Ericsson Nikola Tesla d.d.

Regulatory Filings • Apr 28, 2016

Ericsson Nikola Tesla and Crnogorski Telekom agree to extend collaboration for the next three years

In line with the framework agreement between Crnogorski Telekom and Ericsson Nikola Tesla, Rüdiger Schulz, CEO of Crnogorski Telekom and Gordana Kovačević, MSc, the President of Ericsson Nikola Tesla, signed on 26 April in Podgorica an agreement on collaboration related to Crnogorski Telekom's new investment cycle in the areas of radio access and mobile core networks until the end of 2018.

Gordana Kovačević, MSc, commented on the continued collaboration: "With this we continue a successful long-term partnership with Crnogorski Telekom, the market leader characterised by an innovative approach. In line with the signed agreement, Crnogorski Telekom will ensure an even greater efficiency and readiness for future demands of its network that will also be easier to manage. After the realization of planned projects, Crnogorski Telekom's users will benefit from new functionalities and an even better Call Centre support."

Rüdiger Schulz emphasized: "Crnogorski Telekom bases its leading position in the Montenegrin market on strategic partnerships with renowned companies such as Ericsson Nikola Tesla with whom we have had an intense cooperation for 15 years already. Ericsson is our strategic partner and in the upcoming period we will continue our successful cooperation in the area of modernization of mobile core network, replacement of key components of mobile access network and upgrade and new functionalities for the IMS platform, as well as the upgrade of the Call Centre platform. We firmly believe that our future cooperation will result in many successful projects and, last but not least, with our customers' satisfaction, which is our main and ultimate goal."

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Ericsson 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.

Ericsson Nikola Tesla, as an integral part of the Ericsson Group, supports the modern ways of communicating. 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.

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CONTACT: Snježana Bahtijari Company Communication Director

Ericsson Nikola Tesla Tel.: + 385 1 365 4556 E-mail: snjezana.bahtijari@ericsson.com