Ericsson Signs Credit Facility Agreement With the European Investment Bank
STOCKHOLM, May 31, 2018 /PRNewswire/ -- * The European Investment Bank has granted Ericsson a credit facility of EUR 250 million * The agreement will support research and development activities for 5G and is in line with Ericsson's focused business strategy * The credit facility will mature...
Ericsson Expert Analytics Selected by EE to Improve Customer Experience
WASHINGTON, May 21, 2018 /PRNewswire/ -- * EE, the UK's largest mobile operator and part of the BT Group, has selected Ericsson Expert Analytics as its next-generation customer experience management (CEM) system * The solution is aimed at improving EE subscriber satisfaction, net promoter sc...
Ericsson Pioneers Machine Learning Network Design for SoftBank
WASHINGTON, May 16, 2018 /PRNewswire/ -- * SoftBank Corp., a leading Japanese mobile operator, has used Ericsson's machine intelligence-based method for advanced radio network design in the Tokai region * Compared to traditional methods, the new approach provided important benefits, for exam...
Ericsson: Zero-touch Could Herald a new era in Service Provider Customer Interaction
WASHINGTON, May 14, 2018 /PRNewswire/ -- * New Ericsson Consumer & IndustryLab Insight Report explores the future of customer interactions with telecom service providers * Consumers expect telecom service providers to match leading digital consumer experiences * Telecom service providers ca...
Ericsson: New Report: Smartphone Shoppers Altering Retail Reality
WASHINGTON, May 7, 2018 /PRNewswire/ -- * Smartphone shopping is expected to peak globally in the coming few years with 43 percent surveyed already making purchases on their phone weekly * Majority of smartphone shoppers expect most people to have a personal shopping advisor within 3 years; e...
Ericsson to Transform Wind Tre core Network in Italy
WASHINGTON, April 26, 2018 /PRNewswire/ -- * 5G-evolution core network modernization will deliver increased reliability, thanks to cloud architecture, greater flexibility and services customization, thanks to network slicing * Solution improves speed, efficiency and agility for Wind Tre when ...
Ericsson's Nomination Committee Appointed
STOCKHOLM, April 26, 2018 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) Nomination Committee for the Annual General Meeting 2019 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012. The Nomination Committee consists of: * ...
Ericsson: Ultra-low Latency of 5G Improves Production of Jet Engine Components
WASHINGTON, April 23, 2018 /PRNewswire/ -- * Industrial applications of 5G jointly being explored and developed by Ericsson and the Fraunhofer Institute for Production Technology - first 5G use case for making jet engine components now being tested for MTU Aero Engines * Close to 1 millisecon...
Ericsson Media Solutions Launches MediaFirst UHD for End-to-end UHD Experiences
WASHINGTON, April 11, 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) Media Solutions today announces the launch of its MediaFirst End-to-End Ultra High Definition (UHD) solution, the industry's first software-based, multi-application media processing and encoding platform to deliver UHD content fr...
Ericsson Announces Changes to Executive Team
STOCKHOLM, March 27, 2018 /PRNewswire/ -- * Xavier Dedullen is appointed Senior Vice President, Chief Legal Officer and Head of Group Function Legal Affairs & Compliance, and member of Ericsson's Executive Team, effectiveApril 1, 2018 * Erik Ekudden, Chief Technology Officer, is appointed Sen...
Ericsson Energy Alliance Makes Network Evolution Cost-effective and Sustainable
WASHINGTON, March 26, 2018 /PRNewswire/ -- * The alliance comprises Ericsson, Vertiv and NorthStar – with more members to follow * Service providers will benefit from the cost-efficient, environmental and sustainability aspects offered by this partnership * The alliance addresses the servic...
Ericsson Annual Report 2017 Published
STOCKHOLM, March. 2, 2018 /PRNewswire/ -- * Annual Report 2017 available for download * Printed version available for order The Ericsson (NASDAQ: ERIC) Annual Report for 2017 is now available on the Ericsson web site. For more details, please visit Investor Relations section at: https://www.e...
Ericsson and Dialog Axiata Partner to Roll Out the First Commercial Massive IoT Network in Sri Lanka
WASHINGTON, March 1, 2018 /PRNewswire/ -- Dialog Axiata PLC, Sri Lanka's largest telecommunications services provider, and Ericsson (NASDAQ: ERIC) have rolled out the first commercial Massive IoT network supporting both Cat-M1 and NB-IoT technologies inSouth Asia. Deployed across Dialog Axiata's...
Ericcson- Unlocking 5G's Revenue Potential: a Roadmap for Operators
* Comprehensive guide for operators on how to maximize revenue opportunities today in IoT and on the road to 5G * Real-time automation is the largest of the nine use-case clusters identified in Ericsson's 5G industry digitalization report followed by enhanced video services * 73 percent o...
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...
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...
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...
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 ...