Today Ericsson Nikola Tesla d.d. is a company in transition, which means that from the traditional manufacturer of telecom equipment it is being transformed into a modern supplier of total telecoms solutions and services for the New Telecoms World.

The New Telecoms World (NTW) provides the modern man with advanced ways of communication characterized by the universal network for transport of video, speech and data,providing new services, speed, higher capacity, mobility, availability and simplicity of use. NTW is based on mobile Internet, a multipurpose terminal (personal computer, mobile telephone and the like) and a multifunctional telephone number.

The Age of Mobile Internet has already started. The new ways of communication permeate the lives of people in the New Millennium. E-commerce, e-banking and other services made available by Internet in combination with mobility become constantly present in our everyday lives.

According to some forecasts, in the year 2002 there will be 400 million Internet users and 600 million mobile users. Therefore, we can conclude that Internet and mobile systems are spreading very fast and within the area of their convergence emerges mobile Internet.

Ericsson Nikola Tesla has already taken a few steps towards its goal. Owing to the competencies and experience of its experts the Company keeps getting new responsibilities within internal Ericsson market. That is why intellectual capital is considered the Company's greatest asset. Ericsson Nikola Tesla is Ericsson's global centre for software and mobile Internet services as well as regional centre for customer solutions and integrated telecom solutions in Central and Eastern Europe. There are more than 350 million inhabitants in that region, more than 6% of the total global population, all of them potential users of different communications solutions and services.

Ericsson Nikola Tesla today employs round 1320 people and round 75% of them have a university education. Every year the company recruits several hundred young, creative people, mostly electrical and computing engineers.