Ericon and China Mobile extend 5G cooperation

Ericsson joined China Mobiles 5G Innovation Center initiative at MWC 2016

Wide-ranging cooperation agreements between Ericsson and China Mobile on 5G, including 5G RAN and Core Network Evolution

China Mobile has 312 million 4G subscribers, the largest user base of a single operator

Ericsson (NASDAQ: ERIC) joins China Mobiles 5G Joint Innovation Center program to accelerate development of next-generation wireless networks, which will be faster, more powerful and offer even greater opportunities.

The agreement to broaden 5G cooperation was first announced at Mobile World Congress 2016 in Barcelona.

China Mobiles 5G Innovation Center initiative aims to accelerate the development of 5G by establishing a cross-industry ecosystem and setting up an open lab to provide a platform for new products and applications, and to foster new business and market opportunities.

In January 2016, Ericsson and the China Mobile Research Institute signed a Memorandum of Understanding (MoU) to collaborate on the development of its Open NFV Lab and the NovoNet. In December 2015 the parties also signed another MoU, covering an extensive range of 5G research and development cooperation.

As part of this agreement, Ericsson jointly demonstrated connected sheep/livestock tracking utilizing NB-IoT technology at China Mobiles booth during MWC 2016.

During MWC 2016, Shang Bing, chairman of China Mobile, paid a visit to Ericsson headquarters in Stockholm, Sweden, where he met Hans Vestberg, president and CEO of Ericsson.

While visiting Ericsson, Shan Bing said: China Mobile pays a lot of attention to the developing trends of this industry. We saw at MWC 2016 that the ICT industry will embrace transformation in the following 5 years. It is crucial for China Mobile and Ericsson, as the two ships of this industry, to stride forward in the right direction in the coming 5 years. Ericsson has been an important partner to China Mobile for a long time. China Mobile values the partnership with Ericsson and hope to have more cooperation with this important partner during the coming 5 year transformative period.

Hans Vestberg, president and CEO of Ericsson, said: 5G will enable people, industries and things to connect on an unprecedented scale, and this ability to connect will bring with it a whole new galaxy of devices and services. I am convinced Ericsson will lead the 5G evolution, and I also believe that working with partners like China Mobile is significant to realize the Networked Society.

NOTES TO EDITORS

5G media kit

Ericsson and China Mobile launch 5G collaboration

For media kits, backgrounders and high-resolution photos, please visit www.ericsson.com/press

Ericsson is the driving force behind the Networked Society - a world leader in communications technology and services. Our long-term relationships with every major telecom operator in the world allow people, business and society to fulfill their potential and create a more sustainable future.

Our services, software and infrastructure - especially in mobility, broadband and the cloud - are enabling the telecom industry and other sectors to do better business, increase efficiency, improve the user experience and capture new opportunities.

With approximately 115,000 professionals and customers in 180 countries, we combine global scale with technology and services leadership. We support networks that connect more than 2.5 billion subscribers. Forty percent of the worlds mobile traffic is carried over Ericsson networks. And our investments in research and development ensure that our solutions - and our customers - stay in front.

Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales in 2015 were SEK 246.9 billion (USD 29.4 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.

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LINK:	http://www.ericsson.com/uk/thecompany/press/releases/2016/03/1993097...
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