Technology Stocks | Ericsson overlook?


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To: Sawtooth who wrote (1650)5/25/1998 3:30:00 PM
From: Clean   of 5353
 
well, i'll have to check with by broker, because my # shares
didn't increase, although the price changed (halfed).
thanks.

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To: Clean who wrote (1652)5/25/1998 3:43:00 PM
From: Jazz102   of 5353
 
I use Waterhouse. My number of ERICY shares is the same but the price has been halved. It seems strange, that the price is cut before the new shares are distributed. Gave me quite a start when I looked at my account total. I knew my tech holdings were falling but not as badly as the total showed until I figured out what had happened with ERICY, causing $6,000 to disappear.
JAZZ

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To: Jazz102 who wrote (1653)5/25/1998 3:58:00 PM
From: Clean   of 5353
 
ditto - waterhouse as well. shock, then anger, then confusion.
i just dunno.

regards.

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To: Clean who wrote (1654)5/25/1998 11:26:00 PM
From: P2V   of 5353
 
Same results with Fidelity. I've been involved with the LU split also - Seemed like it took a few days before the account showed the
result of that split also.

Regards,
Mardy.

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To: P2V who wrote (1647)5/25/1998 11:38:00 PM
From: P2V   of 5353
 
Anybody understand this TDMA Terminal/ PD 398 ??
ERICSSON HONORED WITH UWC AWARDS FOR EXCELLENCE IN D-AMPS

The Universal Wireless Communications (UWC) Consortium presented
Ericsson with three awards at it's annual global summit in
Vancouver, Canada. Ericsson received awards for Best TDMA Terminal,
Best TDMA/WIN Print Ad and the UWC Founders Award, honoring
Sven-Christer Nilsson, President and CEO of Ericsson.

The summit was a three day event covering all technical and business
aspects of wireless services on the IS-136 TDMA/WIN IS-41 standards.
Among the attendees were wireless carriers, vendors and analysts
from around the world.

Ericsson won Best TDMA Terminal, for the dual-band, dual-mode phone,
PD 398. The award for the Best TDMA/WIN Print Ad also went to
Ericsson for the 1997 international advertising campaign profiling
key customers (operators) and end users using D-AMPS IS-136 systems
and applications.

In addition, the prestigious UWC Founders Award was presented to
Sven-Christer Nilsson, President and CEO of Ericsson, in recognition
of his active role in the creation of the UWC Consortium and
long-term support for its leadership activities and role in the
wireless world.

Telecom New Zealand, for whom Ericsson provides the D-AMPS IS-136
network, won the Regional Carrier - Oceania award.

The UWCC is a global organization consisting of over 100 carriers
and vendors working together to promote the deployment and further
development of the IS-136 TDMA/WIN IS-41 standards. Additional
information about UWC can be found by visiting the UWC website at
uwcc.org 

Ericsson's 100,000 employees are active in more than 130 countries.
Their combined expertise in fixed and mobile networks, mobile phones
and infocom systems makes Ericsson a world-leading supplier in
telecommunications.

FOR FURTHER INFORMATION, PLEASE CONTACT

Lawrence Masle, Manager, Marketing & Communications
Cellular Systems - American standards, Ericsson Radio Systems AB
Tel. +46 8 764 13 50

Jan W„reby, Executive Vice President and General Manager
Cellular Systems - American standards, Ericsson Radio Systems AB
Tel. +46 8 757 05 58


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To: P2V who wrote (1646)5/25/1998 11:40:00 PM
From: P2V   of 5353
 
ERICSSON FORMS NEW COMPANY IN SWEDEN

The Swedish telecommunications market continues to develop with
increased competition. Ericsson will strengthen its ability to
support its customers by forming, on July 1, 1998, a new company,
Ericsson Sverige AB, with responsibility for all infrastructure and
systems related business with Telia as well as with new operators in
Sweden.

Ericsson will mobilize its joint resources for improved service to
individual customers through the formation of the new company. With
the new company Ericsson in Sweden will be organized in a way
similar to its organization in other major markets.

Ingemar Nilsson has been appointed head of the new company in
Sweden. Ingemar Nilsson is at present vice president, general
manager of business unit Public Networks within Infocom Systems. He
has previously held different management positions including as vice
president, general manager region Asia, Africa and Latin America and
as vice president, general manager region UK.

Ericsson's 100,000 employees are active in more than 130 countries.
Their combined expertise in fixed and mobile networks, mobile phones
and infocom systems makes Ericsson a world-leading supplier in
telecommunications.

