Airtel awards its first 5G contract in India to Ericsson
* Ericsson has partnered with Airtel for more than 25 years, spanning every mobile generation * 5G deployment to get underway in August 2022 STOCKHOLM, Aug. 3, 2022 /PRNewswire/ -- Bharti Airtel (Airtel),India's premier communications solutions provider, today announced that it has awarded it...
Ericsson reports second quarter results 2022
STOCKHOLM, July 14, 2022 /PRNewswire/ -- Second quarter highlights * Group organic sales grew by 5% YoY driven primarily by Networks in North America and Europe. Reported sales were SEK 62.5 (54.9) b. * Reported gross income increased to SEK 26.3 (23.9) b. driven by higher sales. Gross marg...
Invitation to media and analyst briefing for Ericsson Q2 2022 report
* Report to be released at approximately 7:00 AM CEST on July 14, 2022 * One live video webcast for analysts, investors and journalists at 9:00 AM CEST STOCKHOLM, June 30, 2022 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second quarter 2022 will be published at approxima...
Update on Ericsson's proposed acquisition of Vonage
STOCKHOLM, June 28, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) continues to work closely with the Committee on Foreign Investment inthe United States as it reviews its proposed acquisition of Vonage Holdings Corp. (NASDAQ: VG). The merger has cleared all other requisite foreign and US regulator...
Ericsson changes Group structure and Executive Team to execute on growth strategy
* To capitalize on the convergence of software and services and deliver growth in the core business, a new Business Area Cloud Software and Services is introduced, combining Business Area Digital Services and Business Area Managed Services. Per Narvinger will head up the unit and will be a memb...
Ericsson reports first quarter results 2022
STOCKHOLM, April 14, 2022 /PRNewswire/ -- First quarter highlights * Group organic sales grew by 3% YoY driven by Networks in North America and inEurope and Latin America. Reported sales were SEK 55.1 (49.8) b. * Reported gross margin was 42.3% (42.8%) impacted by proactive investments in sup...
Invitation to media and analyst briefing for Ericsson Q1 2022 report
* Report to be released at approximately 7:00 AM CEST on April 14, 2022 * One live video webcast for analysts, investors and journalists at 9:00 AM CEST STOCKHOLM, April 6, 2022 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the first quarter 2022 will be published a...
Ericsson's Annual General Meeting 2022
STOCKHOLM, March 30, 2022 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ:ERIC) Annual General Meeting (AGM) was held onMarch 29, 2022. Due to COVID-19, the AGM 2022 was conducted without the physical presence of shareholders, representatives and third parties and the meeting was conduc...
Executive Team and Board of Directors reaffirm commitment to deliver strategy and continue compliance transformation journey
STOCKHOLM, March 30, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) Executive Team and Board of Directors reaffirm commitment to deliver Ericsson strategy and continue compliance transformation journey. At Ericsson's 2022 Annual General Meeting, it was recorded that shareholders representing at le...
Ericsson Annual Report on Form 20-F filed with the SEC
STOCKHOLM, March 26, 2022 /PRNewswire/ -- On March 25, 2022, Ericsson (NASDAQ: ERIC) filed its Annual Report on Form 20-F for the year endedDecember 31, 2021, with the U.S. Securities and Exchange Commission (SEC). The Annual Report is available on Ericsson's website at https://www.ericsson.com/...
Ericsson Responsible Business meeting ahead of the AGM
STOCKHOLM, March 21, 2022 /PRNewswire/ -- Following today's press release where the Ericsson Board of Directors made statement in advance of the Annual General Meeting, we invite shareholders and others to join us for an update on our enhanced ethics and compliance program and a summary of recent...
Ericsson Board of Directors issues statement in advance of the Annual General Meeting
STOCKHOLM, March 21, 2022 /PRNewswire/ -- Ericsson today issues a statement by its Chairman and Board of Directors regarding the company's resolution and ongoing engagement with the United States Department of Justice (DOJ). Ericsson reached a resolution with the DOJ in 2019 and is currently oper...
Ericsson appoints Scott Dresser as Chief Legal Officer
STOCKHOLM, March 16, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced the appointment ofScott Dresser to the company's Executive Team as Senior Vice President, Chief Legal Officer and Head of Group Function Legal Affairs & Compliance. Scott will join Ericsson on21 March 2022 and be ba...
Ericsson Annual Report 2021 published
* Annual Report 2021 available for download and printed version available for order * The Annual Report 2021 publication consists of Ericsson's Financial report 2021, the Corporate Governance Report 2021, the Remuneration Report 2021 and the Sustainability and Corporate Responsibility...
INVITATION TO MEDIA AND ANALYST CALL
STOCKHOLM, March 2, 2022 /PRNewswire/ -- The company will hold a conference call for journalists, financial analysts and investors. Börje Ekholm, President and CEO, will make brief comments and take questions The conference call will begin March 2, at 10:30 AM CET (9:30 AM GMT in London and4.30 ...
Notice of Ericsson's Annual General Meeting 2022
STOCKHOLM, Feb. 22, 2022 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Tuesday, March 29, 2022 at 3 pm. Due to COVID-19, the Board of Directors has decided that the Annual General Meeting of shareholders 2022 will be c...
Ericsson: Update: Iraq media inquiries
STOCKHOLM, Feb. 16, 2022 /PRNewswire/ -- In the past week, Ericsson (NASDAQ: ERIC), has continued to receive detailed media inquiries from Swedish and international news outlets. Their interest pertains to information detailed in a 2019 internal investigation by the company, on conduct inIraq. ...
Ericsson: Comment regarding recent media inquiries
STOCKHOLM, Feb. 8, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has received questions from media regarding past compliance related matters inIraq. It appears media will focus on the conduct of business in unstable regions where terrorist organizations and corruption are present and employees' sa...
Ericsson reports fourth quarter and full-year results 2021
STOCKHOLM, Jan. 25, 2022 /PRNewswire/ -- Fourth quarter highlights * Group organic sales grew by 2% YoY. Sales in Mainland China declined by SEK -1.8 b. (-3 percentage points), meaning that excluding Mainland China organic sales growth was 5%. Reported sales wereSEK 71.3 (69.6) b....
Invitation to media and analyst briefing for Ericsson Q4 and full year 2021 report
STOCKHOLM, Jan. 12, 2022 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter and full year of 2021 will be published at approximately7:00 AM CET on January 25, 2022. The company will issue a press release with the complete financial report attached, including tables...
