Arun Bansal Appointed Executive Vice President of Ericsson
STOCKHOLM, June 10, 2020 /PRNewswire/ -- * Bansal remains Head of Market Area Europe & Latin America and member of the Executive Team * Following the appointment, Ericsson will have two Executive Vice Presidents: Fredrik Jejdling as first EVP and Arun Bansal as second EVP Ericsson's (NASDAQ: ...
Ericsson's Nomination Committee Appointed
STOCKHOLM, April 23, 2020 /PRNewswire/ -- Ericsson's (NASDAQ:ERIC) Nomination Committee for the Annual General Meeting 2021 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012. The Nomination Committee consists of: * J...
Invitation to Media and Analyst Briefing for Ericsson Q1 2020 Report
STOCKHOLM, April 14, 2020 /PRNewswire/ -- * Report to be released at approximately 7:00 AM CEST on April 22, 2020 * One conference call for analysts, investors and journalists at 9:00 AM CEST Ericsson's (NASDAQ: ERIC) financial report for the first quarter 2020 will be published at approximat...
Ericsson's Annual General Meeting 2020
STOCKHOLM, March 31, 2020 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) Annual General Meeting (AGM) was held onMarch 31, 2020 in Kista/ Stockholm. Dividend The proposed dividend of SEK 1.50 per share was approved by the AGM. The dividend will be paid in two equal installments...
Börje Ekholm Addresses Shareholders Before Today's AGM
STOCKHOLM, March 31, 2020 /PRNewswire/ -- Due to the Coronavirus crisis, Ericsson's (NASDAQ: ERIC) Annual General Meeting 2020 (AGM) is changed in scope. To enable shareholders to follow the meeting remotely, Ericsson will propose to have the meeting available via live webcast atwww.ericsson.com....
Ericsson Annual Report on Form 20-F filed with the SEC
STOCKHOLM, March 20, 2020 /PRNewswire/ -- On March 19, 2020, Ericsson (NASDAQ:ERIC) filed its Annual Report on Form 20-F for the year endedDecember 31, 2019 with the U.S. Securities and Exchange Commission (SEC). The Annual Report is available on Ericsson's website at https://www.ericsson.com/en...
Update on Ericsson's Annual General Meeting 2020 Addressing the Corona Virus
* Ericsson plans to hold its Annual General Meeting of shareholders 2020 as scheduled at 3:00 pm CEST onMarch 31, 2020, but takes precautionary measures * Due to the current circumstances, the President and CEO Borje Ekholm will not attend in person, but will participate via link * Ericsson ...
Ericsson Annual Report 2019 Published
STOCKHOLM, March 3, 2020 /PRNewswire/ -- The Ericsson (NASDAQ: ERIC) Annual Report for 2019 is now available on the Ericsson web site. For more details, please visit:https://www.ericsson.com/en/investors To download the Annual Report 2019: https://www.ericsson.com/en/investors/financial-reports...
Invitation to Ericsson's Annual General Meeting 2020
STOCKHOLM, Feb. 21, 2020 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Tuesday, March 31, 2020, at 3 p.m. at Kistamassan, Arne Beurlings Torg 5, Kista/ Stockholm. The Nomination Committee proposes among other things: ...
Ericsson Withdraws From MWC Barcelona 2020
STOCKHOLM, Feb. 7, 2020 /PRNewswire/ -- * Ericsson's responsibility for the health and safety of employees, customers and other stakeholders is the company's top priority * Due to the outbreak of the novel corona virus Ericsson has taken the decision to withdraw from the industry event GSMA M...
Ericsson Reports Fourth Quarter and Full-year Results 2019
STOCKHOLM, Jan. 24, 2020 /PRNewswire/ -- Fourth quarter highlights * Sales were SEK 66.4 (63.8) b. Sales growth was 1% adjusted for comparable units and currency. A reduction inNorth America was compensated by growth in other markets, primarily in theMiddle East and North East Asia. Reported sa...
Ericsson Strengthens its 5G Research and Development with NIB
STOCKHOLM, Dec. 20, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) is announcing that it has signed an agreement for credit facility with the Nordic Investment Bank (NIB) forUSD 150 million, maturing in 2025. Of these new funds, 98 million will replace credit with NIB that was set to mature in 2021...
Ericsson Reaches Resolution on U.S. FCPA Investigations
- Ericsson has entered into a three-year Deferred Prosecution Agreement (DPA) with the U.S. Department of Justice (DOJ) to resolve criminal charges related to violations of the FCPA. This relates to accounting violations of the FCPA in five countries including inDjibouti where there is also a ch...
Ericsson Comments on Press Coverage About the Resolution of Ongoing U.S. FCPA Investigations
STOCKHOLM, Dec. 5, 2019 /PRNewswire/ -- As previously disclosed, Ericsson (NASDAQ: ERIC) is in discussions with the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) regarding the resolution of their investigations of the Company's compliance with the U.S. Foreign ...
Ericsson Mobility Report: 5G Subscriptions to Top 2.6 Billion by End of 2025
WASHINGTON, Nov. 25, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) expects the global number of 5G subscriptions to top 2.6 billion within the next six years, driven by sustained momentum and a rapidly developing 5G ecosystem. The forecast is included in theNovember 2019 edition of the Ericson Mob...
Zain Selects Ericsson for 5G in Bahrain
WASHINGTON, Nov. 11, 2019 /PRNewswire/ -- * Ericsson to deploy 3GPP standards-based 5G New Radio (NR) and core network * 5G introduction will create a powerful platform for innovation in Bahrain * Subscribers to benefit from a network equipped for next-generation mobile services Zain has se...
Korea's LG U+ Selects Ericsson as a 5G RAN and 5G Core Vendor
WASHINGTON, Oct. 18, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has been selected by Korean communication service provider LG U+ as a 5G radio access network (RAN) vendor for its 3.5 GHz Non-Standalone (NSA) 5G network. Ericsson has already been selected by LG U+ as a preferred 5G core network ...
Ericsson Reports Third Quarter Results 2019
STOCKHOLM, Oct. 17, 2019 /PRNewswire/ -- Third quarter highlights * Sales were SEK 57.1 (53.8) b. Sales adjusted for comparable units and currency increased by 3% driven by strong growth inNorth America and North East Asia. Reported sales grew by 6%. * Operating income was impacted by cos...
Telia Norway selects Ericsson as Sole 5G RAN Provider
WASHINGTON, Oct. 8, 2019 /PRNewswire/ -- * As 5G partner and sole RAN vendor, this contract will allow Ericsson to enable nationwide 5G inTelia Norway's next-generation network by 2023 * Ericsson Radio System hardware and software, including Ericsson Spectrum Sharing and 5G New Radio (NR), to...
Invitation to Media and Analyst Briefings for Ericsson Q3 2019 Report and Investor Update
STOCKHOLM, Oct. 3, 2019 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the third quarter of 2019 will be published at approximately7:00 AM CEST on October 17, 2019. The company will issue a press release with the complete financial report attached, including tables, in PDF format...
