Ericsson - Ads Each Representing 1 Underlying Class B Share (MM) (NASDAQ:ERIC)
Historical Stock Chart
5 Years : From Jul 2011 to Jul 2016
* Fully-integrated wireless PBX communication system enables rapid
deployment of voice and data services for enterprise and business
* Ericsson Converged Workspace provides voice, data, security, network
resiliency and WiFi from a single device
* Certified on the Verizon 4G LTE network
The Ericsson Converged Workspace (ECW) is certified for use on the Verizon 4G
LTE network and is now available from Ericsson (NASDAQ: ERIC), the companies
The ECW functions as an "office in a box" for enterprise and small/medium
business customers. It provides the ability to rapidly deploy voice and data
services in work locations that are temporary, hard to reach, need to have a
standardized connection or updated infrastructure.
With the Ericsson Converged Workspace, a small business or branch office has
immediate access to simultaneous voice calling services over the mobile
or VoIP, full multi-user Internet access, LAN, Wi-Fi and routing services and
full PBX functionality.
"This innovative blend of advanced features and interfaces enhances business
productivity and reduces costs," said Angel Ruiz, head of Ericsson North
American operations. "The ECW will be a significant technological leap forward
for branch offices or small businesses, which make up more than 90 percent of
all businesses in the United States."
The ECW can be used when businesses want to be entirely wireless or provide an
automatic 4G LTE backup solution when bundled with Ethernet-based internet
service. The ECW can also be configured to integrate traditional POTS lines
WAN access via DSL or cable, providing even more flexibility to operators and
their small business customers.
Adding 4G LTE expands the opportunity to address the needs of millions of
additional small businesses, branch offices or home workers with one network
without traditional limitations of the last mile connection.
The ECW is the result of collaboration begun as part of Verizon's Innovation
Program, of which Ericsson is a founding participant.
"The ECW is one of many innovative solutions Verizon and Ericsson have worked
together at the Innovation Center, and now that it is certified to work on our
4G LTE network, customers will have the opportunity to experience the
said Jim Wales, executive director, Innovation Program at Verizon Wireless.
Verizon Wireless and Ericsson are strategic partners for the 4G LTE ecosystem.
Verizon Wireless' 4G LTE network is currently available in 230 markets
two-thirds of the population in the United States.
NOTES TO EDITORS
More details on the Ericsson Converged Workspace at www.ericsson.com/ecw
Our multimedia content is available at the broadcast room:
Ericsson is the world's 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
and Communications Technology for telecom operators and other industries.
more than 40 percent of the world's mobile traffic goes through Ericsson
networks and we support customers' networks servicing more than 2 billion
We operate in 180 countries and employ more than 100,000 people. Founded in
1876, Ericsson is headquartered in Stockholm, Sweden. In 2011 the company had
revenues of SEK 226,9 billion (USD 35,0 billion). Ericsson is listed on NASDAQ
OMX, Stockholm and NASDAQ, New York stock exchanges.
ABOUT VERIZON WIRELESS
Verizon Wireless operates the nation's largest 4G LTE network and largest,
reliable 3G network. The company serves 93.0 million retail customers,
88.0 million retail postpaid customers. Headquartered in Basking Ridge, N.J.,
with 80,000 employees nationwide, Verizon Wireless is a joint venture of
Communications (NYSE, NASDAQ: VZ) and Vodafone (LSE, NASDAQ: VOD). For more
information, visit www.verizonwireless.com. To preview and request
broadcast-quality video footage and high-resolution stills of Verizon Wireless
log on to the Verizon Wireless Multimedia Library at
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ericsson North America via Thomson Reuters ONE
FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Media Relations North America
Phone: +1 212 843 8422
E-mail: Email Contact
Verizon Wireless Media Relations
Phone : 908-559-7512
E-mail : Email Contact
Ericsson Corporate Public & Media Relations
Phone: +46 10 719 69 92
E-mail: Email Contact