Dusseldorf:ERCB

Ericsson Reports Second Quarter Results 2020

STOCKHOLM, July 17, 2020 /PRNewswire/ -- Second quarter highlights            * Sales were SEK 55.6 (54.8) b. Sales adjusted for comparable units and currency were flat YoY.            * Gross margin excluding restructuring charges improved to 38.2% (36.7%), including the earlier communica...

2020-07-17 14:15 19950

Arun Bansal Appointed Executive Vice President of Ericsson

STOCKHOLM, June 10, 2020 /PRNewswire/ -- * Bansal remains Head of Market Area Europe & Latin America and member of the Executive Team * Following the appointment, Ericsson will have two Executive Vice Presidents: Fredrik Jejdling as first EVP and Arun Bansal as second EVP Ericsson's (NASDAQ: ...

2020-06-10 20:33 4971

Ericsson's Nomination Committee Appointed

STOCKHOLM, April 23, 2020 /PRNewswire/ -- Ericsson's (NASDAQ:ERIC) Nomination Committee for the Annual General Meeting 2021 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...

2020-04-23 15:20 4542

Invitation to Media and Analyst Briefing for Ericsson Q1 2020 Report

STOCKHOLM, April 14, 2020 /PRNewswire/ -- * Report to be released at approximately 7:00 AM CEST on April 22, 2020 * One conference call for analysts, investors and journalists at 9:00 AM CEST Ericsson's (NASDAQ: ERIC) financial report for the first quarter 2020 will be published at approximat...

2020-04-14 15:41 7946

Börje Ekholm Addresses Shareholders Before Today's AGM

STOCKHOLM, March 31, 2020 /PRNewswire/ -- Due to the Coronavirus crisis, Ericsson's (NASDAQ: ERIC) Annual General Meeting 2020 (AGM) is changed in scope. To enable shareholders to follow the meeting remotely, Ericsson will propose to have the meeting available via live webcast atwww.ericsson.com....

2020-03-31 15:27 7877

Ericsson Annual Report on Form 20-F filed with the SEC

STOCKHOLM, March 20, 2020 /PRNewswire/ -- On March 19, 2020, Ericsson (NASDAQ:ERIC) filed its Annual Report on Form 20-F for the year endedDecember 31, 2019 with the U.S. Securities and Exchange Commission (SEC). The Annual Report is available on Ericsson's website at https://www.ericsson.com/en...

2020-03-20 11:22 5376

Update on Ericsson's Annual General Meeting 2020 Addressing the Corona Virus

* Ericsson plans to hold its Annual General Meeting of shareholders 2020 as scheduled at 3:00 pm CEST onMarch 31, 2020, but takes precautionary measures * Due to the current circumstances, the President and CEO Borje Ekholm will not attend in person, but will participate via link * Ericsson ...

2020-03-17 16:09 5631

Ericsson to Acquire Genaker to Strengthen Mission Critical Push-to-talk Offering

STOCKHOLM, March 12, 2020 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has signed an agreement to acquire 100 percent of the shares in Genaker, a provider of Mission Critical Push-to-talk (MC-PTT) solutions, based inBarcelona, Spain. The acquisition strengthens Ericsson's MC-PTT offering as the missi...

2020-03-12 16:19 9503

Ericsson Annual Report 2019 Published

STOCKHOLM, March 3, 2020 /PRNewswire/ -- The Ericsson (NASDAQ: ERIC) Annual Report for 2019 is now available on the Ericsson web site. For more details, please visit:https://www.ericsson.com/en/investors  To download the Annual Report 2019: https://www.ericsson.com/en/investors/financial-reports...

2020-03-03 16:00 7442

Invitation to Ericsson's Annual General Meeting 2020

STOCKHOLM, Feb. 21, 2020 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Tuesday, March 31, 2020, at 3 p.m. at Kistamassan, Arne Beurlings Torg 5, Kista/ Stockholm. The Nomination Committee proposes among other things: ...

2020-02-21 16:27 5851

Ericsson Withdraws From MWC Barcelona 2020

STOCKHOLM, Feb. 7, 2020 /PRNewswire/ -- * Ericsson's responsibility for the health and safety of employees, customers and other stakeholders is the company's top priority * Due to the outbreak of the novel corona virus Ericsson has taken the decision to withdraw from the industry event GSMA M...

2020-02-07 20:03 6802

Ericsson Reports Fourth Quarter and Full-year Results 2019

STOCKHOLM, Jan. 24, 2020 /PRNewswire/ -- Fourth quarter highlights * Sales were SEK 66.4 (63.8) b. Sales growth was 1% adjusted for comparable units and currency. A reduction inNorth America was compensated by growth in other markets, primarily in theMiddle East and North East Asia. Reported sa...

2020-01-24 14:57 15295

Ericsson Reaches Resolution on U.S. FCPA Investigations

 - Ericsson has entered into a three-year Deferred Prosecution Agreement (DPA) with the U.S. Department of Justice (DOJ) to resolve criminal charges related to violations of the FCPA. This relates to accounting violations of the FCPA in five countries including inDjibouti where there is also a ch...

2019-12-09 09:15 4166

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 ...

2019-12-05 17:41 4888

Ericsson Mobility Report: 5G Subscriptions to Top 2.6 Billion by End of 2025

WASHINGTON, Nov. 25, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) expects the global number of 5G subscriptions to top 2.6 billion within the next six years, driven by sustained momentum and a rapidly developing 5G ecosystem. The forecast is included in theNovember 2019 edition of the Ericson Mob...

2019-11-25 17:31 3128

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 ...

2019-10-18 13:36 6194

Ericsson Reports Third Quarter Results 2019

STOCKHOLM, Oct. 17, 2019 /PRNewswire/ -- Third quarter highlights   * Sales were SEK 57.1 (53.8) b. Sales adjusted for comparable units and currency increased by 3% driven by strong growth inNorth America and North East Asia. Reported sales grew by 6%. * Operating income was impacted by cos...

2019-10-17 14:09 10640

Invitation to Media and Analyst Briefings for Ericsson Q3 2019 Report and Investor Update

STOCKHOLM, Oct. 3, 2019 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the third quarter of 2019 will be published at approximately7:00 AM CEST on October 17, 2019. The company will issue a press release with the complete financial report attached, including tables, in PDF format...

2019-10-03 16:13 8926

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...

2019-09-30 14:34 9639

Ericsson Estimates Costs for Resolving Investigations by U.S. Authorities at SEK 12 b. and Makes Provision in Third Quarter

STOCKHOLM, Sept. 26, 2019 /PRNewswire/ -- As previously disclosed, Ericsson (NASDAQ: ERIC) has been co-operating voluntarily since 2013 with an investigation by the United States Securities and Exchange Commission (SEC) and, since 2015, with an investigation by the United States Department of Ju...

2019-09-26 11:05 5436
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