Ericsson Makes $1.8 Billion Deal With China Mobile and China Unicom

Ericsson has announced a deal with China Mobile and China Unicom that is worth $1.8 billion. Ericsson will provide China Unicom with a faster 3G network. Ericsson will also provide China Mobile equipment to boost their capacity for mobile networks. “The signing of the significant frame agreements is a manifestation of our continued strong co-operation with our Chinese customers,” stated Ericsson head of China Mats Olsson. [BBC]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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