Ericsson Nikola Tesla d.d.

Environmental & Social Information • Jul 12, 2019

Ericsson Nikola Tesla expands HT Eronet's LTE network

HT Eronet and Ericsson Nikola Tesla have continued their successful collaboration by signing a frame agreement on expanding LTE network across Bosnia and Herzegovina. The agreement worth HRK 34 million was signed in Mostar by Vilim Primorac, president of the Management Board of HT Eronet, and Gordana Kovačević, president of Ericsson Nikola Tesla. The contracted work relates to LTE network (800 MHz and 1800 MHz), project management services, integration of new nodes into the network and training for this B&H operator's employees. Ericsson is the single vendor of HT Eronet's radio access network. Due to radio system equipment, which is 5G- and IoT-ready, HT Eronet will be able to transit smoothly to 5G in the future.

Vilim Primorac, president of the Management Board of HT Eronet: "The LTE contract signed with Ericsson Nikola Tesla is a strategic step in the collaboration of the two companies. We are happy that Ericsson Nikola Tesla is our technological partner in the modernization of our network. As a result of that, we will provide our customers with the latest and most efficient radio technology on the market."

Gordana Kovačević, president of Ericsson Nikola Tesla, expressed her satisfaction with the continuation of collaboration: "I am particularly pleased with the fact that our collaboration with HT Eronet has continued. This was enabled by the trust developed between our expert teams as well as by Ericsson's technology. Excellent team work, a relationship with the customer based on trust, and top-notch Ericsson solutions have ensured this job. I am convinced that we will justify the trust we gained and open up possibilities for 5G through a successful realization of our work in LTE."

Communications Ericsson Nikola Tesla

Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on NASDAQ New York.

Ericsson Nikola Tesla is an associated company of the Ericsson Group which leads and supports modern communications. The company's activities include marketing and sales, research and development, design of the total communications solution, services in the multiservice and mobile networks area including the mobile Internet and complex system integration in all business areas. The company provides innovative ICT solutions that constantly improve people's life and create new value. Shares of Ericsson Nikola Tesla are traded in the Regular Market of the Zagreb Stock Exchange under the stock exchange symbol ERNT-R-A.

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CONTACT: Snježana Bahtijari Director Marketing, Communication and CSR Ericsson Nikola Tesla Tel.: + 385 1 365 4556 E-mail: snjezana.bahtijari@ericsson.com