Ericsson Nikola Tesla Wins Bosnian GSM Contract

Ericsson Nikola Tesla has signed new contracts for a GSM network extension and modernization with Bosnia'a BH Telecom. The new contracts are worth almost HRK28 (US$5.2) million, the projects should be completed early in October.

"I am greatly satisfied with this continued collaboration in mobile telephony between Ericsson Nikola Tesla and BH Telecom. These contracts attract new prospects for major joint projects relating to further mobile network modernization in Bosnia and Herzegovina with this strategic customer.", stressed Gordana Kova?evi?.

Sweden's Ericsson owns 49% of Ericsson Nikola Tesla, with the rest held by investors and floated on the Zagreb Stock Exchange."

Posted to the site on 10th July 2007