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jimmylee

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jimmylee

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Monday, 03/29/2010 9:20:28 AM

Monday, March 29, 2010 9:20:28 AM

Post# of 433305
From CBS MarketWatch - Before the Bell


Wireless equipment giant Ericsson (ERIC) said it signed second- and third-generation frame agreements with Chinese operators China Mobile and China Unicom worth $1.8 billion in total. Under a $1 billion agreement, Ericsson will in 2010 provide China Mobile (CHL) with new radio bases and mobile technology. Under a separate $800 million deal with China Unicom (CHU) the Swedish company will build a faster 3G network.

JL

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