Ericsson participates in B20 Summit

Under the G20 Summit (Group of 20 industrialized and emerging countries) framework, Ericsson (NASDAQ: ERIC) was invited to participate in the B20 (Business 20) Summit, an initiative in which business leaders have been engaged as corporate global citizens, working closely with other stakeholders to address seven of the most urgent global challenges. 

Humberto Rezende, Global Service Center Mexico (GSC) Director at Ericsson, represented the company as part of the group of private leaders invited to the event.

“The G20 Summit and particularly the work of the B20 Summit provide us with a valuable opportunity to share our experiences and actions that we are implementing together with our customers to develop business aimed at helping to solve priority concerns in emerging economies, such as Mexico, and insert themselves in an increasingly competitive global economy,” Rezende said.

Some of the topics discussed by Rezende with Summit attendees included the competitive advantages that Mexico offers to foreign investment and sharing Ericsson’s own experiences (such as the opening of the GSC), as well as the international perception of the competence and quality of Mexico’s human talent.

Earlier this year, Ericsson launched its new GSC in Mexico City, with an investment of USD $20 million. Now, more than 1,500 experienced Mexican workers have been hired, with a plan for an additional 5,000 professionals by 2015. The Center provides remote services with innovative technological systems to telecom networks operations for international operators.

NOTES TO EDITORS:

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.

Ericsson has been present in Latin America since 1896 when an agreement was signed in Colombia and for the first time company’s equipment was delivered in the region. In early 1900, Ericsson increased its presence in Latin America by signing trade agreements in Argentina, Brazil and Mexico. Today, Ericsson is present in 56 countries in South America, Central America, Mexico and the Caribbean, comprising a region with full Ericsson installations, including a Production Unit, a Center for Research and Development (R & D), and a Training Center. Ericsson is the leading telecommunications provider with more than 40 percent market share in Latin America and more than 100 contracts for telecommunications services in the region.

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FOR FURTHER INFORMATION, PLEASE CONTACT:

Luis Javier Flores
Public and Media Relations
Phone:. +52 55 1103 0442
Email: luis.javier.flores@ericsson.com