Although not immediately, the joint venture will help us to become a meaningful player in the market, one of the top three. We also expect the Chinese government to be auctioning 3G contracts in the next 12 months, which is bound to increase the demand for billing services.
Yair Sakov
Over the past 18 months, we have taken significant steps to position ourselves in the US, Africa, Europe and Asia to complete our global expansion. We will now focus on developing recent acquisitions and joint ventures.
africa past focus global europe expansion asia
This recognition by Deloitte clearly demonstrates the growing market acceptance of FTS' solutions. Furthermore, in the last quarter of 2005, FTS signed new deals amounting to about 5m. FTS is capitalizing on service and content providers' moves to next generation products, while providing traditional operators with state-of-the-art solutions that address their current needs with a clear roadmap for the future.
content products future recognition growing acceptance solutions market
government meaningful chinese market bound demand
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