Telecom Ramblings

PR Archives:  LatestBy Company By Date


Press Release -- December 16th, 2014
Source: Ericsson
Tags:

Ethiopia Telecom to invest with Ericsson to transform its network in Ethiopia

Ericsson (NASDAQ:ERIC, news, filings) today signed a framework agreement on 2G/3G mobile communication equipment and related services - such as design, planning, deployment, tuning, and optimization - with Ethio Telecom.

The newly signed framework agreement will allow Ethio Telecom to further improve the capacity and performance of its 2G/3G network. This will consequently ensure improved quality of network coverage, richer and more innovative mobile communication services to subscribers in southern Ethiopia.

The agreement with Ericsson will be used for the procurement of Ericsson products and services and aims to transform the current network and add additional capacity to meet the country's need to bring connectivity to more than 60 million subscribers nationwide.

Andualem Admassie, CEO, Ethio Telecom, says: "Ethio Telecom sees this agreement with Ericsson as an important step towards fulfilling the country's need for communication under the Telecom Expansion Plan. We believe in a long-term partnership with Ericsson."

Rafiah Ibrahim, Head of Region Middle East and North East Africa at Ericsson, says: "Ethiopia's 3G market is rapidly growing, driven by Ethiopian's high demand on connectivity. Ericsson is devoted to support the development of Ethiopia's telecom industry, leveraging our global expertise and technology leadership. Today's signing of the framework agreement will further solidify our partnership with Ethio Telecom as we will work together to ensure rewarding new user experience for Ethiopian consumers in the new connectivity era and we are fully confident that we will together achieve this objective."

The signing was hosted by H.E Dr Debretsion, Minister of Telecommunications in Ethiopia, and was attended by key representatives from Ethio Telecom, Ericsson, and local media.

NOTES TO EDITORS
About Ericsson

Download high-resolution photos and broadcast-quality video at www.ericsson.com/press

Ericsson is the driving force behind the Networked Society - a world leader in communications technology and services. Our long-term relationships with every major telecom operator in the world allow people, businesses and societies to fulfill their potential and create a more sustainable future.

Our services, software and infrastructure - especially in mobility, broadband and the cloud - are enabling the telecom industry and other sectors to do better business, increase efficiency, improve the user experience and capture new opportunities.

With more than 110,000 professionals and customers in 180 countries, we combine global scale with technology and services leadership. We support networks that connect more than 2.5 billion subscribers. Forty percent of the world's mobile traffic is carried over Ericsson networks. And our investments in research and development ensure that our solutions - and our customers - stay in front.   

Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales in 2013 were SEK 227.4 billion (USD 34.9 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.

www.ericsson.com 
www.ericsson.com/news
www.twitter.com/ericssonpress
www.facebook.com/ericsson
www.youtube.com/ericsson

FOR FURTHER INFORMATION, PLEASE CONTACT

Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail: media.relations@ericsson.com

Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail: investor.relations@ericsson.com

PR Archives: Latest, By Company, By Date