>>> Ericsson Sees 3-5% Network Equipment Mkt Growth Between 2012-16(Inv.day)

Ericsson expects CAGR of 3-5% in telco equipment mkt between 2012-16, sees telco services CAGR of 5-7%, support solutions CAGR of 9-11%. • In 2014, Ericsson’s key priorities will include monetizing European investments, shortening order-to-cash cycle, evolving its infrastructure software model • At its investor day, Ericsson will focus on describing the co’s strategy to deal with current FX headwinds • Statement • NOTE: Investor day held today.