Tweet

Magnus Mandersson appointed Executive Vice President of Ericsson

STOCKHOLM, SWEDEN — (Marketwire) — 10/28/11 —

Ericsson-s (NASDAQ: ERIC) Board of Directors has appointed Magnus Mandersson
Executive Vice President as of November 1, 2011. Mandersson is currently
Senior
Vice President and Head of Business Unit Global Services, a position he
will
remain in.

Magnus Mandersson joined Ericsson in 2004 to run Ericsson-s Managed
Services
business globally and is now head of Ericsson-s overall services offering
around
the world.

Hans Vestberg, President and CEO, says; “Magnus Mandersson plays an
important
role in driving the continuous development of Ericsson-s market leading
services
offering. Magnus is a leadership team member which adds valuable insights
combining strategy and operational experience with his key insights from a
mobile operator.”

Magnus Mandersson has more than 15 years- experience in the telecom
industry as
an executive with Ericsson and operator Tele2/Millicom. During his years at
Ericsson he has also held the positions as Head of Market Unit Northern
Europe,
global key account executive for Deutsche Telekom and was in 2009 appointed
Senior Vice President and Head of Business Unit CDMA Mobile Systems and
became a
member of the Executive Leadership Team. Prior to Ericsson, he served as
CEO of
Tele2 Europe as well as COO for Millicom and held various executive
positions
within IKEA.

Magnus was born in 1959 and holds a Bachelor-s degree in Business
Administration
from Lund University in Sweden.

Notes to editors:

Magnus Mandersson-s bio and photos are available on:

Ericsson is the world-s leading provider of technology and services to
telecom
operators. Ericsson is the leader in 2G, 3G and 4G mobile technologies, and
provides support for networks with over 2 billion subscribers and has the
leading position in managed services. The company-s portfolio comprises
mobile
and fixed network infrastructure, telecom services, software, broadband and
multimedia solutions for operators, enterprises and the media industry. The
Sony
Ericsson and ST-Ericsson joint ventures provide consumers with feature-rich
personal mobile devices.

Ericsson is advancing its vision of being the “prime driver in an all-
communicating world” through innovation, technology, and sustainable
business
solutions. Working in 180 countries, more than 90,000 employees generated
revenue of SEK 203.3 billion (USD 28.2 billion) in 2010. Founded in 1876
with
the headquarters in Stockholm, Sweden, Ericsson is listed on NASDAQ OMX,
Stockholm and NASDAQ New York

Ericsson discloses the information provided herein pursuant to the
Securities
Markets Act and/or the Financial Instruments Trading Act. The information
was
submitted for publication on October 28, 2011, at 07.30 CET.

Photo – Magnus Mandersson:

Magnus Mandersson appointed Executive Vice President of Ericsson:

This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and
other applicable laws; and

(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Ericsson via Thomson Reuters ONE

[HUG#1558978]

FOR FURTHER INFORMATION, PLEASE CONTACT

Ericsson Corporate Public & Media Relations
Phone: +46 10 719 69 92
E-mail:

Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail: