RICS:ERICB.ST

New AI-based Ericsson Operations Engine Makes Managed Services Simple

- Addresses increasing network complexity, including service providers' need to handle growing volume of devices, multiple technologies (4G, 5G, IoT), and more diverse service requirements - The shift from reactive to data-driven predictive operations enhances user experience, drives agile servi...

2019-01-29 15:59 7205

Ericsson Reports Fourth Quarter and Full Year Results 2018

STOCKHOLM, Jan. 25, 2019 /PRNewswire/ -- Fourth quarter highlights * Sales as reported increased by 10% YoY and sales adjusted for comparable units and currency increased by 4%. * Networks sales adjusted for comparable units and currency grew by 6% YoY. Digital Services sales adjusted for co...

2019-01-25 15:11 11026

Ericsson Announces Change to the Executive Team

STOCKHOLM, Jan. 16, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced that Helena Norrman has decided to leave Ericsson to pursue opportunities outside the company.Helena Norrman, who has been with the company since 1998, will leave her position as Senior Vice President, Chief Market...

2019-01-16 18:10 608

Invitation to Media and Analyst Briefings for Ericsson Q4 and Full Year 2018 Report

STOCKHOLM, Jan. 11, 2019 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter and full-year of 2018 will be published at approximately07:30 CET on January 25, 2019. The company will issue a press release with the complete financial report attached, including tables, ...

2019-01-11 21:10 5931

Provisions in Fourth Quarter 2018 Related to Reshaping BSS Business

STOCKHLM, Jan. 10, 2019 /PRNewswire/ -- * Provisions for estimated costs of SEK 6.1 b. to be taken in fourth quarter results, of whichSEK 3.1 b. restructuring charges * Planned measures will materially reduce losses in Business Support System (BSS) already in 2019. Reshaped BSS strategy expe...

2019-01-10 16:54 11320

Ericsson Releases its 10 Hot Consumer Trends for 2019

WASHINGTON, Dec. 12, 2018 /PRNewswire/ -- * Consumers expect smart speakers to take part in family arguments, just like other family members * Virtual assistant users think devices that understand our moods will be mainstream in three years * AR and VR users want hands-on virtual guidance f...

2018-12-12 14:29 544

Update on Software Issue Impacting Certain Customers

STOCKHOLM, Dec. 7, 2018 /PRNewswire/ -- Following network disturbances in a number of Ericsson's (NASDAQ:ERIC) customer networks, Ericsson has taken immediate action to minimize impact and support the restoration of services. During December 6, 2018, Ericsson has identified an issue in certain n...

2018-12-07 00:44 858

Ericsson and Volvo Cars Sign Five-year Connected Vehicle Cloud Worldwide Deal

WASHINGTON, Nov. 29, 2018 /PRNewswire/ -- * Ericsson Connected Vehicle Cloud (CVC) platform with global operational support to benefit Volvo Car Group worldwide market * Ericsson and Volvo Cars signed first Connected Vehicle Cloud deal in 2012 * Industrialized Ericsson Connected Vehicle Clou...

2018-11-29 16:42 1153

5G Estimated to Reach 1.5 Billion Subscriptions in 2024 - Ericsson Mobility Report

WASHINGTON, Nov. 27, 2018 /PRNewswire/ -- 5G is expected to reach more than 40 percent global population coverage and 1.5 billion subscriptions for enhanced mobile broadband by the end of 2024. This will make5G ...

2018-11-27 17:29 3694

Telenor Selects Ericsson for 5G Core Network Transformation

Ericsson to transform Telenor's core network in Sweden, Denmark and Norway by deployingEricsson Cloud Core solutions for 5G across multiple data centers New deal encompasses Ericsson's full portfolio of Virtualized Network Functions (VNF) and related services Telenor subscribers will benefit fro...

