Ericsson wins GSM, GPRS orders valued at $50 million from Hutchison Group in India.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--Dec. 20, 2001 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 won mobile infrastructure orders worth $50 million from BSSL BSSL Bus Single Stuck Line BSSL Baltimore Beltway Senior Softball League , a joint venture between Hutchison Telecom of Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. and Essar Group The Essar Group is an India-based diversified corporation with interests in telecommunications, shipping, steel, construction, power and oil. The group has an estimated market value of US$ 15 billion and has an annual revenue of US$ 2.2 billion. of India. Ericsson will provide the complete core switching network infrastructure, radio network and microwave equipment to BSSL to operate GSM services GSM services are a standard collection of applications and features available to mobile phone subscribers all over the world. The GSM standards are defined by the 3GPP collaboration and implemented in hardware and software by equipment manufacturers and mobile phone operators. in three new areas of Karnataka, Andhra Pradesh Andhra Pradesh (än`drə prä`dāsh), state (2001 provisional pop. 75,727,541), 106,052 sq mi (275,608 sq km), SE India, on the Bay of Bengal. The capital is Hyderabad. and Chennai. In addition, Ericsson will also supply a range of value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services. "We already have a track record in the country of having built top class networks and our commitment of providing value packed services to our customers. The new license areas of AP, Karnataka and Chennai are going to be no different," said Asim Ghosh, Managing Director Hutchison Max Telecom Limited. "We are happy to have chosen Ericsson, one of our global infrastructure partners, as our preferred supplier for the new networks, because they are in the `leading edge class' and have all it takes to meet our rigorous customer oriented business focus." "Hutchison is one of the fastest growing cellular operators in India and we are happy to bag the mobile infrastructure contracts for their all three new circles," said Jan Campbell, Managing Director, Ericsson Telecommunications India Pvt. Ltd. "The business re-inforces our technology and market leadership in offering new generation infrastructure solutions to our customers globally and in India." "I am very delighted that Ericsson is now also a partner with Hutchison in India, following our recent handshakes on 3G supply agreements in other Hutchison key markets," said Kinson Loo, Managing Director, Hutchison Global Account, Ericsson, Asia Pacific. 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/press |
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