Ericsson Announces Changes to the Executive Team
STOCKHOLM, Aug. 22, 2019 /PRNewswire/ -- Effective September 1, 2019, Fadi Pharaon is appointed Senior Vice President and Head of Market Area Middle East & Africa at Ericsson (NASDAQ: ERIC), and member of Ericsson's Executive Team, reporting to the CEO. Fadi Pharaon currently holds the position as...
Ericsson Reports Second Quarter Results 2019
STOCKHOLM, July 17, 2019 /PRNewswire/ -- Second quarter highlights * Sales were SEK 54.8 (49.8) b. Sales adjusted for comparable units and currency increased by 7% driven by growth in Networks inNorth America and North East Asia. Reported sales grew by 10%. * Gross margin was 36.6% (34.8%)...
Vodafone Goes Live With Ericsson 5G Technology in London
- Partnership includes Ericsson Radio System installed base - Ericsson Spectrum Sharing enables extended 5G coverage on existing LTE spectrum WASHINGTON, July 3, 2019 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) 5G technology leadership was at the heart of Vodafone UK's launch of 5G for consumer a...
Invitation to Media and Analyst Briefings for Ericsson Q2 2019 Report
STOCKHOLM, July 3, 2019 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second quarter of 2019 will be published at approximately07:30 CEST on July 17, 2019. The company will issue a press release with the complete financial report attached, including tables, in PDF format. F...
DIGI | RCS & RDS and Ericsson go Live With 5G Mobile Service in Romania
WASHINGTON, June 27, 2019 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) and RCS&RDS (DIGI) have launchedRomania's first 5G commercial service in the busiest parts ofBucharest, where 5G can really make a difference by providing increased speeds for mobile broadband to businesses and consumers. DIGI | RC...
Ericsson Extends Global Supply Chain With Company's First Smart Factory in the U.S.
WASHINGTON, June 26, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) announced plans to build its first fully-automated smart factory in the US. The state-of-the-art factory will produce Advanced Antenna System* radios to boost network capacity and coverage, including rural coverage, as well as 5G r...
GCI Selects Ericsson for 5G Rollout in Alaska
WASHINGTON, June 19, 2019 /PRNewswire/ -- * Deployment includes Ericsson's 3GPP standards-based 5G New Radio (NR) hardware and software to macro cell sites across the Municipality ofAnchorage * Consumers benefit from faster speeds and better coverage, while new wireless functionality will ac...
Ericsson Launches Enhanced 5G Deployment Options
WASHINGTON, June 17, 2019 /PRNewswire/ -- * Cutting-edge Standalone New Radio (NR) software enables super-fast response times, and a new feature to rapidly extend 5G coverage * New high-capacity Massive MIMO radios to cost-efficiently build 5G performance and coverage * Powerful edge solut...
Telkomsel Indonesia to Deploy Ericsson Core in Preparation for 5G
WASHINGTON, June 13, 2019 /PRNewswire/ -- * Virtualized Evolved Packet Core and Ericsson Cloud Packet Core solutions to be deployed * Ericsson's NFVI solution to enable Telkomsel to prepare for 5G and IoT use cases for enterprises * Telkomsel benefits to include scalable software architectu...
Ericsson Mobility Report: 5G Uptake Even Faster Than Expected
WASHINGTON, June 11, 2019 /PRNewswire/ -- Rapid early momentum and enthusiasm for 5G has led Ericsson (NASDAQ: ERIC) to forecast an extra 400 million enhanced mobile broadband subscriptions globally by the end of 2024. TheJune 2019 edition of the Ericsson Mobility Report forecasts 1.9 billion 5G ...
Ericsson and Intellectual Ventures Sign License Agreement
STOCKHOLM, June 10, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Intellectual Ventures have signed a license agreement ending all patent infringement lawsuits between the companies, including a lawsuit that went to trial earlier this year and resulted in aUSD 43 million jury verdict for Inte...
Stella Medlicott Appointed Senior Vice President and Head of Marketing & Corporate Relations
- Effective as of June 10, 2019 - Member of Ericsson's Executive Team, reporting to CEO STOCKHOLM, June 4, 2019 /PRNewswire/ -- Effective June 10, 2019, Stella Medlicott is appointed Senior Vice President and Head of Group Function Marketing & Corporate Relations at Ericsson (NASDAQ: ERIC), and ...
Ericsson and SoftBank Corp. to Deploy Multi-band 5G Network
* Ericsson to supply SoftBank Corp. with radio access network gear for mid and high-frequency 5G bands and reinforce existing LTE network * Selection as a 5G vendor follows successful joint proof-of-concept activities * Both companies to continue exploring 5G use cases WASHINGTON, May 29, 20...
Ericsson's Nomination Committee Appointed
STOCKHOLM, April 26, 2019 /PRNewswire/ -- Ericsson's (NASDAQ:ERIC) Nomination Committee for the Annual General Meeting 2020 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...
Ericsson Reports First Quarter Results 2019
STOCKHOLM, April 17, 2019 /PRNewswire/ -- First quarter highlights * Sales were SEK 48.9 (43.4) b. Sales adjusted for comparable units and currency increased by 7% driven by strong growth inNorth America. Reported sales grew by 13%. * Gross margin was 38.4% (34.2%) driven by improvements in...
Airtel Selects Ericsson for VoLTE Expansion
* Airtel has deployed a pan-India 4G network and rolled out VoLTE to offer HD quality calling over 4G smartphones and smart watches * Airtel will deploy the Ericsson Cloud VoLTE solution to enable high-quality voice services serving smartphone customers acrossIndia * As part of Project Leap,...
Invitation to Media and Analyst Briefings for Ericsson Q1 2019 Report
STOCKHOLM, April 3, 2019 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the first quarter of 2019 will be published at approximately07:30 CEST on April 17, 2019. The company will issue a press release with the complete financial report attached, including tables, in PDF format. ...
Batelco and Ericsson to Launch 5G in Bahrain
* 5G to enhance the digital lives of people across Bahrain * Early benefits in mobile broadband coverage and user experience * Deal is the latest in a long and successful partnership between the companies WASHINGTON, April 1, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has been selected by ...
Ericsson Annual Report on Form 20-F filed with the SEC
STOCKHOLM, March 30, 2019 /PRNewswire/ -- On March 29, 2019, Ericsson (NASDAQ: ERIC) filed its Annual Report on Form 20-F for the year endedDecember 31, 2018 with the U.S. Securities and Exchange Commission (SEC). The Annual Report is available on Ericsson's website at https://www.ericsson.com/e...
Ericsson's Annual General Meeting 2019
STOCKHOLM, March 28, 2019 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) Annual General Meeting (AGM) was held onMarch 27, 2019 in Kista/ Stockholm. Dividend The proposed dividend of SEK 1 per share was approved by the AGM. The record day for dividend was set toFriday, March 29...