According to Gartner's November 2023 Mission-Critical Capabilities for Communications Service Providers report

• Gartner's 5G Core Network Mission-Critical Capabilities for Communications Service Providers 2023 report praises Ericsson.

• This recognition reflects the breadth of Ericsson's portfolio, depth of experience and ability to deliver results.

Ericsson (Nasdaq: ERIC) announced that it has received High Commendation in Gartner's 5G Core Network Mission-Critical Capabilities for Communications Service Providers 2023 report. Of the three use case areas analyzed in the report, Ericsson scored the highest in 5G use case in the consumer business sector. The company also scored the second highest rating in two other use cases for shared enterprise 5G core and dedicated enterprise 5G core.

Gartner's mission-critical capabilities analysis provides insight into service providers' product and service offerings by expanding Gartner's Magic Quadrant analysis. This research can be used to further investigate evaluations of products and services based on certain core capabilities for important and distinct use cases.

Of the more than 35 independent 5G networks in the world, 20 operate on Ericsson's dual-mode 5G core solution. This was chosen by 80% of the top 20 telecommunications service providers globally in terms of revenue volume. Communications services are now provided to more than 100 million subscribers around the world through Ericsson's cloud-native dual-mode 5G core network, reflecting the significant momentum in adopting cloud-native architecture as a means of achieving further growth and enhancing flexibility in the future. Ericsson's core network technology offering has witnessed impressive strategic growth through years of technology development, marking significant milestones in innovation and continuous transformation to build a consistent and continued leadership position across 2G, 3G, 4G and now 5G. The company now operates more than 30 live networks powered by dual-mode 5G core and cloud-native solutions.

Commenting on the high praise in the Gartner report, Monica Zitzon, head of Ericsson Cloud Core Solutions, said: “We are very pleased that Ericsson's 5G core capabilities have been recognized in such a high-level way by independent analysts at Gartner. "This reflects the level of dedication, commitment to service excellence and technical intelligence of Ericsson's core network experts, who work tirelessly to deliver the highest levels of performance that telecommunications service providers expect from their trusted partner."

Ericsson has unparalleled experience in this important technology architecture, which enabled it to make an early strategic decision to use cloud native technology in the core network, manage business traffic using containerized cloud native 5G solutions by 2019, and launch the Ericsson solution. to the dual-mode 5G core network in February 2020. This expertise has translated into a tremendous ability to fully focus on customers' business growth plans, by providing comprehensive solutions and building deep collaborations that have allowed Ericsson to become a highly effective partner for transformation projects. The backbone network of telecommunications service providers, which reduces risks and overall costs.

The breadth and depth of Ericsson's 5G core network strength, cloud infrastructure and end-to-end network infrastructure capabilities have received significant and significant praise from more recent independent assessments by high-level authorities. Ericsson was able to maintain its title as the leader in the 5G network infrastructure market for the third year in a row, according to the 2023 Frost Radar™ report for the 5G network infrastructure market. Maintaining this title reflects the company’s leadership in the fifth generation network infrastructure market, which includes radio access solutions, transport network solutions, and core networks. Ericsson also achieved an advanced position according to the Omdia Foundation’s report “ Market Landscape: Key Suppliers for 2023 ” issued in July of this year.

In a related context, Ericsson ranked first in the Gartner Magic Quadrant 2023 report for fifth generation network infrastructure for communications service providers for the third year in a row.

#Corporate data

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Attribution: Gartner, 5G Infrastructure for CSPs, Critical 5G Core Capabilities, October 25, 2023, Peter Liu, et al.

About Ericsson:

Ericsson enables communications service providers to make the most of and capture the full value that communications technologies provide. The company's portfolio of services and solutions across networking, digital services, managed services and emerging businesses are designed to make customers' operations more efficient, enhance their digital transformation and enable them to create new revenue streams. Ericsson's investments in innovation have contributed to providing many positive benefits in the field of communications, broadband and mobile services to billions of people around the world. Ericsson's shares are listed on Nasdaq Stockholm and Nasdaq New York. www.ericsson.com

© Press Release 2023