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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Eldorado Resorts Inc | NASDAQ:ERI | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 38.24 | 38.20 | 38.24 | 0 | 00:00:00 |
]> Ericsson awarded USD 600 million GSM expansion Frame Agreement by Guangdong Mobile in China Ericsson today signed a USD 600 million Frame Agreement with Guangdong Mobile Communication Corporation Limited for the GSM network expansion in Guangdong Province, China. With the expansion, the capacity of Guangdong Mobile's GSM network will reach 36 million subscribers. According to the agreement, Ericsson will provide infrastructure equipment including hardware and software in this expansion. Nanjing Ericsson Panda Communication Company Ltd., Ericsson's largest joint venture in China, will provide the contracted equipment. The delivery for this expansion started in 2003 and will be completed in 2004. "The Chinese market is strategically important to Ericsson," says Carl-Henric Svanberg, President and CEO of Ericsson. "As a long-term committed partner to local operators, Ericsson has been actively involved in the fast development in China's telecommunication industry by providing the most advanced and cutting-edge technology, solutions and services. We are honored to be awarded this major agreement by Guangdong Mobile, which is the most encouraging confirmation of the strategic partnership between both parties." As the primary GSM/GPRS network equipment supplier, Ericsson has cooperated with Guangdong Mobile since 1987. In addition to the supply of the network equipment, Ericsson also provides professional services and network-related total solutions to Guangdong Mobile to meet its rapid growing business demand. 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 FOR FURTHER INFORMATION, PLEASE CONTACT My Spangenberg, Ericsson Corporate Communications, External Relations Phone: +46 70 594 65 72, +46 8 719 4121; E-mail: press.relations@ericsson.com Tu Min, Communications, Ericsson China Phone: +86 1390 114 3482, +86 10 6561 9988; E-mail: min.tu@etc.ericsson.se About Guangdong Mobile Communication Corporation Limited Guangdong Mobile Communication Corporation Limited (Guangdong Mobile), established in January 1998, is now a whole subsidiary of China Mobile HK holdings, which is listed both on the Hong Kong and New York Stock Exchanges. Guangdong Mobile is the biggest mobile communication operator in Guangdong province. With network across the whole Guangdong province, Guangdong Mobile had over 25 million mobile users by the end of June 2003. - ---END OF MESSAGE--- Copyright © Hugin ASA 2003. All rights reserved.-----BEGIN PGP SIGNATURE----- Version: PGP 6.5.8 iQA/AwUBP0NVE+6RaHz0nSHVEQKuZwCfWhkldgEdlhv+vrNahdvNwJSnWJoAn0H2 IjZcPXKrg0n/+EcUZRNljQyT =acGt -----END PGP SIGNATURE-----
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