FOR FURTHER INFORMATION, PLEASE CONTACT

G”ran Whitlock, Corporate Human Resources and Organization
Tel. +46 8 719 27 54, +46 70 519 27 54

Pia Gideon, Manager External Relations,
Ericsson Corporate Relations
Tel. +46 8 719 2864, or +46 70 519 2864


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To: P2V who wrote (1647)5/25/1998 11:41:00 PM
From: P2V   of 5353
 
ERICSSON APPOINTS NEW HEAD OF BUSINESS UNIT PUBLIC NETWORKS

Haijo Pietersma, today president of Ericsson in Holland, has been
appointed new head of business unit Public Networks within business
area Infocom Systems. He will take up his new position on July 1st,
1998 and succeeds Ingemar Nilsson who has been appointed head of the
new Swedish company, Ericsson Sverige AB.

As head of Ericsson in Holland, Haijo Pietersma has done a lot to
develop Ericsson's business there and the company has become one of
the most efficient and well-run in the Ericsson group. Haijo
Pietersma has previously held several management positions within
Ericsson, such as head of marketing and system development as well
as manager of business development for Central and Eastern Europe.

The market for fixed public networks continues to grow and shows no
signs of slowing for the foreseeable future, at the same time as
mobile telephony and separated Internet Protocol (IP) based
communication continue to show strong growth. These different types
of communication continue to complement each other rather than
compete against each other. Ericsson's strength lies in its ability
to offer total solutions based on a variety of systems.

New operators of fixed public networks demand modern system
solutions, at the same time as incumbent operators are investing in
upgrades, such as ISDN and ADSL. There remains firm growth potential
in large parts of the world, driven by the demand for basic,
reliable and cost-effective infrastructure. Internet access and
ATM-based communication integrated into today's public fixed
telecommunication networks also represent an increasing demand.

Earlier this spring, business unit Public Networks launched a new
generation of the successful AXE switch to meet this new demand. It
has been very well received by customers.

The goal for Public Networks is to strengthen its position as
leading supplier within the fixed public telecommunications network
market segment, including IP and datacommunications which are
integrated into the telecom systems.

"Our product portfolio within this area is stronger than ever and
our aim is to increase the rate at which we introduce new and
attractive solutions for our large customer- base as well as to new
operators. We intend to grow faster than the market and to increase
our competitiveness through swift industrial restructuring,
facilitated by new technology, something which we began in 1995,"
says Anders Igel, head of business area Infocom Systems.

Other business units within Ericsson focus on mobile
telecommunications and separate IP-based communication. In order to
sharpen the scope of Public Networks, the responsibility for the
so-called separate voice gateways and Internet Access Servers will
be transferred to business unit Datacom Networks and IP Services
within business area Infocom Systems on July 1st, 1998. Public
Networks' focus is on making Ericsson a world leader within
traditional telecom and on its further development well into the
next century.

Ericsson's 100,000 employees are active in more than 130 countries.
Their combined expertise in fixed and mobile networks, mobile phones
and infocom systems makes Ericsson a world-leading supplier in
telecommunications.

FOR FURTHER INFORMATION, PLEASE CONTACT

Per Zetterquist, Vice President, Communications,
Ericsson Business Area Infocom Systems
Tel. +46 8 719 04 75, or +46 70 519 0475


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To: P2V who wrote (1658)5/26/1998 7:56:00 AM
From: tonto   of 5353
 
ERICSSON TO DOWNSIZE OPERATIONS IN INDIA NEW DELHI

Ericsson is downsizing its operations in India and has deferred all major investments in view of the uncertain outlook for telecommunications in the country, said vice-president and general manager Anil Raj. He said the Swedish company will shut a few of its 19 offices in India and retrench some staff. He said Ericsson's unit in India is not profitable, but hopes to break even within three to four years.

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To: tonto who wrote (1659)5/26/1998 9:51:00 AM
From: P2V   of 5353
 
ERICSSON WINS USD 172 MILLION GSM CONTRACT IN HEILONGJIANG

Ericsson has signed USD 172 million (SEK 1,324 million) contract
with the Heilongjiang Posts and Telecommunications Administration
(HPTA) in China for the third expansion phase of the GSM network in
Harbin, the province's capital city.

Combined with the first part of this contract, signed April 29, the
total value of Ericsson's expansion contract amounts to USD 291
million (SEK 2,240 million), making it the largest contract signed
to date between Ericsson and the HPTA.

