Ericsson acquires more than 95 percent of LHS shares>
Ericsson acquires more than 95 percent of LHS shares
(Thomson Reuters ONE) - Ericsson (NASDAQ:ERIC) has recently, through a wholly ownedsubsidiary, purchased shares in LHS AG (XETRA:LHS) that together withcurrently held shares represents more than 95 percent of theoutstanding shares in LHS.Today, Ericsson informed LHS that it requests a squeeze-outresolution to be passed at LHS' next shareholders' meeting. The datefor the next shareholders' meeting has not yet been set.Back in 2007, Ericsson announced a cash offer to acquire LHS, aimedat strengthening its leading offering in revenue management with afully integrated convergent charging and billing solution.Notes to editors:Ericsson announces cash offer to acquire LHSwww.ericsson.com/ericsson/press/releases/20070605-1131109.shtmlEricsson's multimedia content is available at the broadcast room:www.ericsson.com/broadcast_roomEricsson is the world's leading provider of technology and servicesto telecom operators. Ericsson is the leader in 2G, 3G and 4G mobiletechnologies, and provides support for networks with over 1 billionsubscribers and has a leading position in managed services. Thecompany's portfolio comprises of mobile and fixed networkinfrastructure, telecom services, software, broadband and multimediasolutions for operators, enterprises and the media industry. The SonyEricsson and ST-Ericsson joint ventures provide consumers withfeature-rich personal mobile devices.Ericsson is advancing its vision of "to be the prime driver in anall-communicating world" through innovation, technology, andsustainable business solutions. Working in 175 countries, more than75,000 employees generated revenue of SEK 209 billion (USD 32.2billion) in 2008. Founded in 1876 with the headquarters in Stockholm,Sweden, Ericsson is listed on OMX NASDAQ, Stockholm and NASDAQ NewYork.www.ericsson.comwww.ericsson.mobiwww.twitter.com/ericssonpressFOR FURTHER INFORMATION, PLEASE CONTACTEricsson Corporate Public & Media RelationsPhone: +46 10 719 69 92E-mail: press.relations(at)ericsson.comEricsson Investor RelationsE-mail: investor.relations.se(at)ericsson.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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