Ericsson has signed separate framework agreements with China Mobile and China Unicom, with the total value of USD1.8 billion.
According to Ericsson's agreement with China Mobile, it will provide a multi-standard radio base station RBS 6000 and mobile soft-switching technology to the Chinese operator to enhance its network capacity and evolve it into an IP network. At the same time, Ericsson will help China Mobile to achieve energy saving goals. The framework contract is worth USD1 billion and will be implemented during 2010.
Its agreement with China Unicom states that Ericsson will provide a faster 3G network with HSPA evolution technology to secure higher speeds and better user experiences for consumers. In addition, Ericsson will further expand cooperation with China Unicom in the area of IP and broadband, supplying IP routers, fiber access technologies GPON and 40G WDM as well as IP multimedia subsystem. The framework contract is worth USD800 million and will also be implemented during 2010.
Mats H Olsson, head of Ericsson Greater China, said that the signing of the framework agreements is a manifestation of Ericsson's continued strong cooperation with Chinese customers. The company will provide the latest technology and best-in-class services to support Chinese operators in fulfilling the demand of the tremendous market growth.
