Ericsson wins expansion deals in China worth $550m

15 Aug 2006
00:00

(Associated Press via NewsEdge) Ericsson reported that it won deals worth more than $550 million to expand mobile networks in 17 Chinese regions.

Ericsson said the contracts were signed with China Mobile during the first half of 2006, and includes providing the country's major cell-phone operator with GSM network equipment and technical support.

The expanded networks will support more than 200 million subscribers, Ericsson said.

Ericsson, the world's largest supplier of telecom equipment has partnered with China Mobile since 1987, and said the new contracts would help strengthen its position as a leader on the Chinese market.

© 2006 The Associated Press

© 2006 Dialog, a Thomson business. All rights reserved

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