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Vodafone's Project Spring Awards Ericsson With 5 Year Deal

Stocks in this article: ERIC

  • Ericsson has been awarded with a five year deal as part of Vodafone's Project Spring organic investment programme 
  • The contract includes upgrading and expansion of Vodafone's 2G and 3G network and ambitious build-out of 4G LTE along with professional services such as network-roll out, integration, tuning & optimization as well as support services
  • Ericsson's service professionals will transform Vodafone network into a market leading high-performance network for mobile broadband with full 4G LTE support

STOCKHOLM, Sweden, Feb. 26, 2014 (GLOBE NEWSWIRE) --

Vodafone, one of the world's largest telecommunications companies, has awarded Ericsson (NASDAQ: ERIC) with a 5 year agreement as part of its Project Spring organic investment programme initial phase.  This network transformation contract includes both products and services to further enhance the Vodafone network quality and provide superior end-user performance.

Ericsson has earlier secured a strong footprint in established markets with Vodafone and will now be part of Vodafone's aggressive growth plan for both coverage and capacity under Project Spring.  Ericsson's service professionals will transform the Vodafone network into a market leading high-performance network for mobile broadband with full 4G LTE support.

The products part of the agreement include Ericsson's full RBS 6000 portfolio as well as Ericsson's unique Antenna Integrated Radio (AIR) product.

Hans Vestberg President and CEO, Ericsson, said:  "We have been a trusted partner of Vodafone for 30 years and we are delighted to continue and expand our relationship with this latest award under Project Spring" 

Ericsson services professionals will help Vodafone address all of the challenges associated with deploying 2G/3G/4G networks, assuming responsibility for everything from planning, end-to-end network rollout, tuning and optimization.

NOTES TO EDITORS

Vodafone takes lead with Ericsson Radio Dot System

Ericsson LTE Media Kit

Download high-resolution photos and broadcast-quality video at www.ericsson.com/press

Ericsson is a world-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 Information and Communications Technology for telecom operators and other industries. Today 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 are more than 110,000 people working with customers in more than 180 countries. Founded in 1876, Ericsson is headquartered in Stockholm, Sweden. In 2013 the company's net sales were SEK 227.4 billion (USD 34.9 billion). Ericsson is listed on NASDAQ OMX, Stockholm and NASDAQ, New York stock exchanges.

www.ericsson.com   www.ericsson.com/news www.twitter.com/ericssonpress www.facebook.com/ericsson www.youtube.com/ericsson

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