Livability linked to connectivity according to new Ericsson report STOCKHOLM, SWEDEN -- (Marketwire) -- 05/14/12 --* Residents in 13 major cities, representing 100 million people, surveyed by
ConsumerLab* Around 40% of people in cities use smartphones and rely on mobile
information to solve day-to-day issues* Mobile network coverage ranks fourth on a list of what city residents are
most satisfied with* Commuting is the biggest source of frustration; mobile information eases
stressIn a new report by its ConsumerLab research team, Ericsson (NASDAQ ...
Ericsson to introduce Smart Cloud Accelerator solution STOCKHOLM, SWEDEN -- (Marketwire) -- 05/09/12 --* Accelerates operator return on investment via unified caching technology* Reduces operator operations cost by integrating Akamai caching technology,
initially within SSR 8000 fixed and mobile routing gateways and
subsequently
in the RAN infrastructure* Increases operator CDN reach federating with partner operators and with
the
global Akamai Intelligent PlatformAs part of the recently announced Network-enabled Cloud concept, Ericsson
( ...
Ericsson's Annual General Meeting 2012 STOCKHOLM, SWEDEN -- (Marketwire) -- 05/03/12 --Telefonaktiebolaget LM Ericsson's Annual General Meeting was held on May
3, 2012 in Stockholm.DividendThe proposed dividend of SEK 2.50 per share was adopted. The record day for
dividend was set to Tuesday, May 8, 2012. Payment from Euroclear Sweden AB
is
expected to take place on Friday, May 11, 2012.Adoption of the Profit and Loss Statements and the Balance SheetsThe AGM resolved to adopt the Profit and Loss Statement and the Balance
Sheet
for th ...
Global Scale, Strong Market Position Highlighted at Ericsson AGM STOCKHOLM, SWEDEN -- (Marketwire) -- 05/03/12 --* At Annual General Meeting of shareholders, Ericsson President and CEO
Hans
Vestberg gave an overview of 2011 financial results and strategic
decisions* Good sales growth; profitability remains in focus* Information and Communications Technology (ICT) reaching all parts of
society - from electric vehicles to city planningAt Ericsson's (NASDAQ: ERIC) Annual General Meeting, President and CEO Hans
Vestberg reviewed financial results and disc ...
Ericsson strengthens LTE partnership with SK Telecom STOCKHOLM, SWEDEN -- (Marketwire) -- 05/03/12 --* SK Telecom, South Korea's largest operator, signs contract with
Ericsson to provide LTE services to its subscribers in the country's
major cities* Ericsson strengthens its position in LTE and becomes one of SK
Telecom's main partners* More SK Telecom subscribers will now benefit from an enhanced
mobile-broadband experience and improved latencyDemand for LTE services in South Korea has increased rapidly since the
commercial launch of the t ...
Ericsson releases annual Sustainability and Corporate Responsibility Report STOCKHOLM, SWEDEN -- (Marketwire) -- 05/03/12 --* Summarizes Ericsson's activities and achievements during 2011* Highlights ICT's potential to solve energy, environmental and social
Challenges* Ericsson advocates the use of technology for good to deliver lasting,
positive change in the Networked SocietyEricsson's (NASDAQ: ERIC) annual Sustainability and Corporate Responsibility
report entitled "Technology for Good", released today, confirms the company's
belief on the transform ...
Ericsson successfully prices its debut US corporate bond STOCKHOLM, SWEDEN -- (Marketwire) -- 05/03/12 --Ericsson (NASDAQ: ERIC) has successfully placed a US dollar denominated 1
billion
10-year bond with a fixed coupon rate of 4,125%. With this transaction,
Ericsson
marks its entry to the US bond market, the world's largest corporate bond
market, and takes advantage of strong current corporate credit market
conditions. The bond will extend Ericsson's average debt maturity profile
and
further diversify Ericsson's funding sources.
The proceeds will be ...
Ericsson first quarter report 2012 STOCKHOLM, SWEDEN -- (Marketwire) -- 04/25/12 --* Sales decreased -4% YoY, impacted by an expected major decline in CDMA
sales
as well as lower operator network spending in regions with macro-economic
or
political uncertainty. Global Services and consolidation of Telcordia
contributed positively.* The underlying business mix, with higher share of coverage and network
modernization projects than capacity projects, was unchanged. This mix is
expected to prevail short-term.* Operating margin 5.5% e ...
