Ericsson Reports Second Quarter Results 2018
STOCKHOLM, July 18, 2018 /PRNewswire/ -- Second quarter highlights * Sales as reported and sales adjusted for comparable units and currency both decreased by -1% YoY. Segment Networks showed a sales growth of 2% YoY, both in reported sales and sales adjusted for comparable units and currency...
Ericsson, Telstra and Intel Achieve First End-to-end Multi-vendor 5G Commercial Network Data Call Over Licenced 3.5GHz Spectrum
WASHINGTON, July 17, 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC), Telstra and Intel have successfully completed the first end-to-end 5G non-standalone (NSA) 3GPP data call on a commercial mobile network at Telstra's 5G Innovation Centre on theGold Coast Australia in a multivendor setup. With thi...
Ericsson Expands the Connect to Learn Initiative in India
WASHINGTON, July 9, 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has expanded the Connect to Learn initiative in India . The company's mobile broadband solutions now provide internet connectivity and access to a digital education program at 34 centers run by its partner Smile Foundation. The cent...
Wind Tre Selects Ericsson for RAN Modernization in Italy
WASHINGTON, July 6, 2018 /PRNewswire/ --Ericsson (NASDAQ: ERIC) has been selected by Wind Tre to modernize its Radio Access Network (RAN) acrossItaly. The deal will see the implementation of the Ericsson Radio System (ERS) product portfolio into the Italian communications service provider's netwo...
Invitation to Media and Analyst Calls for Ericsson Q2 2018 Report
STOCKHOLM, July 4, 2018 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the first quarter of 2018 will be published at approximately07:30 CEST on July 18, 2018. The company will issue a press release with the complete financial report attached, including tables, in PDF format. Fo...
Ericsson Establishes Center of Excellence and Innovation Lab for 5G in India at the IIT, Delhi
WASHINGTON, July 3, 2018 /PRNewswire/ -- * Inaugurated by the Hon'ble Minister of Communications (I/C) and Minister of State for Railways, Govt. ofIndia - Shri Manoj Sinha * CoE established to fast-track 5G deployments in the country by bringing together telecom ecosystems, academia, industry...
5G on a Roll, Cellular IoT Deployments Ramping Up -- Ericsson Mobility Report
WASHINGTON, June 12, 2018 /PRNewswire/ -- * 3.5 billion IoT cellular connections predicted for 2023 * 5G commercial launches this year; North America seen leading the 5G uptake * 20 percent of global mobile data traffic will be on 5G networks in 2023 Commercial rollouts of 5G and larger than...
Ericsson and MTS to Deliver Superior Mobile Broadband Experiences for Football Fans at Tournament in Russia
WASHINGTON, June 8, 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Russian service provider MTS have teamed up to provide a superior mobile broadband experience for hundreds of thousands of football fans attending the upcoming global soccer tournament inRussia, through Europe's largest deployme...
Movistar Argentina Selects Ericsson Radio System to Transform Mobile Network
WASHINGTON, June 7, 2018 /PRNewswire/ -- Movistar Argentina has selected Ericsson (NASDAQ: ERIC) to transform its Radio Access Network (RAN) over a three-year period based on Ericsson Radio System. In addition to expanded network coverage, the deal will provide customers of Movistar Argentina wit...
Ericsson Signs Credit Facility Agreement With the European Investment Bank
STOCKHOLM, May 31, 2018 /PRNewswire/ -- * The European Investment Bank has granted Ericsson a credit facility of EUR 250 million * The agreement will support research and development activities for 5G and is in line with Ericsson's focused business strategy * The credit facility will mature...
Hungarian Prime Minister, Viktor Orban, and Ericsson CEO, Borje Ekholm, Open New Ericsson Hungary Headquarters
WASHINGTON, May 29, 2018 /PRNewswire/ -- * Purpose-built facility is one of the most modern workplace complexes in Hungary. It includes a hypermodern test laboratory, Ericsson's innovation space, and Ericsson Garage * Ericsson signs Memorandum of Understanding (MoU) with Budapest University ...
Ericsson Expert Analytics Selected by EE to Improve Customer Experience
WASHINGTON, May 21, 2018 /PRNewswire/ -- * EE, the UK's largest mobile operator and part of the BT Group, has selected Ericsson Expert Analytics as its next-generation customer experience management (CEM) system * The solution is aimed at improving EE subscriber satisfaction, net promoter sc...
Ericsson Pioneers Machine Learning Network Design for SoftBank
WASHINGTON, May 16, 2018 /PRNewswire/ -- * SoftBank Corp., a leading Japanese mobile operator, has used Ericsson's machine intelligence-based method for advanced radio network design in the Tokai region * Compared to traditional methods, the new approach provided important benefits, for exam...
Ericsson: Zero-touch Could Herald a new era in Service Provider Customer Interaction
WASHINGTON, May 14, 2018 /PRNewswire/ -- * New Ericsson Consumer & IndustryLab Insight Report explores the future of customer interactions with telecom service providers * Consumers expect telecom service providers to match leading digital consumer experiences * Telecom service providers ca...
Ericsson: New Report: Smartphone Shoppers Altering Retail Reality
WASHINGTON, May 7, 2018 /PRNewswire/ -- * Smartphone shopping is expected to peak globally in the coming few years with 43 percent surveyed already making purchases on their phone weekly * Majority of smartphone shoppers expect most people to have a personal shopping advisor within 3 years; e...
Ericsson to Transform Wind Tre core Network in Italy
WASHINGTON, April 26, 2018 /PRNewswire/ -- * 5G-evolution core network modernization will deliver increased reliability, thanks to cloud architecture, greater flexibility and services customization, thanks to network slicing * Solution improves speed, efficiency and agility for Wind Tre when ...
Ericsson's Nomination Committee Appointed
STOCKHOLM, April 26, 2018 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) Nomination Committee for the Annual General Meeting 2019 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012. The Nomination Committee consists of: * ...
Exploring IoT Strategies: Telecom Service Providers Pursue Multiple Paths to IoT Revenue
WASHINGTON, 24 April, 2018 /PRNewswire/ --
A new Ericsson (NASDAQ: ERIC) study, Exploring IoT Strategies
Ericsson: Ultra-low Latency of 5G Improves Production of Jet Engine Components
WASHINGTON, April 23, 2018 /PRNewswire/ -- * Industrial applications of 5G jointly being explored and developed by Ericsson and the Fraunhofer Institute for Production Technology - first 5G use case for making jet engine components now being tested for MTU Aero Engines * Close to 1 millisecon...
Ericsson Reports First Quarter Results 2018
STOCKHOLM, April 20, 2018 /PRNewswire/ -- First quarter highlights (In 2017, certain items affecting comparability had a significant negative impact on the results.) * Reported sales decreased by -9% YoY. Sales, adjusted for currency, decreased by -2% YoY with lower revenues in market areas N...
