Ericsson Signs $1.8 Bil. Deals with China Mobile, Unicom
By wchung | 16 Jun, 2026
Swedish wireless equipment maker L.M. Ericsson AB says it has signed deals worth $1.8 billion with Chinese operators China Mobile and China Unicom.
Ericsson says it signed a $1 billion agreement Monday to provide a radio access network and technology to China Mobile, the world’s largest phone company by subscribers.
The new technology will boost the capacity of the company’s network and develop it into a so-called internet protocol network.
Ericsson also signed a $800 million contract to provide a faster, third-generation network to China’s no. 2 mobile company, China Unicom.
Both contracts will be implemented this year.
STOCKHOLM (AP)
© 2026 by Asian Media Group Inc.
Recent Articles
- US Senate Narrowly Blocks New Bid to Rein in Trump War Powers
- BYD Ramps up Battery Production in Brazil
- Intel Begins Chip Production with New Fabrication Process
- 'Wingman' Drone Key Piece of EU's Defense Self-Reliance
- Keiko Fujimori Edges Ahead in Brutal Contested Vote Count
- Chip Queen He Tingbo Subverts Moore's Law to Overturn the Global Semiconductor Hierarchy
- Only 30% of Americans Consider the US the World's Greatest Country
- US Spends $25,000 a Month to Store Unusable Contraceptives Stuck in Belgium
- AI Optical Parts Maker Zhongji Innolight Eyes $7 Billion Hong Kong Listing
- US-Iran Peace Deal Kicks the Can Down the Road