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Eltek Valere Receives Indus Towers Partner Award for Outstanding Achievement in Technology & Innovation


February 22, 2011 - Drammen, Norway

Eltek Valere, the world leader in high efficiency power systems, today announced that it has received the prestigious Indus Towers award for Outstanding Achievement in Technology and Innovation Excellence for 2010-2011. Indus Towers, with more than 110,000 towers in its portfolio and 200,000 tenancies, is the world’s largest cell phone tower company and provides shared telecom infrastructure services to wireless and broadband service providers.

The award was presented at the Indus Partners’ Meeting held in Gurgaon, India on February 3, 2011.

“Our excellent relationship and partnership with Indus Towers has been key to our joint success in widely deploying services throughout India,” said KK Jain, Chief Operating Officer of Eltek Valere India. “Eltek Valere is honored to have been recognized by Indus as a contributor to the technology and innovation of India’s telecom market, and more importantly, we are pleased to play a part in enabling billions of people in rural areas to access important services such as health care, education and government services.”

About Eltek Valere

Eltek Valere is a technology leader developing and marketing high-efficiency (HE) power solutions for telecom and industrial applications. The company also has a growing business in renewable markets, such as photovoltaic grid inverters and chargers for electric vehicles. Headquartered in Drammen, Norway, the company’s global operations employs approximately 2,200 people, and generated revenue of NOK 3.1 billion in 2009. More information is at http://www.eltekvalere.com.

CONTACTS : India Press Contact Eltek Valere Sanjay Gupta VP - Sales & Business Development +91-8800921888 sanjay.gupta@eltekvalere.in

Source: Business Wire India

BusinessWireIndia

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