`We Are Just Beginning to Experience the Benefits of Mobility,' says Ericsson's President and CEO at CommunicAsia.Business Editors CommunicAsia 2004 STOCKHOLM, Sweden--(BUSINESS WIRE)--June 15, 2004 "We are just beginning to experience the benefits of mobility," says Ericsson's (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ERICY) President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. at CommunicAsia At today's media briefing at CommunicAsia in Singapore, Carl-Henric Svanberg Carl-Henric Svanberg (born May 29, 1952, Porjus, Norrbottens län) is a Swedish businessman who is the current CEO of telecommunications company Ericsson. Born in the north of Sweden, Svanberg studied in the south and graduated with a Masters degree in Applied Physics and , President and CEO of Ericsson, the world's leading telecom supplier, spoke about Asia's important role in the development of communications trends, services and applications for the benefit of consumers worldwide. "We regard Asia Pacific as the world's greenhouse for mobile communications," said Carl-Henric Svanberg at CommunicAsia. "Asia is a very exciting region with one of the world's lowest mobile penetrations as well as the world's most advanced mobile users." "With Ericsson Expander we can offer operators a solution for meeting consumer demands in new growth markets. With our leading position in new services and 3G roll out we support our customers in introducing advanced mobile services. We have done business in Asia for 120 years and we are looking forward to continue to bring mobile communications to this region." "Convergence of fixed and mobile networks will radically change communications behavior. We have a very strong position in the converegence area with deep knowledge and a broad portfolio in the mobile as well as the fixed area. Converged networks allow consumers to be always best connected." "We see a growing interest by operators toward our managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality offering, the most comprehensive in the industry. Managed services are a means to more efficient network operations and for more effective hosting of platforms, applications and content management." With Ericsson's hosting offering, operators can deliver services to the market quickly, simply and most cost efficiently. The high interest for hosting is confirmed by the four hosting contracts announced by Ericsson today in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Chile and Hungary. Ericsson has the leading role in the ongoing 3G roll out. Ericsson is also strengthening its CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. market position, and by providing a common 3G platform for WCDMA (Wideband CDMA) A 3G high-speed digital data service provided by cellular carriers that use the TDMA or GSM technology worldwide, including AT&T (formerly Cingular) and T-Mobile in the U.S. and CDMA, Ericsson gains economies of scale, not available to any other 3G vendor. With 3G, new services and applications are becoming a reality. Evolved 3G, so called HSDPA (High Speed Downlink Packet Access) See HSPA. , which is quickly moving to the top of many operators' agenda, will enhance this development. With HSDPA high speed downloading will be possible. This opens up for a lot of new exciting services and consumer benefits. The media briefing will be available as an on-demand webcast on the Ericsson website later today. Ericsson is shaping the future of Mobile and Broadband Internet See broadband. communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world. Read more at http://www.ericsson.com/press |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion