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Tuesday, January 28, 2003 9:49:35 AM
RELATED SYMBOLS: (ERICY)
STOCKHOLM, Sweden, Jan 28, 2003 (BUSINESS WIRE) -- Ericsson (NASDAQ: ERICY) has
been selected by Tele2/Tango as sole supplier for its WCDMA networks in
Luxembourg and Liechtenstein. The contract covers core and radio network
infrastructure and service agreements.
Tango plans commercial launch of 3G services in Luxembourg during the second
quarter of 2003 and in Liechstenstein later in 2003. Deliveries to the operator
have already started, and the roll-out is well advanced.
"The build out of the UMTS network in 2003 is an important step for Tango in
Luxembourg," commented Lars-Johan Jarnheimer, CEO of Tele2. "Tango is now the
largest provider of mobile services in the country and the 3G environment will
bring new opportunities for Tango."
Ericsson has been the main supplier for Tele2/Tango's fixed and mobile networks
in Luxembourg. For Ericsson, this contract is another confirmation that Ericsson
holds the world leading position in 3G.
"This is another important win for Ericsson," says Jef Keustermans, president of
Ericsson in the Benelux. "We once more underline our leadership in 3G. We are
very happy we can take our excellent relationship with Tango into the next phase
of mobile communications."
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 Tele2
Tele2 AB, formed in 1993, is the leading alternative pan-European
telecommunications company offering fixed and mobile telephony, data network and
Internet services under the brands Tele2, Tango and Comviq to 16.5 million
people in 21 countries. Tele2 operates Datametrix, which specializes in systems
integration, 3C Communications, operating public pay telephones and public
Internet services; Transac, providing billing and transaction processing
service; C(3), offering co-branded pre-paid calling cards and IntelliNet and
Optimal Telecom, the price-guaranteed residential router device. The Group
offers cable television services under the Kabelvision brand name and together
with MTG, owns the Internet portal Everyday.com. The Company is listed on the
Stockholmsborsen, under TEL2A and TEL2B, and on the Nasdaq Stock Market under
TLTOA and TLTOB.
CONTACT: Ericsson Inc.
Media:
Kathy Egan, 212/685-4030
Email: pressrelations@ericsson.com
Investors:
Glenn Sapadin, 212/685-4030
Email: investor.relations@ericsson.com
URL: http://www.businesswire.com
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Copyright (C) 2003 Business Wire. All rights reserved.
-0-
KEYWORD: SWEDEN INTERNATIONAL EUROPE
INDUSTRY KEYWORD: TELECOMMUNICATIONS
E-COMMERCE
INTERNET
SOURCE:
Ericsson
(Wall Street)
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Daniel Nieves
Daniel Nieves
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