Telefonaktiebolaget LM Ericsson (publ) announced the appointment of Fabian Monge, Ericsson seeks to boost the adoption and positioning of 5G as part of its commitment to connectivity and bridging the digital divide in the different countries that make up the region. Monge has more than 15 years of experience in the field of telecommunications and a solid track record within the Swedish organization. Fabian Monge, Head of Customer Unit Latin America North and Caribbean Ericsson announced the appointment of Fabian Monge Munoz as the new Customer Unit Head for Latin America North and Caribbean.

With his extensive experience and proven track record in the technology and telecommunications industry, Fabian Monge is well-positioned to lead Ericsson's operations in one of the most diverse and dynamic regions in the world. Latin America and the Caribbean is a key market area for Ericsson, encompassing more than 39 territories, 7 different languages, and 2 factories. Fabian Monge's appointment comes at a crucial time as the region continues to witness rapid advancements in digital transformation and the adoption of 5G networks.

Fabian Monge brings a wealth of experience to his new role, having served as the Acting Head of Customer Unit Latin America North and Caribbean, as well as the General Manager of the Ericsson Mexico Legal Entity. His executive and management positions in various business segments and geographies in Latin America, including his tenure as Vice President and General Manager for Central American legal entities, have equipped him with deep insights into the region's unique opportunities and challenges. Prior to joining Ericsson, Fabian was actively involved in global technology companies and financial organizations including the National Bank of Costa Rica.

He holds a master's degree in business administration with a specialization in ICT and Digital Transformation, as well as specializations in wireless systems. In his new role, Fabian Monge will lead Ericsson's efforts to promote the adoption of 5G networks in Latin America, with a focus on promoting innovation, strengthening competitiveness, and increasing productivity in the region. Mexico, as the first market in Latin America to have commercial 5G services, currently has over 10 million 5G users in 125 cities. As the deployment of 5G networks continues in Latin America, Fabian will work to create an environment conducive to the widespread adoption and utilization of 5G technology across the population, government, academia, and businesses.

Fabian Monge's appointment underscores Ericsson's commitment to driving the digital transformation in Latin America and the Caribbean, as the company aims to facilitate the widespread adoption of 5G networks and play a decisive role in addressing the challenges of climate change.