Ericsson targets high-performing programmable networks with new 5G Advanced software
* High-performing programmable networks empower communications service providers (CSPs) to steer network behavior, aligning it with diverse business goals for optimal outcomes * Seven new 5G Advanced software products for high-performing programmable networks will substantially increase reven...
Ericsson announces change to the Executive Team
STOCKHOLM, Oct. 30, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces thatMajBritt Arfert, the Company's Chief People Officer, will step down at the end of May, 2025. Mrs. Arfert has been with Ericsson for over 38 years and has been a member of its Executive Team the since autumn of 2...
Ericsson and MasOrange partner on European-first open programmable network integration
STOCKHOLM, Oct. 29, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and MasOrange, Spain's largest communications service provider (CSP) by customer base, are embarking on a major five-year Open RAN-ready future-network partnership that will put the Spanish operator at the forefront ofEurope's open ...
Invitation to media and analyst briefing for Ericsson Q3 2024 report
* Report to be released at approximately 7:00 AM CEST on October 15, 2024 * One live video webcast for analysts, investors, and journalists at 9:00 AM CEST STOCKHOLM, Oct. 1, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the third quarter 2024 will be published at approxi...
Carolina Dybeck Happe resigns from Ericsson's Board of Directors
STOCKHOLM, Sept. 21, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces thatCarolina Dybeck Happe has decided to resign from its Board of Directors. Dybeck Happe has served on Ericsson's Board since 2022. The announcement follows the September 12 appointment of Dybeck Happe to the posi...
Global telecom leaders join forces to redefine the industry with network APIs
* Landmark agreement to accelerate adoption and innovation of network APIs includes a newly formed company that will drive new monetization opportunities for the industry. STOCKHOLM, Sept. 12, 2024 /PRNewswire/ -- Today, some of the world's largest telecom operators, including América Móvil, AT...
Ericsson announces sale of iconectiv
* iconectiv is a US subsidiary of Ericsson acquired in 2012, and a provider of network number portability solutions and data exchange services * The divestment will allow iconectiv to continue its growth trajectory under the new ownership of Koch Equity Development LLC STOCKHOLM, Aug. 17, 2024...
Ericsson and OPPO sign global patent cross license agreement
* Multi-year global cross license covering cellular technology, including 5G * Royalty payments from OPPO to Ericsson * Business cooperation on 5G related projects such as device testing and customer engagements STOCKHOLM, July 15, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and OPPO have s...
Ericsson announces non-cash impairment charge mainly relating to Vonage
* Non-cash impairment of SEK 11.4 billion to be recorded in the second quarter 2024, relating to the impairment of intangibles mainly attributed to the Vonage acquisition * Reflects lower anticipated market growth in some of Vonage's current portfolio * The Ericsson strategy to build a new ...
Ericsson appoints Patrick Johansson Head of Market Area Middle East & Africa
* Effective as of August, 1, 2024 * Becomes member of Ericsson's Executive Team, reporting to the CEO STOCKHOLM, July 2, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the appointment ofPatrick Johansson as its new Head of Market Area Middle East & Africa (MMEA) and Senior Vice P...
Invitation to media and analyst briefing for Ericsson Q2 2024 report
* Report to be released at approximately 7:00 AM CEST on July 12, 2024 * One live video webcast for analysts, investors, and journalists at 10:00 AM CEST STOCKHOLM, June 27, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second quarter 2024 will be published at approxi...
Ericsson Mobility Report: 5G driving change in service providers' FWA strategies
* 5G enabling growing numbers of FWA service providers to offer speed-based tariff plans * 5G subscriptions forecast close to 5.6 billion by the end of 2029 * Mobile data traffic expected to grow by 20 percent annually through the end of 2029 STOCKHOLM, June 26, 2024 /PRNewswire/ -- Fixed Wi...
Ericsson ConsumerLab: 10 Hot Consumer Trends 2030s - the AI-Powered Future
* Ericsson polled more than 6,500 early adopters in 13 cities about possible AI scenarios in the 2030s * Early adopters believe that four out of five consumers in the 2030s will use AI to make major life-altering decisions * Early adopters believe that the most successful innovators of the f...
Ericsson announces conclusion of Monitorship
* Ericsson's Monitorship and Plea Agreement concluded on June 2 * Follows upon certification of Ericsson's anti-corruption compliance program by independent Monitor inMarch 2024 * Continuing to cooperate fully with DOJ and SEC investigations on historical conduct STOCKHOLM, June 3, 2024 /PRN...
New number of shares and votes in Telefonaktiebolaget LM Ericsson
STOCKHOLM, May 31, 2024 /PRNewswire/ -- The total number of shares in Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) as of May 31, 2024, amounts to 3,348,251,735, of which 261,755,983 are A shares and 3,086,495,752 are B shares. The total number of votes is 570,405,558.2 of which the A shares re...
Ericsson's Nomination Committee appointed
STOCKHOLM, May 30, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) Nomination Committee for the Annual General Meeting 2025 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012. The Nomination Committee consists of: * Jo...
Ericsson announces change to the Executive Team
STOCKHOLM, May 10, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces that Fadi Pharaon, Senior Vice President and Head of Market Area Middle East & Africa, has decided to leave Ericsson to pursue other opportunities. Mr. Pharaon has held his current position since 2019 but has been with...
Ericsson to utilize mandate to transfer shares
STOCKHOLM, May 3, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) annual general meeting onApril 3, 2024 authorized the company to, in conjunction with the delivery of vested shares under the long-term variable compensation program 2021 ("LTV 2021"), prior to the annual general meeting in 2025, re...
Ericsson resolves on an acquisition offer for C shares for LTV I 2023
STOCKHOLM, May 2, 2024 /PRNewswire/ -- In accordance with the resolution by the Annual General Meeting 2024, Ericsson(NASDAQ: ERIC) expands its treasury stock in order to provide shares for the Long-Term Variable Compensation Program LTV I 2023 for Ericsson's executive team. The Board of Directo...
Ericsson reports first quarter results 2024
STOCKHOLM, April 16, 2024 /PRNewswire/ -- First quarter highlights – Driving gross margin improvements and cost efficiencies * Sales declined organically[1] by -14% YoY, due to a -19% decline in Networks. Reported sales decreased toSEK 53.3 (62.6) b. * Gross income excluding restructuring cha...
