NASDAQ:ERIC

Borje Ekholm: Ericsson to Switch on 5G Globally in 2019

WASHINGTON, Feb. 25, 2019 /PRNewswire/ -- * President and CEO Borje Ekholm stressed the role of 5G as a critical national infrastructure as he launched Ericsson's MWC 2019 with an address to journalists and analysts * Ericsson has publicly announced 5G deals with 10 named service provider cu...

2019-02-25 16:29 2152

Ericsson to Acquire Kathrein's Antenna and Filters Business

STOCKHOLM, Feb. 25, 2019 /PRNewswire/ -- As antenna technology is growing in importance, Ericsson (NASDAQ: ERIC) expands its Ericsson Radio System portfolio with new products and strengthens its antenna in-house competences and capabilities through the acquisition of Kathrein's antenna and fil...

2019-02-25 15:17 6453

Telstra and Ericsson Launch Global Enterprise IoT Capability With Ericsson IoT Accelerator

WASHINGTON, Feb. 25, 2019 /PRNewswire/ -- * Partnership combines Telstra's cellular IoT capabilities and Ericsson's connectivity services * Enables Telstra's enterprise customers and OEMs to deploy, manage and scale IoT connected devices and applications globally * Ericsson IoT Accelerator...

2019-02-25 08:18 2984

Invitation to Ericsson's Annual General Meeting 2019

STOCKHOLM, Feb. 20, 2019 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Wednesday, March 27, 2019, at 3 p.m. at Kistamässan, Arne Beurlings Torg 5, Kista/Stockholm. The Nomination Committee proposes among other things: ...

2019-02-20 19:58 7476

Ericsson Enhances 5G Platform for Smooth Network Evolution

WASHINGTON, Feb. 19, 2019 /PRNewswire/ -- * New additions to portfolio across core, radio access, transport and service orchestration areas * Evolved 5G Platform enables smooth network evolution and deployment to 5G at scale * Enables service providers to manage increased data traffic grow...

2019-02-19 16:38 4869

Ericsson and OPPO Sign Initial Patent License Agreement

STOCKHOLM, Feb. 19, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and OPPO have signed a global patent license agreement. This initial agreement includes a cross license covering the 2G, 3G and 4G patent portfolios from both companies. OPPO, the fifth largest smartphone vendor in the world with bu...

2019-02-19 15:54 4870

Kalimat Telecom Selects Parallel Wireless for Network Build Out

Operator Plans to Deploy Parallel Wireless' Virtualized HetNet and Core Solutions to Provide Mobile Broadband Services and Pave the Road to 5G NASHUA, New Hampshire, Feb. 18, 2019 /PRNewswire/ -- Parallel Wireless, Inc., the leading provider of the world's first end-to-end software-based unified ...

2019-02-18 19:00 796

Ericsson Launches Critical Communications Broadband Networks Offering

WASHINGTON, Feb. 7, 2019 /PRNewswire/ --Ericsson (NASDAQ: ERIC) has launched its critical communications broadband portfolio for service providers. This will enable service providers to meet the business-critical and mission-critical needs of industries and public safety agencies as digitalizati...

2019-02-07 23:52 8515

Ericsson Lays Out Vision for Cellular IoT With New Segments and Solutions

WASHINGTON, Jan. 31, 2019 /PRNewswire/ -- * Outlines evolution of cellular IoT in four segments leveraging new capabilities with 4G and 5G to tap growth opportunities from industry digitalization * Introduces Broadband IoT and Industrial Automation IoT as new segments in addition to Massive ...

2019-01-31 16:33 9335

New AI-based Ericsson Operations Engine Makes Managed Services Simple

- Addresses increasing network complexity, including service providers' need to handle growing volume of devices, multiple technologies (4G, 5G, IoT), and more diverse service requirements - The shift from reactive to data-driven predictive operations enhances user experience, drives agile servi...

