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....
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...
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 ...
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...
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...
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: ...
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...
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...
Invitation to Media and Analyst Briefing for Ericsson Q4 and Full Year 2019 Report
* Report to be released at approximately 7:00 AM CET on January 24, 2020 * One conference call for analysts, investors and journalists at 9:00 AM CET STOCKHOLM, Jan. 9, 2020 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter and full-year of 2019 will be publishe...
Ericsson Strengthens its 5G Research and Development with NIB
STOCKHOLM, Dec. 20, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) is announcing that it has signed an agreement for credit facility with the Nordic Investment Bank (NIB) forUSD 150 million, maturing in 2025. Of these new funds, 98 million will replace credit with NIB that was set to mature in 2021...
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...
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 ...
Ericsson Spectrum Sharing Milestone Connects Continents, 5G Live Networks and 5G Devices
WASHINGTON, Dec. 2, 2019 /PRNewswire/ -- * Data call connects Bern, Switzerland and Gold Coast, Australia using Ericsson Spectrum Sharing over live commercial 5G networks and commercial form factor 5G smartphones * Milestone shows dynamic spectrum sharing supports 5G smartphones, enabling se...
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...
MTN South Africa Selects Ericsson for Commercial 5G Core and Radio
* 5G commercial contract is part of MTN South Africa's network modernization * Contract includes supply of Ericsson radio access network, core, and transport products and solutions * MTN and Ericsson are working together to identify and develop 5G use cases and applications to drive industry...
Zain Selects Ericsson for 5G in Bahrain
WASHINGTON, Nov. 11, 2019 /PRNewswire/ -- * Ericsson to deploy 3GPP standards-based 5G New Radio (NR) and core network * 5G introduction will create a powerful platform for innovation in Bahrain * Subscribers to benefit from a network equipped for next-generation mobile services Zain has se...
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 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...
Bharti Airtel Selects Ericsson's 5G-Ready Cloud Packet Core to Boost Network Performance
* Bharti Airtel's Core network to be enhanced with the deployment of Ericsson Cloud Packet Core * Deployment will address Bharti Airtel customers' growing data usage * Will enable Bharti Airtel to quickly introduce new services for customers, while maintaining high performance network requir...
Telia Norway selects Ericsson as Sole 5G RAN Provider
WASHINGTON, Oct. 8, 2019 /PRNewswire/ -- * As 5G partner and sole RAN vendor, this contract will allow Ericsson to enable nationwide 5G inTelia Norway's next-generation network by 2023 * Ericsson Radio System hardware and software, including Ericsson Spectrum Sharing and 5G New Radio (NR), to...
