Swedish major, Ericsson bagged new orders from Chinese operators China Mobile Ltd and China Unicom Ltd collectively worth $ 1.8 billion.
The deal with China Mobile is worth $ 1 billion and will require Ericsson to provide 2G radio access equipment including a multi-standard radio base station RBS 6000 and mobile soft-switching technology as the operator aims to increase its network capacity and migrate to an all-IP ecosystem.
The deal with China Unicom is to deploy 3G network based on HSPA standard as well as provide IP and broadband equipment including IP routers, fiber access technologies GPON and 40G WDM as well as IP multimedia subsystem (IMS).
Both the contracts are to be implemented in the current year.
Mats H Olsson, Head of Ericsson Greater China, said, "The signing of the significant frame agreements is a manifestation of our continued strong cooperation with our Chinese customers. We are confident that we will do an even better job in supplying the latest technology and best-in-class services in time to support Chinese operators in fulfilling the demand of this tremendous market growth." |