Ericsson announces broadband contracts in China

Swedish telecom equipment maker Ericsson (ERICb.ST) said on Friday it had signed contracts with China's top three telecom operators to provide fixed-line broadband access.

Ericsson, the world's biggest mobile network maker, said in a statement China Mobile (0941.HK), China Unicom (0762.HK) and China Telecom (0728.HK) were upgrading their networks to provide services such as high-speed broadband and high-definition IPTV.

The company, which did not reveal any financial details on the deal, said it would also provide services such as training, network design, support services and consultancy.

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