Berlin:ERCB

Arun Bansal Appointed Executive Vice President of Ericsson

STOCKHOLM, June 10, 2020 /PRNewswire/ -- * Bansal remains Head of Market Area Europe & Latin America and member of the Executive Team * Following the appointment, Ericsson will have two Executive Vice Presidents: Fredrik Jejdling as first EVP and Arun Bansal as second EVP Ericsson's (NASDAQ: ...

2020-06-10 20:33 4875

Ericsson's Nomination Committee Appointed

STOCKHOLM, April 23, 2020 /PRNewswire/ -- Ericsson's (NASDAQ:ERIC) Nomination Committee for the Annual General Meeting 2021 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012. The Nomination Committee consists of: * J...

2020-04-23 15:20 4454

Invitation to Media and Analyst Briefing for Ericsson Q1 2020 Report

STOCKHOLM, April 14, 2020 /PRNewswire/ -- * Report to be released at approximately 7:00 AM CEST on April 22, 2020 * One conference call for analysts, investors and journalists at 9:00 AM CEST Ericsson's (NASDAQ: ERIC) financial report for the first quarter 2020 will be published at approximat...

2020-04-14 15:41 7831

Börje Ekholm Addresses Shareholders Before Today's AGM

STOCKHOLM, March 31, 2020 /PRNewswire/ -- Due to the Coronavirus crisis, Ericsson's (NASDAQ: ERIC) Annual General Meeting 2020 (AGM) is changed in scope. To enable shareholders to follow the meeting remotely, Ericsson will propose to have the meeting available via live webcast atwww.ericsson.com....

2020-03-31 15:27 7733

Ericsson Annual Report 2019 Published

STOCKHOLM, March 3, 2020 /PRNewswire/ -- The Ericsson (NASDAQ: ERIC) Annual Report for 2019 is now available on the Ericsson web site. For more details, please visit:https://www.ericsson.com/en/investors  To download the Annual Report 2019: https://www.ericsson.com/en/investors/financial-reports...

2020-03-03 16:00 7381

Invitation to Ericsson's Annual General Meeting 2020

STOCKHOLM, Feb. 21, 2020 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Tuesday, March 31, 2020, at 3 p.m. at Kistamassan, Arne Beurlings Torg 5, Kista/ Stockholm. The Nomination Committee proposes among other things: ...

2020-02-21 16:27 5793

Ericsson Withdraws From MWC Barcelona 2020

STOCKHOLM, Feb. 7, 2020 /PRNewswire/ -- * Ericsson's responsibility for the health and safety of employees, customers and other stakeholders is the company's top priority * Due to the outbreak of the novel corona virus Ericsson has taken the decision to withdraw from the industry event GSMA M...

2020-02-07 20:03 6665

Ericsson Reports Fourth Quarter and Full-year Results 2019

STOCKHOLM, Jan. 24, 2020 /PRNewswire/ -- Fourth quarter highlights * Sales were SEK 66.4 (63.8) b. Sales growth was 1% adjusted for comparable units and currency. A reduction inNorth America was compensated by growth in other markets, primarily in theMiddle East and North East Asia. Reported sa...

2020-01-24 14:57 15221

Ericsson Reaches Resolution on U.S. FCPA Investigations

 - Ericsson has entered into a three-year Deferred Prosecution Agreement (DPA) with the U.S. Department of Justice (DOJ) to resolve criminal charges related to violations of the FCPA. This relates to accounting violations of the FCPA in five countries including inDjibouti where there is also a ch...

2019-12-09 09:15 4071

Ericsson Comments on Press Coverage About the Resolution of Ongoing U.S. FCPA Investigations

STOCKHOLM, Dec. 5, 2019 /PRNewswire/ -- As previously disclosed, Ericsson (NASDAQ: ERIC) is in discussions with the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) regarding the resolution of their investigations of the Company's compliance with the U.S. Foreign ...

