"This contract marks another significant milestone for Ericsson and further consolidates our network leadership in the region," said Mats H Olsson, President of Ericsson China & North East Asia. "With our continued innovation in technology, services and design, we are committed to further enhance China Mobile's mobile services in Hong Kong and extend our long-standing relationship with the operator."

Under the agreement, Ericsson will deliver the TD-LTE radio access network, network management using Ericsson OSS-RC, Evolved Packet Core network expansion and upgrade,consulting and systems integration services as well related design, training and support services.

Ericsson has now signed 67 LTE/EPC contracts in 30 countries on five continents. We have a well proven LTE solution, outperforming competition, and according to measurements end of 2011, we have a 60% market share measured in LTE volumes.