Ericsson Reports Third Quarter Results 2017
STOCKHOLM, Oct. 20, 2017 /PRNewswire/ -- THIRD QUARTER HIGHLIGHTS * Reported sales decreased by -6% YoY. Sales adjusted for comparable units and currency declined by -3%. * Networks sales declined by -4% YoY. Sales adjusted for comparable units, currency and the rescoped managed services cont...
5G Readiness on the Rise
WASHINGTON, Oct. 12, 2017 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has released the 5G Readiness Survey 2017. The report shows that many operators have accelerated preparations for the new technology and trials are being carried out by 78 percent of the respondents. Furthermore, 28 percent of the ...
Ronnie Leten Proposed as New Chairman of the Board in Ericsson; Kurt Jofs Proposed as New Member of the Board
STOCKHOLM, Oct 9, 2017 /PRNewswire/ -- Ericsson's (NASDAQ:ERIC) Nomination Committee will propose Ronnie Leten as new Chairman of the Board of Ericsson. Between 1985 and 2017, Leten held various positions within Atlas Copco, being the company's President and CEO 2009-2017. He is currently a board...
Ericsson Announces Changes to Executive Team
STOCKHOLM, September 12, 2017 /PRNewswire/ -- - Niklas Heuveldop appointed Head of Market Area North America - Will be acting in role as Chief Strategy Officer, Head of Technology & Emerging Business - Heuveldop remains Senior Vice President and member of Ericsson's Executive Team Ericsson (NA...
Ericsson Sues Wiko for Patent Infringement
STOCKHOLM, Aug. 17, 2017 /PRNewswire/ -- On August 14, 2017, Ericsson (NASDAQ: ERIC) sued smartphone maker Wiko, in the regional courts ofDusseldorf and Mannheim in Germany, for infringement of patents essential for 2G, 3G and 4G cellular technology, as well as implementation patents. Wiko has ...
Francisco Partners Completes Investment in Ericsson's iconectiv Business
STOCKHOLM, Aug. 10, 2017 /PRNewswire/ -- Francisco Partners, a leading technology investment firm, has completed its investment in iconectiv, an independent subsidiary owned by Ericsson (NASDAQ: ERIC). As part of the investment, Francisco Partners investsUSD 200 million to acquire a 16.7% owners...
Ericsson Reports Second Quarter Results 2017
STOCKHOLM, July 18, 2017 /PRNewswire/ -- SECOND QUARTER HIGHLIGHTS * Reported sales decreased by -8% YoY. Sales, adjusted for comparable units and currency, decreased by -13% YoY. The RAN equipment market for 2017 is estimated to show a high single-digit percentage decline compared with previou...
Changes to Ericsson's Nomination Committee
STOCKHOLM, July 14, 2017 /PRNewswire/ -- Effective July 14, 2017, Johan Forssell , Investor AB, will replace Petra Hedengran, Investor AB, as chairman in Ericsson's (NASDAQ: ERIC) Nomination Committee. The Nomination Committee for the Annual General Meeting of shareholders 2018 now consists of: ...
Invitation to Media and Analyst Call for Ericsson Q2 2017 Report
STOCKHOLM, Sweden, July 11, 2017 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second quarter of 2017 will be published at approximately0730 CEST on July 18, 2017. The company will issue a press release with the complete financial report attached, including tables, in PDF f...
The Chairman of Ericsson, Leif Johansson Informs That he Will not Make Himself Available for Reelection
Chairman of the Board of Directors Leif Johansson has informed that he will not make himself available for reelection at the Annual General Meeting of shareholders 2018 The Nomination committee has initiated the search for a replacement STOCKHOLM, July 5, 2017 /PRNewswire/ -- Ericsson's (NASDAQ:...
