Telstra and Ericsson to Continue Leadership in Network Evolution in 2018
WASHINGTON, Feb. 26, 2018 /PRNewswire/ -- Telstra will work with Ericsson (NASDAQ:ERIC) to continue evolving the Telstra Mobile Network to support Telstra's Network of the Future transformation plan and deliver the best mobile network experience to Australian consumers and businesses. Ericsson w...
Ericsson Unlocks IoT Ecosystem With IoT Accelerator Marketplace
WASHINGTON, Feb. 22, 2018 /PRNewswire/ -- * Enabling massive adoption of Massive IoT is a stepping stone to making 5G a reality * IoT Accelerator Marketplace boosts the potential for players in the Cellular IoT ecosystem to deliver value * Easy onboarding of partners and customer applicati...
Invitation to Ericsson's Annual General Meeting 2018
STOCKHOLM, Feb. 21, 2018 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson will be held onWednesday, March 28, 2018, at 3 p.m. at Kistamassan, Arne Beurlings Torg 5, Kista/Stockholm. The Nomination Committee proposes among other things: * Ronnie Lete...
Ericsson and Swisscom Demonstrate Network Slicing for Critical Communications
WASHINGTON, Feb. 21, 2018 /PRNewswire/ -- * Ericsson and Swisscom collaborate on end-to-end network slicing for critical communications over public networks, and explore new use cases for 4G and 5G * At the Mobile World Congress 2018, the two companies will conduct a network slicing demonstr...
Telstra, Ericsson, Qualcomm and NETGEAR Achieve 2Gbps Speeds in Live Demo
WASHINGTON, Feb. 14, 2018 /PRNewswire/ -- Telstra, Ericsson (NASDAQ:ERIC), NETGEAR and Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, today announced they have achieved record-breaking 4G speeds of up to 2 Gigabits per second (Gbps) in lab testing using a new commercially ann...
NBC Olympics Selects Ericsson for its Production of 2018 Olympic Winter Games in PyeongChang
STOCKHOLM, Feb. 9, 2018 /PRNewswire/ -- NBC Olympics, a division of the NBC Sports Group, has selected Ericsson to provide video contribution solutions for its production of the XXIII Olympic Winter Games, which take place in PyeongChang,South Korea, from February 8 - February 25. The announcemen...
Installed Ericsson Radio System Products Ready for 5G NR
WASHINGTON, Feb. 8, 2018 /PRNewswire/ -- * All radio products within Ericsson Radio System delivered since 2015 will support 5G New Radio (NR) capability through remote software installation * Enables fast and smooth migration to 5G in existing bands, as well as fast coverage expansion of 5G ...
Turn on 5G: Ericsson Completes 5G Platform for Operators
- Introduces 5G commercial software for radio and core networks to enable operators to launch 5G from Q4 2018 - Evolves its Distributed Cloud offering to optimize applications across multiple sites, improving latency, security, and resilience of 5G-enabled use cases - Expands radio portfolio,...
Ericsson Concludes Strategic Review of Media Solutions and Red Bee Media
STOCKHOLM, Jan. 31, 2018 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) has concluded the review of strategic opportunities for its Media business – Media Solutions and Red Bee Media – which was initiated in conjunction with the announcement of the company's focused business strategy onMarch 28, 2017. In...
Ericsson Reports Fourth Quarter and Full Year Results 2017
STOCKHOLM, Jan. 31, 2018 /PRNewswire/ -- FOURTH QUARTER HIGHLIGHTS * Reported sales decreased by -12%. Sales adjusted for comparable units and currency declined by -7% YoY, partly due to lower LTE sales in Mainland China, as expected. * As earlier communicated, write-down of assets was made ...
Ericsson Strengthens Focus on Innovation and Makes Changes to Executive Team
STOCKHOLM, Jan. 31, 2018 /PRNewswire/ -- * A new Business Area Emerging Business is created to strengthen focus on innovation and new business development to benefit both our customers and Ericsson. Åsa Tamsons is appointed head of Business Area Emerging Business and member of the Ericsson Exe...
Invitation to Media and Analyst Briefings for Ericsson Q4 and Full-year 2017 Report
- Report to be released at approximately 0730 CET on January 31, 2018 - Press briefing with webcast starts at 0900 CET - Conference call for analysts, investors and journalists starts at 1400 CET STOCKHOLM, Jan. 23, 2018 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth ...
U Mobile Renews Business Support System Deal With Ericsson
Partnership covers convergent billing solutions as well as Managed Services More than 5 million U Mobile pre-paid and post-paid customers are managed by Ericsson's solution WASHINTON, Jan. 19, 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has further extended its partnership with U Mobile Sdn Bh...
Press Invitation: Ericsson at Mobile World Congress 2018
STOCKHOLM, Jan. 18, 2018 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) welcomes media representatives for its activities at Ericsson booth, the do zone at Mobile World Congress 2018. (Hall 2,Fira Gran Via, Barcelona, Spain) On Monday, 26 February at 08.30 you are invited to join our media & analyst ...
Ericsson 5G Radio Dot Gives Big Boost to Indoor Coverage
WASHINGTON, Jan. 17, 2018 /PRNewswire/ -- With mobile data traffic surging by eight times and 1 billion 5G subscriptions expected by the end of 2023, mobile operators must meet consumer and enterprise demand for applications such as4K/8K video streaming, virtual reality/augmented reality, and imm...
Ericsson: Consumers' 5G Wish List Outlines Action Plan for Operators
WASHINGTON, Jan. 16, 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today presentedTowards a 5G consumer future -- its Consumer and Industry Insight report that discusses the six calls to action from consumers that operators need to act upon to provide a foundation for adoption of 5G technology. T...
Ericsson - Non-cash Charge From Concluded Impairment and Revaluated U.S. Tax Assets
STOCKHOLM, Jan. 16, 2017 /PRNewswire/ -- * Impairment testing, announced in conjunction with restated numbers according to new segment structureDecember 8, 2017, is finalized resulting in SEK 14.2 b. write-down * Revaluation of U.S. deferred tax assets due to change in U.S. corporate income ...
Ericsson: Global Mobile Industry Leaders Achieve Multi-band 5G NR Interoperability
WASHINGTON, Dec. 21, 2017 /PRNewswire/ -- An important technology milestone based on the newly-approved NSA 5G NR standard has been achieved by a group of leading mobile communications companies. Ericsson (NASDAQ: ERIC) and Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (NAS...
Ericsson Extends Fixed Wireless and Sky Muster™ Satellite Operations Partnership With NBN Co
WASHINGTON, Dec. 19. 2017 /PRNewswire/ --NBN Co has announced it will continue its fixed wireless and Sky Muster™ managed services partnership with Ericsson (NASDAQ: ERIC) through to 2020. Ericsson will continue to be responsible for nbn fixed wireless network operations, ground systems operatio...
Verizon Awards 5G Contract to Ericsson
WASHINGTON, Dec. 12, 2017 /PRNewswire/ -- Verizon has selected Ericsson (NASDAQ: ERIC) to provide networking equipment for their commercial 5G launch. Verizon will deploy the pre-standard 5G commercial radio network and the 5G Core network in select markets in second half of 2018. The companies ...