Redback Networks Announces Broadband Win with Bharti-Airtel of India

Business Wire, May 13, 2008

Deal Represents Another Joint Win with Ericsson; Redback to Help Airtel Deliver Pre-Paid and On-Demand Broadband Services

SAN JOSE, Calif. -- Redback Networks Inc., an Ericsson company (NASDAQ:ERIC) that makes video-centric routers for 75 percent of the world's largest triple-play networks, today announced a deal to deliver broadband-on-demand services for Bharti Airtel LTD (Airtel), India's largest private integrated telecom services provider.

Under the agreement, Redback's SmartEdge[R] 400 router platform and NetOp[TM] policy management software will deliver a mix of pre-paid and on-demand broadband services for Airtel broadband fixed line subscribers. Today, Airtel has more than 55 million total subscribers and is the largest private telecom services provider in India. Over time, Redback and Ericsson will help Airtel unify its fixed and mobile infrastructure to provide a combination of residential and business services.

"India is a growth rocket for on-demand broadband and pre-paid broadband services, and Airtel is the largest private telecom services provider in this market," said Herve Brunet, vice president, Asia-Pacific sales and operations, Redback Networks. "On-demand broadband routing is one of the biggest trends reshaping telecommunications, and India joins China as one of the biggest growth opportunities for Redback."

Redback routers manage data, voice and video services for 75 percent of the world's largest telephone companies. More than 40 percent of Redback routers also provide business services for top 20 carriers. Typical network applications managed by SmartEdge routers include broadband access (such as high-speed Internet services), edge routing (such as VoIP and VPN services) and Ethernet aggregation (such as IPTV and other video services).

Redback Networks was acquired by Ericsson in January 2007. Over the last 15 months, Redback has won more than 100 carrier deals with Ericsson in 55 countries, including four of the top 10 mobile carriers and two additional top 20 fixed carriers.

Ericsson is the #1 market leader in mobile infrastructure. Ericsson delivers end-to-end solutions for fixed and mobile operators in IMS (IP Multimedia Subsystem), soft-switching, optical transport and broadband access. Redback's intelligent routing technology is at the center of Ericsson's end-to-end solutions.

About Redback Networks

An Ericsson company since January 2007 (NASDAQ:ERIC), Redback Networks Inc. has sold more than 106 million broadband subscriber licenses to 75 percent of the world's largest telephone companies worldwide. Redback's multi-service routing platform delivers next generation broadband services such as VoIP, IPTV, On-Demand Video, and on-line gaming. Redback Networks has more than 500 carrier customers worldwide and is based in San Jose, CA. For more information, visit Redback Networks at www.redback.com.

About Ericsson

Ericsson is the world's leading provider of technology and services to telecom operators. The market leader in 2G and 3G mobile technologies, Ericsson supplies communications services and manages networks that serve more than 185 million subscribers. The company's portfolio comprises mobile and fixed network infrastructure, and broadband and multimedia solutions for operators, enterprises and developers. The Sony Ericsson joint venture provides consumers with feature-rich personal mobile devices.

Ericsson is advancing its vision of 'communication for all' through innovation, technology, and sustainable business solutions. Working in 175 countries, more than 70,000 employees generated revenue of USD 27.9 billion (SEK 188 billion) in 2007. Founded in 1876 and headquartered in Stockholm, Sweden, Ericsson is listed on the Stockholm, London and NASDAQ stock exchanges. For more information, visit www.ericsson.com or www.ericsson.mobi.