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2016-02-24

Ericsson: Ericsson's OSS/BSS suite to power better customer experiences for STC subscribers

* Extensive operations support system/business support system (OSS/BSS) deal
provides STC with latest software innovations, features and services
* STC subscribers to enjoy improved customer experiences through
differentiation possibilities
* Follows long-standing partnership between Ericsson and STC, representing
the company's largest OSS/BSS deal to date in the Middle East

Ericsson (NASDAQ: ERIC) and STC, Saudi Arabia, have signed an extensive
operations support system/business support system (OSS/BSS) deal that
provides seamless access to the latest Ericsson software innovations,
features and services. As a result of the agreement, STC can deliver an
improved customer experience to its mobile subscribers. Through the unique
Ericsson solution which integrates Policy and Charging, STC will have a full
policy control solution to offer differentiated experiences to customers,
with optimized operations and total cost of ownership.

STC will gain access to ongoing Ericsson product releases and performance
enhancements, future-proofing investments while staying up to date with
market and technology transformation trends. STC stands to benefit from
improved business agility, and lower costs increasing business and
operational efficiency.

The deal includes a range of Ericsson products, including Ericsson Charging
System, Mobile Broadband Charging, Multi Mediation, Session Border Gateway,
Service-Aware Policy Controller, Composition Engine, Catalog Manager, Order
Care and Multiservice Delivery Platform.

Services provided by Ericsson under the agreement include solution design,
project management, technology consultancy, service enablement, business
configuration, development and customization, solution integration and
verification, and load testing and acceptance.

Eng. Nasser Sulaiman Al Nasser, Senior Vice President of Technology and
Operations, STC, says: "We will now be able to monetize the unique and
dynamic capabilities of the Ericsson OSS/BSS installed base with seamless
access to new product releases, features and enhancements. We will benefit
from Ericsson's global experience to meet the personalized and rapidly
changing requirements of the digital marketplace, and look forward to a
thriving collaboration with Ericsson."

Ali Eid, Head of Ericsson Saudi Arabia, says: "This is Ericsson's largest
regional deal so far in OSS/BSS. We have had a continuous and successful
partnership with STC in the OSS/BSS domain since 2005 and this deal marks
another significant milestone that strengthens our partnership

"We will continue to be STC's trusted day-to-day business partner, and are
reinforcing our commitment to remaining at the forefront of ICT in the Middle
East with our proven capabilities in OSS/BSS software and systems
integration."

Operators must become agile as they support services across networks, offer a
range of plans and push the limits of innovation. Ericsson helps customers
meet changing demands with a comprehensive, unified OSS and BSS product suite
that combines business, IT and network capabilities.

NOTES TO EDITORS

For media kits, backgrounders and high-resolution photos, please
visitwww.ericsson.com/press

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.

www.ericsson.com

www.ericsson.com/news

www.twitter.com/ericssonpress

www.facebook.com/ericsson

www.youtube.com/ericsson

FOR FURTHER INFORMATION, PLEASE CONTACT

Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail:media.relations@ericsson.com

Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail:investor.relations@ericsson.com

Ericsson OSS/BSS-powered customer experience for STC subscribers
http://hugin.info/1061/R/1988817/730315.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ericsson via Globenewswire

HUG#1988817

Författare WKR

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