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

To: P2V who wrote (1660)	5/27/1998 8:08:00 AM
From: P2V	Read Replies (1) \| Respond to of 5390

ERICSSON AND TELECEL SIGN AGREEMENT FOR DUAL BAND GSM 900/1800 AND INTELLIGENT NETWORK DELIVERIES IN PORTUGAL Ericsson and Telecel, the first private GSM operator in Portugal, have signed a two-year agreement under which Ericsson will deliver a GSM 900/1800 dual band solution for the extension of the existing Telecel GSM 900 network. The new dual band network will be taken into operation during 1998. The expanded network will offer Enhanced Full Rate (EFR)speech coding for crystal-clear, near fixed-line voice quality. With this agreement Telecel will significantly increase its network capacity as well as offer the best possible speech quality. The agreement also contemplates adding new intelligent functionality in the Telecel Network. The value of the expansion of the dual band network and new intelligent functionality is around USD 40 million. Ericsson has enjoyed a strong GSM presence in Portugal since 1992, the year Ericsson and Telecel began their collaboration. Today, GSM penetration in Portugal is over 18 percent and Telecel has over 850,000 customers. "This agreement is the confirmation of the continuation of our very successful relationship into the next millennium," said Peter K„llberg, President of Ericsson Telecomunicacoes. Antonio Carrapatoso, President of Telecel, Comunicacoes Pessoais, S.A. said, "This agreement will help Telecel to continue to differentiate in the market by its superior network coverage, quality and innovation in providing leading edge products and services to Telecel customers." Ericsson is the clear market leader in integrated dual band GSM 900/1800 solutions, with 16 dual band networks currently in operation or being readied in Asia and Europe. Ericsson has led the field in implementing EFR speech quality, with the first enhanced voice quality systems in all GSM frequency bands. GSM is the world's most widely deployed digital wireless communications standard. Ericsson is the market leader in GSM worldwide, with almost half of the world's 80 million subscribers connected by Ericsson systems. More than 110 network operators in some 60 countries around the world rely on 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 systems makes Ericsson a world-leading supplier in telecommunications. FOR FURTHER INFORMATION, PLEASE CONTACT Peter K„llberg, President, Ericsson Telecomunicacoes, Lda. Tel. +351 1 446 60 00 Caroline Freudenthal, Press Relations Manager, Ericsson Business Area Mobile Systems Tel. +46 8 404 4552 or +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.