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China And Sweden Top Leaders
Attend Signing Ceremony For USD 1.44 Billion Deals
Between Ericsson And Chinese Mobile Operators
Ericsson signed GSM expansion framework agreements
with China's two largest mobile operators, China Mobile
and China Unicom, valued at about USD 1.3 billion and
USD 140 million respectively. The ceremony in Beijing
was attended by Chinese Premier Wen Jiabao and Swedish
Prime Minister Fredrik Reinfeldt, who is in China on an
official visit.
China Mobile and China Unicom together provide mobile
services to about 550 million subscribers in China. The
expansion projects will allow both operators to boost
their network capacity and performance, creating new
revenue streams from enriched data services and offering
an enhanced user experience.
Under the framework agreement with China Mobile,
Ericsson will be one of the main suppliers of core and
radio network equipment, along with related technical
support and services, to expand GSM/GPRS coverage and
capacity in 19 regions across China. Ericsson will also
provide power-saving features that significantly reduce
energy consumption in mobile networks and contribute to
reducing carbon-dioxide emissions. This follows the
"Green Action Program", a Strategic Cooperation
Memorandum previously signed between the two parties.
Under the agreement with China Unicom, Ericsson will be
the main supplier and help expand GSM networks in 10
regions across China, including Beijing where Ericsson
has previously not been a supplier. Ericsson will also
supply multimedia solutions for WAP services to help
provi de
attractive new multimedia services and applications.
The expansion projects are set to be completed in 2008.
Deliveries to both operators have already started.
Carl-Henric Svanberg, President and CEO of Ericsson
says: "Ericsson is continuously committed to supporting
China's rapidly expanding telecom industry with our
global expertise and proven competence. The new
framework agreements announced today further strengthen
Ericsson's position as the leading mobile communications
supplier in the Chinese market. It reflects our vision
of providing communications for all, and we are proud to
be an integral part of China's economic and social
development."
Mats H Olsson, President of Ericsson Greater China,
says: "We are very excited to be carrying out these
expansion projects for both China Mobile and China
Unicom. It is a privilege for Ericsson to be able to
work with our long-term strategic partners to provide
advanced, innovative services to hundreds of millions of
consumers in China."
The ceremony was also attended by Wang Jianzhou,
President of China Mobile, Shang Bing, President of
China Unicom, Michael Treschow, Chairman of Ericsson,
Carl-Henric Svanberg, President and CEO of Ericsson and
Mats H Olsson, President of Ericsson Greater China.
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