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Technology Stocks : Ericsson overlook?
ERIC 9.855-1.5%Nov 13 3:59 PM EST

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To: Mika Kukkanen who wrote (2508)1/11/1999 10:19:00 AM
From: P2V  Read Replies (2) of 5390
 
Another One, Mika ! **Beat him to the punch this time :-) **
Ericsson signs major TDMA contract with CTC Startel in Chile

Ericsson has signed a contract with CTC-Startel, Chile's largest wireless
network operator, for expansions of their TDMA (IS-136) network. The contract,
valued at USD 35.5 million (SEK 276 million) is CTC-Startel's fifth expansion
order in the past 12 months for a total value of USD 114.2 million (SEK 890
million).

The contract is for the expansion of both capacity and coverage of the network
and is in response to the rapid subscriber growth experienced during 1998,
doubling the number of subscribers to over 500,000. With the introduction of
Calling Party Pays legislation in Chile, beginning this quarter, the high
subscriber growth is expected to continue. After the elimination of the double
tariffing system, requiring both the receivers and callers to pay, countries
have frequently experienced a very rapid subscriber growth and increased phone
usage.

The order includes the latest Ericsson dual-mode (analog/digital) RBS 884
radio base stations. The order also includes two new high-capacity Ericsson
MSC 2000 mobile switching centers, which are based on the new generation AXE
10 hardware platform. CTC-Startel became the world's first operator to
implement this new type of MSC in 1998.

There are approximately 90 million subscribers using TDMA/AMPS networks
worldwide. TDMA (IS-136) is commercially available as a dual-band (800/1900
MHz) and dual-mode (analog-digital) technology. Over 17 million subscribers
are already using TDMA (IS-136) digital services. TDMA (IS-136) already
delivers over 85% of the IMT-2000 functionality and is being further enhanced
to deliver all IMT-2000 capabilities in the existing 800 and 1900 MHz
frequency bands and in the new 2 GHz band.

Ericsson is the leading provider in the new telecoms world, with
communications solutions that combine telecom and datacom technologies with
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

Anders Jilkén, Director Marketing & Sales
Compañía Ericsson de Chile S.A.
Phone: +56 2 362 3373

Isabella Laihorinne Smedh, Press Officer
Ericsson Mobile Systems
Phone: +46 70 551 0369, +46 8 4045654
E-mail: isabella.laihorinne-smedh@era.ericsson.se

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