Ericsson and Swisscom intensify strategic partnership
Swisscom has signed a new, intensified network partnership agreement with Ericsson (NASDAQ: ERIC). Swisscom and Ericsson will form a joint Mobile Expert Group in which engineers from both companies will share ideas and pool their skills to ensure that Swisscom retains the best-performing network in Switzerland. The joint Mobile Expert Group will define new ways of working to drive innovation and transformation of Swisscom's mobile network.
The partnership is built on a shared vision of a best-in-class mobile network with the objective to meet future demands of the Networked Society and digitized economy from all customer segments. The new approach will reduce time to market for the latest Ericsson technology and services, thereby ensuring that Swisscom customers will always experience the best possible network performance. The close nature of the cooperation provides a tremendous opportunity for both companies to extend their leadership.
Heinz Herren, CTO & CIO of Swisscom, says: "I'm confident that our customers will benefit from this close partnership in which we pool know-how and resources from both companies."
Magnus Mandersson, Executive Vice President and Head of Business Unit Global Services at Ericsson, says: "We are delighted to deepen our partnership with Swisscom, one of the world's most innovative communications service providers. Our long and close relationship with Swisscom enables us to explore innovative new ways of working that will benefit both companies and end users. We will work together to further improve Swisscom's already excellent products and services. Very short time to market will benefit all customers."
NOTES TO EDITORS
About Swisscom
Swisscom is Switzerland's leading telecom provider and one of its foremost IT companies, headquartered close to Bern. Outside Switzerland, Swisscom offers broadband internet in Italy with Fastweb.
Swisscom offers mobile communications, fixed networks, internet and digital TV to corporate and residential customers. The company is also one of Switzerland's largest providers of IT services.
For the seventh year in a row, Swisscom has been named the Best Mobile Network in Switzerland by Connect Magazine.
About Ericsson
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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, business and society 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 approximately 115,000 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 2014 were SEK 228.0 billion (USD 33.1 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.
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