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JOINT VENTURE ANNOUNCEMENT

For Immediate Release:

Singapore (Press Release) Dec 08, 2008 – Delta Network Pte. Ltd , a Telecommunications Solutions Company providing Infrastructure and mobile voice/data solutions, and Haier Mobile Co. Ltd, the fastest growing brand and one of China’s largest names in CDMA, announced a Joint Venture to offer Telecommunication Mobile Solutions for customers in South America.

The Joint Venture company – Haier Telecom (South America) Co. Ltd will supply an extensive range of top of the class mobility products and services for 3G GSM/CDMA Operators in over 20 countries in South America.

The new organization, consisting of 51% ownership by Haier Mobile and 49% by Delta Network Pte. Ltd is headed by Chairman, Mr Chai Yongsen, with Chief Executive Officer, Mr Sameer Trehan managing the operations of the JV.

About Haier Mobile

Haier Mobile aims to achieve the objective of making life more fashionable. Haier has committed itself to integrate wireless telecommunication technology into fashionable mobile phone & data products. No effort is spared to offer products with convenient features to improve the quality of people’s life and to make itself into a first class mobile phone & data products supplier.

Haier Telecom Industry Park, located in Qingdao Hi-tech Zone encompasses a vast construction space of 50,000 square meters. Here are located, first class soft production line & testing equipment. Inside the park, advanced mobile phone manufacturing facilities in dust free and temperature/humidity consistent environment, produce both GSM and CDMA phones with an annual production capacity of more than 15 million sets.

About Delta Network

Delta Network is a Telecommunications Solutions Company offering Infrastructure and customized voice/data solutions to meet the needs of Wireless Network Operators globally. Apart from Africa, where Delta Network is recognized to be one of the largest providers of customized mobility products, its client base spans across Asia, CIS and the Americas.

With more than 12 years of expertise in the telecommunications domain, Delta Network provides cutting edge technology, platforms, systems and consulting services for Telecommunications Infrastructure & Consumer Premises Equipment. R&D Headquarters is located in Singapore. With strong engineering capabilities, Delta Network is competent in providing customers with the most cost-effective & customized service support.

Photo Gallery
JV Signing Ceremony

     
     

 

 
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