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Consumers see a near-term benefit from 5G, as they look forward to the technology providing relief from urban network congestion, and to bring more home broadband choices. Smartphone users say they are willing to pay a 20 percent premium for 5G services, while half of early adopters would pay as much as 32 percent more. One in five smartphone users’ data consumption could reach more than 200GB per month on a 5G device by 2025.

Following the world premiere of Ericsson’s latest Research & Development achievements in the field of 5G at MWC2019 Barcelona, the time has come for a presentation in Croatia. Ericsson is a leader in 5G technology with 18 signed contracts with telecom operators around the world. We have recently reported on the launch of the first European commercial 5G network that has been achieved through collaboration of Ericsson and Swisscom. 5G is already in Europe and Ericsson Nikola Tesla whose experts participate in the development of this latest generation of mobile technology and its diverse applications, demonstrates in Croatia, using concrete examples, how latest technology transforms not only communication networks, but industries and the society as well.

Pursuant to the Company Law, Art. 277, sections 2 and 3, the Managing Director of the joint stock company Ericsson Nikola Tesla, Zagreb, Krapinska 45, on April 25, 2019 passed the decision on convocation of the Annual General Meeting, to be held at the registered office of the Company in Zagreb, Krapinska 45, on June 13, 2019 at 4 p.m.

Gordana Kovačević, the President of Ericsson Nikola Tesla, commented: “Ericsson Nikola Tesla Group’s business results in Q1 2019 show a continuation of stable business performance. Sales revenue amounted to MHRK 388.2, up by 13.8 % year-over-year. Services to Ericsson increased as a result of business expansion and gaining new responsibilities, primarily in 4G/5G. Our experts are engaged worldwide in numerous projects related to 5G, and in addition, part of 5G development takes place in the Company’s R&D Center. The domestic market also recorded a significant growth in sales revenue.

The signing of contracts with four selected contractors in the project “Improvement of energy efficiency and the use of renewable energy sources at Ericsson Nikola Tesla d.d.” marked the completion of the first phase of the works. These works will reduce the yearly energy consumption by more than 4.6 million kWh as well as reduce CO2 emissions by nearly 1400 tonnes.

At the Ericsson Nikola Tesla Supervisory Board and Managing Director meeting held on April 25, 2019, it was proposed to shareholders at the Annual General Meeting to adopt a dividend payment of HRK 70.6 per share.

Gordana Kovačević, president of Ericsson Nikola Tesla, and Vilim Primorac, CEO of HT Mostar, have signed new contracts worth MHRK 23. The contracts were signed for the expansion and modernization of mobile network monitoring system, the expansion of IMS system and new expansion of HT Mostar’s radio access network.

PRO PR Vision Manager Award for transparency in communication has been handed out for seven consecutive years. This year, the title of a PRO PR Vision Manager was awarded to the president of Ericsson Nikola Tesla Ms Gordana Kovačević. As stated in the explanation by the committee members, “in the management process over all these years, she has given a very important role to transparent communication, using different techniques and tools towards all the targeted members of the public in a sincere, comprehensible and transparent way, and has inspired the business community with the messages she has communicated.”

Ericsson Nikola Tesla and RUNE Crow company signed a contract for the implementation of broadband optical network access in rural areas in Istria County and Primorje-Gorski Kotar County.

At the beginning of April an international scientific conference, European Conference on Antennas and Propagation (EuCAP), which is one of the biggest international conferences on wireless communication, was held in Krakow (Poland). A paper that was written in collaboration of our expert and FER’s Professors, won the “Best Antenna Theory Paper” award.