Ericsson Connected Vehicle Cloud awarded Most Innovative LTE Service. Ericsson Cloud Manager highlighted as NFV Innovation of the Year. Cloud solutions from Ericsson driving evolving Networked Society.

Ericsson (NASDAQ:ERIC) today announced that it was presented with two awards for LTE innovation at the North America LTE Awards event held on November 19 in Dallas, TX. Ericsson Connected Vehicle Cloud was recognized for Most Innovative LTE Service and Ericsson Cloud Manager for NFV Innovation of the Year. The annual awards program honors excellence in LTE.

"The "Networked Society" encompasses billions of connected people and devices in an increasingly mobile world with cloud-based access to everything," said Elisabetta Romano, Vice President and Head of OSS and Service Enablement, Business Unit Support Solutions, Ericsson. "LTE is changing how consumers connect to the world and our Connected Vehicle Cloud and Cloud Manager make these services even more valuable to consumers."

Ericsson Connected Vehicle Cloud builds on telecom network capabilities to deliver dramatically improved quality of experience, and creates new business opportunities for the automotive ecosystem and new M2M revenue streams for operators. The automotive industry is an increasingly global business, and connecting vehicles demands a new, profitable and innovative business model that will leverage the potential of the automotive ecosystem with other connected industries. Ericsson’s Connected Vehicle Cloud will continue to evolve as the single point of connection for vehicles in this evolving eco-system.

Ericsson Cloud Manager lets service providers realize revenues from new communication services, such as voice over LTE (VoLTE), as well as optimize cost from more efficient and automated operations. It provides the speed, agility, and accuracy needed to deliver higher levels of innovation and cloud service quality to end users while still matching customer quality expectation.

The cloud is modernizing networks, supporting speed, agility and innovation, making it possible to add unprecedented new services. Ericsson is strongly focused on this domain, with worldwide cloud deployments allowing for market-leading innovation. These rollouts are powered by Ericsson Cloud Manager, which is giving service providers the network flexibility needed to easily meet the fast-changing demands of emerging services.

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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, businesses and societies 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 world’s 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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