Ericsson wins $50 million order for telecomm system in Russia.STOCKHOLM, Sweden--(BUSINESS WIRE)--Feb. 06, 1996--Ericsson has signed an agreement with AO Kubanelectrosvyaz, the main operator in the Krasnodar region of Russia for AXE switching equipment. The contract extends and modernizes the public telecoms network in the region. Installations will begin during the autumn of 1996. The contract is valued at $50 million. Ericsson is a major supplier of telecom systems to the Russian Federation Russian Federation: see Russia. . During the last quarter of 1995, Ericsson signed agreements with Russian operators for well over 1 million AXE lines. Ericsson has supplied AXE switching equipment for all levels of the network, including international/national transit, local and mobile cellular switches. The Krasnodar region is located in the south-western part of the Russian Federation along the Black Sea. With 5.5 million inhabitants
The game is based loosely on the concepts from SameGame. , it is the third largest region in Russia. Ericsson's operations in the Russian Federation are expanding rapidly. During 1995, Ericsson doubled its net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight in Russia. In December 1995, Ericsson established a joint venture training centre together with the Moscow University of Communications and Informatics. The company will support and serve Russian operators in the fixed, mobile and business networks. Ericsson's 80,000 employees are active in more than 100 countries in the world. Their combined expertise in switching, radio and networking makes Ericsson a world leader in 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 EGAN ETSI Guide Access Network EGAN Ethernet Global Access Network LARS LARS Launch and Recovery System LARS Large Animal Research Station LARS Los Angeles Riot Squad LARS Los Angeles Radiological Society LARS Light Artillery Rocket System LARS Left Add, Right Subtract (artillery fire sighting) JONSTEG 212/685-4030 |
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