Stockholm:ERIC.B

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.            * ...

2020-04-22 13:59 5966

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...

2019-03-12 15:56 702

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 11607

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 16:22 764

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...

2018-06-12 17:24 1020