Eltek ASA: Eaton Towers Selects Eltek as Power Partner
(Thomson Reuters ONE) -
DRAMMEN, NORWAY - June 29, 2012 - Eltek, the world leader in high efficiency
power systems, today announced that Eaton Towers Africa Holdings UK Ltd,
Africa's leading mobile tower co-location and services company, has signed a
three-year contract naming Eltek MEA DMCC as its power partner.
The contract will enable Eltek to provide DC power solutions and associated
equipment to Eaton Towers subsidiaries and partners in Uganda, Ghana, Kenya and
South Africa. Eltek will also provide power consultation and training to enable
Eaton Towers to provide power solutions to operators who utilize the company's
services.
"This contract is an important step forward for Eltek in Africa and proves our
ability to provide products and services across the African continent. We look
forward to enable Eaton to significantly reduce its operational costs by using
our solutions," said Bob Hurley, Regional Director for MEA in Eltek.
Eltek was selected as a preferred supplier to the Eaton group based on a number
of key factors, including product leadership, market experience, competitive
pricing and local presence. The company will initially supply its Flatpack 2 HE
power equipment but will also explore possible hybrid solar power systems
deliveries to help further reduce operational costs.
Eltek has highlighted the growth potential on the African continent as one of
its main targets for geographic expansion, both because of generally increasing
demand for communication services in Africa, and also because the region lends
itself well to Eltek's market leading hybrid solutions and systems. Eltek
earlier in 2012 opened its two first offices in sub-Saharan Africa, in Lagos,
Nigeria, and Nairobi, Kenya.
About Eltek
Eltek is a strategic technology partner within power solutions. The Company
reported revenue of NOK 3.6 billion in 2011, and has Approximately 2,400
employees in close to 40 countries. Following the proposed divestment of Nera
Telecommunications, Eltek focuses on its core business in telecom power and
power electronics solutions for industrial applications and renewable markets
such as solar power and electric vehicles. Eltek is listed on Oslo Stock
Exchange and headquartered in Drammen, Norway.
About Eaton Towers
Eaton Towers was founded to be an independent, truly neutral manager to
facilitate universal Telecommunications service in Africa through reduction of
operator capital and operating costs via shared infrastructure.
For further information, please contact:
Eltek ASA
CFO Pål Skistad: +47 908 50 378
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Eltek ASA via Thomson Reuters ONE
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Datum: 29.06.2012 - 02:16 Uhr
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