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Ericsson signs $150M contract in Russia

STOCKHOLM, Sweden-L.M. Ericsson has signed a $150 million contract with Russia’s largest mobile operator, OAO Mobile TeleSystems, to expand its GSM network capacity and coverage in six regions.

Ericsson will deliver switching and radio equipment, supporting both GSM and GPRS technology. The network also will be given EDGE capability, laying a foundation for network migration to third-generation technology.

The deliveries have started in all six regions and will be finalized by the end of 2005.

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