STOCKHOLM, SWEDEN -- 09/01/08 --
Ericsson (NASDAQ: ERIC) has signed the largest single contract in
Vietnam, amounting to USD 450 million, to develop and modernize Hanoi
Telecom's nationwide mobile network. The strategic partnership, a
first in Vietnam, will also see Ericsson managing and operating the
network under a full-scope managed services contract.
Under the three-year managed services agreement, Ericsson will be
responsible for the management, operation and network design of Hanoi
Telecom's mobile network, including field operations and support
services. Ericsson will also provide a comprehensive range of
professional services, such as network deployment and systems
integration.
Ericsson will be responsible for the nationwide migration of Hanoi
Telecom's network from CDMA to GSM/EDGE technology, supplying radio
access network equipment, optical and microwave transmission, and
will be the sole supplier of the all-IP circuit and packet core
network. The contract also includes solutions from Ericsson
Multimedia portfolio. Deployment has started and commercial launch is
set for the end of 2008.
To provide technical support and network operation, Ericsson will
expand its operations in Hanoi and Ho Chi Minh City, and set up a new
office in Danang City.
Dr. Pham Ngoc Lang, Chairman of Hanoi Telecom, says: "This strategic
partnership with Ericsson is a first in Vietnam. It will provide us
with a competitive advantage by allowing us to focus on our core
business and help position us for rapid nationwide expansion."
Eddie Åhman, President, Ericsson Vietnam, says: "We are proud to be
selected by Hanoi Telecom as a strategic partner. We are confident
that our strong local presence, industry leadership in services and
technology, and firm commitment in Vietnam will support Hanoi
Telecom's expansion plans in this dynamic market."
Notes to editors:
Press backgrounder - Ericsson Global Services
www.ericsson.com/ericsson/press/facts_figures/doc/global_services.pdf
White paper - Managed Services' impact on the telecom industry
http://www.ericsson.com/technology/whitepapers/3115_Managed_services_A.pdf
Ericsson's standard multimedia content is available at the broadcast
room: www.ericsson.com/broadcast_room
Ericsson is the world's leading provider of technology and services
to telecom operators. The market leader in 2G and 3G mobile
technologies, Ericsson supplies communications services and manages
networks that serve more than 195 million subscribers. The company's
portfolio comprises mobile and fixed network infrastructure,
broadband and multimedia solutions for operators, enterprises and
developers. The Sony Ericsson joint venture provides consumers with
feature-rich personal mobile devices.
Ericsson is advancing its vision of 'communication for all' through
innovation, technology, and sustainable business solutions. Working
in 175 countries, more than 70,000 employees generated revenue of
USD 27.9 billion (SEK 188 billion) in 2007. Founded in 1876 and
headquartered in Stockholm, Sweden, Ericsson is listed on OMX Nordic
Exchange Stockholm and NASDAQ.
For more information, visit www.ericsson.com or www.ericsson.mobi.
FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Media Relations
Phone: +46 8 719 69 92
E-mail: press.relations@ericsson.com
About Ericsson Managed Services
Ericsson has the telecom industry's most comprehensive managed
services offering. It ranges from designing, building, operating and
managing day-to-day operations of a customer's network, including
end-user services and business support systems, to hosting service
applications and content, as well as providing network coverage and
capacity on demand. As the undisputed leader in managed services,
Ericsson has officially announced more than 100 such contracts with
operators worldwide since 2002.
About Hanoi Telecom
The HT Mobile network was launched in February 2005 under a business
cooperation contract signed in July 2004 between the Hanoi Telecom
Joint Stock Company and Hutchison Telecom Vietnam, a wholly owned
subsidiary of Hutchison Telecom. To keep pace with market and
technology changes, HT Mobile successfully obtained government
approval on March 8, 2008, to convert from CDMA technology to GSM.
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