Executive Team and Board of Directors reaffirm commitment to deliver strategy and continue compliance transformation journey
STOCKHOLM, March 30, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) Executive Team and Board of Directors reaffirm commitment to deliver Ericsson strategy and continue compliance transformation journey. At Ericsson's 2022 Annual General Meeting, it was recorded that shareholders representing at le...
Ericsson Annual Report on Form 20-F filed with the SEC
STOCKHOLM, March 26, 2022 /PRNewswire/ -- On March 25, 2022, Ericsson (NASDAQ: ERIC) filed its Annual Report on Form 20-F for the year endedDecember 31, 2021, with the U.S. Securities and Exchange Commission (SEC). The Annual Report is available on Ericsson's website at https://www.ericsson.com/...
Ericsson Board of Directors issues statement in advance of the Annual General Meeting
STOCKHOLM, March 21, 2022 /PRNewswire/ -- Ericsson today issues a statement by its Chairman and Board of Directors regarding the company's resolution and ongoing engagement with the United States Department of Justice (DOJ). Ericsson reached a resolution with the DOJ in 2019 and is currently oper...
Ericsson Annual Report 2021 published
* Annual Report 2021 available for download and printed version available for order * The Annual Report 2021 publication consists of Ericsson's Financial report 2021, the Corporate Governance Report 2021, the Remuneration Report 2021 and the Sustainability and Corporate Responsibility...
Notice of Ericsson's Annual General Meeting 2022
STOCKHOLM, Feb. 22, 2022 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Tuesday, March 29, 2022 at 3 pm. Due to COVID-19, the Board of Directors has decided that the Annual General Meeting of shareholders 2022 will be c...
Ericsson: Update: Iraq media inquiries
STOCKHOLM, Feb. 16, 2022 /PRNewswire/ -- In the past week, Ericsson (NASDAQ: ERIC), has continued to receive detailed media inquiries from Swedish and international news outlets. Their interest pertains to information detailed in a 2019 internal investigation by the company, on conduct inIraq. ...
Ericsson: Comment regarding recent media inquiries
STOCKHOLM, Feb. 8, 2022 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has received questions from media regarding past compliance related matters inIraq. It appears media will focus on the conduct of business in unstable regions where terrorist organizations and corruption are present and employees' sa...
Ericsson reports fourth quarter and full-year results 2021
STOCKHOLM, Jan. 25, 2022 /PRNewswire/ -- Fourth quarter highlights * Group organic sales grew by 2% YoY. Sales in Mainland China declined by SEK -1.8 b. (-3 percentage points), meaning that excluding Mainland China organic sales growth was 5%. Reported sales wereSEK 71.3 (69.6) b....
Invitation to media and analyst briefing for Ericsson Q4 and full year 2021 report
STOCKHOLM, Jan. 12, 2022 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter and full year of 2021 will be published at approximately7:00 AM CET on January 25, 2022. The company will issue a press release with the complete financial report attached, including tables...
Ericsson pledges to support one million children and young people by 2025 with access to digital learning and skills
STOCKHOLM, Dec. 9, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces a major new commitment to empower one million children and young people by 2025 through access to digital learning, tools, content and development programs. This commitment forms part of the World Economic Forum-align...
Ericsson Mobility Report: Mobile data traffic increased almost 300-fold over 10 years
KISTA, Sweden, Nov. 30, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) global insights reveal an almost 300-fold increase in mobile data traffic since 2011 - the year in which Ericsson Mobility Report was first published. The findings, based on current and historical network data, are included in t...
Ericsson to acquire Vonage for USD 6.2 billion to spearhead the creation of a global network and communication platform for open innovation
- Ericsson enters into agreement for USD 6.2 billion cash offer to acquire Vonage, a global provider of cloud-based communications, with unanimous approval of the Vonage Board of Directors - Acquisition underlines Ericsson strategy to expand its presence in wireless enterprise and broaden its gl...
One million schools mapped: UNICEF and ITU's Giga initiative, with support from Ericsson, reaches milestone towards connecting every school to the internet
KISTA, Sweden, Oct. 28, 2021 /PRNewswire/ -- One year after Ericsson entered a global partnership with UNICEF to support the Giga Initiative's school connectivity mapping efforts, the initiative has reached a major milestone in mapping the location and connectivity status of one million schools. ...
Update on Deferred Prosecution Agreement
STOCKHOLM, Oct. 22, 2021 /PRNewswire/ -- On December 6, 2019, Ericsson (NASDAQ: ERIC) entered into a Deferred Prosecution Agreement (DPA) with the United States Department of Justice (DOJ). Ericsson has received correspondence from the DOJ stating that it has determined that Ericsson breached its...
Invitation to media and analyst briefing for Ericsson Q3 2021 report
STOCKHOLM, Oct. 5, 2021 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the third quarter 2021 will be published at approximately7:00 AM CEST onOctober 19, 2021. The company will issue a press release with the complete financial report attached, including tables, in PDF format. ...
Ericsson signs USD 2 billion sustainability-linked revolving credit facility
- USD 2 billion sustainability-linked revolving credit facility signed - Transaction underlines the confidence in Ericsson's financial and sustainable performance STOCKHOLM, Sept. 30, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has signed a USD 2 billion sustainability-linked revolving credit fa...
Ericsson awarded reduced market share by China Mobile
- Ericsson share for China Mobile CP for 700MHz radio award is 2% - Decision reflects earlier market guidance in connection with global risk factors STOCKHOLM, July 20, 2021 /PRNewswire/ -- Following a review of bids in the CP for 700MHz radio round ofChina's 5G network development, Ericsson has...
Ericsson reports second quarter results 2021
STOCKHOLM, July 16, 2021 /PRNewswire/ -- Second quarter highlights * Group organic sales grew by 8% YoY, despite a sales decline in Mainland China ofSEK -2.5 b. YoY and an IPR revenue decline of SEK -0.5 b. YoY. Reported sales wereSEK 54.9 (55.6) b. * Gross margin excl. restructuring charge...
Invitation to media and analyst briefing for Ericsson Q2 2021 report
- Report to be released at approximately 7:00 AM CEST on July 16, 2021 - One live video webcast for analysts, investors and journalists at 9:00 AM CEST STOCKHOLM, July 6, 2021 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second quarter 2021 will be published at approximat...
Ericsson Mobility Report: More than half a billion 5G subscriptions by the end of 2021
KISTA, Sweden, June 16, 2021 /PRNewswire/ -- * 5G remains on track to become the fastest adopted mobile generation in history with subscriptions increasing at a rate of about a million per day * China, North America and the Gulf Cooperation Council markets are leading the way on subscriber nu...
