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Philips, Ericsson to offer connected LED lighting, Philips says in Politico

Philips (PHG) and Ericsson (ERIC) have jointly launched a "connected LED street lighting model" for cities, a Philips executive wrote in Politico. The companies will enable cities to offer space within connected lighting poles to network service providers for mobile broadband infrastructure, the executive wrote. The LED lighting products launched by the companies will provide energy efficient lighting and improve network performance, the executive wrote. .