Ericsson appoints Chafic Nassif Head of Market Area North East Asia
* Effective as of February 26, 2024 * Becomes member of Ericsson's Executive Team, reporting to the CEO STOCKHOLM, Jan. 29, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the appointment ofChafic Nassif as its new Head of Market Area North East Asia and Senior Vice President. M...
Ericsson announces impairment charge of SEK 32 billion and provides update on Q3 earnings
* Non-cash impairment of SEK 32 billion in the third quarter 2023, relating to the impairment of goodwill attributed to the Vonage acquisition. * Vonage remains critical to the enterprise strategy and Ericsson's positive outlook on the potential of the Global Network Platform remains unchanged...
Ericsson Mobility Report: Global 5G growth continues - India leading the way
* 5G mobile subscriptions are growing in every region and forecast to top 1.5 billion globally by the end of 2023 * Continued revenue growth in leading 5G markets * 5G continues to drive innovation in mobile service packaging STOCKHOLM, June 21, 2023 /PRNewswire/ -- Despite geopolitical c...
Notice of Ericsson's Annual General Meeting 2023
STOCKHOLM, Feb. 22, 2023 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Wednesday, March 29, 2023 at 3 pm. The Nomination Committee proposes among other things: * Jonas Synnergren and Christy Wyatt as new members of t...
Ericsson partners with Jio to build India's first 5G Standalone network to achieve India's digital leadership
STOCKHOLM, Oct. 17, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has entered into a long-term strategic 5G contract with Indian communications service provider (CSP) Reliance Jio Infocomm Ltd. (Jio) to roll out 5G Standalone (SA) in the country. The announcement follows the allocation of 5G spec...
Ericsson's largest consumer study shows 5G is already paving the path to the metaverse
STOCKHOLM, Oct. 13, 2022 /PRNewswire/ -- * Ericsson ConsumerLab's 5G: The Next Wave report is the largest consumer 5G research to date. * Compared to 4G users - 5G users spend an average of one hour per-week more on metaverse-related services, such as gaming in virtual worlds, and augmented ...