Ericsson to build LTE network for LG UPLUS in Korea
(Thomson Reuters ONE) -
* Commercial service to start already in July 2011
* Six times faster data transmission with enhanced QoS
* Gradually migrating current CDMA to LTE network
Ericsson (NASDAQ: ERIC) today announced that the company, via their local
entity, LG-Ericsson, had signed a commercial contract with LG U+, a Korean
wireless service provider, to build a ultra-high speed LTE commercial service
network.
With this deal, LG U+ will be able to support the existing CDMA and 4G LTE
mobile service concurrently, becoming the first LTE service provider in Korea
including upgraded data speeds and service quality. As an industry leader in
design, deployment, integration and support services for mobile networks,
Ericsson is helping bring commercial LTE services to Korea already by July 2011.
Ericsson will be responsible for building LTE network in Seoul and metropolitan
area with a population of 25M and will supply Evolved Packet Core network, LTE
base stations and optical repeaters for access and transmission. The project
will start in May this year and be completed in 2012.
With the LTE service, consumers will be able to enjoy high-speed mobile
broadband services like high-definition video, voice and data, which are six
times faster than the current 3G mobile technology. At the initial stage, the
service will be provided through a dongle that allows LTE network access. Once
LTE-dedicated handsets are available, the LTE service is expected to prosper.
"Ericsson has successfully introduced the world's first LTE commercial service
and accumulated unrivalled technology, experience and know-how," said Mats H
Olsson, Head of Region China and North East Asia. "We are embarking a vital
project for the future of LG U+. We will not only bolster our partnership with
LG U+ but also contribute to the LTE development in Korea."
In September 2010, LG U+ had a benchmarking test to select LTE equipment vendors
and named Ericsson as supplier of Evolved Packet Core (EPC) and LTE radio base
station (eNodeB).
Notes to editors:
Our multimedia content is available at the broadcast room:
www.ericsson.com/broadcast_room
LTE Media Kit:
http://www.ericsson.com/thecompany/press/mediakits/lte
LTE Achievement List:
http://www.ericsson.com/thecompany/company_facts/facts_figures/lte_achievement
About Ericsson
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
www.twitter.com/ericssonpress
www.facebook.com/technologyforgood
www.youtube.com/ericssonpress
About LG-Ericsson
LG-Ericsson is a joint venture between Ericsson and LG Electronics, where
Ericsson holds a majority stake, since July 2010. The company aims to become a
leader in telecommunication equipment industry, providing customized solutions
for operators and corporations, with a portfolio ranging from mobile and fixed
network infrastructure, enterprise, to optical solutions.
The company has 1,300 employees and is headquartered in Seoul, Korea, with its
R&D center in Anyang, Korea.
For more information, go to: www.lgericsson.com
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 PDF:
http://hugin.info/1061/R/1515047/451273.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ericsson via Thomson Reuters ONE
[HUG#1515047]
Unternehmensinformation / Kurzprofil:
Datum: 12.05.2011 - 10:00 Uhr
Sprache: Deutsch
News-ID 54586
Anzahl Zeichen: 5489
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