Ericsson Nikola Tesla d.d.

M&A Activity • Jun 8, 2017

Ericsson Nikola Tesla and HT Mostar Sign New Contract

Ericsson Nikola Tesla and HT Mostar contracted the expansion and modernization of radio access network for this operator from Bosnia and Herzegovina. The contract amounts to MHRK 11, and the realization is to start immediately.

Vilim Primorac, president of Management Board and CEO at HT Mostar, said on the occasion: "I am glad that we continue good cooperation with our long-term partner Ericsson Nikola Tesla. The realization of this contract will enable us to provide a service of better quality to our end users and at the same time will make prerequisites for a faster and more efficient implementation of the LTE technology."

Gordana Kovačević, MSc, president of Ericsson Nikola Tesla, expressed her satisfaction with the fact that HT Mostar have once again shown their trust to Ericsson's solutions and chosen our company for further expansion and modernization of radio access network, and added: "I am confident that the competences and commitment of our experts to this project will ensure the realization of contracted activities with high quality in the shortest time possible."

Communications Ericsson Nikola Tesla

Ericsson is a world leader in communications technology and services with headquarters in Stockholm, Sweden. Our organization consists of more than 111,000 experts who have provided customers in 180 countries with innovative solutions and services. Together we are building a more connected future where anyone and any industry is empowered to reach their full potential. Net sales in 2016 were USD 24.5 billion. Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in 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 multi-service 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.

PRESS INFO June 8, 2017

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Snježana Bahtijari Company Communication Director Ericsson Nikola Tesla Tel.: + 385 1 365 4556 E-mail: snjezana.bahtijari@ericsson.com