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

To: P2V who wrote (1561)	5/6/1998 11:56:00 AM
From: P2V	Read Replies (1) \| Respond to of 5390

ERICSSON SIGNS THE FIRST GSM CONTRACT IN ETHIOPIA Ericsson has been awarded a contract by Ethiopian Telecommunications Corporation covering turnkey solutions for the GSM network in Ethiopia. The contract marks the first mobile network in the country and it will serve initially 36,000 subscribers in the Addis Ababa area. "It all started with Ericsson that came to Ethiopia already in 1894," says Minister of Transport and Communications H.E. Dr. Abdul Majeed Hussein. The contract includes GSM Switching System and Base Station System and micro wave transmission equipment as well as related services. The network will be implemented by Ericsson and it will be in service by the end of 1998. Ericsson began it's African operations in Ethiopia more than 100 years ago. Today the company has 370,000 AXE lines contracted in Ethiopia. Ericsson has now delivered GSM networks to Ethiopia, South Africa, Botswana, Zimbabwe, Morocco, Madagascar, Libya and Ghana offering GSM subscribers worldwide international roaming possibilities to and from the African continent. GSM is the world's most widely deployed digital wireless communications standard. Ericsson is the market leader in GSM worldwide, with almost half the world's 80 million GSM subscribers connected by Ericsson systems. More than 110 network operators in some 60 countries around the world rely on Ericsson's GSM systems. Ericsson's 100,000 employees are active in more than 130 countries. Their combined expertise in fixed and mobile networks, mobile phones and infocom system makes Ericsson a world-leading supplier in telecommunication. FOR FURTHER INFORMATION, PLEASE CONTACT Lars Nilsson, General Manager, Ericsson Branch Office Ethiopia Tel. +251 151 6665 Fax. +251 151 6190 Dan Ekman, Director Africa, Corporate Markets Tel. +46 8 719 2238, +46 70 595 9487 Caroline Freudenthal, Press Relations, Ericsson Business Area Mobile Systems Tel. +46 8 404 4552, +46 70 325 4552