Svenska UMTS Nät signs Letter of Intent with Ericsson

Svenska UMTS Nät signs Letter of Intent with Ericsson Svenska UMTS Nät has signed a Letter of Intent with Ericsson for the provision of UMTS equipment for the Swedish market. The rollout plan for Svenska UMTS Nät is based on the license terms set by the Swedish National Post and Telecom Agency (PTS). According to the terms, operators are to offer a functioning UMTS network in an area of Sweden by January 1, 2002, and to roll out a fully built network before year-end 2003. Svenska UMTS Nät is a 50-50 joint venture between Telia Mobile and Tele2. The company will build and operate a network for the next generation of mobile telephony, UMTS (Universal Mobile Telecommunications System). "We consider Ericsson to be an excellent partner for developing the mobile network of the future and look forward to good co-operation with the company. Ericsson will provide the products and functionality needed by Svenska UMTS Nät," says Henrik Ringmar, President of Svenska UMTS Nät AB. For further information journalists can contact: Henrik Ringmar, President, Svenska UMTS Nät AB, phone +46 70-426 42 19. Bo Jacobsson, Chairman, via Telia's Pressoffice, phone +46 20 77 58 30 Lars-Johan Jarnheimer, Vice Chairman, phone +46 8 56 26 40 00. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.bit.se/bitonline/2001/06/13/20010613BIT00030/bit0002.doc http://www.bit.se/bitonline/2001/06/13/20010613BIT00030/bit0002.pdf