Ericsson Gets $78 Million 3G/WCDMA Order From Telstra

STOCKHOLM -(Dow Jones)- Swedish telecommunications equipment maker Telefon AB L.M. Ericsson (ERICY) Friday said it has received a contract worth about $78 million from Australian operator Telstra Corp. Ltd. (TLS) to be the exclusive third-generation/WCDMA vendor to Telstra for up to the next five years.

Ericsson will supply layered architecture core and radio access network equipment, including HSDPA and network rollout services.

These contracts complement the Telstra-Hutchison Whampoa Ltd. (0013.HK) 3GSM network sharing arrangement which gives Telstra access to a fully optimized, fully operational network across five capital cities from July 1, 2005, and provides a way forward to increase 3GSM coverage as demand requires.

(END) Dow Jones Newswires"

Posted to the site on 7th January 2005