Rochester,NY 7/9/2009 10:09:08 PM
News / Finance

ERIC - Ericsson, Telecom Italia Headed the solar site solution trial - Sourced WhisperFromWallStreet.com

LM Ericsson Telephone Company

ERIC - Ericsson, Telecom Italia Headed the solar site solution trial - Sourced WhisperFromWallStreet.com

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LM Ericsson Telephone Company,ERIC

Real-Time: 9.25 Down 0.11 (1.18%) 10:49AM ET

COMPANY NEWS

Ericsson and Telecom Italia are at the forefront of solar-powered site development, proving that alternative energy sources represent a viable business case for both emerging and developed markets. The Eco-Smart solution, based on flexible solar panels, can generate up to 100 percent of the energy required to power a site in the same land space as a traditional site. Environmental issues are high on Ericsson's agenda and this trial aims to prove that solar solutions represent a sustainable business case for operators in developed countries. As energy costs can account for up to 50 percent of a site's operating expenses, the Eco-Smart solution can help operators make significant cost savings while reducing CO2 emissions.

COMPANY INFORMATION

LM Ericsson provides telecommunications equipment and related services to mobile and fixed network operators. It operates in four segments: Networks, Professional Services, Multimedia, and Phones.

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