Ericsson completes acquisition of Cradlepoint
STOCKHOLM, Nov. 2, 2020 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has completed its acquisition of Cradlepoint, the US-based market leader in Wireless WAN Edge 4G and 5G solutions for the enterprise market. The investment is key to Ericsson's ongoing strategy of capturing market share in the rapidl...
Press invitation to Ericsson Capital Markets Day 2020
STOCKHOLM, Nov. 2, 2020 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has the pleasure of inviting investors, financial analysts and media representatives to its Capital Markets Day on10 November 2020 between 3:00 pm and 7:00 pm CET. This year's Capital Markets Day will be an online live event featurin...
Ericsson reports third quarter results 2020
STOCKHOLM, Oct. 21, 2020 /PRNewswire/ -- Third quarter highlights * Sales adjusted for comparable units and currency increased by 7% YoY mainly driven by 5G sales in Mainland China. Reported sales wereSEK 57.5 (57.1) b. * Gross margin excluding restructuring charges improved to 43.2% (37.8%) w...
Invitation to media and analyst briefing for Ericsson Q3 2020 report
STOCKHOLM, Oct. 13, 2020 /PRNewswire/ -- * Report to be released at approximately 7:00 AM CEST on October 21, 2020 * One conference call for analysts, investors and journalists at 9:00 AM CEST Ericsson's (NASDAQ: ERIC) financial report for the third quarter 2020 will be published at approxim...
Ericsson accelerates 5G for Enterprise with acquisition of Cradlepoint
STOCKHOLM, Sept. 18, 2020 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has agreed to acquire Cradlepoint, the US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions. The investment is key to Ericsson's ongoing strategy of capturing market share in the rapidly expanding 5G Enterpris...
Ericsson Reports Second Quarter Results 2020
STOCKHOLM, July 17, 2020 /PRNewswire/ -- Second quarter highlights * Sales were SEK 55.6 (54.8) b. Sales adjusted for comparable units and currency were flat YoY. * Gross margin excluding restructuring charges improved to 38.2% (36.7%), including the earlier communica...
Arun Bansal Appointed Executive Vice President of Ericsson
STOCKHOLM, June 10, 2020 /PRNewswire/ -- * Bansal remains Head of Market Area Europe & Latin America and member of the Executive Team * Following the appointment, Ericsson will have two Executive Vice Presidents: Fredrik Jejdling as first EVP and Arun Bansal as second EVP Ericsson's (NASDAQ: ...
Ericsson's Nomination Committee Appointed
STOCKHOLM, April 23, 2020 /PRNewswire/ -- Ericsson's (NASDAQ:ERIC) Nomination Committee for the Annual General Meeting 2021 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012. The Nomination Committee consists of: * J...
Ericsson Reports First Quarter Results 2020
STOCKHOLM, April 22, 2020 /PRNewswire/ -- First quarter highlights * Sales were SEK 49.8 (48.9) b. A decline by -2% adjusted for comparable units and currency. * The COVID-19 pandemic had limited impact on operating income and cash flow in the quarter. * ...
Invitation to Media and Analyst Briefing for Ericsson Q1 2020 Report
STOCKHOLM, April 14, 2020 /PRNewswire/ -- * Report to be released at approximately 7:00 AM CEST on April 22, 2020 * One conference call for analysts, investors and journalists at 9:00 AM CEST Ericsson's (NASDAQ: ERIC) financial report for the first quarter 2020 will be published at approximat...
Ericsson's Annual General Meeting 2020
STOCKHOLM, March 31, 2020 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) Annual General Meeting (AGM) was held onMarch 31, 2020 in Kista/ Stockholm. Dividend The proposed dividend of SEK 1.50 per share was approved by the AGM. The dividend will be paid in two equal installments...
Börje Ekholm Addresses Shareholders Before Today's AGM
STOCKHOLM, March 31, 2020 /PRNewswire/ -- Due to the Coronavirus crisis, Ericsson's (NASDAQ: ERIC) Annual General Meeting 2020 (AGM) is changed in scope. To enable shareholders to follow the meeting remotely, Ericsson will propose to have the meeting available via live webcast atwww.ericsson.com....
Update on Ericsson's Annual General Meeting 2020 Addressing the Corona Virus
* Ericsson plans to hold its Annual General Meeting of shareholders 2020 as scheduled at 3:00 pm CEST onMarch 31, 2020, but takes precautionary measures * Due to the current circumstances, the President and CEO Borje Ekholm will not attend in person, but will participate via link * Ericsson ...
Ericsson to Acquire Genaker to Strengthen Mission Critical Push-to-talk Offering
STOCKHOLM, March 12, 2020 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has signed an agreement to acquire 100 percent of the shares in Genaker, a provider of Mission Critical Push-to-talk (MC-PTT) solutions, based inBarcelona, Spain. The acquisition strengthens Ericsson's MC-PTT offering as the missi...
Ericsson Annual Report 2019 Published
STOCKHOLM, March 3, 2020 /PRNewswire/ -- The Ericsson (NASDAQ: ERIC) Annual Report for 2019 is now available on the Ericsson web site. For more details, please visit:https://www.ericsson.com/en/investors To download the Annual Report 2019: https://www.ericsson.com/en/investors/financial-reports...
Invitation to Ericsson's Annual General Meeting 2020
STOCKHOLM, Feb. 21, 2020 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Tuesday, March 31, 2020, at 3 p.m. at Kistamassan, Arne Beurlings Torg 5, Kista/ Stockholm. The Nomination Committee proposes among other things: ...
Ericsson Withdraws From MWC Barcelona 2020
STOCKHOLM, Feb. 7, 2020 /PRNewswire/ -- * Ericsson's responsibility for the health and safety of employees, customers and other stakeholders is the company's top priority * Due to the outbreak of the novel corona virus Ericsson has taken the decision to withdraw from the industry event GSMA M...
Ericsson Reports Fourth Quarter and Full-year Results 2019
STOCKHOLM, Jan. 24, 2020 /PRNewswire/ -- Fourth quarter highlights * Sales were SEK 66.4 (63.8) b. Sales growth was 1% adjusted for comparable units and currency. A reduction inNorth America was compensated by growth in other markets, primarily in theMiddle East and North East Asia. Reported sa...
Invitation to Media and Analyst Briefing for Ericsson Q4 and Full Year 2019 Report
* Report to be released at approximately 7:00 AM CET on January 24, 2020 * One conference call for analysts, investors and journalists at 9:00 AM CET STOCKHOLM, Jan. 9, 2020 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter and full-year of 2019 will be publishe...
Ericsson Strengthens its 5G Research and Development with NIB
STOCKHOLM, Dec. 20, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) is announcing that it has signed an agreement for credit facility with the Nordic Investment Bank (NIB) forUSD 150 million, maturing in 2025. Of these new funds, 98 million will replace credit with NIB that was set to mature in 2021...
