Ericsson secures $550m worth of deals in China

Ericsson won deals worth more than $550 million to expand mobile networks in 17 Chinese regions, an Associated Press report said.
The report, quoting Ericsson, said the contracts were signed with China Mobile during the first half, and included providing the country's major mobile operator with GSM network equipment and technical support.
The expanded networks would support more than 200 million subscribers, Ericsson said.
Ericsson, the world's largest supplier of telecom equipment, had been partners with China Mobile since 1987, and said the new contracts would help strengthen its position as a leader in the Chinese market, the report said.

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