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Ericsson and Hutchison Telecom Hong Kong signed managed services contract


Thursday, February 9 2006, Ericsson (NASDAQ:ERICY) and Hutchison Telecommunications (Hong Kong) Limited (“Hutchison Telecom Hong Kong”) have entered into a managed services agreement. Under the agreement, Ericsson is responsible for the management of telecom applications development and most of the back-end business support systems for Hutchison Telecom Hong Kong.

Peter Wong, Chief Executive Officer, Hutchison Telecom Hong Kong, says “By entering into this managed services partnership with Ericsson for the management of our telecom applications development in Hong Kong, we can now focus even more on our business of providing a convergence of communications, entertainment and information services to our customers. The partnership also further strengthens our market leadership on the development of 3G services in Hong Kong.”

Johan Adler, President, Ericsson Hong Kong underlines that dynamic and innovative operators such as Hutchison enter managed services partnerships in order to strengthen their focus on the consumers. “With this managed services contract we provide our extensive management expertise for Hutchison Telecom Hong Kong and also allow them to focus more on consumer services and quality.”

This is the first managed services agreement Ericsson ever signed in Greater China. The new alliance demonstrates our commitment in the region and also optimizes our organizational structure to support continual growth in the managed services area in Hong Kong and Mainland China.

This Ericsson’s fifth managed services contract with the Hutchison Whampoa Group, adding Hong Kong to the successful joint operations in Australia, Italy, Scandinavia and UK.

Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.

About Ericsson’s Managed Services offering
Ericsson’s managed services offering covers management of day-to-day operations of a customer’s network and can also include managed capacity for efficient network build out and on-demand capacity, as well as hosting of applications and content management. As the undisputed industry leader in managed services, Ericsson has officially announced well over 60 managed services contracts with operators worldwide since 2002. In all current managed services contracts, excluding hosting, Ericsson is managing networks that together serve more than 53 million subscribers worldwide.


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