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Ericsson Signs Contracts in China Worth US$400 Million

Ericsson has been awarded a series of contracts in China for GSM [Global System for Mobile Communications] and multiservice network projects including IP[Internet Protocol] backbone construction in Beijing and the provinces of Shandong, Hebei, and Yunnan.

The contracts have a combined value of over US$400 million, Ericsson said in a statement.

The announcement of the series of contracts comes during a visit to China by Ericsson President and CEO Kurt Hellstrom, who attended signing ceremonies in Beijing and other cities.

Beijing Ericsson Mobile Communications Company Limited and Nanjing Ericsson Panda Communications Company Limited, Ericsson's two major joint venture companies in China, will deliver all related systems and equipment.

All contracts are being carried out with Chinese partner.

(China Daily 04/11/2001)

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Ericsson improves service

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