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Ericsson (ERIC) Selected as Exclusive Supplier to MTS Allstream for High Speed Network

November 10, 2009 10:16 AM EST
ERIC Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)
Ericsson (Nasdaq: ERIC) announced that it will provide Manitoba-based MTS Allstream a unique network solution to overlay its existing CDMA mobile network with HSPA+ technology. HSPA+ boosts network capacity and enables data rates of up to 21 Mbps which will significantly improve users' mobile broadband experience and increase data speeds across MTS Allstream's entire CDMA network.

In conjunction with the previously announced shared network and roaming agreement between MTS Allstream and Rogers, the technology overlay will give MTS Allstream's customer base improved access speeds as well as act as the foundation for MTS Allstream's future technology plans.

[SM]

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