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The registration for Ericsson’s global innovation competition for students, in which last year Croatian students from the Faculty of Electrical Engineering, Mechanical Engineering and Naval Architecture (FESB) were among the semi-finalists, opens on August 1st.

Deutsche Telekom chooses Ericsson for 5G Radio Access Network (RAN) deployment after Ericsson delivers successful modernization of their 2G/3G/4G networks. Ericsson Radio System products and solutions will be used for 5G RAN deployment across Germany for efficient and speedy rollout. Deutsche Telekom will use Ericsson Spectrum Sharing to flexibly manage both 4G and 5G traffic.

Gordana Kovačević, the President of Ericsson Nikola Tesla, commented: “The extraordinary circumstances, caused by the COVID-19 pandemic that marked the end of Q1 2020, continue. Although during May and June many countries started relaxations of strict measures of movement and distancing, the movement of people and goods is still limited and impacts the global business environment. Since Ericsson Nikola Tesla Group operates globally, these disruptions negatively impact certain part of our business activities. Some customers and partners slowed down or postponed the implementation of contracted projects and reduced their investments. We have also noticed a trend of an increasing number of requests to postpone collection of receivables and new payment models. Our priority is to secure the health and safety of our employees, customers, partners and suppliers, as well as the continuation of stable business performance. Therefore, most of our employees continue to provide services/support to our customers by working remotely, while some of them work from offices. In addition, due to restrictions in travelling our employees cannot carry out some of the activities.“

Today, Ericsson reports second quarter results 2020

The longest radio relay network in the world measuring 26.8km in A1 Hrvatska’s network between the towns of Klis and Kamensko in the hinterland of the city of Split was realized on Ericsson’s equipment with 2X2 MIMO functionality implemented.

Building on its commitment to the railway sector, Ericsson has joined the Association of the European Rail Supply Industry (UNIFE) to show how 5G and mission-critical networks can enable the rail industry to meet the challenge of rail digitalization.

In the special conditions caused by the coronacrisis and with the observance of all protection measures, on Friday, June 26, 2020, in the Company's premises in Krapinska 45, Zagreb, the Annual General Meeting of the Ericsson Nikola Tesla joint-stock company was held. For the participation in the work of the AGM, HRK 89,870,700.00 of the equity capital was registered, corresponding to 67.49 % of the total Company’s equity. This was sufficient for the AGM to make valid decisions.

• This is the first 5G agreement signed in Croatia by Croatian companies • ENT exclusive supplier of the radio part for Hrvatski Telekom's mobile network until 2024 • Cooperation ensuring technological, economic and social progress

• 190 million 5G subscriptions forecast by end of 2020; 2.8 billion by the end of 2025 • Digital infrastructure critical to meeting communication needs in times of crisis • Fixed wireless access (FWA) connections forecast to reach close to 160 million, and account for 25 percent of global mobile network data traffic by end of 2025

Pursuant to the Article 474, Paragraph 1 of the Capital Market Act, Ericsson Nikola Tesla d.d., with headquarters in Zagreb, Krapinska 45, PIN: 84214771175 (hereinafter: “the Company”), hereby notifies that the investment company Interkapital vrijednosni papiri d.o.o. made the acquisition of Company (treasury) shares in the name and on behalf of the Company at the regulated market of Zagreb Stock Exchange (ZSE).