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Ericsson Launches World's First LTE-Enabled Business Gateway; Now Certified on Verizon 4G LTE

Date : 05/08/2012 @ 8:09AM
Source : Marketwired
Stock : Ericsson - Ads Each Representing 1 Underlying Class B Share (MM) (ERIC)
Quote : 12.675  0.015 (0.12%) @ 5:11AM
Ericsson - Ads Each Representing 1 Underlying Class B Share (MM) share price Chart

Ericsson Launches World's First LTE-Enabled Business Gateway; Now Certified on Verizon 4G LTE

Ericsson - Ads Each Representing 1 Underlying Class B Share (MM) (NASDAQ:ERIC)
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* Fully-integrated wireless PBX communication system enables rapid deployment of voice and data services for enterprise and business customers

* 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 announced today.

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 network 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 and 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 on 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 solution," 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 covering 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: www.ericsson.com/broadcast_room

ABOUT ERICSSON

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 Information and Communications Technology for telecom operators and other industries. Today more than 40 percent of the world's mobile traffic goes through Ericsson networks and we support customers' networks servicing more than 2 billion subscribers.

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.

www.ericsson.com
www.twitter.com/ericssonpress
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ABOUT VERIZON WIRELESS

Verizon Wireless operates the nation's largest 4G LTE network and largest, most reliable 3G network. The company serves 93.0 million retail customers, including 88.0 million retail postpaid customers. Headquartered in Basking Ridge, N.J., with 80,000 employees nationwide, Verizon Wireless is a joint venture of Verizon 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 operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.

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 [HUG#1609608]

FOR FURTHER INFORMATION, PLEASE CONTACT Ericsson Media Relations North America Kathy Egan Phone: +1 212 843 8422 E-mail: Email Contact Verizon Wireless Media Relations Debra Lewis Phone : 908-559-7512 E-mail : Email Contact Ericsson Corporate Public & Media Relations Phone: +46 10 719 69 92 E-mail: Email Contact



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