Skanska and Ericsson in global cooperation for fast 3G roll-out

Skanska and Ericsson in global cooperation for fast 3G roll-out Skanska, world leading in construction-related services and project management, and Ericsson, world leaders in mobile telephony, are cooperating to construct UMTS networks. The two companies are combining their expertise and capacity to meet the growing demand for fast rollout, primarily the next generation telecom system, UMTS. The companies' joint capability to provide rapid building of turnkey projects will be of decisive importance for the 3G operators. "In establishing a close cooperation with leading companies in the construction services industry Ericsson is maintaining the position as the largest turnkey supplier in telecommunication solutions," says Melker Norlund, Vice President, Division Global Services, Ericsson. "This underscores the competitiveness and strength of Ericsson's 3G offering and our ability to offer total solutions to operators worldwide." "Ericsson is the world leader of UMTS technology and Skanska is the world leader in management of large and complex projects, which gives us a market advantage, with major opportunities for both companies.", says Melker Norlund "We firmly believe that the close cooperation between Ericsson and Skanska will give added value to the customers who, through this joint endeavor, will be able to benefit from both companies' combined global experience," adds Antti Kuivalainen, President of Skanska Telecom Networks, Skanska's specialized unit for datacom and telecom infrastructure. Ericsson is selected by 12 operators as vendor for WCDMA. For up to date information see reference list on: http://www.ericsson.se/pressroom/referencematerial/3g_referencelist.shtml Skanska is one of the world's leading companies in the areas of construction-related services and project development. Operations focus on creating solutions for housing, workplaces and communications. Skanska operates throughout the entire value circle - from concept and development to construction, operation, maintenance and service. The company was founded in 1887 and has operations in more than 60 countries. The company currently has some 60,000 employees. Sales total approximately SEK 100 billion. About 20 percent of sales are attributable to projects in the telecom and Internet infrastructure sector. For further information please contact: Mads Madsen, press manager, Corporate Communications Ericsson, Tel +46 8 719 0626 or +46 706 66 29 03, e-mail mads.madsen@lme.ericsson.se Anders C. Karlsson, President, Skanska Europe, Tel. +46 40 144 243 or +46 70 524 7480 Antti Kuivalainen, President, Skanska Telecom Networks, Tel. +31 6 51534859 About UMTS Ericsson began research on WCDMA more than ten years ago, and initiated the first WCDMA testbed already in 1995. Ericsson currently has 17 WCDMA trial systems in operation in countries throughout Europe, Asia-Pacific and North America. The company is in a unique position of leadership in mobile systems; larger than its nearest two competitors combined and the only supplier to offer mobile systems in all existing standards, from the first generation through the third generation. Based on WCDMA technology, Ericsson's 3G system to be supplied can also be referred to as UMTS, a European denomination for 3G. UMTS stands for Universal Mobile Telecommunications System. This and previous releases can also be found at www.skanska.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/09/22/20000922BIT00700/bit0001.doc http://www.bit.se/bitonline/2000/09/22/20000922BIT00700/bit0002.pdf

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Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential premises, and public-private partnerships projects. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 41,000 employees in selected home markets in Europe and North America. Skanska's sales in 2016 totaled SEK 151 billion.

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