NASDAQ:ERIC

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

STOCKHOLM, March 13, 2024 /PRNewswire/ -- On March 12, 2024, Ericsson (NASDAQ:ERIC) filed its Annual Report on Form 20-F for the year endedDecember 31, 2023, with the U.S. Securities and Exchange Commission (SEC). The Annual Report is available on Ericsson's website at  https://www.ericsson.com/e...

2024-03-13 06:04 3034

Ericsson Annual Report 2023 published

* The Annual Report 2023 available for download and printed version available for order * The Annual Report 2023 publication consists of Ericsson's Financial report 2023, the Corporate Governance report 2023, the Remuneration report 2023 and the Sustainability and Corporate Responsibility rep...

2024-03-06 16:43 1445

Ericsson announces Appointment of Becky Rohr as Chief Compliance Officer, bringing together Investigations and Compliance

* Becky Rohr, currently Head of Corporate & Government Investigations, will become the new Chief Compliance Officer * Jan Sprafke will leave Ericsson to pursue other opportunities STOCKHOLM, March 6, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces that Rebecca (Becky) Rohr, curre...

2024-03-06 00:16 1698

Notice of Ericsson's Annual General Meeting 2024

STOCKHOLM, Feb. 28, 2024 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Wednesday, April 3, 2024 at 1 pm. The Nomination Committee proposes among other things: * Karl Åberg as new member of the Board (item 9 and 11) ...

2024-02-28 15:16 1218

Ericsson to utilize mandate to transfer shares

STOCKHOLM, Feb. 16, 2024 /PRNewswire/ -- Ericsson's (NASDAQ:ERIC) annual general meeting onMarch 29, 2023 authorized the company's board of directors to resolve on the transfer of the company's own shares. Under the authorization the company may, in conjunction with the delivery of vested shares ...

2024-02-16 16:16 1589

Ericsson appoints Chafic Nassif Head of Market Area North East Asia

* Effective as of February 26, 2024   * Becomes member of Ericsson's Executive Team, reporting to the CEO STOCKHOLM, Jan. 29, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the appointment ofChafic Nassif as its new Head of Market Area North East Asia and Senior Vice President. M...

2024-01-29 16:52 1162

Ericsson signs funding agreements with the European Investment Bank

* Ericsson has signed two 7-year funding agreements with the European Investment Bank (EIB) for a total ofEUR 420 million * The loans will finance parts of Ericsson's R&D investments in wireless technology up to 2025 * The R&D investments are an important contributor into Ericsson's overall ...

2024-01-26 15:53 3364

Ericsson announces leadership changes to the Executive Team

* Niklas Heuveldop, currently Head of Market Area North America, is appointed new Head of Business Area Global Communications Platform and CEO of Vonage as of February 1, 2024 * Yossi Cohen, currently Head of Strategy, Technology, Marketing and Business Development within Market Area North Ame...

2024-01-25 01:47 1332

Ericsson reports fourth quarter and full-year results 2023

STOCKHOLM, Jan. 23, 2024 /PRNewswire/ -- Fourth quarter highlights – Solid EBITA and cash flow in a challenged market  * Sales declined organically[1] by -17% YoY, driven by a -23% decline in Networks. Reported sales were down by -16% toSEK 71.9 b.   * Gross income excluding restructuring cha...

2024-01-23 15:19 2020

Ericsson appoints Lars Sandström as Chief Financial Officer

* Effective as of April 1, 2024 * Member of Ericsson's Executive Team, reporting to the CEO STOCKHOLM, Jan. 23, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the appointment of Lars Sandström as its new Chief Financial Officer, Senior Vice President, and Head of Group Function ...

2024-01-23 14:52 1027

Invitation to media and analyst briefing for Ericsson Q4 2023 report

* Report to be released at approximately 7:00 AM CET on January 23, 2024 * One live video webcast for analysts, investors, and journalists at 9:00 AM CET STOCKHOLM, Jan. 9, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter 2024 will be published at approxim...

2024-01-09 15:47 4338

Changes to Ericsson's nomination committee

STOCKHOLM, Dec. 1, 2023 /PRNewswire/ -- Effective November 30, 2023, Bengt Kjell, AB Industrivärden, will replace Karl Åberg, AB Industrivärden, in Ericsson's (NASDAQ: ERIC) Nomination Committee. The Nomination Committee now consists of: * Johan Forssell, Investor AB; * Bengt Kjell, AB Indus...

2023-12-01 01:53 4027

Ericsson Mobility Report: Resilient 5G uptake - global mobile data traffic set to triple in six years

* Global 5G subscriptions forecast to top 5.3 billion by the end of 2029           * Continued strong surge in global average data consumption per smartphone - predicted to increase from 21GB/month to 56GB/month between 2023 and 2029            * 85 percent of the global population to have ...

2023-11-30 15:29 1361

Ericsson issues first green bond

* A green bond of EUR 500 million within the Green Financing Framework, with a maturity of 4.5 years * Proceeds will be exclusively allocated to investments in energy efficiency * The bond extends Ericsson's well diversified debt maturity profile STOCKHOLM ,Nov. 23, 2023 /PRNewswire/ -- Erics...

2023-11-23 15:48 1661

Ericsson reports third quarter results 2023

STOCKHOLM, Sweden, Oct. 17, 2023 /PRNewswire/ -- Third quarter highlights – in line with guidance * Group organic sales[1] declined by -10% YoY. Segment Networks organic sales[1] declined by -16% while Enterprise and Cloud Software and Services sales grew organically. Reported sales decreased ...

2023-10-17 14:01 2789

Ericsson announces impairment charge of SEK 32 billion and provides update on Q3 earnings

* Non-cash impairment of SEK 32 billion in the third quarter 2023, relating to the impairment of goodwill attributed to the Vonage acquisition. * Vonage remains critical to the enterprise strategy and Ericsson's positive outlook on the potential of the Global Network Platform remains unchanged...

2023-10-12 02:36 2819

Ericsson ConsumerLab report highlights differentiated 5G connectivity opportunity for CSPs

* Twenty percent of 5G smartphone users willing to pay premium to CSPs for differentiated quality of service over 5G           * 5G consumers three times more likely to switch provider because of poor connectivity experiences at major venues such as stadiums, arenas and airports            ...

2023-10-03 17:00 1328

Ericsson takes leadership in industrializing Open RAN

* Ericsson will introduce support for open fronthaul across its Cloud RAN and radio portfolios starting in 2024 * More than one million Ericsson radios in the field are hardware-prepared for open fronthaul * Ericsson is driving the industry in all three areas of Open RAN architectures - clo...

2023-09-25 22:55 1911

Invitation to Ericsson quarterly sustainability and responsible business update

STOCKHOLM, Sept. 15, 2023 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) invites investors and financial analysts to a briefing session focused on sustainability and responsible business at Ericsson. The session will include presentations byHeather Johnsson, Head of Sustainability and Corporate Respons...

2023-09-15 16:46 1652

Ericsson works with AWS and Hitachi America R&D to showcase smart factory potential

* Collaboration focuses on real-time digital video, artificial intelligence (AI), and edge-to-cloud technologies across a private 5G wireless network * The successful collaboration demonstrates potential for advanced technological solutions that can improve operational efficiency, product qua...

2023-08-29 19:53 1155
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