Ericsson signs GSM Expansion Frame Agreement with Guangxi Mobile.STOCKHOLM, Sweden -- 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 Chinese operator 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 Phase 10 GSM Expansion in 2005. The total value of the agreement is estimated to be 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. 62 million. Nanjing Ericsson Panda Communications Company Ltd, Ericsson's largest joint venture in China, will supply the equipment under the agreement. The expansion is scheduled to be completed by September 2005. "With our cooperation with Ericsson, we will be able to further enhance the coverage and capacity of our networks," said Chen Dexing, General Manager of Guangxi Mobile. "This will allow us to effectively address the growing demands of the end users, and provide a solid platform for us to launch a series of enriched, value-added services." "This agreement further strengthens our long-term partnership with Guangxi Mobile," said Mats H Olsson, President, Ericsson Greater China. "As the major provider of GSM/GPRS equipment for the Guangxi region, we have been committed to providing Guangxi Mobile with our innovative, future-proof technologies and solutions, to support them in continuously growing their business and delivering new, premium services to the consumers in the region." 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. Over the past 14 years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time partnership between Ericsson and Guangxi Mobile has been continuously strengthened on the basis of jointly building a world-class mobile network. 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 |
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