Ericsson wins GSM expansion contract with Serbian operator Telekom Srbija.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) the world's leading telecom supplier, and Serbian GSM operator Telekom Srbija Telekom Srbija is a telecommunications company based in Serbia, with its headquarters in Belgrade. The company provides a range of fixed line, mobile, and Internet communications services in Serbia, Bosnia and Herzegovina and Montenegro. have signed a 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. 39 million contract to expand and enhance Telekom Srbija's GSM network. Under the agreement, Ericsson will provide state-of-the-art hardware, software and telecom services. The network expansion will be completed within twelve months and will allow Telekom Srbija to offer its customers the latest, most advanced 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. . Also, the capacity in the network will be increased. Under the contract, Ericsson will provide hardware and software expansions of both the core and radio GSM network, as well as deployment, systems integration, competence development and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . By using Ericsson's latest GSM technologies, Telekom Srbija is best prepared for future upgrades, thus ensuring solid protection of today's investment for tomorrow's technology needs. "Ericsson is proud of being selected for this very important expansion of the GSM network of Telekom Srbija, which will pave the way for future business growth," stated Bo Andersson, President, Ericsson Serbia & Montenegro. "We are confident that with our solution the operator will be able to offer its customers state-of-the-art features, services and world-class network quality." 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 About Telekom Srbija Telekom Srbija" a.d. with its head office in Belgrade, Takovska 2, was incorporated as a joint stock company in June 1997. In direct sale, 49% of share capital worth DEM See digital elevation model. 1.568 billion was privatized - 29% was purchased by Italian STET and 20% by Greek OTE OTE Chiefly Brit (esp. in job adverts) on target earnings: the minimum amount of money a salesman is expected to make OTE abbr (Comm) (= on-target earnings) → Einkommensziel nt . PE PTT (1) (Postal, Telegraph & Telephone) The governmental agency responsible for combined postal, telegraph and telephone services in many European countries. (2) See push-to-talk. PTT - Post, Telephone and Telegraph administration Traffic "Srbija", that is, the Republic of Serbia as a founder, owns 80% of the shares, after the buy-back of the Italian share in 2003, and a gold share with the right to veto on all-important strategic decisions made by the Managing Board. The Managing Board is composed of the representatives of the two Shareholders in proportion to the capital stake. Telekom Srbija" a.d. employs 13.000 people. More information about Telekom Srbija can be found at: http://www.telekom.yu |
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