Ericsson wins €308m network deal in Vietnam

Ericsson won a deal worth €308 million (US$450 million) to develop and modernise Hanoi Telecom's mobile network as it moves from CDMA technology to GSM/EDGE, a Reuters report said.

Under the three-year managed services agreement, Ericsson will design, manage and operate the network, and will offer field operations, support and professional services, the report said.

It said it would expand operations in Hanoi and Ho Chi Min City and planned to set up a new office in Danang City to provide technical support and network operation.