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Ericsson Signs Managed Services and GSM/GPRS Infrastructure Contract With Warid Telecom

Posted on: Tuesday, 7 September 2004, 06:00 CDT

Ericsson (NASDAQ:ERICY) further strengthens its industry leadership in managed services by the signing of a services contract with Warid Telecommunications Pvt. Limited (Warid Telecom) in Pakistan. The contract with Warid Telecom covers the first phase of its nationwide GSM/GPRS network, covering 28 major cities.

Under the contract, Ericsson will provide turnkey network design, deployment and integration of a complete GSM/GPRS solution, including supply of core and radio network infrastructure. In providing managed services, Ericsson takes full responsibility for operation and maintenance as well as optimization of Warid's network. Coverage and network build-out will begin immediately and the network is expected to be ready for commercial launch in early 2005.

"In our case, speed-to-market is critical in gaining a competitive edge, and we have chosen Ericsson because it is an ideal partner for us," said Hamid Farooq, CEO of Warid Telecom. "We wanted a partner that had a credible track record in managed services. Ericsson is the key driver in the development and evolution of GSM technologies, as well as the global market leader in the deployment and integration of GSM networks."

"This contract is yet another confirmation of Ericsson's industry leadership in managed services and our ability to accelerate operator growth in high growth markets," said Zibber Mohiuddin, president of Ericsson Pakistan. "We are pleased that Warid selected Ericsson and we are committed to deliver a network of world-class quality so that Warid will be able to meet its customers needs."

"We want Pakistanis to enjoy the benefits of full mobility and enjoy services that will meet their needs and lifestyle," continued Hamid Farooq, CEO of Warid Telecom. "With our GPRS-enabled network, which is upgraded to EDGE easily, we will be able to offer basic data services as well as high-speed multimedia services to our subscribers."

Ericsson is the world's leading GSM supplier, with approximately 40% market share. Ericsson has been instrumental in the creation, development, standardisation, deployment and growth of GSM, the world's most widely deployed mobile standard.

Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.

Read more at http://www.ericsson.com/press

About Warid Telecommunications

Warid Telecom is owned by the Abu Dhabi Group, which is led by His Highness Sheikh Nahayan Mabarak Al Nahayan. Apart from having a substantial shareholding in Bank Alfalah and United Bank Limited, the Abu Dhabi Group also has other international investments in the telecommunications, finance, hospitality, property, oil exploration & supplies, and automobile industries.

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