Ericsson: Ericsson’s global services business wins award for Best Organic Growth from A.T. Kearney

Ericsson’s global services business wins award for Best Organic Growth from A.T. Kearney STOCKHOLM, SWEDEN — (MARKET WIRE) — November 30, 2006 —

Ericsson (NASDAQ: ERIC) has won A.T. Kearney’s global award for BestOrganic Growth 2006, based upon the growth and strategies of itsbusiness unit Global Services. This is a proof point of Ericsson’ssuccess

and focus in all aspects of telecom services.

A.T. Kearney is a global leading management consultancy company. Theaward is based on A.T. Kearney’s Global Growth Excellence Survey.

Paul Laudicina, CEO, A.T. Kearney, says: “Ericsson, compared to over100 other companies in the survey, delivered a very impressive andconvincing growth and value creation performance with a dominantweight on organic growth. Overall it was an excellent performance.”

Hans Vestberg, executive vice president, Global Services, Ericssonsays: “We are proud to receive this award, which confirms the strongcommitment within Ericsson for the area of telecom services. Theaward acknowledges our executed growth strategies as well as ourindustry leading processes, methods and tools.”

The A.T. Kearney Global Growth Excellence Survey is designed tocapture the best growth practices and benchmarks from companies ofall sizes across all major regions and industries. It recognizescompanies that outperform their competitors with outstandingstrategies and results. The winners were evaluated according to theirrelative performance against the industry, based on the relativegrowth rate of the respective industry.

“Internally, Ericsson convince with very good processes and systems.Externally they greatly improved their competitiveness,” FritzKröger, vice president Strategy of A.T. Kearney, says.

Ericsson is shaping the future of Mobile and Broadband Internetcommunication through its continuous technology leadership. Providinginnovative solutions in more than 140 countries, Ericsson is helpingto create the most powerful communication companies in the world.

Read more at www.ericsson.com

FOR FURTHER INFORMATION, PLEASE CONTACT

Ericsson Media RelationsPhone: +46 8 719 6992E-mail: press.relations@ericsson.com

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