Ericsson in exclusive broadband deal for flagship Saudi tech city
Ericsson (NASDAQ:ERIC) is to supply, build, integrate operate and manage multiplay communications infrastructure for Saudi Arabia's high-tech flagship, King Abdullah Economic City. 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.
This turnkey agreement award breaks new ground in Saudi Arabia as Ericsson's first GPON- enabled IPTV contract, 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.
The network will provide innovative services - using latest GPON fiber-to-the home technology, enabling advanced multimedia services for TV, PC and telephones. Services such as IP telephony, movies-on-demand, personalized TV, Super fast Internet and data services are being provided at competitive prices for King Abdullah Economic City's 2 million residents.
Fahd Al-Rasheed, CEO of Emaar the Economic City, says: "This partnership sets the foundation for King Abdullah Economic City to be the world's first truly smart city."
Omar Al-Khudairi, Ethraa Smart City Senior Director, described the deal to build the smart city's infrastructure in alliance with Ericsson as a global benchmark from all perspectives.
Jan Kemvall, President, Ericsson Saudi Arabia, says: "It is a great privilege to be a partner with Emaar in building King Abdullah Economic city. There are many opportunities to add value because we will deliver and operate the communication infrastructure across the city."
This turnkey agreement award breaks new ground in Saudi Arabia as Ericsson's first GPON- enabled IPTV contract, 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.
The network will provide innovative services - using latest GPON fiber-to-the home technology, enabling advanced multimedia services for TV, PC and telephones. Services such as IP telephony, movies-on-demand, personalized TV, Super fast Internet and data services are being provided at competitive prices for King Abdullah Economic City's 2 million residents.
Fahd Al-Rasheed, CEO of Emaar the Economic City, says: "This partnership sets the foundation for King Abdullah Economic City to be the world's first truly smart city."
Omar Al-Khudairi, Ethraa Smart City Senior Director, described the deal to build the smart city's infrastructure in alliance with Ericsson as a global benchmark from all perspectives.
Jan Kemvall, President, Ericsson Saudi Arabia, says: "It is a great privilege to be a partner with Emaar in building King Abdullah Economic city. There are many opportunities to add value because we will deliver and operate the communication infrastructure across the city."
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