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...
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...
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...
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...
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 ...
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...
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, ...
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...
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...
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...
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...
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
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...
