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

To: P2V who wrote (3076)	3/29/1999 10:53:00 PM
From: Sawtooth	Respond to of 5390

Tero's perspective on the Qcom - Ericy deal: debry.com

To: P2V who wrote (3076)	3/30/1999 4:16:00 PM
From: P2V	Respond to of 5390

Ericy AXE *Transgate 3 Switches in the News *Ericsson and Global One Turn on the Switch for International Voice Traffic from Canada MONTREAL--(BUSINESS WIRE)--March 30, 1999--(NASDAQ:ERICY - news) Ericsson Communications Inc. and Global One today announced the inauguration of a new international voice traffic switch in Canada. Global One, an international joint venture of Deutsche Telekom, France Telecom and Sprint, is now offering international voice services over a high-performance Ericsson AXE-10 switch. Ericsson and Global One are opening a new International Gateway switch in Toronto for voice traffic. The Ericsson AXE Transgate switch will allow direct access to the Global One's international backbone network providing the Canadian market with state-of-the- art services at international competitive prices. ''We are delighted to announce this deal, which allows us to expand our international voice and data offerings to Canadian carriers and businesses,'' said Karl Weiss, Global One country manager in Canada. ''We believe that Canadian users will benefit greatly from the new competitive market here and by teaming up with Ericsson we got in at an early stage and with a great product. Global One will be rolling out a series of advanced voice and data services in 1999,'' he concluded. AXE Transgate 3 is a combined Transit and International Gateway switch. It's the most powerful transit node introduced by Ericsson to date and manages calls between countries with differing domestic phone technologies. The Ericsson Transgate switch can be configured to meet any application or billing solution desired. Ericsson's Intelligent Network solutions allow operators to offer a broad array of competitively priced enhanced services, including calling cards for travelers, universal messaging, single number service, prepaid card services and high value international long distance. ''We are very please to have been chosen as a supplier to Global One in Canada,'' said Johan Lindskog, General Manager, Public Operators, Ericsson Communications Inc. ''The deregulation of the telecom market opens new and prosperous opportunities for operators in Canada to expand their business. We are delighted to serve this market with competitive products and innovative solutions both for Voice and Data services.'' Ericsson Communications Inc., a subsidiary of LM Ericsson, Sweden, serves the Canadian market by providing complete communication solutions including Wireless Systems & Solutions, Mobile Phones, IP and Data Systems & Solutions, and Consulting Services. In addition, its R&D Centre in Montreal has the worldwide mandate for software development for the global wireless standard TDMA and is Canada's seventh largest R&D investor. Ericsson employs more than 1,500 people and has offices in Montreal, Mississauga, Vancouver, Ottawa, Calgary, Fort McMurray and Waterloo. For more information about Ericsson Canada, visit ericsson.com Ericsson is the leading provider in the new telecoms world, with communications solutions that combine telecom and datacom technologies with the 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. Please visit Ericsson's Press Room at: ericsson.se Contact: Ericsson Communications Inc., Montreal Bill Gajda, 905/629-6828 or Global One Karl Weiss, 416/601-5154