Prysmian wins 35 million Euro cable contract in Libya

FEBRUARY 15, 2008 -- The 35-million Euro contract with Libyan General Post and Telecommunications Company will include both underground and aerial deployments.

FEBRUARY 15, 2008 -- Prysmian Cables & Systems (search for Prysmian) has announced a major contract for the supply of telecommunication cables to Libya.

Prysmian says the contract, inked with Libyan General Post and Telecommunications Company (GPTC), will involve the deployment of a range of cable types into the network of the national carrier.

The deal has an overall value of more than 35 million Euro and includes cable for both underground and aerial deployment in various configurations based upon GPTC specifications.

"We are extremely pleased to be continuing our long history of working with GPTC and supporting them in the ongoing expansion of their national network," contends Giovanni B. Scotti, director of Prysmian's global telecom business.

"We are currently nearing completion of an earlier contract for the delivery of more than 6000 km of optical cable into the Libyan national network," adds Franco Carini, CEO of Prysmian Italy. "Today's announcement emphasizes the commitment of GPTC to the further growth of their network and to the significant part that Prysmian is playing in this."

Deliveries are scheduled to start in February and continue for a period of approximately 12 months.


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