ST-Ericsson Reports First Quarter 2012 Financial Results GENEVA -- (Marketwire) -- 04/23/12 --* Net sales $290 million* NovaThor U8500 ModAp hitting the market in devices from leading
customers* New strategic direction and partnership announced todayST-Ericsson, a joint venture of
STMicroelectronics (NYSE: STM) and Ericsson (NASDAQ: ERIC), reported
financial
results for the first fiscal quarter ending March 31, 2012.Sales in the first quarter, excluding the contribution of IP licensing
to a
third party in the prior quarter, decreased sequ ...
Ericsson's JV ST-Ericsson Announces New Strategic Direction STOCKHOLM, SWEDEN -- (Marketwire) -- 04/23/12 --* Focused R&D effort and partnership with STMicroelectronics in the
development of future application processors* Restructuring program to lower break even point and accelerate
time-to-Market* Ericsson committed to the 50/50 joint venture and its new strategic
directionST-Ericsson - the 50/50 joint venture owned by Ericsson (NASDAQ: ERIC) and
STMicroelectronics (NYSE: STM) - announced today the guidelines of its new
strategic direction. ...
Invitation to Press and Analyst Conferences for Q1 2012 Report STOCKHOLM, SWEDEN -- (Marketwire) -- 04/18/12 --Ericsson's (NASDAQ: ERIC) financial report for the first quarter for 2012
will be
published at approximately 07.30 Central European Time (CET) on April 25,
2012.Ericsson will issue a press release that will include an attachment of the
complete interim report, including tables, in PDF format.The report will be available on Ericsson's website immediately after the
publication:The archive of past quarterly and annual financial reports will also be
up ...
SOFTBANK MOBILE signs LTE contract with Ericsson in Japan STOCKHOLM, SWEDEN -- (Marketwire) -- 04/17/12 --* Japan's SOFTBANK MOBILE selects Ericsson to build an LTE radio access
network that will serve Japan's major cities, home to more than half of
the
country's population* Ericsson will upgrade, expand and perform systems integration of
SOFTBANK
MOBILE's existing packet core network to Evolved Packet Core* This is Ericsson's largest LTE contract in Japan, supporting the latest
consumer electronics devicesVideo-sharing and streaming in ...
Ericsson to Provide Video Contribution and Distribution Systems for NBC Olympics' of the London Games STOCKHOLM, SWEDEN -- (Marketwire) -- 04/12/12 -- High efficiency MPEG-4 AVC compression
enables NBC to maximize content value from the London Olympics, July 27,
2012 - August 12, 2012Ericsson (NASDAQ: ERIC) will provide a range of video processing solutions
and
support services to NBC Olympics, a division of the NBC Sports Group,
during its
coverage of the 2012 London Olympic Games from London, England July 27 -
August
12, 2012. The announcement was made today by David Mazza, Senior Vice
Presid ...
Technology and Business Join Forces for Education at Boston University Competition Sponsored by Ericsson STOCKHOLM, SWEDEN -- (Marketwire) -- 04/03/12 --* 64 students from 16 schools in 24-hour, Boston University School of
Management's 2012 International Tech Strategy Business Case Competition* Students tackle how to bring business thinking to improve access to
education in a Networked Society* Top prize won for leading strategy aimed at creating value in a
Networked
Society through education and expertiseBoston University School of Management and Ericsson have announced that a
team
of ...
New Broadband Commission climate report confirms technology is the key to a low-carbon future STOCKHOLM, SWEDEN -- (Marketwire) -- 04/02/12 --Governments urged to harness the power of information and communication
technologies to dramatically cut emissionsBroadband can help transition the world towards a low
carbon-economy and address the causes and effects of climate change,
according
to a new report just released by the Broadband Commission for Digital
Development.The Broadband Bridge: Linking ICT with Climate Action is the result of work
conducted by the Broadband Commission Working G ...
