1-Billion of 2N Telecommunication Equipment Spread Worldwide

Released on = May 9, 2006, 5:41 am

Press Release Author = Nicole

Industry = Telecommunications

Press Release Summary =
The 2N brand gains ground throughout Europe and the rest of the world, especially
due to successful least-cost GSM applications, i.e. products that were placed on the
Czech market as early as 1997

Press Release Body =

The engineering industry used to be the leader in the Czech Republic for decades.
Recently, its close relative - the automobile industry - got quickly to the top of
exports. Besides cars and their spare parts, where the Czech Republic is a source of
manpower rather than a creative element, the export of top technologies and unique
ideas is becoming more and more successful. This is demonstrated by the export line
of the Czech company 2N TELEKOMUNIKACE, Prague, which has exported telecommunication
equipment worth CZK 1 billion since 1999. However, it is the ambition of 2N to make
this amount its annual sales within three years.

One or ten billion are unimportant figures absolutely because they may represent
standard sales in some fields and an above-standard achievement in others. What
deserves attention is the history of the rise of this figure and some details. The
first detail is that 2N is a purely Czech business, which celebrated its 15th
anniversary in February this year. Like many other companies, 2N started with a very
low capital stock in 1991. Unlike other companies, however, they did not confine
themselves to the import of foreign products but started developing home private
branch exchanges immediately. A lot of successful products familiar to almost
everybody has come into being in 2N during its fifteen-year long existence. This is
evidenced by over 20 thousand PBXs sold to companies or the first least-cost mobile
calling through GSM gateways where a 2N product cuts the call cost per minute to CZK
2.50 from CZK 10. The achievements also include a door communicator for tens of
thousands of office buildings. Such success is remarkable. 2N was ranked as one of
the 100 Best Czech Companies in 1997 for the first time and exhibited its products
at the CeBit international trade fair in 2000, which exhibition was the first step
towards 2N\'s successful export programme. In 2005, 2N was honoured with the visit of
the President of the Czech Republic, Mr. Václav Klaus, and his wife during their
excursion through Prague 12.

The 2N brand gains ground throughout Europe and the rest of the world, especially
due to successful least-cost GSM applications, i.e. products that were placed on the
Czech market as early as 1997. The present export programme was initiated by the
first participation of 2N in the CeBIT trade fair in Hannover in 2000, where 2N
introduced a number of projects to experts from all the world.
The participation in the trade fair was a step in the right direction. Petr
Černousek, who has determined 2N\'s export strategy from the very beginning,
comments on this: \"In addition to language problems, we had to cope with a new
approach to solving requirements and problems. Our readiness to meet clients\' needs
and respond promptly to innovations brought 2N not only the first export jobs but
also long-time partners in many European countries\".
Once the product line had been stabilised, new interesting markets were addressed,
including North and South America and Australia. Meanwhile, the 2N developers
brought the 2N telecommunication equipment to the top and, besides winning tenders
of providers and state organisations, 2N won prestigious awards at international
trade fairs, e.g. at CommsChannelExpo, England, and in Italy. At present, 2N
projects further expansion to foreign markets. 2N focuses not only on exports but
also on innovations for Czech clients and, together with such foreign giants as
Alcatel and Siemens, is one of the leading suppliers of telecommunication systems in
the Czech Republic. In this respect, the company aspires at further growth - since
Petr Černousek was appointed Sales Director in January 2005, the annual home
sales have grown by another 8%.
In addition to extending its world map and having enthusiasm for success, 2N is able
to offer experience and capacity to enforce solutions. Moreover, we maintain and
promote development of own products, especially PBX and GSM technologies. With the
return on investment in mind, 2N intends to triple its annual turnover within three
years in order to achieve the annual sales of 1 billion.



Web Site = http://www.2n.cz

Contact Details = nicole@2n.cz

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