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LCC Announces $8.9 Million in Recent Wins for Engineering, Optimization and Benchmarking ServicesFont size: A | A | A4:15 PM ET 9/18/08 | BusinessWire
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LCC International, Inc. (NASDAQ:LCCI), a leader in advanced wireless services and solutions, announced today that it has recently received contracts totaling $8.9 million for engineering, optimization and benchmarking services.
LCC Pakistan, operating in a market that has shown considerable growth during the past two years, has recently been awarded a contract renewal for another year from a tier one wireless operator and signed multiple contracts with one of the largest radio access network providers in the region. The scope of these contracts primarily covers radio network planning, radio network optimization, field drive testing and in-building planning and optimization. These contract wins exemplify LCC's strength in the region and highlights the need of the operators in this region for wireless engineering expertise.
LCC's America's region has recently received contracts from tier one wireless operators for performing turnkey 3G design and UMTS optimization services for several markets across the United States. The America's region, which includes Mexico, also received a contract for performing GSM optimization and UMTS pre-launch optimization services for a large equipment manufacturer in Mexico.
"We remain committed to improving the company's performance by fully executing on our global cost cutting strategy and building a business based on sustainable revenues. I believe it is important to highlight these recent wins as they underscore our focus on achieving incremental organic revenue growth," said Kenny Young, President and CEO of LCC. "In many of our markets, and specifically in Pakistan, we continue to realize renewable and recurring revenues which supports our confidence that we can achieve organic growth and the proper balance needed to provide optimal service to our customers while delivering real shareholder value."
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