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Ericsson leads the LTE market in Latin America

STOCKHOLM, SWEDEN — (Marketwire) — 11/21/12 —

Mobile broadband plays a key role in Latin America, as it does in other
regions, increasing quality of life and contributing to economic
development. Consumers are increasingly dependent on mobile broadband as
many of them use smartphones to gain instant access to information,
entertain themselves or interact socially.

According to the Ericsson (NASDAQ: ERIC) Mobility Report published today, 14
million new mobile subscriptions were recorded in Q3 for a total of 676
million. Ericsson estimates that another 230 million mobile subscriptions
will be added by 2018.

Few of the subscriptions are currently for LTE, but that will change
markedly by 2018, when Ericsson predicts 10 percent of all mobile
subscriptions in Latin America – approximately 90 million – will be LTE
subscriptions. LTE is currently being rolled out across the region and
Ericsson has won many of the contracts for the new networks. Ericsson has
signed LTE/EPC contracts with Claro, Oi, Telefonica | Vivo and TIM in
Brazil; UNE in Colombia; Telcel in Mexico; and AT&T and Open Mobile in
Puerto Rico. Once they have been deployed,

Ericsson will have a more than 50 percent share of the Latin American LTE
market in terms of volume.

Sergio Quiroga, Head of Region Latin America at Ericsson, says: “Ericsson
has played a role in Latin America since 1896, most recently by helping it
take important steps to implement mobility, broadband and cloud services.
Our share of the region-s LTE market will be substantially larger than our
share of the region-s 3G market. Our global leadership in LTE and mobile
broadband has helped us achieve this.”

In addition to consumer demand, factors such as economic and technological
development – driven by governments across the region – are contributing to
the increase in mobile broadband subscriptions.

Brazil will play a key role in the technological transformation of the
region. Purchasing power has increased and there are now more mobile phone
subscriptions than people in the country. And with Brazil set to host the
world-s two most watched sporting events in 2014 and 2016, there will be
even more opportunities to boost national infrastructure.

In Latin America as a whole, Ericsson predicts that 3G technologies such as
WCDMA/HSPA will largely replace 2G technologies such as GSM/EDGE by 2018.
Whereas 3G technologies currently account for just 18 percent of all mobile
subscriptions, they will account for 65 percent of subscriptions by 2018.
2G technologies will decline from 82 percent of all mobile subscriptions at
present
to 25 percent by 2018.

From a global perspective, Ericsson has now signed more than 90 LTE/EPC
contracts and maintains its leading position in LTE and mobile broadband,
currently providing coverage for 305 million of the 455 million global LTE
population.

NOTES TO EDITORS

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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 leads the LTE market in Latin America:

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Source: Ericsson via Thomson Reuters ONE
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