Excito board extended with strong expertise in the telecom sector

Press Release   •   Jul 02, 2013 13:10 BST

Excito announces that two big names in the telecom sector have joined the company.

Lars E. Svensson becomes the new chairman while Bert Nordberg joins the advisory board.

Recently, Excito launched the V1, the first mediabox in it’s View series, which is sold through operators and service providers along with media and TV-packages. The company is pleased to announce that they now have added experience and expertise within the Telecom industry by recruiting Lars E. Svensson and Bert Nordberg to the board and advisory positions.

Lars E. Svensson, former CEO, Ericsson Enterprise and CEO, Ericsson Poland has an extensive international experience in the telecom sector. He will be a great support in the company's strategic drive to provide over-the-top (OTT) products into operators and service providers globally.

"Excito feels incredibly exciting and are targeting a market where I hold a long international experience. I also have a strong belief that the OTT market will grow enormously. For telecom operators, this is also an opportunity to bring in new revenue and stop consumer churn, " comments Lars E. Svensson.

Bert Nordberg, former CEO of Sony Ericsson and chairman of Sony Mobile, has been appointed to the advisory board. Bert Nordberg's also has extensive experience in the telecom sector and will bring a great business network of both potential clients and partners.

"For Excito it is a great opportunity to attract both Lars E. Svensson and Bert Nordberg to the company. Their international contacts and long experience in our sector give us the extra traction required to take advantage of the growth opportunity in OTT services. "concludes Patrik Nilsson, CEO at Excito. 

Excito develops a product ecosystem that lets consumers enjoy on-demand movies, TV, music and all their own digital media wherever they are - just using their smartphone or tablet.

Known for their attractive design and quick setup, the company's products View and Listen lets consumers turn their mobiles, TVs and HiFi sets into a media network, while Share provides reliable storage and sharing for any digital media. Everything is managed from Home – the Excito app.

Excito's products are marketed as a complete portfolio of hardware, software and apps for launching over-the-top (OTT) services, with the ambition to create new revenue streams for operators and service providers and eye-opening experiences for their customers.

For more information visit www.excito.com