Ericsson (ERICY) has signed a frame agreement with Chinese operator Guangxi Mobile Communications Company Limited or the Phase 10 GSM Expansion in 2005. The total value of the agreement is estimated to be USD 62 million.

Nanjing Ericsson Panda Communications Company Ltd, Ericsson's largest joint venture in China, will supply the equipment under the agreement. The expansion is scheduled to be completed by September 2005.

Ericsson's presence in Guangxi dates back to 1991 when the company helped to deploy a TACS network. Over the past 14 years, the partnership between Ericsson and Guangxi Mobile has been continuously strengthened on the basis of jointly building a world-class mobile network.


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