09/12/2009 By Elaine Hardcastle, Ruma Paul ( Source: www.reuters.com )

Ericsson says wins Bangladesh telecom order

Ericsson (ERICb.ST), the world's biggest maker of mobile phone network equipment, said on Wednesday it had won an order from Bangladesh's state-owned cellphone operator Teletalk to upgrade its network.

Technology

The deal will help Teletalk achieve more flexibility in its network designs, leading to faster implementations at lower costs, Ericsson said in a statement.

Ericsson did not give any financial details.
Bangladesh's mobile sector has grown rapidly, with subscriber numbers reaching over 51 million at end-October from 200,000 in 2001, helped by competitive tariffs, cheap handsets and steady economic growth.