SARAJEVO, Bosnia and Herzegovina -- In Sarajevo, Ericsson Nikola Tesla's president Gordana Kovacevic and BH Telecom's CEO Hamdo Katica signed new contracts for a GSM network extension and modernization. The new contracts are worth almost 28 million kunas, the projects should be completed early in October.

“I am greatly satisfied with this continued collaboration in mobile telephony between Ericsson Nikola Tesla and BH Telecom. These contracts attract new prospects for major joint projects relating to further mobile network modernization in Bosnia and Herzegovina with this strategic customer. We work hand-in-hand with our customers and partners to achieve their business growth and development. Accordingly, we are pleased that these projects will enable BH Telecom to provide its end users with better quality mobile telephony service”, stressed Gordana Kovacevic.

Ericsson AB (Nasdaq: ERIC)