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Technology Stocks : Ericsson overlook?
ERIC 9.520-0.9%3:59 PM EST

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To: P2V who wrote (2151)10/21/1998 12:53:00 PM
From: P2V   of 5390
 
Ericsson lands another D-AMPS order in Brazil

Ericsson has signed a major contract with Telet S.A. of Brazil for the
construction of a D-AMPS IS-136 (TDMA) digital wireless network covering the
State of Rio Grande do Sul. The contract is valued at USD 140 million (SEK
1,090 million) over a three year period.

Ericsson now has a 50% share of the B-Band new wireless operators' market in
Brazil. This current order covers Area 6 of the B-Band license areas. Eight
out of nine network operators in the B-Band areas, that have awarded
contracts, have selected to use the TDMA technology to provide the latest
digital services available.

Telet plans to begin commercial service in the city of Porto Alegre in January
1999. Telet S.A. is a consortium formed by Telesystem International Wireless
and Bell Canada International, both Canada based companies, plus Citybank
International, and a group of 11 large Brazilian pension funds and financial
institutions.

There are nearly 90 million subscribers using D-AMPS/AMPS networks worldwide.
D-AMPS was the first technology to be commercially available as a dual-band
(800/1900 MHz) and dual-mode (analog/digital) technology. Nearly 16 million
subscribers are already using D-AMPS digital services.

Ericsson is the leading provider in the new telecoms world, with
communications solutions that combine telecom and datacom technologies with
the freedom of mobility for the user. With more than 100,000 employees in 140
countries, Ericsson simplifies communications for its customers - network
operators, service providers, enterprises and consumers - the world over.

Please visit Ericsson's Press Room at: ericsson.se

FOR FURTHER INFORMATION, PLEASE CONTACT

Dominique Jodoin, Vice President Sales & Market Operations
Ericsson Radio Systems, Cellular Systems - American Standards
Phone: +46 8 757 2311

Draja Mihajlovic, Director Marketing and Sales
Ericsson Telecomunicacoes S.A.
Phone: +55 11 6281 11 85

Johan Wiklund, Press Relations Manager,
Ericsson Business Area Mobile Systems
Phone: +46 70 560 0134; E-mail: johan.wiklund@era.ericsson.se

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