Ericsson in India's first 4G TD-LTE deal

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Mumbai: Ericsson, the world's top telecoms gear maker, said on Friday it has signed India's first-ever equipment contract for a wireless broadband network based on fourth-generation TD-LTE technology.

Ericsson did not give the name of the customer or financial details.

The company will hold a news conference in New Delhi on Tuesday, which will be jointly addressed by the president of its India unit and the customer, Ericsson's India unit said in a media invite.

Several companies including India's Reliance Industries, U.S. chipmaker Qualcomm and Indian mobile market leader Bharti Airtel won wireless broadband spectrum in a state auction last year, but are yet to launch services.

Source:The Financial Express
 
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