Ericsson and MasOrange partner on European-first open programmable network integration
STOCKHOLM, Oct. 29, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and MasOrange, Spain's largest communications service provider (CSP) by customer base, are embarking on a major five-year Open RAN-ready future-network partnership that will put the Spanish operator at the forefront ofEurope's open ...
Ericsson reports third quarter results 2024
STOCKHOLM, Oct. 15, 2024 /PRNewswire/ -- Strategic highlights – solid progress on both strategic and operational priorities * Increased momentum in programmable networks, mobile network contract wins in multiple markets. * Global supply of Network APIs secured with JV agreed between leadi...
Global telecom leaders join forces to redefine the industry with network APIs
* Landmark agreement to accelerate adoption and innovation of network APIs includes a newly formed company that will drive new monetization opportunities for the industry. STOCKHOLM, Sept. 12, 2024 /PRNewswire/ -- Today, some of the world's largest telecom operators, including América Móvil, AT...
Ericsson announces sale of iconectiv
* iconectiv is a US subsidiary of Ericsson acquired in 2012, and a provider of network number portability solutions and data exchange services * The divestment will allow iconectiv to continue its growth trajectory under the new ownership of Koch Equity Development LLC STOCKHOLM, Aug. 17, 2024...
Ericsson and OPPO sign global patent cross license agreement
* Multi-year global cross license covering cellular technology, including 5G * Royalty payments from OPPO to Ericsson * Business cooperation on 5G related projects such as device testing and customer engagements STOCKHOLM, July 15, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and OPPO have s...
Invitation to media and analyst briefing for Ericsson Q2 2024 report
* Report to be released at approximately 7:00 AM CEST on July 12, 2024 * One live video webcast for analysts, investors, and journalists at 10:00 AM CEST STOCKHOLM, June 27, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second quarter 2024 will be published at approxi...
Ericsson Mobility Report: 5G driving change in service providers' FWA strategies
* 5G enabling growing numbers of FWA service providers to offer speed-based tariff plans * 5G subscriptions forecast close to 5.6 billion by the end of 2029 * Mobile data traffic expected to grow by 20 percent annually through the end of 2029 STOCKHOLM, June 26, 2024 /PRNewswire/ -- Fixed Wi...
Ericsson ConsumerLab: 10 Hot Consumer Trends 2030s - the AI-Powered Future
* Ericsson polled more than 6,500 early adopters in 13 cities about possible AI scenarios in the 2030s * Early adopters believe that four out of five consumers in the 2030s will use AI to make major life-altering decisions * Early adopters believe that the most successful innovators of the f...
Ericsson announces conclusion of Monitorship
* Ericsson's Monitorship and Plea Agreement concluded on June 2 * Follows upon certification of Ericsson's anti-corruption compliance program by independent Monitor inMarch 2024 * Continuing to cooperate fully with DOJ and SEC investigations on historical conduct STOCKHOLM, June 3, 2024 /PRN...
New number of shares and votes in Telefonaktiebolaget LM Ericsson
STOCKHOLM, May 31, 2024 /PRNewswire/ -- The total number of shares in Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) as of May 31, 2024, amounts to 3,348,251,735, of which 261,755,983 are A shares and 3,086,495,752 are B shares. The total number of votes is 570,405,558.2 of which the A shares re...
Ericsson's Nomination Committee appointed
STOCKHOLM, May 30, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) Nomination Committee for the Annual General Meeting 2025 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012. The Nomination Committee consists of: * Jo...
Ericsson announces change to the Executive Team
STOCKHOLM, May 10, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces that Fadi Pharaon, Senior Vice President and Head of Market Area Middle East & Africa, has decided to leave Ericsson to pursue other opportunities. Mr. Pharaon has held his current position since 2019 but has been with...
Ericsson to utilize mandate to transfer shares
STOCKHOLM, May 3, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) annual general meeting onApril 3, 2024 authorized the company to, in conjunction with the delivery of vested shares under the long-term variable compensation program 2021 ("LTV 2021"), prior to the annual general meeting in 2025, re...
Ericsson reports first quarter results 2024
STOCKHOLM, April 16, 2024 /PRNewswire/ -- First quarter highlights – Driving gross margin improvements and cost efficiencies * Sales declined organically[1] by -14% YoY, due to a -19% decline in Networks. Reported sales decreased toSEK 53.3 (62.6) b. * Gross income excluding restructuring cha...
Ericsson appoints Andres Vicente Head of Market Area South East Asia, Oceania & India
* Effective as of May 1, 2024 * Becomes member of Ericsson's Executive Team, reporting to the CEO STOCKHOLM, March 20, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the appointment ofAndres Vicente as its new Head of Market Area South East Asia, Oceania &India and Senior Vice Pr...
Notice of Ericsson's Annual General Meeting 2024
STOCKHOLM, Feb. 28, 2024 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Wednesday, April 3, 2024 at 1 pm. The Nomination Committee proposes among other things: * Karl Åberg as new member of the Board (item 9 and 11) ...
Ericsson to utilize mandate to transfer shares
STOCKHOLM, Feb. 16, 2024 /PRNewswire/ -- Ericsson's (NASDAQ:ERIC) annual general meeting onMarch 29, 2023 authorized the company's board of directors to resolve on the transfer of the company's own shares. Under the authorization the company may, in conjunction with the delivery of vested shares ...
Ericsson signs funding agreements with the European Investment Bank
* Ericsson has signed two 7-year funding agreements with the European Investment Bank (EIB) for a total ofEUR 420 million * The loans will finance parts of Ericsson's R&D investments in wireless technology up to 2025 * The R&D investments are an important contributor into Ericsson's overall ...
Ericsson ConsumerLab report highlights differentiated 5G connectivity opportunity for CSPs
* Twenty percent of 5G smartphone users willing to pay premium to CSPs for differentiated quality of service over 5G * 5G consumers three times more likely to switch provider because of poor connectivity experiences at major venues such as stadiums, arenas and airports ...
Ericsson reports first quarter results 2022
STOCKHOLM, April 14, 2022 /PRNewswire/ -- First quarter highlights * Group organic sales grew by 3% YoY driven by Networks in North America and inEurope and Latin America. Reported sales were SEK 55.1 (49.8) b. * Reported gross margin was 42.3% (42.8%) impacted by proactive investments in sup...