Ericsson completes acquisition of BelAir Networks STOCKHOLM, SWEDEN -- (Marketwire) -- 04/02/12 --* Ericsson acquires 100% stake of BelAir Networks* BelAir Networks goes under Ericsson brand effective today* Ericsson committed to support BelAir Networks' customersEricsson (NASDAQ: ERIC) today announces the completion of its acquisition
of
BelAir Networks, a North American carrier-grade Wi-Fi company. This
acquisition
gives Ericsson a strong carrier-grade Wi-Fi portfolio, technological
expertise,
IPR, and established customer contracts and re ...
Ericsson's Annual General Meeting 2012 STOCKHOLM, SWEDEN -- (Marketwire) -- 03/23/12 --Telefonaktiebolaget LM Ericsson's Annual General Meeting of Shareholders
will be
held on Thursday, May 3, 2012 at 3.00 p.m. at Kistamässan, Arne
Beurlings Torg
5, Kista/Stockholm.The Nomination Committee proposes inter alia:The Board of Directors proposes inter alia:Welcome to Telefonaktiebolaget LM Ericsson's Annual General Meeting 2012Telefonaktiebolaget LM Ericsson's shareholders are invited to participate
in the
Annual General Meeting of S ...
SOFTBANK MOBILE deploys 900MHz Evolved HSPA network STOCKHOLM, SWEDEN -- (Marketwire) -- 03/22/12 --* Japan's SOFTBANK MOBILE selects Ericsson to deploy 900MHz Evolved HSPA
network* Enables broader network coverage and more enhanced mobile broadband
experience* The new network will feature Ericsson's multi-standard RBS 6000, which
is
capable of supporting WCDMA and LTESOFTBANK MOBILE, Japan's leading operator, has selected Ericsson (NASDAQ: ERIC)
to deploy an Evolved HSPA radio access network for recently allocated
spectrum
in the 900 ...
Ericsson increases ownership in LG-Ericsson STOCKHOLM, SWEDEN -- (Marketwire) -- 03/22/12 --* Increases ownership from 50% plus one share, to 75%* Ownership in LG-Ericsson has successfully established Ericsson in the
Korean
marketEricsson (NASDAQ: ERIC) today announced it has acquired additional shares
in LG-
Ericsson. Before the purchase, Ericsson held 50% of the shares plus one
share.
After the share purchase, Ericsson holds 75% of the shares in LG-Ericsson.LG-Ericsson is a joint venture between LG Electronics and Ericsson in which
Eric ...
Next step in 21st century education for students in Africa STOCKHOLM, SWEDEN -- (Marketwire) -- 03/19/12 --* Eight secondary schools have now received the PC as a Service solution* More than 500 multi-year scholarships are planned to be distributed in
2012* Some 5,000 African students and their teachers in four countries can
benefit
from connectivity to a 21(st) century educationEight secondary schools in Africa have now received the PC as a Service
solution, a cloud-computing solution that provides schools with a low-
maintenance, easy-to-use model tha ...
Ericsson's Annual Report for 2011 now published STOCKHOLM, SWEDEN -- (Marketwire) -- 03/15/12 -- Ericsson's (NASDAQ: ERIC) Annual Report
for 2011 is now available online at
.NOTES TO EDITORSOur multimedia content is available at the broadcast room:Ericsson is the world's leading provider of communications technology and
services. We are enabling the Networked Society with efficient real-time
solutions that allow us all to study, work and live our lives more freely,
in
sustainable societies around the world.Our offering comprises services, so ...
Announcing Rio+Social: Social Media & Technology to Take Historic UN Conference to a Global, Digital Level STOCKHOLM, SWEDEN -- (Marketwire) -- 03/14/12 --Hans Vestberg, Ted Turner, Pete Cashmore, Fabio Barbosa, and GroBrundtland
among
first speakers confirmedWashington, DC (March 14(th), 2012) - As the world's attention turns to
Rio+20,
the UN's Conference on Sustainable Development taking place this June in
Brazil,
the organizations that produce the acclaimed Social Good Summit each fall
in New
York, announced today an innovative partnershipand special event called
Rio+S ...
Ericsson to acquire Technicolor's broadcast services division STOCKHOLM, SWEDEN -- (Marketwire) -- 03/13/12 --Ericsson (NASDAQ: ERIC), the world leader in communication technologies and
services, today announced that it has submitted a binding offer to acquire
the
Broadcast Services Division of Technicolor, a worldwide technology leader
in the
media and entertainment sector, headquartered in France. The closing of the
acquisition is subject to relevant customary regulatory administrative
approvals
and consultations.The acquisition will bring approximately ...