2018-11-14 16:52 400

Ericsson, Einride and Telia Power Sustainable, Self-driving Trucks With 5G

WASHINGTON, United States, Nov. 7, 2018 /PRNewswire/ -- Einride, Ericsson and Telia are putting 5G into motion at a DB Schenker facility in Jönköping, Sweden. The goal is to power an all-electric,autonomous transport ecosystem

2018-11-07 16:43 454

Fujitsu and Ericsson Team up on 5G Partnership

TOKYO and STOCKHOLM, Oct. 26, 2018 /PRNewswire/ -- Fujitsu Limited and Ericsson (NASDAQ: ERIC) have entered an agreement to deliver end-to-end 5G network solutions and related services under a strategic partnership. The two companies are joining forces to develop this based on their combined port...

2018-10-26 14:51 446

Press Invitation: Ericsson Capital Markets Day 2018

STOCKHOLM, Oct. 25, 2018 /PRNewswire/ -- * Management presentations in New York on November 8, 2018, from 10 am EST * Live webcast between 10 am and 4pm EST Ericsson (NASDAQ: ERIC) will hold its Capital Markets Day onNovember 8, 2018 in New York, New York. You are welcome to join the Executi...

2018-10-25 21:19 460

Ericsson to Deliver Mission-critical Communications to UN Peacekeepers

WASHINGTON, Oct. 25, 2018 /PRNewswire/ -- * Ericsson to provide UN peacekeeping missions with Private LTE networks * Advanced mission-critical mobile broadband technologies enabling unrivalled situational awareness for peacekeepers during operations * First live UN Private LTE networks expe...

2018-10-25 16:22 613

Invitation to Media and Analyst Briefings for Ericsson Q3 2018 Report

STOCKHOLM, Oct. 11, 2018 /PRNewswire/ -- * Report to be released at approximately 07:30 CEST on October 18, 2018 * Press briefing at Ericsson Studio with live video webcast starts at 09:00 CEST * Conference call for analysts, investors and journalists starts at 14:00 CEST Ericsson's (NASDAQ...

2018-10-11 19:02 396

MediaKind Shows Momentum at IBC 2018, Ericsson Expects to Close Divestment of Majority Stake Around Year End

STOCKHOLM, Sept. 18, 2018 /PRNewswire/ -- - Expected closure of divestment of majority stake in MediaKind (previously Media Solutions) around year end, as compared to previously communicated Q3 2018 - Focus is on ensuring a smooth transition for customers and employees while creating an efficien...

2018-09-18 23:28 673

Ericsson and Industry Partners Advance 5G Commercial Readiness in North America

WASHINGTON, Sept. 12, 2018 /PRNewswire/ -- - First, public 5G NR over-the-air data call using 39 GHz mmWave band - Demonstration uses commercially available products: Ericsson Radio System AIR 5331 and the Intel® 5G Mobile Trial Platform - Successful interoperability tests pave the way for comme...

2018-09-12 01:43 472

Ericsson Strengthens end-to-end Transport Solutions for 5G

WASHINGTON, Sept. 5, 2018 /PRNewswire/ -- With 5G use cases placing more demanding requirements on the networks, Ericsson (NASDAQ: ERIC) is strengthening its end-to-end mobile transport solutions by building on its radio expertise and adding best-in-class transport technologies from Juniper Netw...

2018-09-05 16:15 622

Enhanced Ericsson Radio System Increases Speed and Adaptability of 5G Rollouts

WASHINGTON, Sept. 5, 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) is expanding its end-to-end5G Platform by adding new hardware and software products to the Ericsson Radio System portfolio, further enhancing the agility and speed with which communication service providers can roll out their 5G ne...

2018-09-05 16:08 624

Ericsson to Acquire CENX to Boost Network Automation Capability

STOCKHOLM, Sept. 4, 2018 /PRNewswire/ -- * Ericsson to acquire CENX – a US-based service assurance technology company. Approximately 185 employees will join Ericsson. * CENX's cloud-native service assurance and automation capability strengthens Ericsson's position as a leading player in the O...

2018-09-04 22:37 751
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