Ericsson Wins 4G Deal in Thailand

STOCKHOLM -- Thailand's bustling population of 67 million has reportedly reached a mobile penetration rate of more than 130 percent, according to recent government figures. In early 2013, Ericsson ConsumerLab studies have also shown that smartphone penetration in urban Thailand grew more than two-fold from 17 percent in 2012 to 36 percent in 2013.

To prepare for the growing number of smartphone users, Real Future, a subsidiary of True Corporation Plc under the True Mobile Group, has chosen Ericsson (NASDAQ: ERIC) as a key supplier to expand its mobile broadband network in Thailand. This expansion will allow the True Mobile Group to offer their 21.5 million subscribers with improved mobile broadband experiences based on HSPA and LTE technologies.

As part of the expansion project, Ericsson will deploy the latest multi-standard radio base station RBS 6000 along with a range of services including project management, system integration, interoperability testing, network design and implementation, as well as competence development of personnel.

Ericsson AB (Nasdaq: ERIC)

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