3 Italia users to benefit from high-speed HSPA and LTE access STOCKHOLM, SWEDEN -- (Marketwire) -- 03/12/12 --* 3 Italia assigns Ericsson to transform and upgrade the existing 3G mobile
broadband access, core and transport network to 42Mbps HSPA and 100Mbps
LTE* Ericsson strengthens its position as managed services partner and main
infrastructure provider for 3 Italia* Network transformation and optimization will result in improved processes,
reduced costs and greater efficiency for the operatorTo better meet the mobile data traffic growth, Ita ...
Ericsson automates optimization of mobile networks STOCKHOLM, SWEDEN -- (Marketwire) -- 02/28/12 --* Launch of SON Optimization Manager, which automatically optimizes the
performance of mobile networks* Extends self-organizing network features developed for LTE to multi-
standard
and multi-vendor networks* Helps operators get the most out of their existing network assets as part
of
a future-proof hetnet strategyThe rapid uptake of smartphones and mobile broadband has dramatically
increased
people's access to information while on the ...
Ericsson automates optimization of mobile networks STOCKHOLM, SWEDEN -- (Marketwire) -- 02/28/12 --* Launch of SON Optimization Manager, which automatically optimizes the
performance of mobile networks* Extends self-organizing network features developed for LTE to multi-
standard
and multi-vendor networks* Helps operators get the most out of their existing network assets as part
of
a future-proof hetnet strategyThe rapid uptake of smartphones and mobile broadband has dramatically
increased
people's access to information while on the ...
India's Idea extends and expands managed services agreement with Ericsson STOCKHOLM, SWEDEN -- (Marketwire) -- 02/28/12 --* Three-year contract to manage 2G and 3G networks, as well as field
Operations* Ericsson becomes the largest managed services partner for Idea Cellular* From one circle (or telecom service areas) to five circlesIdea Cellular, the leading mobile services operator in India with 100 million
subscribers, has signed an agreement for Ericsson (NASDAQ: ERIC) to provide it
with managed services in five circles: Mumbai, Jammu & Kashmir, Himachal
Pr ...
Ericsson consolidates MobiFone's Network Operations Centers STOCKHOLM, SWEDEN -- (Marketwire) -- 02/28/12 --* MobiFone to implement a consolidated operations support systems (OSS)
solution for network monitoring and management* Ericsson will drive an OSS transformation program that will establish a
unified Network Management platform and consolidate MobiFone's six
Regional
Operation Centers in Vietnam into one Centralized Network Operations
Center* Some 30 million subscribers to benefit from an improved network that is
better equipped to ...
Ericsson to Upgrade and Expand CDMA Network for China Telecom STOCKHOLM, SWEDEN -- (Marketwire) -- 02/27/12 --* Breakthrough deal for Ericsson to upgrade China Telecom's packet data
serving node (PDSN), expand the CDMA packet core network and provide
related
services* Ericsson's first Smart Pipe solution customized for CDMA networks will
be
deployed by China Telecom* Ericsson's Smart Pipe solution will optimize the resource utilization
of
China Telecom's networks in Zhejiang and AnhuiEricsson (NASDAQ: ERIC) will upgrade China Telecom's pack ...
Ericsson and Polycom Announce Standards-Based, HD Visual Communications Solution STOCKHOLM, SWEDEN -- (Marketwire) -- 02/27/12 --* Will enable telecom operators to deliver Video-as-a-Service (VaaS)
offerings
to enterprises* Based on open video conferencing 3GPP standards, thereby ensuring
interoperability and affordability* Ericsson and Polycom will showcase the solution at Mobile World Congress
2012At this year's Mobile World Congress (MWC), Polycom Inc., the global leader in
standards-based unified communications (UC), and Ericsson (NASDAQ: ERIC), will
launch a ...
