AMITELO Afrique SA., a subsidiary of AMITELO AG, is continuing its successful expansion strategy in Senegal and neighboring countries. Last week saw the start of the installation of the Voice over IP (VoIP) network for Bank PAMECAS Mutuel - AMITELO Afrique was able to successfully implement the plans for modernizing the communication network and is now commencing with the realization of this lucrative project.

With "PAMECAS Mutuel", AMITELO acquired at the end of last year an important financial service provider as customer. Having completed the plans for the network topology and technical equipment with VoIP-enabled technology, the network establishment is now under way. The contract with a longer term of several years concerns the nationwide networking of the bank branches to establish a standard, forward-looking network infrastructure for data and speech communication. The first bank branches have already been successfully linked in the test phase to the new network. For Bank PAMECAS Mutuel, the migration to the VoIP level represents a significant improvement to communication. Until now, the bank had been using its own VPN data network, with speech being settled separately via the state telephone company Sonatel. In future, speech and data will be transported for the bank via one data cable - primarily via the internet.

Advantages for PAMECAS Mutuel: on the economic side, a reduction in communication costs as telephone calls can be made between the branches free of charge. On the productive side, greater efficiency thanks to the new service features, such as conference calls. A very good reference example for the country. The focus of the AMITELO Group lies on VoIP technology and accompanying software solutions which - similar to this project from one source - are supplied by AMITELO Technology SL (Ceuta/Spain). A project of this kind reflects the AMITELO company purpose of establishing communication infrastructure in countries displaying a considerable undersupply.

In addition, AMITELO Afrique SA. has just signed a wholesale contract with "SOCIETE DES TELECOMMUNICATIONS DU MALI" (Sotelma), Mali's state telephone company. Here AMITELO will operate as partner for international speech termination.

With these two contracts, AMITELO will generate operating sales in future in the amount of two digit million EUR per year in the corporate client and wholesale area. AMITELO is continuing its organic growth through the operating growth of the subsidiaries by gaining new customers in the African region.