MOZAMBIQUE'S MCEL SIGNS FRAME AGREEMENT WITH ERICSSON

Telecoms

Ericsson SA has entered into a frame agreement with mCel, Mozambique's leading cellular provider, that will be worth US$10 million over three years.The agreement was set in place to allow mCel to cater for the expected expansion of its mobile GSM network. Under the terms of the deal, Ericsson will initially supply the Microwave transmission equipment for mCel as well as support services. The first purchase order comprises the supply of Mini Link transmission equipment to the value of MUSD 1,7.