Ericsson & Western Union join forces to fast track mobile financial services STOCKHOLM, SWEDEN -- (Marketwire) -- 02/27/12 --· Ericsson & Western Union announce strategic alliance at
Mobile World
Congress 2012 in Barcelona, Spain.· First step is an integration of Western Union's Mobile Money
Transfer
Network and Ericsson suite of M-Commerce solutions to support mobile
network
operators further accelerate their launch of mobile financial services· Strategic alliance enables mobile network operators to
easily include
Western ...
Ericsson unveils new products, partnerships and increased market share at mwc 2012 STOCKHOLM, SWEDEN -- (Marketwire) -- 02/27/12 --· President and CEO Hans Vestberg talked about how technology
and
services leadership positions Ericsson at the forefront of industry
transformation· Product launches in mobile broadband and services portfolio· Guest speaker Diane Scott of Western Union joined Vestberg
to talk
about fast-tracking the next generation of m-commerce· Ericsson market share in the mobile equipment market grew
f ...
Ericsson Adds Pico Base Station With Integrated Wi-Fi Access to Its Hetnet Portfolio STOCKHOLM, SWEDEN -- (Marketwire) -- 02/27/12 --· Complements existing RBS 6000 portfolio with introduction
of small-
cell products, including multi-standard pico RBS with integrated Wi-Fi
access· Ericsson's complete portfolio of multi-standard RBS
products, from
pico to macro, can be deployed together in heterogeneous networks (hetnets)
for
increased network capacity· Ericsson's hetnet delivers the same services with half the
spectrum
and throughput ...
Ericsson & MTN collaborate on M-wallet services STOCKHOLM, SWEDEN -- (Marketwire) -- 02/27/12 --* Strategic m-commerce partnership announced at Mobile World Congress
2012 in Barcelona, Spain* The agreement sees early adopter MTN become the first operator to
deploy Ericsson Converged Wallet across its operations in Africa and
the Middle East* Partnership based on co-development and co-operation drives innovation
and change in mobile financial servicesEricsson (NASDAQ: ERIC) and MTN Group are establishing a strategic
partnership ...
Ericsson demonstrates Broadcast Video/TV over LTE STOCKHOLM, SWEDEN -- (Marketwire) -- 02/27/12 --· Ericsson will demonstrate evolved Broadcast over LTE
(Multimedia
Broadcast Multicast Services, eMBMS) at Mobile World Congress· eMBMS is an emerging technology for LTE that will allow
efficient
distribution of live and premium content to subscribers· eMBMS enables more efficient use of available spectrum and
mobile
networksEricsson (NASDAQ: ERIC), in collaboration with Qualcomm Incorporated, will
demon ...
Ericsson and Akamai accelerate Telkomsel's mobile content delivery STOCKHOLM, SWEDEN -- (Marketwire) -- 02/27/12 --* First time Mobile Cloud Accelerator has been run on a live operator's
network* Page load times can be reduced by as much as 70 percent.* Mobile Cloud Accelerator is run as a service, connecting potentially
thousands of content providers with hundreds of operators* Content providers have been involved in trials of Mobile Cloud
AcceleratorThe strategic alliance between Ericsson (NASDAQ: ERIC) and Akamai,
announced at
last year's Mobile World Congre ...
Telstra First to Deploy New IP Gateway to Boost Capacity STOCKHOLM, SWEDEN -- (Marketwire) -- 02/26/12 --* Telstra to be the world's first carrier to deploy Ericsson's new Evolved
Packet Gateway (EPG) on the Smart Services Router (SSR 8020) across
their
GSM, WCDMA and LTE networks* Evolved Packet Gateway on SSR 8020 will substantially improve network
efficiency and performance by boosting capacity across Telstra's mobile
networks* Smart functionality in the gateway supports all devices for best user
experienceEricsson (NASDAQ: ERIC ...
Keeping a Real-Time Eye on Service Quality STOCKHOLM, SWEDEN -- (Marketwire) -- 02/26/12 --* New methodology to assure end-user service quality in managed-services
partnerships, tailored to operator and end-user service-specific needs* Ericsson Managed End-user Service Assurance (MESA) offers in-depth
understanding of service quality across the network and IT environment* First demonstration to take place at Mobile World Congress 2012 in
BarcelonaIn a world of increasingly complex end-user services paired with rising
consumer
exp ...
