Product category:
Manufacturing orders, contracts, financial reports
News Release from: Hemisphere GPS | Subject: Motorola FX800t fixed wireless telephones
Edited by the Manufacturingtalk Editorial
Team on 25 June 2004
Fixed wireless telephones worth US$18m
ordered
CSI Wireless has receives US$18 million in purchase orders for its TDMA Fixed Wireless Telephones. with Mexican demand increasing volumes and revenues for second half of 2004.
CSI Wireless, a designer and manufacturer of advanced wireless and GPS products used in more than 40 countries, today announced that it has received purchase orders totaling US$18 million from Brightstar Corporation, a Motorola licensee, for CSI's TDMA-based fixed wireless telephone known as the Motorola FX800t Shipments under these orders will be made throughout the third quarter and completed in the fourth quarter of this year
This article was originally published on Manufacturingtalk on 9 Jun 2005 at 8.00am (UK)
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These purchase orders are in line with Management's expectations, increasing volumes by over 75% in the second half of 2004 compared to the first half of the year.
"Our new feature-enhanced version of the Motorola FX800t is increasing consumer demand for fixed-wireless TDMA telephones in Mexico," said Stephen Verhoeff, CSI Wireless' president and CEO.
"These purchase orders solidify our positive expectations for FX800t sales in the last half of 2004, and validate the appeal and quality of our product." The Motorola FX800t's success has enabled CSI to become the dominant supplier of TDMA (Time Division Multiple Access) fixed wireless telephones in Latin America - producing a high-quality, feature-rich product at a very competitive cost.
"These purchase orders illustrate the fact the FX800t is meeting the needs of the Latin American marketplace from both a cost and feature-set perspective," Verhoeff added.
"Through our partnership with Brightstar, we are providing consumers with quality fixed-wireless products." CSI is also developing a series of GSM-based fixed wireless telephones.
Deployed in almost 200 countries, GSM (Global System for Mobile communications) is the most widely adopted cellular technology standard.
CSI's GSM telephones have undergone successful prototype testing, and product shipments are expected to begin in the third quarter of this year.
The telephones are already generating encouraging global interest.
By offering both TDMA and GSM fixed wireless telephones, CSI Wireless will dramatically expand its addressable market.
More than 600 wireless carriers and 80 percent of the world's wireless telephone subscribers rely on TDMA and/or GSM technology.
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