ERICSSON SIGNS LARGEST CONTRACT IN CHINA TO DATE
Ericsson has signed a contract with Guangdong Mobile Communications Corporation (GMCC) for expansion of their GSM 900 network. The contract, valued at USD 369 million (SEK 2,950 million), is the largest contract Ericsson has signed in China to date.
The contract is also the first major network expansion for GMCC since it became a fully owned subsidiary of China Telecom (Hong Kong) Ltd. last year. The expansion will be implemented during the first half of 1998.
Equipment and services to be supplied under the contract will allow GMCC to increase its network subscriber capacity to over 4 million subscribers, while increasing subscriber satisfaction even further with better network coverage and quality.
"This contract not only continues GMCC's status as China's largest mobile operator, but also includes a number of network enhancements designed to assist GMCC in using the available frequency spectrum more efficiently and deriving more revenue from its investment," says John Gilbertson, President of Ericsson (China) Company Ltd. "We are proud that GMCC has again shown confidence in Ericsson as its strategic business partner."
Ericsson is the sole supplier of digital GSM and analog TACS mobile network infrastructure to GMCC. The relationship with GMCC began in 1987, with the first contract for TACS network equipment. GMCC currently has over 2.5 million subscribers in its analog and digital networks.
Ericsson China has more than 3,000 employees in 19 offices and 8 joint ventures providing a full range of communications solutions and services.
GSM is the world's most widely deployed digital wireless communications standard. Ericsson is the market leader in GSM worldwide. Almost half the world's 65 million GSM subscribers are connected by Ericsson systems. Ericsson helped pioneer the GSM standard and was first to market with GSM in both the 1800 MHz and 1900 MHz bands and continues its commanding lead by implementing innovative new GSM features such as frequency hopping, Enhanced Full Rate voice quality, and high-speed datacom services. |