Ericsson to Acquire CENX to Boost Network Automation Capability
STOCKHOLM, Sept. 4, 2018 /PRNewswire/ -- * Ericsson to acquire CENX – a US-based service assurance technology company. Approximately 185 employees will join Ericsson. * CENX's cloud-native service assurance and automation capability strengthens Ericsson's position as a leading player in the O...
Ericsson Increasing US Investments to Support Accelerated 5G Deployments
STOCKHOLM, Aug. 10, 2018 /PRNewswire/ -- To support the accelerated build out of 5G inthe United States, Ericsson (NASDAQ: ERIC) will increase its investment in the market. This series of strategic initiatives will allow Ericsson to operate even closer to its customers, meeting the growing demand...
Singtel and Ericsson to Launch Singapore's First 5G Pilot Network
WASHINGTON, July 23, 2018 /PRNewswire/ --Singtel and Ericsson (NASDAQ: ERIC) are strengthening their 5G Centre of Excellence Programme partnership with the announcement of a new initiative that will seeSingapore's first 5G pilot network go live by Q4 this year. Announced today, the 5G pilot netw...
Ericsson Reports Second Quarter Results 2018
STOCKHOLM, July 18, 2018 /PRNewswire/ -- Second quarter highlights * Sales as reported and sales adjusted for comparable units and currency both decreased by -1% YoY. Segment Networks showed a sales growth of 2% YoY, both in reported sales and sales adjusted for comparable units and currency...
Ericsson, Telstra and Intel Achieve First End-to-end Multi-vendor 5G Commercial Network Data Call Over Licenced 3.5GHz Spectrum
WASHINGTON, July 17, 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC), Telstra and Intel have successfully completed the first end-to-end 5G non-standalone (NSA) 3GPP data call on a commercial mobile network at Telstra's 5G Innovation Centre on theGold Coast Australia in a multivendor setup. With thi...
Invitation to Media and Analyst Calls for Ericsson Q2 2018 Report
STOCKHOLM, July 4, 2018 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the first quarter of 2018 will be published at approximately07:30 CEST on July 18, 2018. The company will issue a press release with the complete financial report attached, including tables, in PDF format. Fo...
Ericsson Establishes Center of Excellence and Innovation Lab for 5G in India at the IIT, Delhi
WASHINGTON, July 3, 2018 /PRNewswire/ -- * Inaugurated by the Hon'ble Minister of Communications (I/C) and Minister of State for Railways, Govt. ofIndia - Shri Manoj Sinha * CoE established to fast-track 5G deployments in the country by bringing together telecom ecosystems, academia, industry...
Ericsson and MTS to Deliver Superior Mobile Broadband Experiences for Football Fans at Tournament in Russia
WASHINGTON, June 8, 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Russian service provider MTS have teamed up to provide a superior mobile broadband experience for hundreds of thousands of football fans attending the upcoming global soccer tournament inRussia, through Europe's largest deployme...
Movistar Argentina Selects Ericsson Radio System to Transform Mobile Network
WASHINGTON, June 7, 2018 /PRNewswire/ -- Movistar Argentina has selected Ericsson (NASDAQ: ERIC) to transform its Radio Access Network (RAN) over a three-year period based on Ericsson Radio System. In addition to expanded network coverage, the deal will provide customers of Movistar Argentina wit...
Ericsson Signs Credit Facility Agreement With the European Investment Bank
STOCKHOLM, May 31, 2018 /PRNewswire/ -- * The European Investment Bank has granted Ericsson a credit facility of EUR 250 million * The agreement will support research and development activities for 5G and is in line with Ericsson's focused business strategy * The credit facility will mature...
Ericsson Expert Analytics Selected by EE to Improve Customer Experience
WASHINGTON, May 21, 2018 /PRNewswire/ -- * EE, the UK's largest mobile operator and part of the BT Group, has selected Ericsson Expert Analytics as its next-generation customer experience management (CEM) system * The solution is aimed at improving EE subscriber satisfaction, net promoter sc...
Ericsson Pioneers Machine Learning Network Design for SoftBank
WASHINGTON, May 16, 2018 /PRNewswire/ -- * SoftBank Corp., a leading Japanese mobile operator, has used Ericsson's machine intelligence-based method for advanced radio network design in the Tokai region * Compared to traditional methods, the new approach provided important benefits, for exam...
Ericsson: Zero-touch Could Herald a new era in Service Provider Customer Interaction
WASHINGTON, May 14, 2018 /PRNewswire/ -- * New Ericsson Consumer & IndustryLab Insight Report explores the future of customer interactions with telecom service providers * Consumers expect telecom service providers to match leading digital consumer experiences * Telecom service providers ca...
Ericsson: New Report: Smartphone Shoppers Altering Retail Reality
WASHINGTON, May 7, 2018 /PRNewswire/ -- * Smartphone shopping is expected to peak globally in the coming few years with 43 percent surveyed already making purchases on their phone weekly * Majority of smartphone shoppers expect most people to have a personal shopping advisor within 3 years; e...
Ericsson to Transform Wind Tre core Network in Italy
WASHINGTON, April 26, 2018 /PRNewswire/ -- * 5G-evolution core network modernization will deliver increased reliability, thanks to cloud architecture, greater flexibility and services customization, thanks to network slicing * Solution improves speed, efficiency and agility for Wind Tre when ...
Ericsson: Ultra-low Latency of 5G Improves Production of Jet Engine Components
WASHINGTON, April 23, 2018 /PRNewswire/ -- * Industrial applications of 5G jointly being explored and developed by Ericsson and the Fraunhofer Institute for Production Technology - first 5G use case for making jet engine components now being tested for MTU Aero Engines * Close to 1 millisecon...
Ericsson Reports First Quarter Results 2018
STOCKHOLM, April 20, 2018 /PRNewswire/ -- First quarter highlights (In 2017, certain items affecting comparability had a significant negative impact on the results.) * Reported sales decreased by -9% YoY. Sales, adjusted for currency, decreased by -2% YoY with lower revenues in market areas N...
Ericsson Media Solutions Launches MediaFirst UHD for End-to-end UHD Experiences
WASHINGTON, April 11, 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) Media Solutions today announces the launch of its MediaFirst End-to-End Ultra High Definition (UHD) solution, the industry's first software-based, multi-application media processing and encoding platform to deliver UHD content fr...
Ericsson Announces Changes to Executive Team
STOCKHOLM, March 27, 2018 /PRNewswire/ -- * Xavier Dedullen is appointed Senior Vice President, Chief Legal Officer and Head of Group Function Legal Affairs & Compliance, and member of Ericsson's Executive Team, effectiveApril 1, 2018 * Erik Ekudden, Chief Technology Officer, is appointed Sen...
Ericsson Energy Alliance Makes Network Evolution Cost-effective and Sustainable
WASHINGTON, March 26, 2018 /PRNewswire/ -- * The alliance comprises Ericsson, Vertiv and NorthStar – with more members to follow * Service providers will benefit from the cost-efficient, environmental and sustainability aspects offered by this partnership * The alliance addresses the servic...
