Ericsson Canada Speaks Before the House of Commons Industry Committee



    OTTAWA, Aug. 7 /CNW/ - Ericsson today spoke in front of the House of
Commons Standing Committee on Industry, Science and Technology explaining how
the company's acquisition of Nortel assets will strengthen Ericsson's
longstanding commitment to Canada and help keep Canadians at the forefront of
global advanced wireless research and development.
    Ericsson Canada began operating in 1953 and has grown to become one of
Canada's top R&D investors. Over the past decade, Ericsson has invested more
than $2 billion in Canada. This firm commitment to Canada has placed Ericsson
in a leading role in the growth and development of the Canadian
telecommunications industry.
    "We have helped build much of Canada's vital telecommunications
infrastructure and our employees have been integral to that success," said
Mark Henderson, President and CEO, Ericsson Canada. "Our team has contributed
over 330 patents to Ericsson in the past quarter century, and we have no doubt
that with the addition of Nortel's competence in Ottawa as a result of this
acquisition, this level of innovation will continue."
    Ericsson is licensing - not purchasing - LTE patents from Nortel on a
non-exclusive basis. Nortel will remain the owner of its LTE patents, and will
be free to license or sell them to other companies should it choose to do so.
    "Ericsson will employ approximately 800 Nortel employees in Canada who
work in its CDMA and LTE businesses. These individuals will receive
substantively the same pay and benefits, and will be based in the same
locations," said Henderson. "Ericsson does not anticipate major changes in the
day-to-day work of the employees."

    
    In addition:

    -   The proposed investment affords an opportunity for Nortel's
        researchers to join Ericsson's global research force and to share
        knowledge and best practices

    -   The proposed investment will assist Ericsson to keep Canada at the
        forefront of technological development in next generation wireless
        technologies such as LTE

    -   Ericsson Canada has been a trusted supplier in this market for almost
        60 years and will continue a high level of customer service to its
        existing and new customers

    -   Ericsson's history in Canada demonstrates a sustained commitment to
        carrying out high-level R&D that contributes to Canada's prosperity
        and productivity
    

    Ericsson is the world's leading provider of technology and services to
telecom operators. Ericsson is the leader in 2G, 3G and 4G mobile
technologies, and provides support for networks with over 1 billion
subscribers and has a leading position in managed services. The company's
portfolio comprises of mobile and fixed network infrastructure, telecom
services, software, broadband and multimedia solutions for operators,
enterprises and the media industry. The Sony Ericsson and ST-Ericsson joint
ventures provide consumers with feature-rich personal mobile devices.
    Ericsson is advancing its vision of "to be the prime driver in an
all-communicating world" through innovation, technology, and sustainable
business solutions. Working in 175 countries, more than 75,000 employees
generated revenue of SEK 209 billion (USD 32.2 billion) in 2008. Founded in
1876 with the headquarters in Stockholm, Sweden, Ericsson is listed on OMX
NASDAQ, Stockholm and NASDAQ New York.

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For further information:

For further information: Patricia MacLean, Director of Communications,
Ericsson Canada Inc., Phone: (905) 206-7928, E-mail:
patricia.maclean@ericsson.com

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