Ericsson (NASDAQ: ERIC), working together with Verizon Wireless, will demonstrate the future of wireless during the Consumer Electronics Show in Las Vegas by showcasing the capability of Long Term Evolution (LTE) from January 7-10, 2010.
Ericsson will demonstrate a full suite of enterprise scenarios which will show, through real-world examples, how future LTE networks will benefit enterprise customers.
"Ericsson not only understands the technology to deliver LTE, but we also understand how consumers and businesses can utilize the technology," said Angel Ruiz, President and CEO of Ericsson North America. "Our goal is to demonstrate true innovative solutions for the end-user, not just applications."
The demonstrations will include:
LTE, the next generation of mobile communication technology, enables the fast transfer of huge amounts of data in an efficient and cost-effective way, optimizing the use of the frequency band. With decreased latency, consumers can enjoy whatever service is available online - streaming video, network games - effortlessly and on the move.
Supplied by Ericsson, TeliaSonera recently launched the world's first and largest LTE service in Stockholm. Ericsson has to date signed commercial LTE contracts with four major operators, including Verizon Wireless (USA), MetroPCS (USA), NTT DoCoMo (Japan) and Telia Sonera (Sweden).
Notes to editors:
Ericsson LTE Achievement List: www.ericsson.com/ericsson/press/facts_figures/lte_achievement.shtml
Ericsson's multimedia content is available at the broadcast room: www.ericsson.com/broadcast_room
Ericsson is the world's leading provider of technology and services to telecom operators. Ericsson is the leader in 2G, 3G and 4G mobile technologies, and provides support for networks with over 1 billion subscribers and has a leading position in managed services. The company's portfolio comprises of mobile and fixed network infrastructure, telecom services, software, broadband and multimedia solutions for operators, enterprises and the media industry. The Sony Ericsson and ST-Ericsson joint ventures provide consumers with feature-rich personal mobile devices.
Ericsson is advancing its vision of "to be the prime driver in an all-communicating world" through innovation, technology, and sustainable business solutions. Working in 175 countries, more than 75,000 employees generated revenue of SEK 209 billion (USD 32.2 billion) in 2008. Founded in 1876 with the headquarters in Stockholm, Sweden, Ericsson is listed on OMX NASDAQ, Stockholm and NASDAQ New York.
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