Telstra's decision to halt investments in a new high-speed network will not affect Ericsson's contracts to upgrade the Australian carrier's mobile network, an Ericsson spokeswoman, quoted by a Dow Jones report, said.
The Dow Jones report said Telstra had abandoned plans to build a A$4 billion high-speed fiber-to-the-node network after reaching an 'impasse' with the regulator.
'This doesn't concern us. Our contracts with Telstra continue as before,' Ericsson spokeswoman Kristina Haegg-Blecher was quoted by Dow Jones as saying.
Ericsson is a key supplier to Telstra's expanded and upgraded third-generation mobile network which is planned to be operational by March of next year, the Dow Jones report said.
Ericsson hasn't given a contract value for the Australian order but Telstra is reported to plan a A$1 billion investment in the network, the report added.