Ericsson Powers Telstra

STOCKHOLM -- Ericsson's (NASDAQ:ERIC) customer, Telstra, today switched on Australia's fastest and largest mobile broadband network. The turbo-charged NEXT G(TM), built in a record 10 months, is now live across Australia.

Sol Trujillo, CEO Telstra and Carl-Henric Svanberg, President and CEO Ericsson, switched on the new NEXT G(TM) (3GSM 850 MHz) network with video calls to locations across Australia, including Thursday Island, South Port, Cape Byron and Broome.

Trujillo said Telstra shareholders' AUSD 1 billion investment in the world's geographically largest national 3GSM network delivers unequaled customer reach and speed across the country and is globally acknowledged as a superior spectrum for breadth and depth of coverage.

NEXT G is more than 100 times bigger geographically than any other 3GSM network in Australia, delivering voice and broadband services to 98 percent of the population.

Trujillo said: "This is an exciting day for all Australians, no matter where they live and work. No one else, here or abroad, has built and launched such a far-reaching, high speed, wireless broadband network in less than a year. It is a versatile, high capacity network with head room for higher speeds in the months and years ahead."

"The opportunities are vast, including service improvements in health and education, productivity improvements in business everywhere, and a competitive advantage for Telstra," he added.

Turbo charged with High Speed Downlink Packet Access (HSDPA), NEXT G is more than 50 times faster than dial-up and up to five times faster than other 3GSM networks. Telstra customers will experience network download speeds averaging 550 kbps to 1.5 Mbps, and peak network speeds of up to 3.6Mbps, increasing up to 14.4Mbps early next year.

Ericsson AB (Nasdaq: ERIC)

Telstra Corp. Ltd. (ASX: TLS; NZK: TLS)

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