Ericsson Awarded Two Network Expansion Deals in China.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--April 29, 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 two major mobile network expansion deals in Sichuan Province, Southwest China Southwest China (Chinese: 西南; pinyin: Xinan) is a region of China defined by governmental bureaus that includes the municipality of Chongqing; provinces of Sichuan, Yunnan and Guizhou; and the Tibet Autonomous Region. , valued at over 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. 120 million. The 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. 2000 1X network expansion agreement was reached with Sichuan Unicom, while the GSM network expansion agreement, was entered into with Sichuan Mobile. Under the agreement with Sichuan Unicom for expansion of its CDMA2000 1X network, Ericsson will provide its end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. in new low-density areas. In addition, Ericsson will enhance coverage and capacity of existing CDMA2000 1X networks. Deployment of the network equipment has already begun and the commercial service is expected to begin by the end of June 2004. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the agreement with Sichuan Mobile, Ericsson will supply hardware as well as software to pave the way for future 3G deployment and to expand the GSM network coverage in the province. The implementation of the contract will be finished at the end of 2004. Mr. Robert James Robert Sallee James (17 July, 1818 - 18 August, 1850) was a pastor and father of four children including the James outlaws... Frank and Beans a.k.a. The James Brothers. Born in Logan County, Kentucky, U.S. he met Zeralda Cole they married on 28 December, 1841. Parris, Executive Vice President of Ericsson China and General Manager of Region Central, said, "Ericsson is honored to once again be chosen by our customers to provide our industry-leading network equipment and solutions to Sichuan in order to meet the fast growing local communications needs." He continued, "The two agreements further demonstrate Ericsson's technology and market leadership in both major mobile standards CDMA and GSM and our long-term commitment in China." In 1996, Ericsson signed the first contract with Sichuan Unicom for deployment of GSM network, and in 2000, Ericsson began to help Sichuan Unicom build its CDMA network. Since then it has become Sichuan Unicom's largest mobile network infrastructure provider both for CDMA2000 1X and GSM. Ericsson started its cooperation with Sichuan Mobile in 1993, when Ericsson helped 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 in the province. In 1997, Ericsson began to provide Sichuan Mobile the GSM network equipment, and it is now the largest GSM equipment supplier of Sichuan Mobile. 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. About Sichuan Unicom China United Telecommunications Corporation (China Unicom) is China's only mobile communications carrier to operate both CDMA and GSM networks. Established in July 1994 and listed in 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. , China Unicom is the country's second largest mobile operator. By the end of March 2004, China Unicom has had a total of 98.29 million mobile phone subscribers for its CDMA and GSM networks. China Unicom is now also the country's only fully licensed telecom operator, providing a full range of telecom services such as domestic and international long-distance call service, mobile phone and data/IP network communications. Sichuan United Telecommunications Corporation, or Sichuan Unicom is a subsidiary of China United Telecommunications Corporation. About Sichuan Mobile China Mobile Communications Corporation (or China Mobile), listed in Hong Kong and New York Stock Exchanges, is the country's largest mobile communications operator, claiming a total of 177 million mobile phone subscribers by the end of 2003. Sichuan Mobile Communications Corporation is one of the 21 wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of China Mobile, with a total of more than 8 million GSM subscribers in the province. |
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