Ericsson to Deploy 5G-ready LTE Equipment for Vodafone Idea Ltd.'s Network in India
WASHINGTON, Feb. 20, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced that it has been selected by Vodafone Idea Limited (VIL),India's leading telecom service provider, to deploy 5G-ready equipment across select markets inIndia. Vodafone India and Idea Cellular merged in August 2018,...
Ericsson Enhances 5G Platform for Smooth Network Evolution
WASHINGTON, Feb. 19, 2019 /PRNewswire/ -- * New additions to portfolio across core, radio access, transport and service orchestration areas * Evolved 5G Platform enables smooth network evolution and deployment to 5G at scale * Enables service providers to manage increased data traffic grow...
Ericsson and OPPO Sign Initial Patent License Agreement
STOCKHOLM, Feb. 19, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and OPPO have signed a global patent license agreement. This initial agreement includes a cross license covering the 2G, 3G and 4G patent portfolios from both companies. OPPO, the fifth largest smartphone vendor in the world with bu...
Ericsson Launches Critical Communications Broadband Networks Offering
WASHINGTON, Feb. 7, 2019 /PRNewswire/ --Ericsson (NASDAQ: ERIC) has launched its critical communications broadband portfolio for service providers. This will enable service providers to meet the business-critical and mission-critical needs of industries and public safety agencies as digitalizati...
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 ...
New AI-based Ericsson Operations Engine Makes Managed Services Simple
- Addresses increasing network complexity, including service providers' need to handle growing volume of devices, multiple technologies (4G, 5G, IoT), and more diverse service requirements - The shift from reactive to data-driven predictive operations enhances user experience, drives agile servi...
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...
Ericsson Announces Change to the Executive Team
STOCKHOLM, Jan. 16, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced that Helena Norrman has decided to leave Ericsson to pursue opportunities outside the company.Helena Norrman, who has been with the company since 1998, will leave her position as Senior Vice President, Chief Market...
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...
