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 5778

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 9234

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

2019-03-30 04:36 4998

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...

2019-03-28 00:52 4316

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...

2019-03-28 00:15 4077

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...

2019-03-12 15:56 511

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...

2019-02-27 00:41 4665

Ericsson and China Unicom Announce 5G Smart Harbor at the Port of Qingdao

WASHINGTON, Feb. 26, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and China Unicom, the world's fourth-largest mobile service provider by subscriber base, are developing a 5G smart harbor at the Port ofQingdao in China. The news follows a successful technical solution verification at the port ofQ...

2019-02-26 15:32 2657

STC and Ericsson Launch 5G Network in Saudi Arabia

- STC is deploying a 5G network using Ericsson commercial hardware and solutions including radio access network (RAN), packet core, transport and Ericsson Network Manager - 5G at mid- and high-bands is well suited for deployment at existing site grids  - The two partners' combined effort aims t...

2019-02-26 00:47 2589

Ooredoo Selects Ericsson for 5G

- Latest Ericsson 5G technologies to enhance the digital lives of people across Qatar - Ooredoo says deal will enable it to pursue smart cities, IoT, immersive events, and virtual reality opportunities - Deal spans Ericsson Radio System, 5G New Radio, and Ericsson microwave solutions WASHINGTO...

2019-02-25 23:03 2594

Ericsson Lays Out Vision for Cellular IoT With New Segments and Solutions

WASHINGTON, Jan. 31, 2019 /PRNewswire/ -- * Outlines evolution of cellular IoT in four segments leveraging new capabilities with 4G and 5G to tap growth opportunities from industry digitalization * Introduces Broadband IoT and Industrial Automation IoT as new segments in addition to Massive ...

2019-01-31 16:33 9298

Ericsson Reports Fourth Quarter and Full Year Results 2018

STOCKHOLM, Jan. 25, 2019 /PRNewswire/ -- Fourth quarter highlights * Sales as reported increased by 10% YoY and sales adjusted for comparable units and currency increased by 4%. * Networks sales adjusted for comparable units and currency grew by 6% YoY. Digital Services sales adjusted for co...

2019-01-25 15:11 11048

Invitation to Media and Analyst Briefings for Ericsson Q4 and Full Year 2018 Report

STOCKHOLM, Jan. 11, 2019 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter and full-year of 2018 will be published at approximately07:30 CET on January 25, 2019. The company will issue a press release with the complete financial report attached, including tables, ...

2019-01-11 21:10 5957

Provisions in Fourth Quarter 2018 Related to Reshaping BSS Business

STOCKHLM, Jan. 10, 2019 /PRNewswire/ -- * Provisions for estimated costs of SEK 6.1 b. to be taken in fourth quarter results, of whichSEK 3.1 b. restructuring charges * Planned measures will materially reduce losses in Business Support System (BSS) already in 2019. Reshaped BSS strategy expe...

2019-01-10 16:54 11336

Ericsson Releases its 10 Hot Consumer Trends for 2019

WASHINGTON, Dec. 12, 2018 /PRNewswire/ -- * Consumers expect smart speakers to take part in family arguments, just like other family members * Virtual assistant users think devices that understand our moods will be mainstream in three years * AR and VR users want hands-on virtual guidance f...

2018-12-12 14:29 556

Update on Software Issue Impacting Certain Customers

STOCKHOLM, Dec. 7, 2018 /PRNewswire/ -- Following network disturbances in a number of Ericsson's (NASDAQ:ERIC) customer networks, Ericsson has taken immediate action to minimize impact and support the restoration of services. During December 6, 2018, Ericsson has identified an issue in certain n...

2018-12-07 00:44 874

Ericsson and Volvo Cars Sign Five-year Connected Vehicle Cloud Worldwide Deal

WASHINGTON, Nov. 29, 2018 /PRNewswire/ -- * Ericsson Connected Vehicle Cloud (CVC) platform with global operational support to benefit Volvo Car Group worldwide market * Ericsson and Volvo Cars signed first Connected Vehicle Cloud deal in 2012 * Industrialized Ericsson Connected Vehicle Clou...

2018-11-29 16:42 1179

5G Estimated to Reach 1.5 Billion Subscriptions in 2024 - Ericsson Mobility Report

WASHINGTON, Nov. 27, 2018 /PRNewswire/ -- 5G is expected to reach more than 40 percent global population coverage and 1.5 billion subscriptions for enhanced mobile broadband by the end of 2024. This will make5G ...

2018-11-27 17:29 3849

Telenor Selects Ericsson for 5G Core Network Transformation

Ericsson to transform Telenor's core network in Sweden, Denmark and Norway by deployingEricsson Cloud Core solutions for 5G across multiple data centers New deal encompasses Ericsson's full portfolio of Virtualized Network Functions (VNF) and related services Telenor subscribers will benefit fro...

2018-11-14 16:52 418

Ericsson, Einride and Telia Power Sustainable, Self-driving Trucks With 5G

WASHINGTON, United States, Nov. 7, 2018 /PRNewswire/ -- Einride, Ericsson and Telia are putting 5G into motion at a DB Schenker facility in Jönköping, Sweden. The goal is to power an all-electric,autonomous transport ecosystem

2018-11-07 16:43 482