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Technology Stocks : Ericsson overlook?
ERIC 9.395+1.1%Nov 21 3:59 PM EST

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To: Mika Kukkanen who wrote (3108)4/12/1999 7:08:00 AM
From: Mika Kukkanen  Read Replies (2) of 5390
 
Siemens, Omnipoint enter infrastructure deal

From RCR:
rcrnews.com

BOCA RATON, Fla.—Siemens Information and Communication Networks Inc. and Omnipoint Communications signed a $200 million deal under which Siemens will supply Global System for Mobile communications infrastructure to Omnipoint for the expansion of Omnipoint's personal communications services network in New York, said the companies.

Omnipoint will install Siemens' D1900 GSM Mobile System which
includes high-capacity switches, base stations and Siemens' Intelligent Network product, INXpress.

My comments: To me, this cam out of the blue. I am very surprised, but may show that Siemens have finally responded with a decent product -something they have seriously lacked of late in the mobile arena and in the US as well!!
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