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Technology Stocks : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?

To: P2V who wrote (3718)	9/28/1999 4:51:00 AM
From: Mika Kukkanen	Read Replies (2) \| Respond to of 5390

Ericsson expands GSM mobile system in Poland -------------------------------------------------------------------------------- Date: Tuesday, September 28 1999 Ericsson has signed a contract with operator Polska Telefonia Cyfrowa (PTC) for expansion of their GSM network in Poland. The contract is valued at more than USD 80 million (SEK 660 million). Ericsson will deliver base stations, base station controllers, MINI-LINK microwave transport solutions and services as well as mobile switching centers and home location registers (HLR). When fully implemented during first quarter of 2000, total network capacity will be increased to more than 2 million GSM users. With this expansion, Ericsson will support the rapid growth demands on the network and PTC's services - brand named EraGSM. This contract, together with previously announced contracts for GSM expansion and Synchronous Digital Hierarchy (SDH) transport networks, brings the total value of a 1996 frame agreement with PTC to more than USD 270 million (SEK 2,200 million). "The continued development of the business relationship represented by this contract is very satisfying," says Jan Sjöberg, Vice President and General Manager, Ericsson Poland. "The contract will enable PTC to rapidly expand their capacity and meet the public demand for new services in their network." GSM is the world's most widely deployed wireless communications standard. Ericsson is the global market leader in GSM, with close to half of the world's 200 million GSM subscribers connected by Ericsson systems. More than 125 operators in 70 countries around the world rely on GSM systems from Ericsson. 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. FOR FURTHER INFORMATION, PLEASE CONTACT Johan Wiklund, Ericsson Corporate Communications Phone: +46 70 560 0134 E-mail: Johan.Wiklund@lme.ericsson.se Jan Sjöberg, Vice President and General Manager, Ericsson Sp., Poland Phone: +48 602 200 513 E-mail: Jan.Sjoberg@epo.ericsson.se --------------------------------------------------------------------------------