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...
