Wednesday, August 27, 2008

Ericsson Wins Exclusive GPON + IPTV Deal for King Abdullah Economic City

Ericsson announced an exclusive contract to supply broadband solutions for the planned King Abdullah Economic City, a massive development along the coast of the Red Sea backed by over $26.6 billion in funding. The five-year sole-supplier partnership agreement with Emaar, developer of the smart-city project, is the first for an end-to-end fixed network in Saudi Arabia for Ericsson. The residential area in the city is planned to include 260,000 apartments and 56,000 villas housing a future population of 2 million. Financial terms were not disclosed.

Ericsson said the project represents its first GPON- enabled IPTV contract in Saudi Arabia, the first fiber optic contract and the first fixed-network IMS contract where Ericsson provides systems integration and network rollout services. The contract brings together products from Ericsson's major acquisitions - Entrisphere, Marconi, Redback and TANDBERG Television - and the company's telecom services portfolio.