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ERI Eldorado Resorts Inc

38.24
0.00 (0.00%)
Pre Market
Last Updated: 00:00:00
Delayed by 15 minutes
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

Re Contract

30/07/2003 9:35am

UK Regulatory


    ]>

Ericsson named sole supplier for WCDMA to SingTel in Singapore

Ericsson has been selected by SingTel as sole supplier for their
WCDMA system in Singapore. Ericsson will also expand and upgrade
SingTel's present 2G system for a fully integrated, nationwide
GSM/GPRS/WCDMA solution. The contract is valued at USD 125 million.

The agreement with SingTel comprises a complete 3G system including
core and radio access network. In addition to infrastructure supply,
Ericsson will provide a comprehensive portfolio of professional
services including network design and systems integration. Ericsson
and SingTel will work together to bring new, value added services
such as video streaming to SingTel's customers.

Mr. Lucas Chow, SingTel's Executive Vice President of Consumer
Business and CEO of SingTel Mobile said: "SingTel is pleased to
appoint Ericsson as the supplier of its 3G network in Singapore as it
has given the most attractive proposal. We are confident that with
Ericsson's proven global expertise in mobile networks and
technologies as well as their commitment to 3G, Ericsson can help us
deliver high quality 3G services to our customers."

"We are delighted by SingTel's decision to select Ericsson," said
Claes Ödman, President of Ericsson Singapore. "This important
agreement reinforces the close strategic relationship which exists
between the two companies. Ericsson is fully committed to support
SingTel's 3G effort in Singapore and its position as the premier
operator in the region."

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:
James Borup, Ericsson Corporate Communications, External Relations
Phone: +46 70 590 9261, +46 8 719 6992
E-mail: james.borup@ericsson.com

Giles Vincent, Vice President, Sales & Public Affairs, Ericsson
(Singapore)
Phone: +65 96873962
E-mail: giles.vincent@ericsson.com

About SingTel
SingTel is Asia's leading communications company with operations and
investments in more than 20 countries. In Singapore, SingTel has more
than 120 years of operating experience and has played an integral
part in the development of the city as a major communications hub. It
is the largest provider of both fixed and mobile services.

Together with its regional partners, SingTel is Asia's largest
multi-market mobile operator, serving 35 million customers in six
markets - Australia, India, Indonesia, Philippines, Thailand and
Singapore.

SingTel has been recognised Best Asian Telecom Operator by industry
publication TelecomAsia, for five consecutive years since 1998. The
Group employs more than 19,000 people around the world and had a
turnover of USD 5.80 billion for the year ended 31 March 2003.



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