Ericsson Extends Fixed Wireless and Sky Muster™ Satellite Operations Partnership With NBN Co

WASHINGTON, Dec. 19. 2017 /PRNewswire/ --NBN Co has announced it will continue its fixed wireless and Sky Muster™ managed services partnership with Ericsson (NASDAQ: ERIC) through to 2020.

Ericsson will continue to be responsible for nbn fixed wireless network operations, ground systems operations for Sky Muster™ – the operator's satellite service – as well as customer connections and assurance for both technologies.

NBN Co's fixed wireless and Sky Muster™ services cover more than 980,000 homes in regional and remote Australia with more than 290,000 homes connected to broadband services via NBN Co's retail service providers.

Emilio Romeo, Managing Director of Ericsson Australia and New Zealand, says: "As we extend our strategic partnership with NBNCo, we look forward to continuing the delivery of fixed wireless and satellite services to regional and rural Australia. The availability of ubiquitous broadband to homes and businesses across Australia will help to bridge the digital divide and support economic and community growth.

NBN Co is an open-access, wholesale fixed broadband service provider, and was created to implement the Australian Federal Government's national broadband policy. It is wholly owned by the Commonwealth of Australia as a Government Business Enterprise (GBE).

Ericsson has been NBN Co's managed services provider since 2011, when it was appointed to build and operate a fixed-wireless broadband network based on TD-LTE technology. In 2014, the partnership was expanded to include operation of the ground component of NBN Co's long-term satellite solution and end user connections and assurance services.

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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 provide 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 SEK 222.6 billion (USD 24.5 billion). The Ericsson stock is listed on Nasdaq Stockholm and on NASDAQ in New York. Read more on www.ericsson.com.

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