Ericsson, Verizon Wireless Reach Agreement for CDMA Handsets
STOCKHOLM, Sweden--(BUSINESS WIRE)--Aug. 6, 2001--Ericsson (NASDAQ:ERICY) and Verizon Wireless have reached agreement to sell products, including the Ericsson A1228c handset, in the United States through Verizon Wireless direct and indirect channels coast to coast.
Furthermore, the two companies are conducting trials with Ericsson handsets using CDMA2000 1XRTT (1X) technology with mobile data transmission speeds of up to 144 Kbps.
The A1228c is a feature-packed mobile phone that allows fast and easy access to the wireless Web, e-mail, and a host of mobile information and communication services. The phone operates in the 800 MHz band on CDMA digital networks and analog networks ensuring extensive coverage for voice communications.
"This deal solidifies Ericsson's position as a leading supplier of CDMA solutions, and we look forward to the beginning of a strong, long-term relationship with Verizon Wireless," said Harri Koponen, Vice President and General Manager, Consumer Products/North America, Ericsson. "This agreement also underlines our continued dedication to providing handsets to our customers as part of a complete, end-to-end, mobile solution."
Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.
Read more at www.ericsson.com/press
About Verizon Wireless
Verizon Wireless is the largest wireless communications provider in the U.S. with more than 27 million wireless voice and data customers. The coast-to-coast wireless provider was formed by the combination of the U.S. wireless businesses of Verizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD), including Bell Atlantic Mobile, AirTouch Cellular, GTE Wireless and PrimeCo Personal Communications. Verizon Wireless has a footprint covering more than 90 percent of the U.S. population, 49 of the top 50 and 96 of the top 100 U.S. markets. The company, headquartered in Bedminster, NJ, is 40,000 employees strong. Reporters and editors can find more information about the company on the Web at verizonwireless.com.
CONTACT:
Ericsson
Kathy Egan
Gary Pinkham
212/685-4030
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