FAIRFIELD, N.J., May 3, 2016 /PRNewswire/ -- Ericsson, a world leader in communications technology and services, has named KMM as one of its preferred suppliers, earning the company a spot in the elite Ericsson Preferred Provider (EPP) program. KMM, a leading provider of logistics and network services to the U.S. communications industry, will join a select group of service providers that has been carefully vetted to provide a wide range of services to support Ericsson with its network build-out projects.
Ericsson launched the EPP program in 2015 to provide its preferred suppliers with access to more predictable and concentrated spend. In doing so, these providers will be better equipped to manage investments, resources and pricing. The result is an increase in quality and cost savings that comes with volume. Preferred providers also benefit from Ericsson's superior buying power, which can help reduce operating expenses. The program illustrates a mutual commitment between Ericsson and its suppliers to provide sustained, quality services.
"KMM is proud to be one of Ericsson's preferred providers and we see this as a fantastic opportunity to strengthen our existing strategic partnership," said KMM's President Nick Shanker. "Our participation in this program is a reflection of our commitment to helping Ericsson grow their business and to providing them with skill, scale, and portfolio."
As a preferred provider, KMM will perform logistics, ground civils, lines and antennae work, telecom equipment installation and integration, and engineering services for Ericsson.
KMM is a leading national provider of supply chain solutions and network services to the U.S. communications market. We couple our core logistics services with highly skilled field expertise to deliver integrated solutions spanning full network lifecycles. Supported by multi-tiered warehousing options, an extensive portfolio of services, systems and certified technicians, KMM's solutions result in improved efficiencies, decreased time to market and greater cost savings for our customers. KMM is a certified woman-owned business enterprise.
Ericsson is the driving force behind the Networked Society - a world leader in communications technology and services. Our long-term relationships with every major telecom operator in the world allow people, business and society to fulfill their potential and create a more sustainable future.
Our services, software and infrastructure - especially in mobility, broadband and the cloud - are enabling the telecom industry and other sectors to do better business, increase efficiency, improve the user experience and capture new opportunities.
With approximately 115,000 professionals and customers in 180 countries, we combine global scale with technology and services leadership. We support networks that connect more than 2.5 billion subscribers. Forty percent of the world's mobile traffic is carried over Ericsson networks. And our investments in research and development ensure that our solutions - and our customers - stay in front.
Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales in 2015 were SEK 246.9 billion (USD 29.4 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.
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