of the financing plan in cash and kind, including $40 million (Sh2.8 billion) in cash and three acres of land along Nairobi’s Mombasa Road where the factory is to be erected by a local company of Chinese origin.

 

Once built, the factory will source the materials required locally and employ a minimum of 100 Chinese trained staff.

“Because they will be locally manufactured, Pan-African’s products will cost less than the currently available imported options, with a typical system retailing for Sh5,000 rather than Sh20,000,” said Mr Munyao.

 

Pan African is eyeing Sudan as a key market and wants to interest the government in a partnership to provide solar panelling for its planned upgrade of slums in Kibera.

 

Demand for energy is expected to triple in the next thirty years with alternative energy anticipated to cover the gap. Solar energy is emerging as an investment opportunity globally and its use is projected to grow by 40 per cent for next five years.

 

Earnings are seen rising from $7.7 billion this year to $11 billion by 2011.

 

Despite the global interest in solar power, Kenyan firms have seen profit decline due to the high cost of importing foreign products. “This market is highly competitive.

 

Changing fortunes have seen many firms shut down in the last few years,” said Margaret Mutia, the deputy managing director of Solagen, a locally owned solar panel importer.

 

According to the Ministry of Energy, Kenya receives around 3,000 million free megawatts of power from the sun every day.

 

Experts says if just 10 per cent of that figure was converted to power on the national grid, the country would be oversupplied with electricity by over 25 times.

Despite its ability to provide 25 times more power to the national grid, solar power is yet to find flavour with Kenyan consumers.

 

Industry players say the introduction of the government’s rural electrification programme is already posing a potential threat to the continued existence of smaller solar energy suppliers.

 

This year alone, the government will spend Sh8 billion in over 1,000 rural electrification projects around the country, meaning consumers that would normally be targeted by solar power firms now have the option of connecting to the national grid easily.

 

“Before the programme the sector was confident of continued growth from rural customers because it was so expensive to access electricity and supply was usually inaccessible,” said Ms Mutia.

 

High demand for electricity compelled several foreign solar power firms to invest in the country during the last decade. Now just a handful are still operational, with wary international partners pulling out of the market in the last few months.

 

In the late 1990s solar power companies could expect to sell 20,000 units in a year, with a comfortable growth rate of 30 per year. Now firms say they are registering drastic reductions in sales, with a 40 per cent drop experienced last year.

 

Just over 100,000 rural Kenyan families rely on solar energy to generate electricity in their homes. The majority of these families use smaller power units that typically can power one television and four light sources which are sold for over Sh20,000.

 

The change in fortunes has not been bad for all solar power companies. Chloride Exide is benefitting from a Sh300 million government programme to install solar electricity converters in secondary schools in arid and semi-arid lands in North Eastern, Eastern, Rift Valley and Coast Provinces.

 

The 44 year old power company has successfully provided power solutions to over 30 schools through the program. “Installation is currently ongoing. The tender was awarded after a competitive bidding process and is sponsored by the Ministry of Energy,” said the company in a statement.

 

Chloride Exide recently shifted from providing batteries to renewable energy solutions, diversification which Solagen believes will save it and other firms from perishing in a shrinking market.

 

The smaller firms are seeing increased sales of water heating implements to urban consumers who can enjoy savings of up to 60 per cent on power bills.

 

Around the world, solar power is slowly gaining recognition as a reliable and cheap form of energy. Internet firm Google recently implemented the world’s largest corporate solar installation, installing 9,212 solar panels to gain 1,600 kilowatts to power the firms offices.

 

In the last 24 hours, Google produced 5,286 kilowatt-hours of electricity from the sun, which is enough to run 11,276 hair-dryers at the same time.

Fujikura receives order for radiation resistant optical fibre from CERN

Today in manufacturing news we feature a story from Fujikura and how they have been received an order from CERN for the world’s highest energy proton-proton collinder.  For full press details please read on:

Fujikura receives order for radiation resistant optical fibre from CERN

 

Fujikura has received an order for 1.3µm-band single-mode optical fibre to be used in the LHC (Large Hadron Collider), the world’s highest energy proton-proton collider. The LHC is currently under construction at CERN (*1), the European laboratory for nuclear research. In order to improve the reliability of data collection from the LHC, this radiation resistant optical fibre employs a special design which suppresses loss and deterioration due to radiation, even in high-level radiation environments of 20 kGy/year. This single-mode fibre is also basically adapted for ITU-T (*2) G.652.B. Fujikura has made numerous improvements in fibre characteristics since 2005, with the aim of winning the order for this project, and our product was selected over products from competing companies due to its dramatically superior performance.

 

Fujikura also has a past delivery record of radiation resistant 12-core multi-mode optical fibres, and 8-core 850 nm single-mode optical fibres.

 

CERN praised our product highly: “Radiation resistant optical fibre from Fujikura makes it possible to collect data from collimator and beam cleaning zones, where radiation levels are the highest.” In order to further improve radiation resistance of our previous product, we conducted an overall review and improved the fibre structure and manufacturing method, and this helped to win the CERN order. In the ATLAS experiment using this LHC, researchers expect to discover the “Higgs boson”, a particle predicted by the Standard Model for the past 20 years. As the importance of research in this field increases, we will continue to develop products to meet customer needs.