Strengthened Networks portfolio boosts Ericsson's drive towards Net Zero emissions
* A new range of 10 radios led by triple-band Radio 4485, which is 53 percent lighter than comparable products. Also launching new mobile transport and software solutions * Industry-first, 600MHz Massive MIMO radio with Ericsson-unique Interference Sensing software that adds up to 40 percent ...
Ericsson Mobility Report Business Review edition: 5G drives revenue growth
* Communications Service Providers in Top 20 5G markets enjoying revenue growth * Enhanced Mobile broadband and Fixed Wireless Access proving popular early use cases * Cloud gaming, enterprise and industrial deployments gaining momentum STOCKHOLM, Feb. 7, 2023 /PRNewswire/ -- New research f...
Ericsson announces changes to the Executive Team
* Jenny Lindqvist is appointed Senior Vice President, and Head of Market Area Europe &Latin America, effective as of February 1, 2023 * Becomes member of Ericsson's Executive Team reporting to CEO STOCKHOLM, Jan. 26, 2023 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has appointed Jenny Lindqvist S...
Ericsson makes provision in fourth quarter of 2022 in relation to potential DPA breach resolution with U.S. Department of Justice
STOCKHOLM, Jan. 12, 2023 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) announces that it is now in a position to make a provision ofSEK 2.3 billion (approx. USD 220 million) in relation to a potential resolution with the U.S. Department of Justice (DOJ) regarding previously announced, non-criminal, all...
Ericsson Nomination Committee´s proposal for board of directors. Jan Carlson proposed as new Chairman
* Chairman, Ronnie Leten, has informed that he will not stand for re-election to the Board * Kurt Jofs and Nora Denzel have informed the Nomination Committee that they will not stand for re-election as directors * The Nomination Committee of Ericsson proposes that curre...
Ericsson is taking action to accelerate profitability in Cloud Software and Services
STOCKHOLM, Jan. 4, 2023 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) is continuing to execute on its revised strategy in segment Cloud Software and Services. As outlined at the recent Capital Markets Day, key priorities include limiting subscale software development, accelerating automation to lower d...
Ericsson presents a Green Financing Framework
* The Green Financing Framework is established to enable financing of investments in energy efficient technologies, such as 4G, 5G and future 6G, and renewable energy. * The framework has been developed in accordance with current market best practices and verified by leading independent secon...
Ericsson Announces Extension of Compliance Monitorship
STOCKHOLM, Dec. 15, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) announces that it has agreed with the U.S. Department of Justice (DOJ) and Securities and Exchange Commission (SEC) to extend the term of the Company's Independent Compliance Monitor for one year, toJune 2024. In 2019 Ericsson ente...
Changes to Ericsson's Nomination Committee
STOCKHOLM, Dec. 10, 2022 /PRNewswire/ -- Effective December 9, 2022, Niko Pakalén will replace Jonas Synnergren as representative for Cevian Capital Partners Limited in Ericsson's (NASDAQ: ERIC) Nomination Committee. The Nomination Committee now consists of: * Johan Forssell, Investor AB; ...
Ericsson and Apple sign global patent license agreement
* Agreement includes global cross-license for patented cellular standard-essential technologies and grants certain other patent rights. * Settlement ends all ongoing patent-related legal disputes between the parties. * Including effects of the settlement, and including ongoing IPR business ...
Ericsson Mobility Report: Global 5G growth amid macroeconomic challenges
STOCKHOLM, Nov. 30, 2022 /PRNewswire/ -- * 5G continues to scale faster than any previous mobile generation * 5G mobile subscriptions expected to reach five billion by the end of 2028 * Fixed Wireless Access forecast increased and now estimated to top 300 million connections within six years...
Ericsson report highlights potential economic benefits of 5G in emerging markets
* Comprehensive Analysys Mason study spans 15 countries in Asia, Africa and Latin America * Potential GDP economic benefits vastly outweigh investment costs * Governments, regulators and policy makers play a key enabling role * Countries also set to benefit from environmental and social inc...
Invitation to Ericsson's Capital Markets Day 2022
STOCKHOLM, Oct. 25, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has the pleasure of inviting investors, financial analysts and media representatives to its Capital Markets Day onDecember 15, 2022. The Capital Markets Day will be held as a physical event in New York and the presentations will al...
Ericsson reports third quarter results 2022
STOCKHOLM, Oct. 20, 2022 /PRNewswire/ -- Third quarter highlights * Group organic sales[1] grew by 3% YoY driven primarily by Networks in North America. Reported sales were SEK 68.0 (56.3) b., of which Vonage contributed SEK 2.9 b. since July 21. * Gross income increased to SEK 28.1 (24.8) ...
