Spain's Yoigo expands its 3G network with Ericsson
(Thomson Reuters ONE) -
* TeliaSonera-owned Spanish mobile operator Yoigo in exclusive four-year
agreement with Ericsson
* Yoigo extends its 3G HSPA mobile broadband network to increase coverage and
speed to 21 Mbps
* Yoigo prolongs its existing managed services contract with Ericsson for four
years
Yoigo, a subsidiary of TeliaSonera and Spain's fourth-largest operator, has
entered a new agreement with Ericsson (NASDAQ: ERIC) to extend its current 3G
HSPA mobile broadband network. The agreement makes Ericsson Yoigo's single
vendor of the latest technology in the radio access and core network and the
only managed services partner.
The extension will increase Yoigo's network coverage and meet the needs of the
operator's growing number of subscribers. It will also allow the company to
increase its profitability and competitiveness and get ready for 4G/LTE. The
agreement runs until December 2014 - and the existing managed services contract
that was due to end in September this year has been extended until the end of
2014.
Announcing the agreement at the Mobile World Congress in Barcelona, Yoigo's
Chief Executive Officer, Johan Andsjö, said that the new agreement represents
the company's commitment to the Spanish market. In a country with 55 million
mobile subscribers - a 112.5 percent penetration rate - the competition between
mobile operators is tough.
Johan Andsjö, CEO of Yoigo, says: "Our customer base has grown in a short amount
of time; increasing 51% in 2010. By extending the existing managed services
agreement with Ericsson, we guarantee that our customers maintain the high level
of satisfaction that we have achieved."
Ingemar Naeve, Head of Ericsson Spain, says: "Being Yoigo's sole managed
services partner from their start of operations in 2006 makes it extra special
for us to continue to extend their mobile broadband network and enable them to
enter the next era of 4G/LTE."
Deliveries will include radio access, circuit switched core, packet switched
core, expansion and upgrade of charging systems.
Notes to editors:
Our multimedia content is available at the broadcast room:
www.ericsson.com/broadcast_room
Ericsson is the world's leading provider of technology and services to telecom
operators. Ericsson is the leader in 2G, 3G and 4G mobile technologies, and
provides support for networks with over 2 billion subscribers and has the
leading position in managed services. The company's portfolio comprises mobile
and fixed network infrastructure, telecom services, software, broadband and
multimedia solutions for operators, enterprises and the media industry. The Sony
Ericsson and ST-Ericsson joint ventures provide consumers with feature-rich
personal mobile devices.
Ericsson is advancing its vision of being the "prime driver in an all-
communicating world" through innovation, technology, and sustainable business
solutions. Working in 175 countries, more than 90,000 employees generated
revenue of SEK 203.3 billion (USD 28.2 billion) in 2010. Founded in 1876 with
the headquarters in Stockholm, Sweden, Ericsson is listed on NASDAQ OMX,
Stockholm and NASDAQ New York.
www.ericsson.com
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FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Public & Media Relations
Phone: +46 10 719 69 92
E-mail:media.relations(at)ericsson.com
Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail:investor.relations(at)ericsson.com
Press release in PDF:
http://hugin.info/1061/R/1489563/425084.pdf
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originality of the information contained therein.
Source: Ericsson via Thomson Reuters ONE
[HUG#1489563]
Unternehmensinformation / Kurzprofil:
Datum: 16.02.2011 - 11:08 Uhr
Sprache: Deutsch
News-ID 51558
Anzahl Zeichen: 4595
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