Ericsson named key supplier in major GSM expansion to STC, Kingdom of Saudi Arabia

Ericsson named key supplier in major GSM expansion to STC, Kingdom of Saudi Arabia Ericsson has been named by the Saudi Telecommunications Company as the key supplier for STC's fifth GSM expansion in the Kingdom of Saudi Arabia. The award is valued for Ericsson at up to USD 826 million. The project is due to be completed around year-end 2002. The agreement means that Ericsson will provide the total core network Kingdom wide, as well as the major portion of STC's radio network, covering the central and Eastern provinces as well as the Jeddah area. Ericsson will provide STC with full supply, technology and services support for the project. The expansion will make STC the largest and among the most advanced GSM networks in the Middle East. "Ericsson is very pleased to be providing STC with the solutions and services to help them further improve their GSM network and build the advanced platform for the next generation. This contract further reinforces the trust shown by leading operators like STC in Ericsson's telecom expertise," said Cesare Avenia, Ericsson Vice President for Middle East and Africa region. Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world. Read more at http://www.ericsson.com/press FOR FURTHER INFORMATION, PLEASE CONTACT James Borup, Press Relations, Division Mobile Systems Ericsson Corporate Communications Phone: +46 70 590 9261; E-mail: james.borup@lme.ericsson.se Ziyad Emil Karam, Communications Manager Ericsson (Saudi Arabia) Phone: +966 5 44 89 220; E-mail: ziyad.karam@tks.ericsson.se Cesare Avenia, Vice President, Ericsson Market Region Middle East and Africa Phone: +44 7774 298 903; E-mail: cesare.avenia@ema.ericsson.se