Winncom Technologies and Lucent Technologies are providing a turnkey fibre-optic communications network in the capital city of Astana in Kazakhstan, backed by an Ex-Im Bank US$48mn loan guarantee.
The network will have the capacity to provide multifunctional voice and data services for up to 100,000 customers.
As the exporter of record, Winncom Technologies will provide procurement, design, engineering and other services to Kazakhtelecom, the state-owned national telecommunications provider. Lucent Technologies is the primary supplier on the export sale.
Société Générale, New York, is the guaranteed lender on the transaction. The primary source of repayment is Kazkommertsbank, Kazakhstan’s largest bank.