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Technology Stocks : Ericsson overlook?
ERIC 9.600+0.5%Nov 28 9:30 AM EST

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To: Mika Kukkanen who wrote (2240)11/11/1998 5:27:00 AM
From: Mika Kukkanen   of 5390
 
Ericsson signs D-AMPS IS-136 contract in Brazil

Ericsson has signed a contract with MAXITEL of Brazil for the turn-key construction of a D-AMPS IS-136 (TDMA) digital wireless network covering the State of Minas Gerais. The contract is valued at USD 150 million (SEK 1,170 million) over a two year period. MAXITEL plans to begin commercial service in December 1998.

Ericsson now has a market share of more than 50% of the new wireless operators' B-Band market in Brazil. This contract with MAXITEL covers Area 4 of the B-Band license areas. Nine of the B-Band areas that have awarded contracts have selected D-AMPS IS-136 (TDMA) technology to provide the latest digital services available.

MAXITEL is a consortium formed by Telecom Italia Mobile from Italy, Globopar, Bradesco and Vicunha from Brazil.

There are nearly 90 million subscribers using D-AMPS/AMPS networks worldwide. D-AMPS was the first technology to be commercially available as a dual-band (800/1900 MHz) and dual-mode (analog/digital) technology. Nearly 16 million subscribers are already using D-AMPS digital services.

Ericsson is the leading provider in the new telecoms world, with communications solutions that combine telecom and datacom technologies with the freedom of mobility for the user. With more than 100,000 employees in 140 countries, Ericsson simplifies communications for its customers - network operators, service providers, enterprises and consumers - the world over.

Please visit Ericsson's Press Room at: ericsson.se

FOR FURTHER INFORMATION, PLEASE CONTACT

Dominique Jodoin, Vice President Sales & Market Operations Ericsson Radio Systems, Cellular Systems - American Standards Phone: +46 8 757 2311

Draja Mihajlovic, Director Marketing and Sales Ericsson Telecomunicaçoes S.A.
Phone: +55 11 6281 1185

Johan Wiklund, Press Relations Manager, Ericsson Mobile Systems Phone: +46 70 560 0134; E-mail: johan.wiklund@era.ericsson.se

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