2019-01-29 15:59 7255

Ericsson Reports Fourth Quarter and Full Year Results 2018

STOCKHOLM, Jan. 25, 2019 /PRNewswire/ -- Fourth quarter highlights * Sales as reported increased by 10% YoY and sales adjusted for comparable units and currency increased by 4%. * Networks sales adjusted for comparable units and currency grew by 6% YoY. Digital Services sales adjusted for co...

2019-01-25 15:11 11092

Invitation to Media and Analyst Briefings for Ericsson Q4 and Full Year 2018 Report

STOCKHOLM, Jan. 11, 2019 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter and full-year of 2018 will be published at approximately07:30 CET on January 25, 2019. The company will issue a press release with the complete financial report attached, including tables, ...

2019-01-11 21:10 6012

Provisions in Fourth Quarter 2018 Related to Reshaping BSS Business

STOCKHLM, Jan. 10, 2019 /PRNewswire/ -- * Provisions for estimated costs of SEK 6.1 b. to be taken in fourth quarter results, of whichSEK 3.1 b. restructuring charges * Planned measures will materially reduce losses in Business Support System (BSS) already in 2019. Reshaped BSS strategy expe...

2019-01-10 16:54 11372

Ericsson Releases its 10 Hot Consumer Trends for 2019

WASHINGTON, Dec. 12, 2018 /PRNewswire/ -- * Consumers expect smart speakers to take part in family arguments, just like other family members * Virtual assistant users think devices that understand our moods will be mainstream in three years * AR and VR users want hands-on virtual guidance f...

2018-12-12 14:29 582

Update on Software Issue Impacting Certain Customers

STOCKHOLM, Dec. 7, 2018 /PRNewswire/ -- Following network disturbances in a number of Ericsson's (NASDAQ:ERIC) customer networks, Ericsson has taken immediate action to minimize impact and support the restoration of services. During December 6, 2018, Ericsson has identified an issue in certain n...

2018-12-07 00:44 890

Ericsson and Volvo Cars Sign Five-year Connected Vehicle Cloud Worldwide Deal

WASHINGTON, Nov. 29, 2018 /PRNewswire/ -- * Ericsson Connected Vehicle Cloud (CVC) platform with global operational support to benefit Volvo Car Group worldwide market * Ericsson and Volvo Cars signed first Connected Vehicle Cloud deal in 2012 * Industrialized Ericsson Connected Vehicle Clou...

2018-11-29 16:42 1234

5G Estimated to Reach 1.5 Billion Subscriptions in 2024 - Ericsson Mobility Report

WASHINGTON, Nov. 27, 2018 /PRNewswire/ -- 5G is expected to reach more than 40 percent global population coverage and 1.5 billion subscriptions for enhanced mobile broadband by the end of 2024. This will make5G ...

2018-11-27 17:29 3916

Telenor Selects Ericsson for 5G Core Network Transformation

Ericsson to transform Telenor's core network in Sweden, Denmark and Norway by deployingEricsson Cloud Core solutions for 5G across multiple data centers New deal encompasses Ericsson's full portfolio of Virtualized Network Functions (VNF) and related services Telenor subscribers will benefit fro...

2018-11-14 16:52 450

Ericsson Capital Markets Day 2018

STOCKHOLM, Nov. 7, 2018 /PRNewswire/ -- On November 8, Ericsson (NASDAQ: ERIC) will hold its Capital Markets Day 2018 inNew York. The company will give an overview of its turnaround, strategy, and plans for future growth as well as details about its business segments and market trends. Over...

2018-11-08 07:08 593

Fujitsu and Ericsson Team up on 5G Partnership

TOKYO and STOCKHOLM, Oct. 26, 2018 /PRNewswire/ -- Fujitsu Limited and Ericsson (NASDAQ: ERIC) have entered an agreement to deliver end-to-end 5G network solutions and related services under a strategic partnership. The two companies are joining forces to develop this based on their combined port...

2018-10-26 14:51 488
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