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

To: P2V who wrote (1616)	5/19/1998 11:17:00 PM
From: P2V	Read Replies (2) \| Respond to of 5390

ERICSSON DELIVERS ITS FIRST MOBILE SYSTEM TO WUHAN 207.95.154.130 'Twas a Good Day Ericsson has been awarded a USD 78 million (SEK 600 million) contract by Wuhan Posts & Telecommunications Bureau to deliver a GSM network to Wuhan, the capital of the Hubei province. This marks Ericsson's first venture into mobile communications in this Chinese province. "The awarding of this strategic project to Ericsson is extremely important as the digital network in Wuhan by the end of this project will be solely provided by Ericsson," says Nael Salah, Executive Vice President of Ericsson China and General Manager of Region Central & East. "As this also is Ericsson's first mobile system project in Hubei, it's a real breakthrough," Mr. Salah continues. "Hubei is the largest potential area in central China, and with this contract we've extended our co-operation with Hubei Posts & Telecommunications Administration to include mobile systems." The project, set for completion by February 1999, includes the delivery of Gateway Mobile Switching Centers, Mobile Switching Centers, Base Station Controllers, radio base stations and other services. 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. China is Ericsson's largest market. Ericsson China has more than 3,500 employees in 22 offices and 8 joint ventures providing the full range of telecommunications solutions and products. Ericsson's 100,000 employees are active in more than 130 countries. Their combined expertise in fixed and mobile networks, mobile phones and infocom systems makes Ericsson a world-leading supplier in telecommunications. FOR FURTHER INFORMATION PLEASE CONTACT Nael Salah, Executive Vice President, Ericsson (China) Co. Ltd. General Manager, Region Central & East Tel. +86 21 6375 3399 Phoebe Lee, Communications Officer, Ericsson (China) Co. Ltd., Region Central & East Tel. +86 21 6375 3399 Jan P Moen, Director Business Management & Operations China, Hong Kong & Macao, Ericsson Radio Systems AB cau Tel. +46 8 585 30742, Mobile +46 70 656 1889 Caroline Freudenthal, Press Relations, Ericsson Business Area Mobile Systems Tel. +46 8 404 4552, +46 70 325 4552 ---------------------------------------------------------------- CHANGES TO YOUR SUBSCRIPTION? Cancel your subscription, or have this newsletter delivered to a different E-mail address? If so, just point your web browser at ericsson.se for more details.