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To: T L Comiskey who wrote (10291)10/30/2000 11:30:45 AM
From: T L Comiskey  Respond to of 65232
 
Ruff News.....

Ericsson's IP Backbone Enables Mobile Internet for
Korea Telecom Freetel

-- Ericsson's Packet Backbone Network provides mobile data solution for premier Korean CDMA
operator --

STOCKHOLM, Sweden--(BUSINESS WIRE)--Oct. 30, 2000-- Ericsson (NASDAQ:ERICY - news), the leader in
end-to-end Mobile Internet solutions, today announced that CDMA operator Korea Telecom Freetel (KTF) has selected
Ericsson's Packet Backbone Network (PBN) as the IP backbone for KTF's new 2.5G mobile data network, which will be
deployed this year.

Ericsson's Packet Backbone Network will allow KTF, the world's fastest growing CDMA operator with 5 million subscribers,
to support the explosive growth in mobile IP services and subscribers as they migrate to this 2.5G network. Using Ericsson's
PBN, KTF will evolve from a mobile CDMA operator providing 2G mobile Internet services like Short Message Service
(SMS) to a mobile ISP providing comprehensive, extended services such as Virtual Private Networks (VPNs) and high-speed
mobile IP services. Ericsson's PBN will allow KTF to enter the mobile ISP market quickly and with carrier-class quality,
ensuring their success as a market leader.

In addition, Ericsson's Packet Backbone Network will provide KTF with a clear migration path from a 2.5G wireless network
(1XRTT and HDR) to a next generation 3G wireless network (3XRTT). These wireless technologies deliver operators greater
bandwidth, and enable them to deliver new and expanded services over multiservice networks. Ericsson's future-proof
migration strategy will ensure significant cost savings for KTF as well as its customers.

KTF will use Ericsson's widely deployed PBN platforms, the AXD 301 High-Performance ATM Switch and AXI 540 Edge
Aggregation Router. Together, the AXD 301 and AXI 540 will provide Quality of Service (QoS) and VPN services via
MultiProtocol Label Switching (MPLS) across the Packet Backbone Network. MPLS enables intelligent allocation of
bandwidth resources and prioritization of voice and data packets through traffic engineering. This will allow KTF to offer
customers a wide range of value-added services.

Mike Thurk, executive vice president of Ericsson's Data Backbone and Optical Networks division said, ``Ericsson has
unmatched expertise in end-to-end telecommunications for both fixed and wireless networks, which differentiates us from our
competitors. We understand operator and ISP needs for reliable IP networks, and are confident that our carrier-class Packet
Backbone Network will allow our first Korean customer, KTF, to become a leader in Mobile Internet services.''

Ericsson's Packet Backbone Network, formally announced in May 2000, is successfully deploying its IP/ATM backbone
solutions around the world for both wireless and wireline operators and ISPs - with customers such as BT, China Mobile,
Sonera Carrier Networks, Telekomunikacja Polska S.A., Telefonica, Cable & Wireless HKT, Diveo Broadband Networks
(formerly Diginet Americas, Inc.), KPN International, Telia Denmark and Etisalat of the United Arab Emirates.

Ericsson is the leading provider in Mobile Internet equipment, with communication 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.

Read more at ericsson.com

FOR FURTHER INFORMATION, PLEASE CONTACT

Paula Angel-Jones, Director of Public Relations Ericsson Data Backbone and Optical Networks division Phone: +1 781 505
6222; E-mail: paula.angel-jones@ericsson.com

Contact:

Ericsson Inc., Corporate Communications
Kathy Egan, Vice President
Phone: +1 212 685 4030
or
Ericsson Inc., Investor Relations
Gary Pinkham, Vice President



To: T L Comiskey who wrote (10291)10/30/2000 11:36:51 AM
From: edamo  Read Replies (1) | Respond to of 65232
 
tim...."negative comments"

remember earlier in the year when all the experts were calling for the immediate demise of "big tobacco"....

just look at mo now....

concern over capital expenditures is very myopic....more a traders mentality then an investment view....imagine that we have reached the peak of technology, hence a "no upside" conclusion....where do we go from here?

guess that is why the 30 something analysts get the big bucks....need more business models like amzn!

good luck, as always...ed a.