Ericsson will deploy a 4G network for the leading Icelandic operator Síminn. The agreement will strengthen Síminn’s position to serve its subscribers in both central and remote areas of the country. Ericsson Síminn will join their forces to provide access to innovative mobile broadband services, anywhere and anytime, and open new and exciting opportunities for the Icelandic consumers.

Síminn (Iceland Telecom) entered into a strategic partnership with Ericsson (NASDAQ: ERIC) to upgrade its 3G network and prepare for 4G roll-out across Iceland. With this, subscribers will experience higher speeds and benefit from improved network performance.

Under the five-year agreement, Ericsson will be the supplier of 4G/3G/2G radio access equipment and the common core network. Ericsson will also expand all relevant network software and deliver a range of professional services, including project management, systems integration and support.

Sævar Freyr Thráinsson, CEO Síminn, “The reason we are strengthening our 3G connections, despite the advent of 4G technology, is that not all our customers have smartphones or computers that support 4G. Only a fraction of the phones using our network are smartphones at the moment. We want to improve services to customers without forcing them to invest in expensive devices but still benefit from high mobile internet speed. Síminn is focusing on building a 4G network for people on the move and they will now be assured a good connection for their phones, tablets and laptops throughout the country.”

Ann Emilson, Vice President CU Nordic & Baltic operators, “With this agreement we further strengthen our long term strategic business relationship with Síminn and we are glad to be entrusted with the deployment of the next generation mobile network across Iceland so that the subscribers can enjoy enhanced mobile experience and reliable services. This partnership will enable new exciting opportunities for business, society and people in the country. Being a global LTE leader, Ericsson is committed to help Síminn meeting the growing demand for mobile broadband in Iceland.”

Ericsson is the market leader in commercial mobile broadband networks in the world, chosen by about half of the world’s telecom operators. The contract between Síminn and Ericsson strengthens the long term strategic partnership with the leading Icelandic operator and is designed to keep Síminn‘s customers on the best cellular network in existence.

The initial LTE roll-out is planned for fall 2013.

NOTES TO EDITORS

About Síminn (Iceland Telecom)

Iceland Telecom is the largest (and oldest) operator in Iceland - population approx. 350.000. Iceland Telecom is the leading provider of wireless communications services in Iceland, operating a 3G/2G mobile network reaching over 98% of Iceland's population, including the rural areas - and offering a wide range of mobile services.

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