Ericsson targets high-performing programmable networks with new 5G Advanced software
* High-performing programmable networks empower communications service providers (CSPs) to steer network behavior, aligning it with diverse business goals for optimal outcomes * Seven new 5G Advanced software products for high-performing programmable networks will substantially increase reven...
Ericsson announces change to the Executive Team
STOCKHOLM, Oct. 30, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces thatMajBritt Arfert, the Company's Chief People Officer, will step down at the end of May, 2025. Mrs. Arfert has been with Ericsson for over 38 years and has been a member of its Executive Team the since autumn of 2...
Ericsson's Annual General Meeting 2024
STOCKHOLM, April 3, 2024 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) Annual General Meeting (AGM) was held today onApril 3, 2024 in Kista, Stockholm. Shareholders were also able to exercise their voting rights by post before the meeting. Adoption of the Income Statements and...
Invitation to media and analyst briefing for Ericsson Q1 2024 report
* Report to be released at approximately 7:00 AM CEST on April 16, 2024 * One live video webcast for analysts, investors, and journalists at 9:00 AM CEST STOCKHOLM, April 2, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the first quarter 2024 will be published at approxim...
Ericsson reports fourth quarter and full-year results 2023
STOCKHOLM, Jan. 23, 2024 /PRNewswire/ -- Fourth quarter highlights – Solid EBITA and cash flow in a challenged market * Sales declined organically[1] by -17% YoY, driven by a -23% decline in Networks. Reported sales were down by -16% toSEK 71.9 b. * Gross income excluding restructuring cha...
Ericsson Mobility Report: Resilient 5G uptake - global mobile data traffic set to triple in six years
* Global 5G subscriptions forecast to top 5.3 billion by the end of 2029 * Continued strong surge in global average data consumption per smartphone - predicted to increase from 21GB/month to 56GB/month between 2023 and 2029 * 85 percent of the global population to have ...
Ericsson reports second quarter 2023
STOCKHOLM, July 14, 2023 /PRNewswire/ -- Second quarter highlights – In line with expectations * Group organic sales[1] declined by -9% YoY. Segment Networks sales[1] declined by -13%, while segment Enterprise sales[1] grew by 20%. Reported sales wasSEK 64.4 (62.5) b. * The sharp decline i...
New number of shares and votes in Telefonaktiebolaget LM Ericsson
STOCKHOLM, May 31, 2023 /PRNewswire/ -- The total number of shares in Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) as ofMay 31, 2023, amounts to 3,344,151,735, of which 261,755,983 are A shares and 3,082,395,752 are B shares. The total number of votes is 569,995,558.2, of which the A shares re...
Ericsson resolves on an acquisition offer for C shares for LTV II 2023, LTV 2022 and LTV 2021
STOCKHOLM, May 3, 2023 /PRNewswire/ -- In accordance with the resolutions by the Annual General Meeting 2023, Ericsson (NASDAQ: ERIC) expands its treasury stock in order to provide shares for the Long-Term Variable Compensation Programs LTV II 2023, LTV 2022 and LTV 2021 for Ericsson's executive ...
Ericsson reports first quarter results 2023
STOCKHOLM, April 18, 2023 /PRNewswire/ -- First quarter highlights – Executing in a challenging market * Group organic sales[1] were unchanged YoY. As expected, segment Networks organic sales[1] declined by -2%, driven by lower operator capex and inventory optimization among multiple customer...
Ericsson Announces Compliance Leadership Changes
STOCKHOLM, Feb. 28, 2023 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces that after almost four years as Ericsson's Chief Compliance Officer (CCO),Laurie Waddy will be leaving the company. Ms. Waddy joined Ericsson in April 2019 and played an important role in strengthening the company's ...
New Ericsson solutions boost indoor 5G capacity and precise location services
* New suite of indoor hardware and software make indoor 5G easier for communications service providers (CSPs), enterprises, and neutral hosts to deploy, scale, and monetize * Introducing a new precise-location software that enables new enterprise use cases such as asset tracking and tool posi...
Strengthened Networks portfolio boosts Ericsson's drive towards Net Zero emissions
* A new range of 10 radios led by triple-band Radio 4485, which is 53 percent lighter than comparable products. Also launching new mobile transport and software solutions * Industry-first, 600MHz Massive MIMO radio with Ericsson-unique Interference Sensing software that adds up to 40 percent ...
Ericsson Mobility Report Business Review edition: 5G drives revenue growth
* Communications Service Providers in Top 20 5G markets enjoying revenue growth * Enhanced Mobile broadband and Fixed Wireless Access proving popular early use cases * Cloud gaming, enterprise and industrial deployments gaining momentum STOCKHOLM, Feb. 7, 2023 /PRNewswire/ -- New research f...
Ericsson announces changes to the Executive Team
* Jenny Lindqvist is appointed Senior Vice President, and Head of Market Area Europe &Latin America, effective as of February 1, 2023 * Becomes member of Ericsson's Executive Team reporting to CEO STOCKHOLM, Jan. 26, 2023 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has appointed Jenny Lindqvist S...
Ericsson reports fourth quarter and full-year results 2022
STOCKHOLM, Jan. 20, 2023 /PRNewswire/ -- Fourth quarter highlights * The quarter was impacted by an IPR agreement resulting in total IPR revenues ofSEK 6.0 (2.4) b. and previously announced charges of SEK -4.0 b., including DOJ provision, IoT divestment and Cloud Software and Services contra...
Ericsson makes provision in fourth quarter of 2022 in relation to potential DPA breach resolution with U.S. Department of Justice
STOCKHOLM, Jan. 12, 2023 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) announces that it is now in a position to make a provision ofSEK 2.3 billion (approx. USD 220 million) in relation to a potential resolution with the U.S. Department of Justice (DOJ) regarding previously announced, non-criminal, all...
Ericsson Nomination Committee´s proposal for board of directors. Jan Carlson proposed as new Chairman
* Chairman, Ronnie Leten, has informed that he will not stand for re-election to the Board * Kurt Jofs and Nora Denzel have informed the Nomination Committee that they will not stand for re-election as directors * The Nomination Committee of Ericsson proposes that curre...
Invitation to media and analyst briefing for Ericsson Q4 and full year 2022 report
* Report to be released at approximately 7:00 AM CET on January 20, 2023 * One live video webcast for analysts, investors and journalists at 9:00 AM CET STOCKHOLM, Jan. 11, 2023 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter and full year of 2022 ...
Ericsson is taking action to accelerate profitability in Cloud Software and Services
STOCKHOLM, Jan. 4, 2023 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) is continuing to execute on its revised strategy in segment Cloud Software and Services. As outlined at the recent Capital Markets Day, key priorities include limiting subscale software development, accelerating automation to lower d...
