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The following piece on Icon Private Equity is being published as part of our Private Equity Tracker Tool, our daily effort to track private equity firms in the industry.
Resource #1: Icon Private Equity Teams With ZTE Corp. to Build Network
ZTE Corporation (“ZTE” – H share stock code: 00763.HK / A share stock code: 000063.SZ), a leading global provider of telecommunications equipment and network solutions, today announced that it has collaborated with Icon Private Equity to build a 3.5 GHz WiMAX network for Icon PE’s portfolio company, Ukraine High Technologies (UHT) in Ukraine. Upon the network completion by the 4th quarter 2009, the WiMAX system will bring UHT subscribers unparalleled experience to access high-speed wireless broadband services.
Under this phase one exclusive contract agreement with UHT, ZTE is providing technical expertise and solutions to help construct a WiMAX network that covers Ukraine’s capital city Kiev and the surrounding areas. At the same time, ZTE will also supply a wide range of advanced WiMAX solutions including more than 250 WiMAX base stations, 6,000 WiMAX terminal products and core network equipment to support the network. Source
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