Sony Ericsson and China Postel Mobile Communications Equipment Sign Agreement

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A major signing ceremony, between Sony Ericsson (the 50-50 joint venture between Sony and Ericsson) and China Postel Mobile Communications Equipment (China Postel), a subsidiary of China National Postal and Telecommunications Appliances Corporation (PTAC), took place on June 10th.

Tan Xinghui, President of PTAC and Chairman of China Postel, Carl-Henric Svanberg, in his capacity as Chairman of the Board of Sony Ericsson, and Gunilla Nordstrom, President of Sony Ericsson China, witnessed the agreement for USD 600 million of mobile phone purchasing.

Sony Ericsson also recently announced a Memorandum of Understanding with Shenzhen Telling Communications Corporation for mobile phone purchasing valued at more than USD 500 million.

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. -Ericsson

Anastvatz's picture

Posted June 11th, 2007 by Anastvatz

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