Unity Wireless Corp. announced that it has successfully signed a distribution agreement with Russia’s largest wireless equipment distribution company. This agreement now gives Unity much needed relationships and access to Russia’s tier-1 wireless network operators for the outdoor and new indoor repeater line of products. The cell phone market in Russia is the second fastest growing in the world. In 1999, about one percent of Russians owned a cell phone. Five years later, 90 percent of residents in Moscow and St. Petersburg had phones and service. Even as the metropolitan markets build out, nearly 60 percent of the country's people still do not have cell phones and live in areas that are too difficult to reach with traditional land lines. Mobile handset sales growth in Russia continues to be one of the fastest in the world.
“The Russian wireless operator market has delivered solid direct revenues for both our microwave and repeater lines over the last two years. Russia has also been in the top three markets globally in tower mounted amplifier (TMA) sales for our largest competitors,” commented Ilan Kenig, president and CEO of Unity Wireless. “This agreement with Russia’s largest distributor is a milestone for the company giving Unity the support, contacts and account access needed to take our products to the next level in a large and dynamic market.”
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