|By Business Wire||
|October 16, 2012 06:49 PM EDT||
Please replace the release with the following corrected version due to multiple revisions.
The corrected release reads:
TECORE NETWORKS CONTINUES TO PROVIDE U.S. ALTERNATIVE FOR DOMESTIC NETWORKS
Company Responds to 60 Minutes Story Lamenting Disappearance of U.S. Telecom Manufacturers
Tecore Networks, a U.S.-based, global supplier of 2G, 3G, and 4G mobile network infrastructure and the inventor of Managed Access technology, announced today that is has responded to a news item featured on CBS’ 60 Minutes regarding the growth of telecommunications equipment company Huawei Technologies, and the disappearance of U.S.-based manufacturers. (The story may be viewed at www.cbsnews.com/video/watch/?id=7424702n.)
In a letter to 60 Minutes producers and the Chairman of CBS News, Tecore Networks’ CEO Jay Salkini made clear that as the longstanding standard-bearer of investigative journalism, the piece run by 60 Minutes was a tremendous oversight to both Tecore Networks and wireless operators by failing to acknowledge that his company vigorously continues as the last U.S.-owned manufacturer in the wireless equipment sector, especially in light of the fact 60 Minutes producers were aware of Tecore Networks’ presence in the market space. Tecore Networks “has worked very hard over the years to not only continue to exist, but to grow and ensure that network operators, the U.S. government, and foreign governments are aware that at least one American alternative remains viable and available,” Mr. Salkini said. 60 Minutes and CBS News, he proposed, should run a post-script to the Huawei story “to point out that although the U.S. manufacturing base in this sector has nearly vanished, Tecore Networks remains to compete with quality, American made Telecom equipment.”
The 60 Minutes story, which aired October 7, 2012, on CBS television, discussed Huawei Technologies and the potential threat that the company’s incursion into the U.S. telecom market poses to U.S. national security, especially in light of the apparent close ties maintained with the Chinese government and military by the purportedly independent company. Mr. Salkini otherwise praised CBS for the story as “a good piece that highlighted the risks of this equipment in the U.S. market.”
“While we are a small company in comparison to the industry giants, we design, develop and produce cellular wireless telecommunications infrastructure equipment in our Maryland and Florida facilities suited for commercial networks and specialized applications” and “recently pioneered the development of a comprehensive technology solution to the growing issue of contraband wireless devices in the hands of prison inmates,” Salkini said. “We have a broad customer base in both the United States and around the world, including independent U.S. wireless companies servicing the Aleutian Islands. Northern Slope of Alaska as well as domestic operators in the Midwest which serve important rural areas underserved by the large national carriers.”
About Tecore Networks
Tecore Networks is a pioneer global supplier of multi-technology 2G, 3G, and 4G/LTE mobile core and access network infrastructure and the inventor of Managed Access technology. Built with the same standards-based voice and data technologies available to global carriers on an IP-based architecture, we have dramatically enhanced functionality while minimizing space requirements, installation time and cost of ownership. We also offer integrated value-added features to enable our customers to increase ARPU and retention. Our solutions include core as well as radio access network infrastructure, supported by state-of-the-art professional services. Founded in 1991, Tecore is ISO 9001:2008 certified, and is a three-time winner of the Global Mobile (3GSM) Award. For more information, visit www.tecore.com.
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