Ericsson signs $30 million AXE contracts in South Korea; 30th country for Ericsson's IN solutions.STOCKHOLM, Sweden--(BUSINESS WIRE)--Dec. 6, 1996--Ericsson has signed AXE (An X Editor) A text editor used with the X Window system. By adding widgets, aXe can be customized by the user. (tool) aXe - A text editor for the X Window System. No longer maintained. contracts, valued at $30 million, with Korea Telecom KT (formerly, Korea Telecom, Korean: 한국통신, NYSE: KT) is South Korea's top integrated wired/wireless telecommunication service provider. KT has been Korea's leader in the development of the information & communications business for the last 25 years and ONSE Telecom Onse Telecom is a Korean telecom company, one of the largest providers of overseas telephone and internet access in South Korea. The company also is one of the largest telephone companies in South Korea, one of only two companies licensed to provide local telephone access. in South Korea. Ericsson will deliver AXE switching equipment and Intelligent Network (IN) solutions to the their fixed networks. The contract with Korea Telecom includes their third international AXE switch, as well as IN solutions, which will strengthen Korea Telecom's competitiveness in providing international telecom services. The AXE switching equipment will be installed in the city of Taejon. Ericsson has also signed its first contract with the new operator ONSE Telecom. Within the contract Ericsson will deliver international AXE switching systems Switching systems (communications) The assemblies of switching and control devices provided so that any station in a communications system may be connected as desired with any other station. with IN solutions, as well as a direct access subscriber switch and a network management system. These solutions will give ONSE Telecom world-class service offerings as they begin operations. Equipment will be installed in Seoul and Pusan. ONSE Telecom was awarded a licence for international telecom traffic in June 1996. This new operator is led by nine South Korean shareholding companies. With these contracts in South Korea, Ericsson has supplied IN solutions to 61 fixed and wireless operators in 30 countries world-wide, giving Ericsson a world-leading position within the field of Intelligent Networks. Customers range from new operators and service providers to large international operators and global alliances. Ericsson's 90,000 employees are active in more than 130 countries. Their combined expertise in switching, radio and networking makes Ericsson the world leading supplier in telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. . CONTACT: Ericsson, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Kathy Egan Lars Jonsteg 212/685-4030 |
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