VimpelCom signs 5-year managed services contract with Ericsson

VimpelCom signs 5-year managed services contract with Ericsson 
STOCKHOLM, SWEDEN -- (Marketwire) -- 02/14/13 --  
* VimpelCom subscribers in Siberia and the Urals to enjoy
improved network
quality and end-user experience 
* More than 400 VimpelCom employees to join Ericsson in the
company's first
major managed services contract in Russia 
* Contract covers management of both fixed and mobile networks,
including more
than 10,000 base stations in 41 cities and more than
10,000km of optical transport cables 
VimpelCom, one of the world's 10 largest integrated
telecommunications services
operators, has signed a managed services
contract with Ericsson (NASDAQ: ERIC). Under the five year agreement,
Ericsson will manage network operations on VimpelCom's behalf at more
than 10,000 sites, as well as overseeing more than
10,000km of
optical transport cables and an extensive fixed network across
Siberia and the Urals in Russia. 
Ericsson will be responsible for network operations and field
maintenance for
active and passive network components, for the
operator's mobile, fixed and transport networks. 
As part of the agreement over 400 VimpelCom employees spread over 41
across Siberia and the Urals will be transferred to
Ericsson in April. 
"This agreement meets VimpelCom's long-term plans in strategic
programs to increase operating efficiency. The transfer of network
maintenance and support
to Ericsson will allow us to more effectively
optimize costs and network management. Similar projects have already
become standard practice in the world,
and we are actively supporting
this trend, as we see the effectiveness of this
model with examples
of global operators. We are confident that the knowledge and
experience of Ericsson in the extended network service and support,
will allow
us to maximize our focus on business development, improve
the quality of services for our customers and provide additional
quality services"- said Anton
Kudryashov, General Director of Joint
Stock Company" VimpelCom." 
Valter D'Avino, Head of Managed Services, Ericsson, says: "This is
our first
major managed services contract in Russia. With Ericsson
managing the operations
of its network, VimpelCom will be able to
reduce its operational expenditure and focus even more on providing
innovative solutions for its customers." 
This contract will result in a major expansion of Ericsson's services
in Russia, a country that is of great strategic importance.
With more than 60,000 service professionals working in 180 countries,
Ericsson is the undisputed leader in managed services and has the
scale required to meet the
needs of operators worldwide. 
Ericsson Managed Services press backgrounder 
Ericsson Global Services media kit: 
Download high-resolution photos and broadcast-quality video at 
Ericsson is the world's leading provider of communications technology
and services. We are enabling the Networked Society with efficient
real-time solutions that allow us all to study, work and live our
lives more freely, in
sustainable societies around the world. 
Our offering comprises services, software and infrastructure within
and Communications Technology for telecom operators and
other industries. Today
more than 40 percent of the world's mobile
traffic goes through Ericsson networks and we support customers'
networks servicing more than 2.5 billion subscribers. 
We operate in 180 countries and employ more than 100,000 people.
Founded in 1876, Ericsson is headquartered in Stockholm, Sweden. In
2011 the company's net
sales were SEK 226.9 billion (USD 35.0
billion). Ericsson is listed on  NASDAQ
OMX, Stockholm and NASDAQ,
New York stock exchanges.

VimpelCom signs 5-year managed services contract with Ericsson: 
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