Ericsson : Atlantique Telecom selects Ericsson to manage African networks *Five-year contract for Ericsson to manage mobile networks for Atlantique Telecom in its Western and Central African operations *Up to 10 million subscribers stand to benefit from improved network quality. *Partnership supports Atlantique Telecom's focus on leading a new generation of operators in Africa. Atlantique Telecom, part of The Etisalat Group, today announced that it has entered a five year multi-country managed services agreement with Ericsson (NASDAQ: ERIC) to manage its entire mobile networks. During the past decade, the number of mobile connections in Africa has grown an average of 30% per year and the growth pace is not slowing down. Atlantique Telecom aims to develop offerings based on value-added services to its growing subscriber base, taking into account the specific requirements of each consumer and providing solutions tailored to their expectations. This agreement enables Etisalat to focus even more on their core business - delivering innovative offerings to their customers. Nagi Abboud, CEO of Atlantique Telecom said: "With the evolution of the competitive landscape in our markets, we need to adapt our operating model to provide a better service to our end users. Adopting this business outsourcing model is therefore an important step in our group strategy execution that will be for the benefit of our subscribers, who remain our top priority, and this will, as well, open new growth opportunities to our employees." Lars Lindén, Head of Ericsson in region sub-Saharan Africa says, "Managed services is a proven business model to support operators in growth mode and it is one of the most dynamic areas in our industry. Our work together will support Atlantique Telecom in defining a new generation of operators in Africa." The contract covers network operations, field maintenance, network optimization and spare parts management for Etisalat' s multivendor mobile networks, including access, core and transmission, as well as value added services. NOTES TO EDITORS Download high-resolution photos and broadcast-quality video at www.ericsson.com/press 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 2.5 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's net sales were 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 www.facebook.com/ericsson www.youtube.com/ericssonpress About Atlantique Telecom: Atlantique Telecom is part of Etisalat Group, with operations in Benin, Central Africa Republic, Côte d'Ivoire, Gabon, Niger and Togo Strong commitment to excellence and innovation has seen Etisalat become one of the world's fastest-growing telecom groups, rapidly expanding across Asia and Africa. Its UAE operations, strategically located at the crossroads of East and West, enables Etisalat to be the major hub in the Middle East for Internet, voice, broadcast, roaming and corporate data services. Etisalat has been recognised as 'Best Operator' 10 times since 2006 and 'Best Wholesale Provider' four times in the last three years. Servicing over 130 million customers in 15 countries Etisalat continues to reach out to new customers and markets. FOR FURTHER INFORMATION, PLEASE CONTACT Ericsson Corporate Communications Phone: +46 10 719 69 92 E-mail: email@example.com Ericsson Investor Relations Telefon: +46 10719 00 00 E-post: firstname.lastname@example.org ------------------------------------------------------------------------------ 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 via Thomson Reuters ONE HUG#1684798
Ericsson : Atlantique Telecom selects Ericsson to manage African networks
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