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Anite Telecoms Announces Profits Leap
Added: (Thu Jul 26 2001)
Anite’s Telecoms business, which includes the leading mobile handset test solutions provider, has bucked the telecom downturn and increased its turnover by 83% with operating profits up by 102%. Preliminary figures for year ended 30th April 2001, show a turnover of £29.5m and operating
profits of £7.7m.
Anite Telecoms is a subsidiary of Anite Group plc, a major player in the European IT consultancy and services sector, which reported an overall turnover increase up 49% to £162.7m.
Anite’s Telecoms business provides test solutions to mobile phone manufacturers and network operators. It employs 210 people and has bases in Fleet, Chicago, Yokohama and Beijing. Anite Telecoms also provides network efficiency tools and billing solutions for network providers.
Daniel Oosthuizen, Anite Telecoms Director, said, “Anite Telecoms has been uniquely successful in developing and delivering market-leading software solutions, that have been fundamental to the cost-effective and reliable introduction of today’s latest mobile handsets into new-generation wireless networks. To maintain our reputation for delivery, we have increased our telecoms R&D budget from £2m to £3.5m. I am confident that our market-critical development and conformance test solutions will continue to be market leaders during this challenging time.”
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For further information contact either:
Estelle Andlauer,
Marketing Communications Manager,
Anite Telecoms Ltd,
127 Fleet Rd, Hampshire GU51 3QN, UK.
Tel: +44 1252 775200
E-mail: estelle.andlauer@anitetelecoms.com
or:
John Ockenden, or Tim Guest,
Hill Murray Public Relations,
12-18 Grosvenor Gardens,
London SW1W ODH.
Tel: +44 20 7881 3232
E-mail: johno@hm-pr.co.uk