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ITAtelecom in partnership with Cisco Group

ItaExpress ST

07/19/2008 05:23 pm

Cisco delegation takes a photograph with the executives of Tan Tao Group and ITAtelecom Corp.

On the afternoon of July 16, 2008, a high-level delegation from the Cisco Group came to find investment opportunities with the ITA Telecommunication Corporation (ITAtelecom) of the Tan Tao Group (ITA Group).

The Cisco delegation comprising of Mr. Dennis Shen, Managing Director (Cisco Business Solutions Group Asia Pacific Service Provider), Mr. Hany Gabriel, Director (Internet Business Solutions Group Asia Pacific Service Provider) was warmly received by Mr. Thai Van Men, President of Tan Tao Group and Mr. Le Phuong, President of ITAtelecom. The Cisco group were particularly interested in finding investment opportunities in Vietnam and Tan Tao Group‘s projects comprising of 9 industrial parks with the 6,599 ha-area, 6 high-rise buildings construction and 10 E.cities with a total area of 6,522 ha.

According to Mr. Hany Gabriel, investing in Tao Tao Group is an important step for the Cisco Group in entering into the Vietnamese market. Cisco Systems Vietnam will work assidiously with ITAtelecom to speed up investment in providing equipment and facilities for the infrastructure of projects, beginning with Tan Tao IP and Tan Duc IP with a total area of 1000 ha. These two projects will start in early fourth quarter of 2008 with a total investment capital of USD 35 million.

Viet Thang (Translated by)

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