Ericsson selected by Gibtelecom to deploy its GPRS network in Gibraltar.Business Editors STOCKHOM, Sweden--(BUSINESS WIRE)--July 24, 2003 Gibtelecom has signed an agreement with 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) for the deployment of its General Packet Radio Service (GPRS (General Packet Radio Service) The first high-speed digital data service provided by cellular carriers that used the GSM technology. GPRS added a packet-switched channel to GSM, which uses dedicated, circuit-switched channels for voice conversations. ) Network in Gibraltar. The order, valued at nearly EUR EUR In currencies, this is the abbreviation for the Euro. 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. 2 million, includes the supply of the complete GPRS network and the updating of its GSM mobile switch. The agreement includes the delivery, installation, systems integration and adaptation of existing sites as well as the technical support, maintenance of the network and consultancy. This agreement enhances the good relationship which Gibtelecom enjoys with Ericsson, a relationship that goes back to 1995 when Gibtel first provided public mobile services using an Ericsson AXE-10 switch for its GSM 900 network. "Gibtelecom has chosen Ericsson for their professionalism and proven track record in this complex field of wireless technologies," said Ernest Britto, chairman of Gibtelecom. "This contract will maintain Gibtelecom's leading position at the forefront of technology and demonstrates the company's continuing commitment to investing in Gibraltar," said Chairman Britto. "GPRS will provide Internet connectivity to local GSM customers as well as to roamers in Gibraltar." The service will open up a new era in telecommunications connectivity on "the Rock." Deployment is scheduled to begin immediately and the service is expected to be available to customers before the end of the year. 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 About Gibtelecom Gibtelecom is a joint venture company owned jointly by the Government of Gibraltar and Verizon of the USA. The Gibtelecom Group comprises Gibraltar Nynex Communications (GNC GNC General Nutrition Centers GNC Gas Natural Comprimido (Argentina) GNC Guidance, Navigation, and Control GNC Grand National Championship (ATV racing) GNC Global Navigation Chart ), Gibraltar Telecommunications International (Gibtel) and GNC's wholly owned Internet services subsidiary company, Gibconnect. The company employs around 150 people and provides fixed line, wireless and Internet services. The company services some 25,000 fixed line customers and over 14,000 mobile customers. The Group turnover is circa GBP GBP In currencies, this is the abbreviation for the British Pound. 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. 20 million per annum Per annum Yearly. . |
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