Thursday July 27, 8:20 am Eastern Time
Company Press Release
Ericsson and PEGASO sign contract valued at more than USD 200 million for CDMA network expansion in Mexico
STOCKHOLM, Sweden--(BUSINESS WIRE)--July 27, 2000--Ericsson (NASDAQ:ERICY - news) has been awarded a contract valued at more than USD 200 million by PEGASO for CDMA equipment and services to expand the network in Mexico.
Ericsson, demonstrating its position as the world's leading supplier of wireless infrastructure, will deliver CDMA equipment and services to further PEGASO's build-out of a nation-wide, all-digital PCS network. The expansion, which extends coverage outside Mexico City, Tijuana, Monterrey and Guadalajara, will bring the high quality voice and data service offerings of PEGASO to an increased portion of the Mexican market.
``Ericsson is committed to supporting PEGASO's continued growth, in terms of network capacity, footprint and the introduction of wireless data services,'' said Ake Persson, head of Ericsson's CDMA Systems business unit. ``The equipment we are supplying comes with a clear migration path to cdma2000, allowing PEGASO to take advantage of our premier 3G offering in the near future.''
``As we continue to expand our network and bring advanced services such as mobile Internet to customers throughout Mexico, it is important for us to partner with leading vendors like Ericsson. We believe their CDMA solution will provide us with state-of-the-art technology that will allow us to quickly and cost-effectively upgrade to cdma2000,'' said Michael Robinson, Chief Operating Officer of PEGASO.
The contract includes Ericsson's leading 1106 and 1107 Compact Radio Base Stations, CMS 11 AXE switches, JAMBALA(TM) based HLR, a billing mediation platform, network management products and a full portfolio of services. Deployment is set to begin immediately with plans for initial commercial operation by December of this year throughout the four regions.
Brian H. |
