Ericsson joins CBRS Alliance to drive LTE solutions in new bands

• Alliance promotes LTE-based solutions for the US 3.5 GHz Citizens Broadband Radio Service (CBRS)
• The shared spectrum approach represents a promising new method to meet growing demands for wireless data usage
  
• CBRS Alliance to generate industry best practices in spectrum sharing
  

NEW YORK, Oct. 14, 2016 -- Ericsson (NASDAQ:ERIC) today announced it has joined the CBRS Alliance, an organization dedicated to developing, marketing and promoting LTE-based solutions utilizing the shared spectrum of the US 3.5 GHz Citizens Broadband Radio Service (CBRS) band.

Ericsson believes that the shared spectrum approach in the CBRS band could become an effective way to facilitate the growth of wireless data, including mobile broadband, IoT and fixed applications, now and in the future.

Spectrum sharing expands access to LTE technologies beyond mobile operators into new customer segments and vertical enterprises.

The CBRS Alliance presents an opportunity to refine and generate industry learnings in spectrum sharing and to provide an industry platform for discussion and innovation in this approach to spectrum allocation. The Alliance will work towards LTE CBRS field trials in the second half of this year and is developing an official certification process towards successful deployments of CBRS infrastructure.

As a market leader in wireless technologies, Ericsson will deliver its extensive expertise and product portfolio for innovation to enable new market opportunities.

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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 2015 were SEK 246.9 billion (USD 29.4 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.

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