Ericsson report highlights potential economic benefits of 5G in emerging markets
* Comprehensive Analysys Mason study spans 15 countries in Asia, Africa and Latin America * Potential GDP economic benefits vastly outweigh investment costs * Governments, regulators and policy makers play a key enabling role * Countries also set to benefit from environmental and social inc...
Ericsson reports third quarter results 2022
STOCKHOLM, Oct. 20, 2022 /PRNewswire/ -- Third quarter highlights * Group organic sales[1] grew by 3% YoY driven primarily by Networks in North America. Reported sales were SEK 68.0 (56.3) b., of which Vonage contributed SEK 2.9 b. since July 21. * Gross income increased to SEK 28.1 (24.8) ...
Ericsson partners with Jio to build India's first 5G Standalone network to achieve India's digital leadership
STOCKHOLM, Oct. 17, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has entered into a long-term strategic 5G contract with Indian communications service provider (CSP) Reliance Jio Infocomm Ltd. (Jio) to roll out 5G Standalone (SA) in the country. The announcement follows the allocation of 5G spec...
Ericsson's largest consumer study shows 5G is already paving the path to the metaverse
STOCKHOLM, Oct. 13, 2022 /PRNewswire/ -- * Ericsson ConsumerLab's 5G: The Next Wave report is the largest consumer 5G research to date. * Compared to 4G users - 5G users spend an average of one hour per-week more on metaverse-related services, such as gaming in virtual worlds, and augmented ...
Invitation to media and analyst briefing for Ericsson Q3 2022 report
* Report to be released at approximately 7:00 AM CEST on October 20, 2022 * One live video webcast for analysts, investors and journalists at 9:00 AM CEST STOCKHOLM, Oct. 6, 2022 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the third quarter 2022 will be published at approxim...
Invitation to briefing on Vonage and Global Network Platform
* Ericsson to host a briefing on recent Vonage acquisition and development of Global Network Platform * Conference call including Q&A scheduled at 6:00 PM CEST, September 26 STOCKHOLM, Sept. 13, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) invites stakeholders to a briefing onSeptember 26, 6:...
Invitation to conference call on restated segment financials
STOCKHOLM, Aug. 29, 2022 /PRNewswire/ -- * As previously announced Ericsson is as of Q3 2022 changing its reporting structure to reflect its new organization * Restated segment financials for 2022 first and second quarter, 2021 by quarter and 2020 full year will be publishedSeptember 20, at 8...
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...
