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Ericsson Wins Extension of Its Volvo Contract

Ericsson Wins Extension of Its Volvo Contract

Ericsson (ERIC) has won an extension of its contract to power Volvo’s digital vehicle services in more than 120 markets for another five years. Volvo first signed up for Ericsson’s connected-vehicle services in 2012. Ericsson said its latest Volvo contract is the largest ever for its connected-vehicle service.