2019-12-05 17:41 4834

Ericsson Mobility Report: 5G Subscriptions to Top 2.6 Billion by End of 2025

WASHINGTON, Nov. 25, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) expects the global number of 5G subscriptions to top 2.6 billion within the next six years, driven by sustained momentum and a rapidly developing 5G ecosystem. The forecast is included in theNovember 2019 edition of the Ericson Mob...

2019-11-25 17:31 3065

Korea's LG U+ Selects Ericsson as a 5G RAN and 5G Core Vendor

WASHINGTON, Oct. 18, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has been selected by Korean communication service provider LG U+ as a 5G radio access network (RAN) vendor for its 3.5 GHz Non-Standalone (NSA) 5G network. Ericsson has already been selected by LG U+ as a preferred 5G core network ...

2019-10-18 13:36 6069

Ericsson Reports Third Quarter Results 2019

STOCKHOLM, Oct. 17, 2019 /PRNewswire/ -- Third quarter highlights   * Sales were SEK 57.1 (53.8) b. Sales adjusted for comparable units and currency increased by 3% driven by strong growth inNorth America and North East Asia. Reported sales grew by 6%. * Operating income was impacted by cos...

2019-10-17 14:09 10501

Invitation to Media and Analyst Briefings for Ericsson Q3 2019 Report and Investor Update

STOCKHOLM, Oct. 3, 2019 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the third quarter of 2019 will be published at approximately7:00 AM CEST on October 17, 2019. The company will issue a press release with the complete financial report attached, including tables, in PDF format...

2019-10-03 16:13 8808

Ericsson and KDDI to Deploy 5G Network

WASHINGTON, Sept. 30, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has been selected by communications service provider KDDI as the primary 5G vendor for next-generation network deployment inJapan. KDDI expects the first commercial live 5G services to be available fromMarch 2020, with more than 9...

2019-09-30 14:34 9474

Ericsson Estimates Costs for Resolving Investigations by U.S. Authorities at SEK 12 b. and Makes Provision in Third Quarter

STOCKHOLM, Sept. 26, 2019 /PRNewswire/ -- As previously disclosed, Ericsson (NASDAQ: ERIC) has been co-operating voluntarily since 2013 with an investigation by the United States Securities and Exchange Commission (SEC) and, since 2015, with an investigation by the United States Department of Ju...

2019-09-26 11:05 5295

Ericsson Automated Smart Factory Operational in China

WASHINGTON, United States, Sept. 17, 2019 /PRNewswire/ -- September 2019 marks a major milestone in Ericsson's (NASDAQ: ERIC) smart manufacturing capabilities as aSEK 500 million transformation of the company's existing factory in Nanjing, China, reaches its conclusion. The resulting automated fac...

2019-09-17 14:32 6196

Ericsson Announces Changes to the Executive Team

STOCKHOLM, Aug. 22, 2019 /PRNewswire/ -- Effective September 1, 2019, Fadi Pharaon is appointed Senior Vice President and Head of Market Area Middle East & Africa at Ericsson (NASDAQ: ERIC), and member of Ericsson's Executive Team, reporting to the CEO. Fadi Pharaon currently holds the position as...

2019-08-22 15:08 6149

Ericsson Reports Second Quarter Results 2019

STOCKHOLM, July 17, 2019 /PRNewswire/ -- Second quarter highlights   * Sales were SEK 54.8 (49.8) b. Sales adjusted for comparable units and currency increased by 7% driven by growth in Networks inNorth America and North East Asia. Reported sales grew by 10%. * Gross margin was 36.6% (34.8%)...

2019-07-17 14:51 12509

DIGI | RCS & RDS and Ericsson go Live With 5G Mobile Service in Romania

WASHINGTON, June 27, 2019 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) and RCS&RDS (DIGI) have launchedRomania's first 5G commercial service in the busiest parts ofBucharest, where 5G can really make a difference by providing increased speeds for mobile broadband to businesses and consumers. DIGI | RC...

2019-06-27 20:18 8968
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