Ericsson awarded reduced market share by China Mobile
- Ericsson share for China Mobile CP for 700MHz radio award is 2% - Decision reflects earlier market guidance in connection with global risk factors STOCKHOLM, July 20, 2021 /PRNewswire/ -- Following a review of bids in the CP for 700MHz radio round ofChina's 5G network development, Ericsson has...
Ericsson reports second quarter results 2021
STOCKHOLM, July 16, 2021 /PRNewswire/ -- Second quarter highlights * Group organic sales grew by 8% YoY, despite a sales decline in Mainland China ofSEK -2.5 b. YoY and an IPR revenue decline of SEK -0.5 b. YoY. Reported sales wereSEK 54.9 (55.6) b. * Gross margin excl. restructuring charge...
Ericsson Mobility Report: More than half a billion 5G subscriptions by the end of 2021
KISTA, Sweden, June 16, 2021 /PRNewswire/ -- * 5G remains on track to become the fastest adopted mobile generation in history with subscriptions increasing at a rate of about a million per day * China, North America and the Gulf Cooperation Council markets are leading the way on subscriber nu...
Ericsson updates risk factors for Euro corporate bond prospectus
STOCKHOLM, May 24, 2021 /PRNewswire/ -- As previously disclosed by Ericsson (NASDAQ: ERIC) in its Q4 2020 financial report and in its 2020 annual report, there is a risk that the decision by the Post and Telecommunication Authority (PTS) to exclude Chinese vendors' products from the 5G auction in...
Ericsson's Nomination Committee appointed
STOCKHOLM, April 19, 2021 /PRNewswire/ -- Ericsson's (NASDAQ:ERIC) Nomination Committee for the Annual General Meeting 2022 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...
New Ericsson Open Lab to drive network virtualization technologies
* Launched today, Ericsson Open Lab has a global focus on innovating virtualized 5G Radio Access Networks (RAN) technologies * Ericsson Open Lab is a virtual and physical space for fast and interactive collaboration and co-creation with communications service providers and ecosystem partners ...
Ericsson reports fourth quarter and full-year results 2020
STOCKHOLM, Jan. 29, 2021 /PRNewswire/ -- Fourth quarter highlights * Sales adjusted for comparable units and currency grew by 13% YoY mainly driven by sales in North East Asia,Europe and North America. Reported sales were SEK 69.6 (66.4) b. * Gross margin excluding restructuri...
Ericsson reports third quarter results 2020
STOCKHOLM, Oct. 21, 2020 /PRNewswire/ -- Third quarter highlights * Sales adjusted for comparable units and currency increased by 7% YoY mainly driven by 5G sales in Mainland China. Reported sales wereSEK 57.5 (57.1) b. * Gross margin excluding restructuring charges improved to 43.2% (37.8%) w...
Ericsson's Annual General Meeting 2020
STOCKHOLM, March 31, 2020 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) Annual General Meeting (AGM) was held onMarch 31, 2020 in Kista/ Stockholm. Dividend The proposed dividend of SEK 1.50 per share was approved by the AGM. The dividend will be paid in two equal installments...
Update on Ericsson's Annual General Meeting 2020 Addressing the Corona Virus
* Ericsson plans to hold its Annual General Meeting of shareholders 2020 as scheduled at 3:00 pm CEST onMarch 31, 2020, but takes precautionary measures * Due to the current circumstances, the President and CEO Borje Ekholm will not attend in person, but will participate via link * Ericsson ...
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...
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: ...
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 ...
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 ...
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...
Ericsson Annual Report on Form 20-F filed with the SEC
STOCKHOLM, March 30, 2019 /PRNewswire/ -- On March 29, 2019, Ericsson (NASDAQ: ERIC) filed its Annual Report on Form 20-F for the year endedDecember 31, 2018 with the U.S. Securities and Exchange Commission (SEC). The Annual Report is available on Ericsson's website at https://www.ericsson.com/e...
Ericsson's Annual General Meeting 2019
STOCKHOLM, March 28, 2019 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) Annual General Meeting (AGM) was held onMarch 27, 2019 in Kista/ Stockholm. Dividend The proposed dividend of SEK 1 per share was approved by the AGM. The record day for dividend was set toFriday, March 29...
Börje Ekholm at Ericsson AGM: "Ericsson Leading the Way in 5G"
STOCKHOLM, March 28, 2019 /PRNewswire/ -- * Ericsson is leading the way in 5G commercialization * 2018 a year of financial turnaround, increased efficiency and customer centricity * Now turning to growth – selective, disciplined, and profitable Speaking at the Ericsson (NASDAQ: ERIC) Annual...
Ericsson Announces Change to the Executive Team
STOCKHOLM, March 12, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced thatRafiah Ibrahim will leave her position as Senior Vice President and Head of Market Area Middle East &Africa and will take on a role as advisor to CEO Börje Ekholm.Rafiah Ibrahim, who has held her current positio...
Etisalat UAE Selects Ericsson for 5G
WASHINGTON, Feb. 27, 2019 /PRNewswire/ -- * Enhanced mobile broadband and fixed wireless access among the early use cases * Ericsson 5G solution to enable Etisalat to address industry 4.0 digitalization opportunities * 5G technology will also enhance the daily lives of people in the UAE wit...
