Looks like Ericsson also knows how to make CDMA-phones.
ERICSSON SIGNS CONTRACTS WITH GLOBALSTAR WORTH USD 204 MILLION
Ericsson OMC Ltd. has signed two contracts totalling USD 204 million
SEK 1,630 million) with US based company, Globalstar for the supply
of hand-held and stationary satellite phones. The contract values
are USD 120 million and USD 84 million respectively. These are the
first contracts for satellite phones that Ericsson has signed with a
global satellite operator.
The hand-held terminals can be used in two modes: satellite and GSM.
The satellite communication mode enables the terminal to be used
even in remote areas where there is little or no GSM coverage,
whereas the GSM mode can be used in areas of good reception. The
hand-held terminals are suitable for users who need to make and
receive calls at all times, no matter where in the world they are
located. They are ideal for people who are on the move and who are
likely to travel to remote places.
The stationary telephone terminals are suitable for remote areas
where previously telecom operators have not installed a mobile or
wired system due to the large investment required. The terminal, for
example, could be situated in a small remote village in a phone
booth for the villagers' use. It also interfaces to ordinary
telephones, pay-phones, data ports and fax machines.
Globalstar is a satellite-based, wireless telecommunications system
designed to provide voice, data, fax and other telecommunications
services to users worldwide. It will sell access to a worldwide
network of regional and local service providers, including strategic
partners. Globalstar anticipates having the system working by
mid-1999.
Additional information about Ericsson and its products can be found
on the World Wide Web at ericsson.com
Additional information about Globalstar and its products can be
found on the World Wide Web at globalstar.com
FOR FURTHER INFORMATION, PLEASE CONTACT
Kathy Egan, Vice President, Communications, Ericsson Inc.
Tel. +1 212 685 4030
Per Bengtsson, Vice President, Investor Relations,
Ericsson Inc.
Tel. +1 212 685 4030
/R |
