Ericsson Awarded GSM Expansion Frame Agreement in China.Business Editors/High-Tech Writers STOCKHOLM, Sweden--(BUSINESS WIRE)--June 15, 2004 Ericsson (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) has signed a frame agreement with Guangxi Mobile Communications Company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. Limited (Guangxi Mobile) for the expansion of their GSM network in the Guangxi Zhuang Autonomous Region Guangxi Zhuang Autonomous Region (gwäng`shē` jwäng`), province (1994 est. pop. 44,550,000), c.85,000 sq mi (220,150 sq km), S China, bordering on Vietnam. The capital is Nanning. , Southwestern China. The total value of the agreement is estimated to USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 109 million. In addition to the expansion of the existing network, Ericsson will deploy the advanced AXE810 platform and RBS RBS Royal Bank of Scotland RBS Role Based Security RBS Rollback Segment RBS Rare Book School (University of Virginia) RBS Rural Business Cooperative Service RBS Ribosome Binding Site (genetics) 2206 radio base stations. The implementation of the agreement will be completed by the end of 2004. "The expansion project will strengthen Guangxi Mobile's leading position by providing subscribers with more functions and wider network coverage," says Chen De Xing, General Manager of Guangxi Mobile. "After this expansion supported by Ericsson, our network capacity will reach around 8 million users." "We are very honored to once again be chosen by Guangxi Mobile for its GSM expansion," says Mats H Olsson, President of Ericsson China. "Since year 2000, Ericsson has been providing advanced solutions and professional services to Guangxi Mobile's GSM network. We are committed to continue to provide first class technology and products to Guangxi Mobile, which will enable our customer to roll out more attractive applications and services to their customers." Ericsson's presence in Guangxi dates back to 1991 when the company helped to deploy a TACS (Total Access Communication System) An analog cellular phone system deployed mostly in Europe. It was modeled after the AMPS system in the U.S. In the U.K., ETACS (Extended TACS) transmits in the 871-904/916-949 MHz band. network. Ericsson continues to be the major provider of GSM/GPRS equipment for the region. Ericsson is shaping the future of Mobile and Broadband Internet 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 About Guangxi Mobile Guangxi Mobile Communications Company Limited. (Guangxi Mobile) was established in July 1999 as a regional subsidiary of China Mobile Communications Corporation. After being acquired in 2000 by China Mobile HK Holdings, a company listed both on Hong Kong and New York Stock Exchanges New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , Guangxi Mobile became one of the 21 wholly owned branches of China Mobile HK Holdings. With over 4 million subscribers, Guangxi Mobile is the largest mobile communication services provider in Guangxi Zhuang Autonomous Region. |
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