VOL. XLIV

No 34

20-August-2001

Telecoms

Ericsson Wins $826Mn Contract ForSTC Fifth GSM Expansion

SwedensEricsson announced on 12 August that it had been awarded an $826mn contract bythe Saudi Telecommunications Company (STC) to become the key supplier for STCsfifth GSM expansion in the country.Ina statement, Ericsson explained that it will provide the total core networkthroughout Saudi Arabia in addition to a major portion of STCs radio networkcovering the central and eastern provinces as well as...