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Financial Corporation "Sistema"

June 22, 2012

RTI OJSC and Nokia Siemens Networks have concluded a strategic partnership agreement

Saint Petersburg, Russian Federation -June 22, 2012 -  RTI OJSC and Nokia Siemens Networks have concluded a strategic partnership agreement in the sphere of telecommunication technologies. The agreement was signed in the frame of the 16th Petersburg International Economic Forum.

RTI OJSC and Nokia Siemens Networks, the key partners of the Skolkovo Foundation, have concluded a cooperation agreement which will be an important step towards centralization of the cores activities aimed at telecommunication solutions development based on this site. The companies plan to set up the steering committee and the workgroups which will carry out the efforts along certain telecommunication directions. Their scope of activities will include development and modelling of such innovative technologies as LTE, Active Antenna Systems (AAS), Beamforming, and also the technology of Wi-Fi offloading of mobile networks Internet traffic. All above-stated names and technologies hold the Russian and international patents or pending patents.

"The ultimate objective of the steering committee and the workgroups activity is selecting the initiatives on which RTI and Nokia Siemens Networks will jointly develop cooperation with the possibility of placing the applications for the Skolkovo grants. We also plan to develop the SITRONICS Labs ÀNÎcapacities in the area of radio physics," said Sergey Boev, RTI OJSC General Director.

"We are sure that our cooperation with RTI OJSC on the basis of Skolkovo will allow to create an effective platform both for new development, applicable in the international telecommunication projects, and for bringing the existing solutions closer to requirements of the Russian market which is a strategic market for us," added Kristina Tikhonova, head of Nokia Siemens Networks in Russia.

About RTI

RTI OJSC is the largest industry holding, the integrator of hi-tech research and production companies. The key stockholder of RTI OJSC is AFK Sistema (84.6%) and Bank of Moscow OJSC (15.4%). The RTI OJSC enterprises have their own R&D infrastructure and implement unique projects in terms of complexity and scale in the sphere of radio and space technologies, navigation and microelectronic products. The RTI OJSC products portfolio includes the solutions in the sphere of complex communication systems and security, system integration, microelectronics, telecommunications, geoinformatics and radio navigation, and also large defense projects of national significance. RTI OJSC comprises the RTI Systems Concern OJSC (97%) and Sitronics OJSC (63.074%).

Web site: www.rtisystems.ru

About Nokia Siemens Networks

Nokia Siemens Networks is the world's specialist in mobile broadband. From the first ever call on GSM, to the first call on LTE, we operate at the forefront of each generation of mobile technology. Our global experts invent the new capabilities our customers need in their networks. We provide the world's most efficient mobile networks, the intelligence to maximize the value of those networks, and the services to make it all work seamlessly.

With headquarters in Espoo, Finland, we operate in over 150 countries and had net sales of over 14 billion euros in 2011. https://www.nokiasiemensnetworks.com

 

 

 

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