Ericsson Annual Report 2023 published
* The Annual Report 2023 available for download and printed version available for order * The Annual Report 2023 publication consists of Ericsson's Financial report 2023, the Corporate Governance report 2023, the Remuneration report 2023 and the Sustainability and Corporate Responsibility rep...
Notice of Ericsson's Annual General Meeting 2024
STOCKHOLM, Feb. 28, 2024 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Wednesday, April 3, 2024 at 1 pm. The Nomination Committee proposes among other things: * Karl Åberg as new member of the Board (item 9 and 11) ...
Ericsson to utilize mandate to transfer shares
STOCKHOLM, Feb. 16, 2024 /PRNewswire/ -- Ericsson's (NASDAQ:ERIC) annual general meeting onMarch 29, 2023 authorized the company's board of directors to resolve on the transfer of the company's own shares. Under the authorization the company may, in conjunction with the delivery of vested shares ...
Ericsson appoints Chafic Nassif Head of Market Area North East Asia
* Effective as of February 26, 2024 * Becomes member of Ericsson's Executive Team, reporting to the CEO STOCKHOLM, Jan. 29, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the appointment ofChafic Nassif as its new Head of Market Area North East Asia and Senior Vice President. M...
Ericsson signs funding agreements with the European Investment Bank
* Ericsson has signed two 7-year funding agreements with the European Investment Bank (EIB) for a total ofEUR 420 million * The loans will finance parts of Ericsson's R&D investments in wireless technology up to 2025 * The R&D investments are an important contributor into Ericsson's overall ...
Ericsson reports fourth quarter and full-year results 2023
STOCKHOLM, Jan. 23, 2024 /PRNewswire/ -- Fourth quarter highlights – Solid EBITA and cash flow in a challenged market * Sales declined organically[1] by -17% YoY, driven by a -23% decline in Networks. Reported sales were down by -16% toSEK 71.9 b. * Gross income excluding restructuring cha...
Invitation to media and analyst briefing for Ericsson Q4 2023 report
* Report to be released at approximately 7:00 AM CET on January 23, 2024 * One live video webcast for analysts, investors, and journalists at 9:00 AM CET STOCKHOLM, Jan. 9, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter 2024 will be published at approxim...
AT&T to Accelerate Open and Interoperable Radio Access Networks (RAN) in the United States through new collaboration with Ericsson
STOCKHOLM, Dec. 5, 2023 /PRNewswire/ -- AT&T today announced plans to lead the United States in commercial scale open radio access network (Open RAN) deployment. This industry-leading move, in collaboration with Ericsson, will further the telecommunications industry efforts and build a more robus...
Ericsson Mobility Report: Resilient 5G uptake - global mobile data traffic set to triple in six years
* Global 5G subscriptions forecast to top 5.3 billion by the end of 2029 * Continued strong surge in global average data consumption per smartphone - predicted to increase from 21GB/month to 56GB/month between 2023 and 2029 * 85 percent of the global population to have ...
Ericsson ConsumerLab report highlights differentiated 5G connectivity opportunity for CSPs
* Twenty percent of 5G smartphone users willing to pay premium to CSPs for differentiated quality of service over 5G * 5G consumers three times more likely to switch provider because of poor connectivity experiences at major venues such as stadiums, arenas and airports ...
Ericsson reports second quarter 2023
STOCKHOLM, July 14, 2023 /PRNewswire/ -- Second quarter highlights – In line with expectations * Group organic sales[1] declined by -9% YoY. Segment Networks sales[1] declined by -13%, while segment Enterprise sales[1] grew by 20%. Reported sales wasSEK 64.4 (62.5) b. * The sharp decline i...
New number of shares and votes in Telefonaktiebolaget LM Ericsson
STOCKHOLM, May 31, 2023 /PRNewswire/ -- The total number of shares in Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) as ofMay 31, 2023, amounts to 3,344,151,735, of which 261,755,983 are A shares and 3,082,395,752 are B shares. The total number of votes is 569,995,558.2, of which the A shares re...
U.S. District Court dismisses securities claim against Ericsson
STOCKHOLM, May 25, 2023 /PRNewswire/ -- Yesterday, the U.S. District Court for the Eastern District ofNew York dismissed with prejudice the securities litigation against Ericsson (NASDAQ: ERIC) brought by certain shareholders. In its ruling, the court rejected in full the plaintiff's claims that ...
Ericsson resolves on an acquisition offer for C shares for LTV II 2023, LTV 2022 and LTV 2021
STOCKHOLM, May 3, 2023 /PRNewswire/ -- In accordance with the resolutions by the Annual General Meeting 2023, Ericsson (NASDAQ: ERIC) expands its treasury stock in order to provide shares for the Long-Term Variable Compensation Programs LTV II 2023, LTV 2022 and LTV 2021 for Ericsson's executive ...
Ericsson reports first quarter results 2023
STOCKHOLM, April 18, 2023 /PRNewswire/ -- First quarter highlights – Executing in a challenging market * Group organic sales[1] were unchanged YoY. As expected, segment Networks organic sales[1] declined by -2%, driven by lower operator capex and inventory optimization among multiple customer...
Ericsson announces CFO transition
STOCKHOLM, April 18, 2023 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced thatCarl Mellander, the Company's Chief Financial Officer, will step down at the end of the first quarter 2024. Mr. Mellander has been with Ericsson for over 25 years and has been a member of its Executive Team sinc...
Ericsson Announces Compliance Leadership Changes
STOCKHOLM, Feb. 28, 2023 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces that after almost four years as Ericsson's Chief Compliance Officer (CCO),Laurie Waddy will be leaving the company. Ms. Waddy joined Ericsson in April 2019 and played an important role in strengthening the company's ...
Notice of Ericsson's Annual General Meeting 2023
STOCKHOLM, Feb. 22, 2023 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Wednesday, March 29, 2023 at 3 pm. The Nomination Committee proposes among other things: * Jonas Synnergren and Christy Wyatt as new members of t...
New Ericsson solutions boost indoor 5G capacity and precise location services
* New suite of indoor hardware and software make indoor 5G easier for communications service providers (CSPs), enterprises, and neutral hosts to deploy, scale, and monetize * Introducing a new precise-location software that enables new enterprise use cases such as asset tracking and tool posi...
Strengthened Networks portfolio boosts Ericsson's drive towards Net Zero emissions
* A new range of 10 radios led by triple-band Radio 4485, which is 53 percent lighter than comparable products. Also launching new mobile transport and software solutions * Industry-first, 600MHz Massive MIMO radio with Ericsson-unique Interference Sensing software that adds up to 40 percent ...
