NASDAQ:ERIC

Ericsson reports fourth quarter and full-year results 2021

STOCKHOLM, Jan. 25, 2022 /PRNewswire/ -- Fourth quarter highlights            * Group organic sales grew by 2% YoY. Sales in Mainland China declined by SEK -1.8 b. (-3 percentage points), meaning that excluding Mainland China organic sales growth was 5%. Reported sales wereSEK 71.3 (69.6) b....

2022-01-25 14:38 2345

Invitation to media and analyst briefing for Ericsson Q4 and full year 2021 report

STOCKHOLM, Jan. 12, 2022 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter and full year of 2021 will be published at approximately7:00 AM CET on January 25, 2022. The company will issue a press release with the complete financial report attached, including tables...

2022-01-12 17:16 2035

Ericsson ConsumerLab: Ten Hot Consumer Trends 2030 - the hybrid mall

- Consumers expect hybrid mall experiences to be common by 2030 - Consumers could enjoy global experiences, interactions and social connections in a networked physical setting that is close to home. - AR glasses, waterproof VR glasses, haptic body suits and tactile gloves could all be part of co...

2021-12-15 17:23 2651

Ericsson pledges to support one million children and young people by 2025 with access to digital learning and skills

STOCKHOLM, Dec. 9, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces a major new commitment to empower one million children and young people by 2025 through access to digital learning, tools, content and development programs. This commitment forms part of the World Economic Forum-align...

2021-12-09 16:28 1829

Ericsson Mobility Report: Mobile data traffic increased almost 300-fold over 10 years

KISTA, Sweden, Nov. 30, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) global insights reveal an almost 300-fold increase in mobile data traffic since 2011 - the year in which Ericsson Mobility Report was first published. The findings, based on current and historical network data, are included in t...

2021-11-30 16:14 1431

Ericsson to acquire Vonage for USD 6.2 billion to spearhead the creation of a global network and communication platform for open innovation

- Ericsson enters into agreement for USD 6.2 billion cash offer to acquire Vonage, a global provider of cloud-based communications, with unanimous approval of the Vonage Board of Directors - Acquisition underlines Ericsson strategy to expand its presence in wireless enterprise and broaden its gl...

2021-11-22 14:22 2186

One million schools mapped: UNICEF and ITU's Giga initiative, with support from Ericsson, reaches milestone towards connecting every school to the internet

KISTA, Sweden, Oct. 28, 2021 /PRNewswire/ -- One year after Ericsson entered a global partnership with UNICEF to support the Giga Initiative's school connectivity mapping efforts, the initiative has reached a major milestone in mapping the location and connectivity status of one million schools. ...

2021-10-28 16:34 1415

Update on Deferred Prosecution Agreement

STOCKHOLM, Oct. 22, 2021 /PRNewswire/ -- On December 6, 2019, Ericsson (NASDAQ: ERIC) entered into a Deferred Prosecution Agreement (DPA) with the United States Department of Justice (DOJ). Ericsson has received correspondence from the DOJ stating that it has determined that Ericsson breached its...

2021-10-22 10:18 2203

Invitation to media and analyst briefing for Ericsson Q3 2021 report

STOCKHOLM, Oct. 5, 2021 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the third quarter 2021 will be published at approximately7:00 AM CEST onOctober 19, 2021. The company will issue a press release with the complete financial report attached, including tables, in PDF format. ...

2021-10-05 19:10 16377

Ericsson signs USD 2 billion sustainability-linked revolving credit facility

- USD 2 billion sustainability-linked revolving credit facility signed - Transaction underlines the confidence in Ericsson's financial and sustainable performance STOCKHOLM, Sept. 30, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has signed a USD 2 billion sustainability-linked revolving credit fa...

2021-09-30 14:55 2422

Ericsson awarded reduced market share by China Mobile

- Ericsson share for China Mobile CP for 700MHz radio award is 2% - Decision reflects earlier market guidance in connection with global risk factors STOCKHOLM, July 20, 2021 /PRNewswire/ -- Following a review of bids in the CP for 700MHz radio round ofChina's 5G network development, Ericsson has...

2021-07-20 01:51 16180

Ericsson reports second quarter results 2021

STOCKHOLM, July 16, 2021 /PRNewswire/ -- Second quarter highlights * Group organic sales grew by 8% YoY, despite a sales decline in Mainland China ofSEK -2.5 b. YoY and an IPR revenue decline of SEK -0.5 b. YoY. Reported sales wereSEK 54.9 (55.6) b.  * Gross margin excl. restructuring charge...

2021-07-16 14:13 40197

Invitation to media and analyst briefing for Ericsson Q2 2021 report

- Report to be released at approximately 7:00 AM CEST on July 16, 2021 - One live video webcast for analysts, investors and journalists at 9:00 AM CEST STOCKHOLM, July 6, 2021 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second quarter 2021 will be published at approximat...

2021-07-06 16:29 16481

Ericsson Mobility Report: More than half a billion 5G subscriptions by the end of 2021

KISTA, Sweden, June 16, 2021 /PRNewswire/ -- * 5G remains on track to become the fastest adopted mobile generation in history with subscriptions increasing at a rate of about a million per day * China, North America and the Gulf Cooperation Council markets are leading the way on subscriber nu...

2021-06-16 14:23 8313

Ericsson updates risk factors for Euro corporate bond prospectus

STOCKHOLM, May 24, 2021 /PRNewswire/ -- As previously disclosed by Ericsson (NASDAQ: ERIC) in its Q4 2020 financial report and in its 2020 annual report, there is a risk that the decision by the Post and Telecommunication Authority (PTS) to exclude Chinese vendors' products from the 5G auction in...

2021-05-24 15:21 4769

Ericsson announces settlement with impact in second quarter 2021

- Settlement with Nokia of EUR 80 m (SEK 0.8 b equivalent) related to 2019 resolution with the U.S. authorities  - Impact of EUR 80 m on EBIT and EUR 26 m on cashflow in Q2 2021 STOCKHOLM, May 12, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has reached an agreement with Nokia for settling a dam...

2021-05-12 14:42 6019

Ericsson and Samsung sign global patent license agreement

STOCKHOLM, May 7, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Samsung have reached a multi-year agreement on global patent licenses between the two companies, including patents relating to all cellular technologies. The cross-license agreement covers sales of network infrastructure and hands...

2021-05-07 14:30 3761

Ericsson reports first quarter results 2021

STOCKHOLM, April 21, 2021 /PRNewswire/ -- First quarter highlights * Sales adjusted for comparable units and currency grew by 10% YoY despite SEK -1.6 b. lower IPR licensing revenues YoY and four of the five market areas showed double-digit growth. Reported sales wereSEK 49.8 (49.8) b. * Gros...

2021-04-21 14:08 3324

Ericsson's Nomination Committee appointed

STOCKHOLM, April 19, 2021 /PRNewswire/ -- Ericsson's (NASDAQ:ERIC) Nomination Committee for the Annual General Meeting 2022 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012. The Nomination Committee consists of: * J...

2021-04-19 15:00 3344

Invitation to media and analyst briefing for Ericsson Q1 2021 report

- Report to be released at approximately 7:00 AM CEST on April 21, 2021 - One live video webcast for analysts, investors and journalists at 9:00 AM CEST STOCKHOLM, April 12, 2021 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the first quarter 2021 will be published at approxim...

2021-04-12 17:28 2722
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