Robert Puskaric appointed Senior Vice President and Head of Business Unit Modems
Appointment effective as of May 7, 2014
Modems enters new phase as the first product M7450 is commercially available
Ericsson (NASDAQ:ERIC) appoints Robert Puskaric Senior Vice President and Head of Business Unit Modems. He will remain part of Ericssons Global Leadership Team. Puskaric brings extensive experience from modems business where he was head of Ericsson Mobile Platforms 2006-2009. Robert Puskaric succeeds Mats Norin, who has headed the integration of the modems business into Ericsson after the dismantling of the joint venture ST-Ericsson.
Hans Vestberg, President and CEO of Ericsson, said: Robert brings relevant experience and strong business acumen as the modems business enters a new and exciting phase. We now have one of the industrys most advanced LTE thin modem and are trialing with the first customers. Mats Norin has been instrumental in successfully bringing the M7450 to market and establishing the modems business as an integrated part of Ericsson.
Robert Puskaric has been Head of Ericssons region Northern Europe and Central Asia and member of Ericssons Global Leadership Team since 2010.
Robert Puskaric said: I am excited to take on this role and to return to the modems business. Modems will be an important part of realizing our vision of a Networked Society where anything that benefits from being connected will be connected. I am looking forward to joining the highly skilled team at Modems and ensure together that we successfully bring our portfolio to market.
Puskaric was born in Helsingborg, Sweden in 1969, and graduated with a Bachelors of Business Administration degree from the School of Economics and Management at Lund University, Sweden, in 1996.
Since August 2013, Ericsson has an LTE thin modems business with industry leading technology and intellectual property. The operation was integrated into Ericsson after the split-up of the joint venture ST-Ericsson last year. Modems are part of Ericssons vision of 50 billion connected devices and the ambition is to be a top-three supplier in the thin modems market. The first product, Ericsson M7450, was released for commercial use in the fourth quarter last year. Work is ongoing with a tier one smartphone manufacturer to integrate M7450 in their devices. Net sales are expected in the second half of 2014
NOTES TO EDITORS
Download high-resolution photos and broadcast-quality video at 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 more than 110,000 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 2013 were SEK 227.4 billion (USD 34.9 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.
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FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail: media.relations@ericsson.com
Ericsson Investor Relations
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Robert Puskaric appointed Senior Vice President and Head of Business Unit Modems 
