Ceragon Networks Ltd. (NASDAQ and TASE: CRNT), a leading provider of high-capacity wireless backhaul solutions announced that Botswana Telecommunications Corporation (BTC) selected their advanced solutions for upgrading its nationwide wireless backbone as well as the backhaul network of its cellular subsidiary beMobile. Ceragon solutions will enable BTC to support rapid subscriber growth and meet its service expansion plans. Equipment orders related to this deployment top $1.5 million.
With Botswana's high mobile phone penetration-rates in Africa, BTC offers voice and data services supported over its mobile network. Ceragon’s FibeAir(R) solutions that support high speed wireless transmission, will enable the BTC to continue to offer its growing customer base high-quality and disturbance free service delivery as part of the Rural Services Improvement and Expansion project that BTC has signed with Botswana Telecommunications Authority. Deployments are already under way and are expected to be completed by the end of 2009.
"In order to succeed in the dense telecom market of Botswana, it was important for us to select a backhaul solution that will ensure high quality service delivery at a competitive price," said a BTC spokesperson.
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Botswana Stock Exchange aggregates business and finance information relating to Botswana and the southern African region.
Wednesday, 11 November 2009
Lucara to Acquire AK6 Diamond Project From De Beers.
Lucara to Acquire AK6 Diamond Project From De Beers.
Lucara Diamond Corp. (TSX VENTURE: LUC) entered into a Sale Agreement to acquire a 70.268% interest in Boteti Exploration (Pty) Ltd. ("Boteti"), which holds a 100% interest in the AK6 advanced diamond development project located in the Orapa (largest diamond region in the world) of Botswana from from De Beers Prospecting Botswana (Pty) Limited ("De Beers").
Lucara Diamond Corp. (TSX VENTURE: LUC) entered into a Sale Agreement to acquire a 70.268% interest in Boteti Exploration (Pty) Ltd. ("Boteti"), which holds a 100% interest in the AK6 advanced diamond development project located in the Orapa (largest diamond region in the world) of Botswana from from De Beers Prospecting Botswana (Pty) Limited ("De Beers").
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