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Ericsson Signs Ethernet DSL Access Delivery Contract with Finnet Logistics

STOCKHOLM, Sweden--(BUSINESS WIRE)--July 6, 2004--Ericsson (NASDAQ: ERICY) and Finnet Logistics Ltd. that coordinates both the domestic and international purchase of services and goods for the Finnet Group have signed a delivery contract. It gives all Finnet companies equal opportunities to deploy Ericsson Ethernet DSL Access technology in order to offer new type of broadband services for residential and business users.
Ethernet DSL Access technology is an attractive solution for Finnet companies operating locally and nationally because of the low cost of initial investment and maintenance as well as the excellent scalability. Finnet operators can thus build a cost-effective broadband access network and make broadband services a mass-scale business.

"In 2003 the number of Finnet broadband customers grew by 94%. Our domestic market share is over 20%. With extensive coverage on the broadband market, we are now focusing on further developing our broadband services nationwide," says Matti Makkonen, Managing Director, Finnet Ltd.

"We are pleased that Finnet has selected our Ethernet-based DSL Access solution for country-wide deployment. Our solution is highly scalable, making it suitable to both small and large sites to provide always-on broadband access for up to thousands of subscribers", says Janne Laitala, Sales Director at Ericsson Finland.

Deliveries for several Finnet companies have already started.

Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.

Read more at http://www.ericsson.com/press

About Finnet Logistics Ltd.

Finnet Logistics Ltd is a negotiation organization which co-ordinates Finnet's acquisition of goods and services from Finland and abroad.

About Finnet

Finnet is a Finnish telecommunications group consisting of 38 telephone companies, Finnet Ltd with its affiliates and Finnet Association among others. The group's total turnover in 2003 was 978 million euros and it employs about 4,600 people. Finnet's main market area is Finland. Finnet Ltd consists of Finnet's nationally operating companies. Finnet Ltd's proforma turnover in 2003 was 352 million euros. For more information: www.finnet.fi/eng (http://www.finnet.fi/eng).

About Ericsson's Ethernet DSL Access Solution

Ericsson's Ethernet DSL Access - designed to allow operators to mass market DSL - offers flexible, scalable and powerful IP DSLAM supporting installations ranging from a handful of subscribers to large site deployments.

The solution is designed without concentration in the DSLAM to ensure high-capacity throughput and no end-user limitations.

By avoiding concentration in the DSLAM and connecting directly to an Ethernet aggregation network, the solution enables high bandwidth-demanding services to be supported, while at the same time reducing transport costs radically.

This is a key advantage for an operator, securing their ability to compete in terms of price, bandwidth and service offering.

Ethernet DSL Access dramatically alters the economics of rolling out DSL and allows operators to address potential broadband subscribers profitably.

Read more about Ericsson's Ethernet DSL Access at: www.ericsson.com/publicethernet.

Contacts


Ericsson Inc.
Communications
Kathy Egan, 212-685-4030
pressrelations@ericsson.com
or
Investor Relations
Glenn Sapadin, 212-685-4030
investor.relations@ericsson.com

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