Friday, April 11, 2003 9:34:31 AM
STOCKHOLM, Sweden, Apr 11, 2003 (BUSINESS WIRE) -- 3G operator 3 has signed a contract with Ericsson (NASDAQ: ERICY) for the supply of a WCDMA 3G network in Denmark.
Under the agreement Ericsson will supply core, radio and transmission equipment. The agreement also includes services such as implementation, design and support.
The network will be fully integrated with 3's Swedish network, which is also supplied by Ericsson. Ericsson's solution enables 3 to launch with comprehensive functionality.
"We have chosen Ericsson because of their performance with our WCDMA network in Sweden so far and their ability to create synergies on a Scandinavian level," said Chris Bannister, CEO at 3.
"We are very proud that 3, a strong driver of 3G, has selected Ericsson as a partner on a Scandinavian level," said Steinar Tveit, President of Market Unit Nordic & Baltics at Ericsson. "This agreement underlines Ericsson's dominance on the Danish and Scandinavian UMTS network market and confirms our global leadership in delivering 3G systems with multi country solutions that are ready for commercial use today."
The WCDMA contract with 3 in Denmark underlines Ericsson's position as the world's leading supplier of 3G mobile systems. Ericsson has now been named as vendor in 41 out of 78 publicly announced WCDMA agreements to date and has a global market share of 40 per cent.
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 3
3 is focusing on offering attractive and innovative services for mobile video communication. 3 is the brand for Hi3G Access' activities. Hi3G Access has a 3G license in Denmark and Sweden and is owned by Hutchison Whampoa Ltd. (60%) and Investor AB (40%) - both with leading technological and industrial experience. 3 is co-operating with other Hutchison Whampoa companies with 3G-licence in Australia, Austria, Hong Kong, Israel, Italy and the UK. For further information: www.hi3gdenmark.dk.
CONTACT: Ericsson Inc., New York Kathy Egan pressrelations@ericsson.com Glenn Sapadin investor.relations@ericsson.com 212/685-4030URL: http://www.businesswire.comToday's News On The Net - Business Wire's full file on the Internetwith Hyperlinks to your home page.
Copyright (C) 2003 Business Wire. All rights reserved.
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KEYWORD: SWEDEN INTERNATIONAL EUROPEINDUSTRY KEYWORD: TELECOMMUNICATIONS MARKETING AGREEMENTS SOURCE: Ericsson
Daniel Nieves
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