Ericsson wins €115 million GSM/GPRS expansion contract with Mobtel in Serbia

June 18, 2004

2 Min Read

STOCKHOLM -- Ericsson, (NASDAQ:ERICY) the world's leading telecom supplier, and leading Serbian GSM operator Mobtel have signed a contract valued EUR 115 million to expand and upgrade Mobtel's GSM 900/1800 network.

Ericsson will provide hardware, software and telecom services for the network expansion.

Under the contract, Ericsson will provide hardware and software expansions of the core network, radio network and microwave transmission network, as well as expansion of the GPRS packet switching technology equipment and enhanced mobile multimedia functionality for new service offerings, e.g. streaming.

With a turnkey responsibility, Ericsson will provide a comprehensive portfolio of telecom services. Ericsson's expertise in network design, deployment and integration as well as software upgrades will support the transition to advanced multimedia services. Under the contract, Ericsson will also provide support and maintenance services.

"The ratification of this agreement has an outstanding importance, not only for our company Mobtel, but also for the Republic of Serbia and further development of telecommunications in our country," said Mr Goran Bozic, Mobtel Deputy General Director. "It represents another step and logical sequel of a long lasting and successful cooperation between Ericsson and Mobtel, which will enable our company to continue the expansion of GSM network and to maintain the position of leader in telecommunications of Serbia and Montenegro."

"This contract is yet another recognition of Ericsson as the long-term partner of Mobtel in the process of developing and offering the most advanced telecommunications services to the people in Serbia," says Jan Hultgren, President, Ericsson Serbia & Montenegro. "We are proud that Mobtel has entrusted Ericsson for their network expansion and upgrade and we are committed to continuously add value to their offerings and to serve them with excellence."

LM Ericsson

063 Mobtel Srbija Co.

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