Ericsson Scores Bharti Deal

Agreement will enable Airtel to put in place a converged network and expanded coverage in rural India

March 31, 2010

1 Min Read

STOCKHOLM -- Today, Bharti Airtel and Ericsson (NASDAQ:ERIC) further strengthened their strategic partnership with a USD 1.3 billion network expansion contract. Airtel users will enjoy an enhanced voice quality and faster data access. The agreement will enable Airtel to put in place a converged network and expanded coverage in rural India. Ericsson will expand and upgrade Airtel's network in 15 of India's 22 telecom circles.

"Our pioneering model of aligning with strategic partners who share our vision and bring in world-class experience and expertise to execute our plans has helped us focus on our customers and market place," says Sanjay Kapoor, CEO- India & South Asia, Bharti Airtel. "The extension of our fifteen years association with Ericsson is testimony to the strength of the relationship as well as the success of the model. We continue to be delighted with Ericsson's expertise in network expansion and transformation, helping us to reduce operating expenditures and enhance network quality. This way we can continue to provide a superior customer experience."

Hans Vestberg, President and CEO of Ericsson, says "Airtel is poised to spearhead the next telecom revolution in India and take the 2G experience to greater heights. In this partnership, we will set a new benchmark for the world in terms of network size and quality, types of services and end-user experience."

Ericsson AB (Nasdaq: ERIC)

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