Business Services Industry
Ericsson to rollout mobile broadband in Sweden
Nordic Business Report, Oct 4, 2007
NORDIC BUSINESS REPORT-4 October 2007-Ericsson to rollout mobile broadband in Sweden(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com
Swedish telecomms solutions provider Ericsson (Nasdaq: ERIC) said on Thursday (4 October) that it has signed a contract with Svenska UMTS Nat AB, jointly owned by the operators TeliaSonera and Tele2, for a nationwide rollout of mobile broadband in Sweden.
TeliaSonera and Tele2 will offer their customers enhanced mobile broadband services with speed up to 7.2Mb/s. The network is already prepared for 14.4Mb/s, the company added.
The rollout has already started, and before the end of 2007 all the major cities in Sweden will be covered.
Ericsson's High-Speed Packet Access (HSPA) solution offers data speed in the downlink up to 14.4Mb/s, while today's commercial HSPA subscriber devices only allow a maximum downlink speed of 7.2Mb/s.
Ericsson is headquartered in Stockholm, Sweden. Its equipment is used in more than 1,000 networks in 140 countries, and 40% of the world's mobile calls are made through Ericsson systems. The company is listed on the Nordic Exchange in Stockholm, and its shares are also traded on the London Stock Exchange and on Nasdaq.
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