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...
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
Fujitsu and Ericsson Team up on 5G Partnership
TOKYO and STOCKHOLM, Oct. 26, 2018 /PRNewswire/ -- Fujitsu Limited and Ericsson (NASDAQ: ERIC) have entered an agreement to deliver end-to-end 5G network solutions and related services under a strategic partnership. The two companies are joining forces to develop this based on their combined port...
Press Invitation: Ericsson Capital Markets Day 2018
STOCKHOLM, Oct. 25, 2018 /PRNewswire/ -- * Management presentations in New York on November 8, 2018, from 10 am EST * Live webcast between 10 am and 4pm EST Ericsson (NASDAQ: ERIC) will hold its Capital Markets Day onNovember 8, 2018 in New York, New York. You are welcome to join the Executi...
Ericsson to Deliver Mission-critical Communications to UN Peacekeepers
WASHINGTON, Oct. 25, 2018 /PRNewswire/ -- * Ericsson to provide UN peacekeeping missions with Private LTE networks * Advanced mission-critical mobile broadband technologies enabling unrivalled situational awareness for peacekeepers during operations * First live UN Private LTE networks expe...
Invitation to Media and Analyst Briefings for Ericsson Q3 2018 Report
STOCKHOLM, Oct. 11, 2018 /PRNewswire/ -- * Report to be released at approximately 07:30 CEST on October 18, 2018 * Press briefing at Ericsson Studio with live video webcast starts at 09:00 CEST * Conference call for analysts, investors and journalists starts at 14:00 CEST Ericsson's (NASDAQ...
MediaKind Shows Momentum at IBC 2018, Ericsson Expects to Close Divestment of Majority Stake Around Year End
STOCKHOLM, Sept. 18, 2018 /PRNewswire/ -- - Expected closure of divestment of majority stake in MediaKind (previously Media Solutions) around year end, as compared to previously communicated Q3 2018 - Focus is on ensuring a smooth transition for customers and employees while creating an efficien...
