Ericsson and Philips unveil Zero Site
Feb 24, 2014 EST
Ericsson (NASDAQ:ERIC) and Royal Philips (NYSE: PHG, AEX: PHIA), the global leader in lighting, have jointly launched an innovative new connected LED street lighting model. The partnership solves two major issues that cities are facing today: providing citizens with improved network performance in dense urban areas as well as high quality, public lighting that is energy efficient.
Philips and Ericsson combine the benefits of mobile connectivity and LED lighting in a ''lighting-as-a-service'' model for cities. It allows city authorities to offer space within their connected lighting poles to network service providers for mobile broadband infrastructure.
Philips will now offer cities LED street lighting that can include mobile telecoms equipment from Ericsson. Mobile operators working with Ericsson for mobile broadband infrastructure will be able to rent space in the poles. In this way, mobile network operators will be able to improve data coverage and capacity for citizens, resulting in enhanced mobile broadband services. The model also accelerates the payback time for city infrastructure, by making the up-front costs of installing and managing these systems more affordable, so reducing the strain on city budgets.
