September 17, 2004 – Alcatel and Sistema JFSC, the largest private non-natural resource-based corporation in Russia and an active player in the Russian telecommunications market, today announced signing a more than 5 million Euro contract to build a platform for the delivery of advanced multimedia services to Sistema's residential customers. The 2 companies announced a Memorandum of Understanding on September 8, 2004.
Under the term of the contract, the first phase of a large multimedia project of AFK Sistema will be implemented. As a result the most advanced center of broadband multimedia services' aggregation will be created. Alcatel will deliver to Sistema Mass Media, Sistema's media arm its fully integrated Open Media Suite, the industry-leading middleware solution for delivery of rich media in a triple play service mix (voice, data, video). Additionally, Alcatel will provide integration, customization and installation services.