MTEL signs EUR4.5m WiMAX contract

29 Jun 2007

MTEL, Montenegro’s newest wireless licensee, has awarded Greek equipment vendor Intracom Telecom a EUR4.5 million contract for the deployment of WiMAX infrastructure. The deal includes the turnkey supply and installation of WiMAX base stations and user terminals and will be completed over a period of four months. The contract also includes managed services for a year, with an extension option for another three years.

MTEL is owned by Telekom Srbija (51%) and Ogalar (49%). The company won the country’s third wireless concession on 9 May 2007 and is planning to launch its GSM/W-CDMA network next month. By the end of 2007 the company expects to have coverage of 90% of the territory and have achieved a 15%-20% market-share.

Montenegro