Invitation to media and analyst briefing for Ericsson Q2 2022 report
* Report to be released at approximately 7:00 AM CEST on July 14, 2022 * One live video webcast for analysts, investors and journalists at 9:00 AM CEST STOCKHOLM, June 30, 2022 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second quarter 2022 will be published at approxima...
Update on Ericsson's proposed acquisition of Vonage
STOCKHOLM, June 28, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) continues to work closely with the Committee on Foreign Investment inthe United States as it reviews its proposed acquisition of Vonage Holdings Corp. (NASDAQ: VG). The merger has cleared all other requisite foreign and US regulator...
Ericsson changes Group structure and Executive Team to execute on growth strategy
* To capitalize on the convergence of software and services and deliver growth in the core business, a new Business Area Cloud Software and Services is introduced, combining Business Area Digital Services and Business Area Managed Services. Per Narvinger will head up the unit and will be a memb...
Ericsson reports first quarter results 2022
STOCKHOLM, April 14, 2022 /PRNewswire/ -- First quarter highlights * Group organic sales grew by 3% YoY driven by Networks in North America and inEurope and Latin America. Reported sales were SEK 55.1 (49.8) b. * Reported gross margin was 42.3% (42.8%) impacted by proactive investments in sup...
Ericsson Responsible Business meeting ahead of the AGM
STOCKHOLM, March 21, 2022 /PRNewswire/ -- Following today's press release where the Ericsson Board of Directors made statement in advance of the Annual General Meeting, we invite shareholders and others to join us for an update on our enhanced ethics and compliance program and a summary of recent...
Ericsson Board of Directors issues statement in advance of the Annual General Meeting
STOCKHOLM, March 21, 2022 /PRNewswire/ -- Ericsson today issues a statement by its Chairman and Board of Directors regarding the company's resolution and ongoing engagement with the United States Department of Justice (DOJ). Ericsson reached a resolution with the DOJ in 2019 and is currently oper...
Ericsson appoints Scott Dresser as Chief Legal Officer
STOCKHOLM, March 16, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced the appointment ofScott Dresser to the company's Executive Team as Senior Vice President, Chief Legal Officer and Head of Group Function Legal Affairs & Compliance. Scott will join Ericsson on21 March 2022 and be ba...
INVITATION TO MEDIA AND ANALYST CALL
STOCKHOLM, March 2, 2022 /PRNewswire/ -- The company will hold a conference call for journalists, financial analysts and investors. Börje Ekholm, President and CEO, will make brief comments and take questions The conference call will begin March 2, at 10:30 AM CET (9:30 AM GMT in London and4.30 ...
Notice of Ericsson's Annual General Meeting 2022
STOCKHOLM, Feb. 22, 2022 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Tuesday, March 29, 2022 at 3 pm. Due to COVID-19, the Board of Directors has decided that the Annual General Meeting of shareholders 2022 will be c...
Invitation to media and analyst briefing for Ericsson Q4 and full year 2021 report
STOCKHOLM, Jan. 12, 2022 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter and full year of 2021 will be published at approximately7:00 AM CET on January 25, 2022. The company will issue a press release with the complete financial report attached, including tables...
Ericsson pledges to support one million children and young people by 2025 with access to digital learning and skills
STOCKHOLM, Dec. 9, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces a major new commitment to empower one million children and young people by 2025 through access to digital learning, tools, content and development programs. This commitment forms part of the World Economic Forum-align...
Ericsson signs USD 2 billion sustainability-linked revolving credit facility
- USD 2 billion sustainability-linked revolving credit facility signed - Transaction underlines the confidence in Ericsson's financial and sustainable performance STOCKHOLM, Sept. 30, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has signed a USD 2 billion sustainability-linked revolving credit fa...
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...
