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

To: P2V who wrote (1923)	8/17/1998 4:56:00 PM
From: P2V	Respond to of 5390

Ericsson supplies D-AMPS IS-136 digital mobile phone networks to six more regions in Russia Vostok Mobile together with Russian partners, has decided to launch D-AMPS IS- 136 networks in six regions of Russia. The networks, to be supplied by Ericsson, will be in operation in Bashkortostan, Bryansk, Novgorod, Kostroma, Yaroslavl and Ivanovo by early 1999. The deployment in Eastern Europe of digital mobile phone services based on the D-AMPS IS-136 standard is set to grow significantly, following this decision. The networks supplied by Ericsson will give users the very latest digital wireless services including data and fax transmission, short message services (wireless paging) and PrePaid services. These six regions together cover an area of 350 thousand square kilometres, with a combined population of approximately 10.5 million people. The regions both have manufacturing as well as oil and chemical industries. "The Ericsson D-AMPS IS-136 networks will be based on the latest generation of mobile switching centers (MSC 150/300), together with radio base stations from the RBS 884 family. The networks will initially support 11 thousand subscribers," said Eric Franke, Vice-President Ericsson Corporatia AO. "Ericsson and Vostok Mobile have entered into a strategic partnership that will bring modern wireless communication services based on the D-AMPS IS-136 standard to these six regions of Russia. Network rollout will be rapid, with commercial service launch at the start of 1999. And we are already looking beyond the first frame agreement to continued growth of these networks in 1999 and through the millennium," Eric Franke continues. Wireless services based on the D-AMPS IS-136 standard have been in service in Russia since 1997, when the D-AMPS/AMPS network operating in Moscow and the surrounding areas region has been converted to IS-136 technology. Today there are almost 250,000 D-AMPS/AMPS subscribers in Russia. Neighboring countries have also adopted the D-AMPS standard to provide seamless roaming for users. There are over 90 million subscribers using D-AMPS/AMPS networks worldwide. D- AMPS was the first technology to be commercially available as a dual-band (800/1900 MHz) and dual-mode (analog/digital) technology. Almost 14 million subscribers are already using D-AMPS digital services. 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 Dominique Jodoin, Vice President Sales & Market Operations Ericsson Radio Systems, Cellular Systems - American Standards Phone: +46 8 757 2311 Eric Franke, Vice-president Ericsson Corporatia AO Phone: +7 95 247 62 11 Eric ™sterberg, Communications Director Ericsson Business Area Mobile Systems Phone: +69 8 757 2159

To: P2V who wrote (1923)	8/17/1998 4:58:00 PM
From: P2V	Respond to of 5390

Ericsson signs contract for the expansion of BT's FLEX@ Ericsson and British Telecom (BT) have signed a contract for the expansion of BT's FLEX@ high speed messaging network and the upgrade from 3,200 bit/s to 6,400 bit/s FLEX@. This is the third expansion order signed between BT and Ericsson and the planned network will be the largest in Europe. Altogether, Ericsson has installed more than 500 base stations including more than 2,000 COMPACT 9000@ transmitters in the BT network. The latest order includes more than 100 new base stations including two or four COMPACT 9000@ IV transmitters each and the relocation of more than fifty of the existing base stations. Existing base stations already transmit FLEX@ at 3,200 bit/s mixed with POCSAG on two of the existing four channels. The new network upgrade gives BT migration route to FLEX 6,400 bit/s mixed with POCSAG on those two channels. Due to stringent requirements for tighter specification on radio network planning for FLEX 6400 bit/s, the new network will require additional sites and resitting some of the existing sites together with reconfiguration of some of the existing base station aerials. With mirrored central sites and dual redundant satellite uplinks, together with a Teleport connection, Ericsson has designed BT's distribution network to cope with all disaster recovery scenarios. The standby site is able to automatically take over in the event of an emergency at the main paging center. BT has also implemented Ericsson's Zone Backup Control system, which offers the availability to restore satellite data on an individual, zonal or network wide basis - resulting in extremely high network availability. In the new contract BT will be carrying out the radio planning for the network. Ericsson will have responsibility to provide turnkey solution involving new sites acquisitions, existing sites relocation, existing aerials reconfiguration, installation of new aerials and satellite dishes and two channel base stations. Ericsson is also responsible for the overall program management. 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 Hans Grimlund,Regional Manager EMEA Marketing and Sales, Ericsson Radio Messaging AB, Sweden Phone: +46 8 7575934, Email: hans.grimlund@erm.ericsson.se Farid Dastyar,Account Executive for wide area paging, Ericsson Ltd., United Kingdom Phone: +44-1444-234184, Email: farid.dastyar@ericsson.com Petra Lundmark, Product Marketing Manager Ericsson Radio Messaging Phone: +46 8 404 2812, or +46 70 554 2512 COMPACT 9000@ is a trademark owned by Telefonaktiebolaget L M Ericsson, Sweden. FLEX@ is a trademark registered by Motorola Inc.

To: P2V who wrote (1923)	8/17/1998 4:59:00 PM
From: P2V	Read Replies (2) \| Respond to of 5390

Ericsson launches tender offer to buy preferred shares in Brazilian subsidiary Ericsson has today launched a tender offer to acquire the preferred shares (non-voting rights) of its listed subsidiary Ericsson S.A. in Brazil. The offer is made through the wholly owned Ericsson subsidiary Sielte S.A. in Brazil. Ericsson at present owns 95% of the voting shares and 51% of the total shares in Ericsson S.A. If the bid is accepted by all preferred shareholders, Ericsson's share of Ericsson S.A.'s capital, will increase to about 99%. The Brazilian telecom market is characterized by high growth and price pressure due to the lively competition among international telecom suppliers and operators, something, which has increased during the ongoing liberalization of the market. The background to the offer is to give Ericsson S.A. a competitive position to act fast and with flexibility within a global and seamless Ericsson organization on the growing globalized market. Ericsson S.A. will remain listed in Brazil. The tender offer carries a fixed price of R$ 37.11 per thousand shares. This price was set representing a premium of 55% over the last closing price of R$ 23.90 and a 53% premium over the average price of the last 90 days. The total number of outstanding preferred shares is 20.2 billion. The total offer amounts to 749 MR$ equivalent to approximately 640 MUSD. Shareholders willing to accept the offer should tender their shares at the Sao Paulo Stock Exchange on September 2, 1998. The offer will remain open until September 16, 1998. JP Morgan is advising Ericsson in this transaction. Ericsson has been operating in Brazil for more than 100 years. Net sales in 1997 was 1.25 BUSD. Ericsson has more than 2,200 employees and a good market position in both the fixed and mobile systems area. 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 Pia Gideon, Manager, External Relations Phone: +46 8 719 2864 or +46 70 519 2864 E-mail: pia.gideon@lme.ericsson.se Johan Fant, Senior Vice President, Corporate Financial Control Phone: +46 8 719 3707 or +46 70 540 4011 E-mail: johan.fant@lme.ericsson.se