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Technology Stocks : Siemens
SI 14.37+0.5%Jan 2 9:30 AM EST

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To: elmatador who started this subject5/21/2001 8:55:13 AM
From: elmatador   of 356
 
Siemens signs UMTS framework contract with Telia Mobile - key position in 3G for the Nordic market

Stockholm/Oslo/Munich

The leading Nordic telecommunication operator Telia Mobile AB, has signed a UMTS framework contract with the Siemens Information and Communication Mobile Group (IC Mobile) covering 3G infrastructure for Norway and Finland with an option for Denmark, which Siemens IC Mobile has been NetCom's strategic partner and main supplier of GSM infrastructure and technology for its mobile network since 1992. NetCom ASA is aiming to open its UMTS network in Norway in December 2001. A fast rollout and wide population coverage are part of the license conditions.

"Siemens is in an ideal position to tackle the third-generation mobile radio market and is taking the lead in integrating voice and data", says Rudi Lamprecht, Member of the Managing Board at Siemens AG. "This framework contract with Telia Mobile gives us an excellent position for the important Nordic 3G market."

With 45 UMTS license holders in Western Europe having already selected their network providers, Siemens IC Mobile holds one of the top spots with 17 agreements currently in place.

Siemens' competence in UMTS:
As early as 1992, at the same time that GSM was launched on the market, Siemens IC Mobile began to research, design and develop UMTS, and today employs some 4,000 engineers in this segment. Together with its cooperation partner NEC, Siemens IC Mobile is supplying the first UMTS networks in Europe. They will go live in the summer of 2001 on the Isle of Man and in Monaco.
Siemens and NEC are the only companies cooperating worldwide who can offer both UMTS radio technologies: FDD (Frequency Division Duplex) for long-distance coverage and symmetrical broadband applications, such as mobile video telephony as well as TDD (Time Division Duplex) for asymmetrical applications such as internet services in densely populated areas. These services are becoming increasingly important in highly developed telecommunication markets. TDD guarantees the best possible use of the available radio frequencies and thus ensures optimum transmission rates.
You can access this press release on the internet at: siemens.com
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