Ericsson Wins Managed Services, Kit Deal in Myanmar
STOCKHOLM -- Major social and economic progress has been taking place in Myanmar over the last two years, as the country opens up its economy. Mobile licenses have recently been awarded which are expected to bring considerable socio-economic benefits to the country and its people.
Myanmar will experience increased network rollout activity as Ericsson (NASDAQ: ERIC) participates in the development of Telenor's mobile network in the country. Ericsson today announced that it has been awarded a 5-year contract for multivendor managed services to support Telenor's nationwide network rollout. Late last year, Telenor also awarded Ericsson with a frame agreement to supply radio-access network (RAN) and associated services for a significant portion of Telenor's network in the country.
Telenor's network in Myanmar is expected to cover 90 percent of the country's population of more than 60 million in five years.
It will be a multi-standard network comprising 2G and 3G to provide customers with both excellent voice quality and high-speed data connectivity. Ericsson's multi-standard network solution will be used in the deployment, along with 2G and 3G equipment that can be upgraded for future requirements.
Ericsson AB (Nasdaq: ERIC)