Sistema JFSC, the largest private non-natural resource-based corporation in Russia, awarded a contract valued at EUR 5 million to Alcatel to build a platform for the delivery of advanced multimedia services to Sistema's residential customers. Under the contract, Alcatel will deliver to Sistema Mass Media, Sistema's media arm, its fully integrated Open Media Suite, which is a middleware solution for delivery of rich media in a triple play service mix. Additionally, Alcatel will provide integration, customization and installation services. Sistema is targeting a mass-market commercial launch for early 2005 in Moscow over a broadband IP infrastructure.
Alcatel's Open Media Suite hardware/software solution encompasses user interface
customization, integration with third party equipment such as set top boxes and digital video head ends, as well as the facilitation of negotiations with content owners and suppliers. Products include the 5950 Open Media Platform and Applications and the 5959 Open Media Content Management and Delivery system, including the 5959 Open Video Server. http://www.alcatel.comhttp://www.sistema.ru
- Sistema JSFC actively manages a portfolio of direct investments in areas including telecommunications (Mobile TeleSystems (MTS), Moscow City Telephone Network (MGTS), Comstar United Telesystems and others), technology (NIIME and MIKRON, STROM telecom, Sitronics), insurance (ROSNO), real estate (Sistema-Hals), retail (Detsky Mir Group) travel services (Intourist), finance and securities (MBRD), and others.
