Ericsson appoints Chafic Nassif Head of Market Area North East Asia
* Effective as of February 26, 2024 * Becomes member of Ericsson's Executive Team, reporting to the CEO STOCKHOLM, Jan. 29, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the appointment ofChafic Nassif as its new Head of Market Area North East Asia and Senior Vice President. M...
Notice of Ericsson's Annual General Meeting 2023
STOCKHOLM, Feb. 22, 2023 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Wednesday, March 29, 2023 at 3 pm. The Nomination Committee proposes among other things: * Jonas Synnergren and Christy Wyatt as new members of t...
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...
Invitation to media and analyst briefing for Ericsson Q3 2022 report
* Report to be released at approximately 7:00 AM CEST on October 20, 2022 * One live video webcast for analysts, investors and journalists at 9:00 AM CEST STOCKHOLM, Oct. 6, 2022 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the third quarter 2022 will be published at approxim...
Invitation to briefing on Vonage and Global Network Platform
* Ericsson to host a briefing on recent Vonage acquisition and development of Global Network Platform * Conference call including Q&A scheduled at 6:00 PM CEST, September 26 STOCKHOLM, Sept. 13, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) invites stakeholders to a briefing onSeptember 26, 6:...
Ericsson reports second quarter results 2022
STOCKHOLM, July 14, 2022 /PRNewswire/ -- Second quarter highlights * Group organic sales grew by 5% YoY driven primarily by Networks in North America and Europe. Reported sales were SEK 62.5 (54.9) b. * Reported gross income increased to SEK 26.3 (23.9) b. driven by higher sales. Gross marg...
Ericsson Mobility Report: 5G to top one billion subscriptions in 2022 and 4.4 billion in 2027
STOCKHOLM, June 21, 2022 /PRNewswire/ -- * Global mobile network data traffic doubled in the past two years * Fixed Wireless Access (FWA) to account for 20 percent of all mobile data network traffic in 2022 * 60 percent of global mobile network data traffic expected to be over 5G networks ...
Ericsson Responsible Business meeting ahead of the AGM
STOCKHOLM, March 21, 2022 /PRNewswire/ -- Following today's press release where the Ericsson Board of Directors made statement in advance of the Annual General Meeting, we invite shareholders and others to join us for an update on our enhanced ethics and compliance program and a summary of recent...
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. * ...
Ericsson Announces Change to the Executive Team
STOCKHOLM, March 12, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced thatRafiah Ibrahim will leave her position as Senior Vice President and Head of Market Area Middle East &Africa and will take on a role as advisor to CEO Börje Ekholm.Rafiah Ibrahim, who has held her current positio...
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...
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...
5G on a Roll, Cellular IoT Deployments Ramping Up -- Ericsson Mobility Report
WASHINGTON, June 12, 2018 /PRNewswire/ -- * 3.5 billion IoT cellular connections predicted for 2023 * 5G commercial launches this year; North America seen leading the 5G uptake * 20 percent of global mobile data traffic will be on 5G networks in 2023 Commercial rollouts of 5G and larger than...
