Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: gdichaz who wrote (27394)	7/7/2000 11:42:02 AM
From: BDR	Respond to of 54805

<< used your post only as a way to try to help others here see a little bit through some of the huge fog bank out there.>> As someone who is becalmed in that 3G fog bank, I won't pretend to make sense of the following release, but perhaps others could comment on the significance, if any. businesswire.com Ericsson selected as 3G supplier for Tele1 Europe in Sweden and Norway July 7, 2000 STOCKHOLM, Sweden--(BUSINESS WIRE)--July 6, 2000 via NewsEdge Corporation - Ericsson (NASDAQ:ERICY) has been selected as preferred 3G supplier for Tele1 Europe Holding AB. Ericsson will deliver a WCDMA system and services if Tele1 Europe is granted a license. Tele1 Europe is applying for a license for UMTS networks in Sweden and Norway and Ericsson will support Tele1 Europe in that process. This is the seventh 3G agreement awarded to Ericsson. Ericsson will as preferred supplier deliver and implement a 3G system, based on WCDMA, including services and mobile phones. Ericsson will actively be part of features and end-user service development for Tele1 Europe. Ericsson will also be the preferred supplier of the GSM expansion for Tele1 Europe in Sweden. "We are well positioned and Tele1 Europe will apply for a license for a third generation mobile system, UMTS, alone or together with other players," says Christer Palmgren, Director Mobile Services, Tele1 Europe. "We chose Ericsson because of their leading position in 3G and our well established relationship." Tele1 Europe is the first Scandinavian operator to select Ericsson's 3G WCDMA system. Based on WCDMA technology, Ericsson's 3G system to be supplied can also be referred to as UMTS, a European denomination for 3G. UMTS stands for Universal Mobile Telecommunications System. The license process in Sweden is awarding the operators based on coverage and the rate of development of the 3G systems and services. The National Post and Telecom Agency (PTS) of Sweden will make the list of awarded operators public in November. Norwegian Post and Telecommunications Authority (PT) will make the list of awarded operators public in October-November. Ericsson is ideally positioned to support any operator anywhere to migrate to 3G systems - regardless of technology heritage or technology choice. Ericsson will be offering 3G systems based on WCDMA, cdma2000, and EDGE - being the only supplier with a complete portfolio for second and third generation systems. Ericsson has been awarded seven 3G agreements in Japan, Finland, UK and now Norway and Sweden. Ericsson is the leading communications supplier, combining innovation in mobility and Internet in creating the new era of Mobile Internet. Ericsson provides total solutions covering everything from systems and applications to mobile phones and other communications tools. With more than 100,000 employees in 140 countries, Ericsson simplifies communications for customers all over the world. Read more at ericsson.com Ericsson's end-to-end 3G solutions Ericsson is leading the development of 3G mobile communications and the transition to 3G systems. Ericsson offers a smooth transition path from all 2G systems to 3G systems based on WCDMA, cdma2000 and EDGE. Ericsson is the only supplier with a full range of both second and third generation systems. WCDMA (Wideband Code Division Multiple Access) is one of the third generation radio interface technologies that is optimized for wideband radio access to support high-speed multimedia services such as video conferencing and Internet, as well as voice calls. WCDMA allows the wireless bandwidth to be tailored efficiently to the needs of each individual call, whether it is voice, data or multimedia. It can handle both packet and circuit switched services. Multiple calls of different types can be simultaneously made. About Tele1 Europe (NASDAQ: TEUR, Stockholm Stock Exchange: TEUR) Tele1 Europe is a fast-growing data and telecommunications operator with operations in Denmark, Finland, Norway and Sweden. The group's business concept is to offer broadband solutions for data, telephony and the Internet to large and medium-sized business and organizations in the Nordic countries. Tele1 Europe is currently the only Nordic data and telecommunications operator investing in local access networks with broadband capacity. This construction is taking place in the nine largest cities in the Nordic countries. The access networks, which are linked together with a long-distance network, will be Europe's fastest "motorway" for data and Internet traffic with an initial capacity for customers of up to one gigabyte. tele1europe.com CONTACT: Kathy Egan, Vice President \| Ericsson Inc., Corporate Communications \| Phone: +1 212 685 4030 \| or \| Gary Pinkham, Vice President \| Ericsson Inc., Investor Relations \| Phone: +1 212 685 4030