Ericsson Capital Markets Day 2017
STOCKHOLM, Nov. 8, 2017 /PRNewswire/ -- * Update on company strategy, progress in strategy execution and planning assumptions going forward * Long term target of more than 12% operating margin, excluding restructuring, beyond 2020 * Robust plans in place with a target of sales of SEK 190 - ...
Swisscom Selects Ericsson as Strategic Supplier for Gigabit LTE and 5G
WASHINGTON, Nov. 8, 2017 /PRNewswire/ -- * Swisscom and Ericsson reaffirm their long-standing, strategic partnership by continuing to drive innovation in Gigabit LTE and 5G * Ericsson to provide complete digital transformation of Swisscom's network to nationwide Gigabit LTE and deployment of...
Ericsson Announces Changes to Executive Team
STOCKHOLM, Nov. 7, 2017 /PRNewswire/ -- * Fredrik Jejdling appointed Executive Vice President, in addition to his current role as Head of Business Area Networks, effectiveNovember 7, 2017 * Jan Frykhammar, Executive Vice President and advisor to the CEO, to leave his role as Executive Vice Pr...
Ericsson and Swisscom Offers Gigabit LTE With Radio Dot System
WASHINGTON, Nov. 6, 2017 /PRNewswire/ -- * Customers can experience indoor Gigabit LTE in Swisscom retail shops across Switzerland * Gigabit speeds reached by combining LTE frequencies, adding MIMO streams and enabling higher-order modulation in the Ericsson Radio Dot System * Full capabili...
Entel Extends Network Partnership Towards 5G With Ericsson
WASHINGTON, Oct. 30, 2017 /PRNewswire/ -- * New contract paves the way to 5G for Entel's mobile network using the latest technologies, focused on 4G expansion, Massive MIMO and its evolution * Ericsson's offerings include Ericsson Radio System and a virtualized IP Multimedia Subsystem (vIMS)...
Press Invitation: Ericsson Capital Markets Day 2017
STOCKHOLM, Oct. 24, 2017 /PRNewswire/ -- * Management presentations in New York on November 8, 2017, from 9am EST * Live webcast between 9am and 4pm EST Ericsson (NASDAQ: ERIC) will hold its Capital Markets Day onNovember 8, 2017 in New York, New York. You are welcome to join Ericsson's manag...
Ericsson Reports Third Quarter Results 2017
STOCKHOLM, Oct. 20, 2017 /PRNewswire/ -- THIRD QUARTER HIGHLIGHTS * Reported sales decreased by -6% YoY. Sales adjusted for comparable units and currency declined by -3%. * Networks sales declined by -4% YoY. Sales adjusted for comparable units, currency and the rescoped managed services cont...
5G Readiness on the Rise
WASHINGTON, Oct. 12, 2017 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has released the 5G Readiness Survey 2017. The report shows that many operators have accelerated preparations for the new technology and trials are being carried out by 78 percent of the respondents. Furthermore, 28 percent of the ...
Ericsson Announces Changes to Executive Team
STOCKHOLM, September 12, 2017 /PRNewswire/ -- - Niklas Heuveldop appointed Head of Market Area North America - Will be acting in role as Chief Strategy Officer, Head of Technology & Emerging Business - Heuveldop remains Senior Vice President and member of Ericsson's Executive Team Ericsson (NA...
Ericsson Sues Wiko for Patent Infringement
STOCKHOLM, Aug. 17, 2017 /PRNewswire/ -- On August 14, 2017, Ericsson (NASDAQ: ERIC) sued smartphone maker Wiko, in the regional courts ofDusseldorf and Mannheim in Germany, for infringement of patents essential for 2G, 3G and 4G cellular technology, as well as implementation patents. Wiko has ...
Francisco Partners Completes Investment in Ericsson's iconectiv Business
STOCKHOLM, Aug. 10, 2017 /PRNewswire/ -- Francisco Partners, a leading technology investment firm, has completed its investment in iconectiv, an independent subsidiary owned by Ericsson (NASDAQ: ERIC). As part of the investment, Francisco Partners investsUSD 200 million to acquire a 16.7% owners...
Changes to Ericsson's Nomination Committee
STOCKHOLM, July 14, 2017 /PRNewswire/ -- Effective July 14, 2017, Johan Forssell , Investor AB, will replace Petra Hedengran, Investor AB, as chairman in Ericsson's (NASDAQ: ERIC) Nomination Committee. The Nomination Committee for the Annual General Meeting of shareholders 2018 now consists of: ...
Invitation to Media and Analyst Call for Ericsson Q2 2017 Report
STOCKHOLM, Sweden, July 11, 2017 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second quarter of 2017 will be published at approximately0730 CEST on July 18, 2017. The company will issue a press release with the complete financial report attached, including tables, in PDF f...
World's First 5G Federated Network Slicing Grants Global Reach
SEOUL, South Korea, Feb. 15, 2017 /PRNewswire/ -- SK Telecom (NYSE: SKM) announced today that SK Telecom (NYSE: SKM), Deutsche Telekom (DT), Ericsson (NASDAQ: ERIC) have jointly built and demonstrated the world's first intercontinental 5G trial network. SK Telecom and DT network slices are now a...
