RICS:ERICA.ST

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...

2023-02-07 16:43 900

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...

2023-01-26 00:11 1864

Ericsson reports fourth quarter and full-year results 2022

STOCKHOLM, Jan. 20, 2023 /PRNewswire/ --  Fourth quarter highlights * The quarter was impacted by an IPR agreement resulting in total IPR revenues ofSEK 6.0 (2.4) b. and previously announced charges of SEK -4.0 b., including DOJ provision, IoT divestment and Cloud Software and Services contra...

2023-01-20 15:00 4304

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...

2023-01-12 21:27 2084

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...

2023-01-12 00:35 3194

Invitation to media and analyst briefing for Ericsson Q4 and full year 2022 report

* Report to be released at approximately 7:00 AM CET on January 20, 2023            * One live video webcast for analysts, investors and journalists at 9:00 AM CET STOCKHOLM, Jan. 11, 2023 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter and full year of 2022 ...

2023-01-11 20:41 2641

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...

2023-01-04 19:44 1496

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...

2022-12-20 17:33 2497

Ericsson Capital Markets Day 2022

* Committed to reaching lower end of long-term target of 15-18% EBITA margin and generating Free Cash Flow before M&A of 9%-12% of sales by 2024   * Acceleration of initiatives to reduce costs by SEK 9 b. (around USD 0.9 b) by end of 2023 * In addition to the recently signed agreement, IPR r...

2022-12-15 22:00 2673

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...

2022-12-15 11:55 1437

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; ...

2022-12-10 01:24 8915

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 ...

2022-12-09 22:26 5117

Aeris to acquire IoT business from Ericsson

* Ericsson's IoT Accelerator and Connected Vehicle Cloud businesses and related assets to be transferred to Aeris. * Through the transaction, Aeris will become a market leader in IoT with strong synergies to create an unparalleled IoT offering for enterprises and new revenue streams for commu...

2022-12-07 19:38 3186

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...

2022-11-25 16:33 2803

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...

2022-10-25 20:52 1850

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) ...

2022-10-20 14:29 2568

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...

2022-10-17 14:39 974

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 ...

2022-10-13 14:50 984