WFI Awarded Multi Million Dollar Contract Extension for 2G and 3G Network Services for O2
October 17 2006 - 8:00AM
PR Newswire (US)
WFI to Continue Leading O2's Development of Advanced Telecom
Services in the U.K. SAN DIEGO, Oct. 17 /PRNewswire-FirstCall/ --
WFI (NASDAQ:WFII), a global leader in the design, deployment, and
management of wireless communication networks, information
technology solutions and security systems, announced today that it
has been awarded a multi-million dollar contract to continue
providing its services and expertise in the areas of 2G and 3G
network design and optimization services for O2, the leading
provider of mobile services in the United Kingdom. Work under the
contract extension is already underway and will continue in to
2007. With over 16 million customers, O2 is one of the largest and
most innovative mobile providers in Western Europe, particularly in
the delivery of data rich consumer services such as text, music and
video. The contract extension announced today will serve as the
cornerstone for optimizing O2's network infrastructure for the
delivery of 2G and 3G wireless services as more high capacity
content and applications are made available to its customers.
"Having successfully completed networking projects with WFI in the
past, we are very familiar with their engineering and network
optimization expertise, and we are confident their engineers will
continue work under this contract extension with the highest
standard quality of work," said Steve Dedross, O2 Head of
Operational Delivery. "With more than 10 years of experience in RF
engineering and optimization of wireless network services, WFI
brings to this relationship the kind of technical leadership we
require. WFI has a firm grasp on our 2G and 3G network program
requirements, and we are pleased to extend this relationship to
deliver best-in-class network solutions for the voice and data
services we provide to our customers." "WFI was selected for this
contract extension because of our domain expertise with 2G and 3G
networks and because of our longstanding relationship with this
innovative mobile provider," said Igor Leprince, Managing Director
of WFI EMEA. "As wireless services continue to evolve, expertise in
the design, implementation, and optimization of advanced wireless
standards are critical to mobile operators' ability to achieve the
highest quality in networking solutions. Our customers count on us
to deliver cutting-edge services to help provide improved quality,
reliability, and better coverage and quality of service for their
2G and 3G voice and high-speed data networks. We are truly pleased
to continue our work with O2." About O2 O2 is a leading provider of
mobile services to consumers and businesses in the UK. It is the
leader in non-voice services, including text, media messaging,
games, music and video, as well as always on data connections via
GPRS, 3G and WLAN. Every month, O2's 16 million customers send well
over a billion text messages. O2 owns 50% of the Tesco Mobile joint
venture in the UK as well as having 100% ownership of Be, a leading
UK fixed broadband provider. The wider O2 group includes a mobile
network operator in Ireland, integrated fixed/mobile businesses in
Germany and the Czech Republic, and O2 Airwave -- the emergency
services network in the UK. O2, is a Telefonica company,
headquartered in Slough, UK, and has more than 35 million customers
across Europe. About WFI Headquartered in San Diego, CA, WFI is an
independent provider of systems engineering, network services and
technical outsourcing for the world's largest wireless carriers,
enterprise customers and for government agencies. The company
provides the design, deployment, integration, and the overall
management of wired and wireless networks which deliver voice and
data communication, and which support advanced security systems.
WFI has performed work in over 100 countries since its founding in
1994. News and information are available at http://www.wfinet.com/.
(code: WFI-mb) Notice Regarding Forward-Looking Statements This
news release contains certain forward-looking statements including,
without limitation, expressed or implied statements concerning the
Company's expectations regarding anticipated operating results for
2006, future financial performance and cash flows and market
developments that involve risks and uncertainties. Such statements
are only predictions, and the Company's actual results may differ
materially. Factors that may cause the Company's results to differ
include, but are not limited to: risks that closing conditions,
including expiration of waiting periods under applicable antitrust
laws and regulations, will not be satisfied in a timely manner, or
at all; risks associated with the integration of MRC into WFI
Government Services; risks associated with increased debt leverage;
risks that the anticipated benefits of the acquisition will not be
achieved; changes in the scope or timing of the Company's projects;
changes or cutbacks in spending by the U.S. Department of Defense,
which could cause delays or cancellations of key government
contracts; slowdowns in telecommunications infrastructure spending
in the United States and globally, which could delay network
deployment and reduce demand for the Company's services; the
timing, rescheduling or cancellation of significant customer
contracts and agreements, or consolidation by or the loss of key
customers; failure to successfully consummate acquisitions or
integrate acquired operations; the rate of adoption of telecom
outsourcing by network carriers and equipment suppliers; the rate
of growth of adoption of WLAN and wireless security systems by
enterprises; and competition in the marketplace which could reduce
revenues and profit margins. The Company undertakes no obligation
to update any forward-looking statements. These and other risk
factors are more fully discussed in the Company's Quarterly Report
on Form 10-Q for the period ended June 30, 2006 and in other
filings made with the Securities and Exchange Commission. Contact:
Michael Baehr VP of Corporate Communications & Investor
Relations Wireless Facilities, Inc. 858.228.2799 Direct DATASOURCE:
WFI CONTACT: Michael Baehr, VP of Corporate Communications &
Investor Relations of Wireless Facilities, Inc., +1-858-228-2799,
Web site: http://www.wfinet.com/
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