This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Telefonica Vivo Selects Ericsson For Brazilian Digital City Project

  • Ericsson will be the prime integrator for the smart parking and smart lighting in the Águas de São Pedro digital city project in São Paolo, Brazil
  • Ericsson is facilitating systems integration to deliver and integrate these smart solutions across Telefônica Vivo's network

STOCKHOLM, Sweden, May 13, 2014 (GLOBE NEWSWIRE) -- Ericsson (Nasdaq:ERIC) has been chosen by Telefônica Vivo to integrate the smart parking and smart lighting for its digital city project in Águas de São Pedro, Brazil. Collaborating with leading technology partners, Ericsson will be responsible for providing smart lighting and smart parking solutions and for system integration. The design, installation and rollout of the project are all included in the scope of the agreement, as is responsibility for managed services, including operations and maintenance, once it has been rolled out.

As part of the smart lighting project, Ericsson will deliver and install a solution enabling the public energy system to remotely control and monitor the energy consumption of each light point, switching lighting on and off where necessary.

Remote monitoring will report any faults that occur and allow for remote maintenance to be carried out, leading to savings and cost effective operation as well as contributing to environmental sustainability.

Antonio Carlos Valente, president of Telefônica Group says: "The digital city project in Águas de São Pedro is one of our most exciting initiatives in Brazil. We are happy to continue our close relationship with Ericsson around the globe to deliver this important project in Brazil."

Eduardo Ricotta, Vice President, Latin America at Ericsson says: "The explosive growth of cities and the rapid uptake of broadband are happening at the same time as the world faces economic and environmental challenges. To ensure that our cities become creative, connected and sustainable is a challenge but also a tremendous opportunity. The smart parking project is a fantastic example of one such opportunity and an example of what we can do in the future, especially at Águas de São Pedro, the first digital city in Brazil."

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,053.32 +2.57 0.02%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,818.8480 +8.06 0.17%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs