M-Tel launches LTE network in Bulgaria, expands partnership with Ericsson
(M2 PressWIRE Via Acquire Media NewsEdge) M-Tel launches LTE services for its business customers in Bulgaria First step towards provision of top-quality services to more than 4 million end users First LTE launch in Bulgaria
Ericsson, the world's leading provider of communications technology and services, today announces that helped M-Tel to launch LTE services for its customers in Bulgaria in January 2012. This development followed the successful LTE demonstration in September 2011, and marked the first step towards the provision of high-quality mobile broadband services to more than 4 million customers, as well as the first launch of LTE services in Bulgaria.
Horst Pertl, CTO, M-Tel Bulgaria, says: "Deployment of LTE technology will benefit Bulgarian society as a whole. According to research, a 10 percentage point increase in broadband penetration results in an approximately 1 percentage point sustainable GDP increase. That's why M-Tel is investing in developing an LTE network."
Maurizio De Dominicis, Head of Ericsson in Southeastern Europe, says: "Innovation is driven by people and Ericsson is the right partner to support M-Tel's vision of contributing to Bulgarian society. Being first to launch LTE in Bulgaria is a great achievement for M-Tel and all of us at Ericsson are committed to supporting them in this new journey."
In addition to supplying infrastructure, equipment and software, Ericsson designed, deployed and optimized the new LTE network. Ericsson's unique combination of quality, speed and reliability continues to make it the partner of choice. Notes to editors
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Ericsson is the world's leading provider of communications technology and services. We are enabling the Networked Society with efficient real-time solutions that allow us all to study, work and live our lives more freely, in sustainable societies around the world.
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Mobiltel is part of Telekom Austria Group and is the communications market leader in Bulgaria, as well as one of the most successful telecom operators in Europe with 5.5 million clients and 48.6 % market share. M-Tel proved its position of full telecom provider after the acquisition of fiber operators in 2011, thus offering to the clients mobile and fixed services, broadband Internet, as well as high quality IPTV.
Over the last years, since Mobiltel became part of TAG, it has invested in the network nearly EUR 700 million. The telecom's investment as percentage of the GDP is the highest in EU. In Bulgaria the telecom sector generates incomes of 5.3% of GDP, compared to the EU average of 2.8%. Mobiltel has an important role as an engine of the economy and the society in Bulgaria. www.mtel.bg For further information, please contact Ericsson Corporate Public & Media Relations Phone: +46 10 719 69 92 E-mail: email@example.com Ericsson Investor Relations Phone: +46 10 719 00 00 E-mail: firstname.lastname@example.org
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