The new expanded GSM network is scheduled to be put into service at
year-end, bringing the capacity of the HPTA network to almost 2
million subscribers.

"This contract marks another milestone in our relationship with the
HPTA. We now look forward to further supporting HPTA to meet the
rapidly growing demand for communications as the province's economy
continues to expand," says Michael Ricks, Executive Vice President
and Chief Operating Officer, Ericsson (China) Co. Ltd.

Ericsson has been the sole supplier of GSM networks to Heilongjiang
since 1995. With this contract, the province has purchased more than
USD 500 million worth of GSM equipment from Ericsson.

Meanwhile, Ericsson China donated USD 120,000 (RMB 1 million) to the
HPTA to build schools in the province within the Hope Project.

GSM is the world's most widely deployed digital wireless
communications standard. Ericsson is the market leader in GSM
worldwide, with almost half the world's 80 million GSM subscribers
connected by Ericsson systems. More than 110 network operators in
some 60 countries around the world rely on Ericsson's GSM systems.

China is Ericsson's largest market. Ericsson China has more than
3,500 employees in 22 offices and 8 joint ventures providing the
full range of telecommunications solutions and products.

Ericsson's 100,000 employees are active in more than 130 countries.
Their combined expertise in fixed and mobile networks, mobile phones
and infocom systems makes Ericsson a world-leading supplier in
telecommunications.

FOR FURTHER INFORMATION, PLEASE CONTACT

Michael Ricks, Executive Vice President & Chief Operating Officer
Ericsson (China) Co. Ltd.
Tel. +86 10 6463 2288, Mobile +86 139 222 8955

Bo-Erik Dahlstr”m, Deputy General Manager,
Business Management & Operations China, Hong Kong & Macau
Tel. +46 585 30122, Mobile +46 70 511 9419

Caroline Freudenthal, Press Relations,
Ericsson Business Area Mobile Systems
Tel. +46 8 404 4552


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To: P2V who wrote (1660)5/27/1998 8:08:00 AM
From: P2V   of 5353
 
ERICSSON AND TELECEL SIGN AGREEMENT FOR DUAL BAND GSM 900/1800 AND
INTELLIGENT NETWORK DELIVERIES IN PORTUGAL

Ericsson and Telecel, the first private GSM operator in Portugal,
have signed a two-year agreement under which Ericsson will deliver a
GSM 900/1800 dual band solution for the extension of the existing
Telecel GSM 900 network. The new dual band network will be taken
into operation during 1998.

The expanded network will offer Enhanced Full Rate (EFR)speech
coding for crystal-clear, near fixed-line voice quality. With this
agreement Telecel will significantly increase its network capacity
as well as offer the best possible speech quality. The agreement
also contemplates adding new intelligent functionality in the
Telecel Network. The value of the expansion of the dual band network
and new intelligent functionality is around USD 40 million.

Ericsson has enjoyed a strong GSM presence in Portugal since 1992,
the year Ericsson and Telecel began their collaboration. Today, GSM
penetration in Portugal is over 18 percent and Telecel has over
850,000 customers.

"This agreement is the confirmation of the continuation of our very
successful relationship into the next millennium," said Peter
K„llberg, President of Ericsson Telecomunicacoes.

Antonio Carrapatoso, President of Telecel, Comunicacoes Pessoais,
S.A. said, "This agreement will help Telecel to continue to
differentiate in the market by its superior network coverage,
quality and innovation in providing leading edge products and
services to Telecel customers."

Ericsson is the clear market leader in integrated dual band GSM
900/1800 solutions, with 16 dual band networks currently in
operation or being readied in Asia and Europe. Ericsson has led the
field in implementing EFR speech quality, with the first enhanced
voice quality systems in all GSM frequency bands.

GSM is the world's most widely deployed digital wireless
communications standard. Ericsson is the market leader in GSM
worldwide, with almost half of the world's 80 million subscribers
connected by Ericsson systems. More than 110 network operators in
some 60 countries around the world rely on GSM systems.

Ericsson's 100,000 employees are active in more than 130 countries.
Their combined expertise in fixed and mobile networks, mobile phones
and infocom systems makes Ericsson a world-leading supplier in
telecommunications.

FOR FURTHER INFORMATION, PLEASE CONTACT

Peter K„llberg, President,
Ericsson Telecomunicacoes, Lda.
Tel. +351 1 446 60 00

Caroline Freudenthal, Press Relations Manager,
Ericsson Business Area Mobile Systems
Tel. +46 8 404 4552 or +46 70 325 4552


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