www.ericsson.com
Yoigo, part of TeliaSonera, has inked an exclusive four-year deal
with Ericsson for the expansion and upgrade of its existing HSPA
network to HSPA+ technology. The Swedish vendor will supply Yoigo with
radio access, circuit switched core, packet switched core, expansion
and upgrade of charging systems. The Spanish operator has also
prolonged 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:
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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.
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