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Tadiran provides US$3 million IP telephony network to Vietnamese BIDV bank

IP networking solutions from Tadiran Telecom have been chosen by the Bank of Investment and Development of Vietnam (BIDV) to provide an IP telephony network of 60 systems and sites throughout Vietnam. The project is valued at over US$3 million.

The network will allow all the Bank's branches throughout Vietnam to communicate toll-free, utilising VoIP telephony and IP telephones. Moreover, the network architecture resembles a private network, so that every phone has a four-digit number within the network, enabling seamless communication between branches.

Tadiran Telecom's IP flexibility allows it to provide BIDV with a tailored communications solution while connecting the system to the Bank's back office infrastructure.

"Vietnam is one of the fastest growing ICT markets in the world. Vietnamese companies and institutions seek the cost-efficiency and flexibility provided by IP telephony networks and we are happy to oblige." said Zeev Aviv, VP of Sales and Marketing at Tadiran Telecom. "The contract with BIDV further strengthens our position in two of our strategically chosen markets: bank telephony networks and the emerging Vietnam ICT market."
 
* BIDV is one of Vietnam's largest state-owned commercial banks, with more than 100 branches, transaction offices, and subsidiary locations. BIDV was founded in 1957 and converted to a full commercial bank in 1995.

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