Ericsson launches Data Center Build and Optimization offering STOCKHOLM, SWEDEN -- (Marketwire) -- 02/26/12 --* Ericsson enters the market for data centers, enables telecom operators
to
offer cloud services for their enterprise customers* Operators ideally positioned to offer high quality, high security and
high
availability cloud services to enterprises* With an optimized cloud strategy, a telco enterprise customer can lower
its
IT operating expenditureAs part of the recently announced Network-enabled Cloud concept, Ericsson
(NASDAQ: ERIC) is ...
Ericsson's new Gateway Lifts capacity boundaries STOCKHOLM, SWEDEN -- (Marketwire) -- 02/26/12 --* Ericsson Evolved Packet Gateway (EPG) application has higher capacity
than
any other mobile packet gateway on the market* Introduces network intelligence to effectively manage mobile data
traffic
growth, while allowing operators to offer diverse applications and
choice in
devices.* Combines the latest technology of the SSR 8020 platform with software
used
in the market-leading GGSN-MPG packet gatewayEricsson (NASDAQ: ERIC) is toda ...
Ericsson's Network-enabled Cloud meets needs of the Networked Society STOCKHOLM, SWEDEN -- (Marketwire) -- 02/26/12 --* Ericsson announces its Network-enabled Cloud concept, a business
platform
that enables operators to drive new revenues and evolve network
capabilities* The Network-Enabled Cloud builds on computing power in today's telecom
assets to both embed enhanced functionality and to expose network
capabilities for new service creation* Ericsson takes a 5C approach to the
Network-enabled Cloud: connect, control,
compute, create and customize ...
Ericsson boosts speed and capacity in 3 Italia's network STOCKHOLM, SWEDEN -- (Marketwire) -- 02/24/12 --* Ericsson completing massive upgrade of 3 Italia's mobile backhaul network
from Asynchronous Transfer Mode (ATM) to full-IP transport* The upgrade will increase the network's capacity and enable downlink
speeds
of up to 42Mbps* Upgrade to meet 3 Italia's customers' expectations for speed on all mobile
devicesEricsson (NASDAQ: ERIC) will soon complete an extensive upgrade of 3 Italia's
backhaul network. 3 Italia - a subsidiary of Hutchi ...
Ericsson at Mobile World Congress 2012 STOCKHOLM, SWEDEN -- (Marketwire) -- 02/23/12 --· Showcases latest developments in LTE and HSPA· Presents strengthened hetnet portfolio - the same services
with half
the spectrum and throughput gains of 2-10 times compared to using separate
vendors for the macro and the small cell layer· Launch of new services: Data Center Build and Optimization,
Smartphone Network Optimization and Managed End-user Service Assurance· OSS/BSS solutions ...
Flexible charging solution puts electric cars in the fast lane STOCKHOLM, SWEDEN -- (Marketwire) -- 02/23/12 --Through an innovative research project across several industries, Ericsson
(NASDAQ: ERIC) will bring mobile connectivity to electric cars and put
choice
and control over the charging schedule into the hands of drivers.The new architecture allows drivers to control charging of cars while they
are
plugged into any ordinary power outlet. Additionally, the system directs
energy
costs to the car owners' bill. The driver sets the time and amount to
char ...
Ericsson launches Telecom CRM STOCKHOLM, SWEDEN -- (Marketwire) -- 02/22/12 --* Ericsson Telecom CRM is an integrated billing and customer relationship
management product developed to meet the specific needs of the telecom
industry* Based on Microsoft Dynamics CRM 2011 and pre-integrated with Ericsson's
convergent billing solution* Helps operators meet the dual challenge of delivering a superior
customer
experience while driving efficiency and reducing operational expenditureThanks to mobile broadband, an ever-increasing num ...
Ericsson triples HSPA uplink capacity STOCKHOLM, SWEDEN -- (Marketwire) -- 02/22/12 --* Uplink speed increasingly important as social media services and cloud
solutions drive data upload stream* Unique combination of technologies triples HSPA uplink capacity,
greatly
improving user experience for content uploading* No need to upgrade cell phones or consumer devices. Achieved by
combining
Ericsson's leading commercial Interference Suppression software with
4-antenna radio base stationsEricsson (NASDAQ: ERIC) has develope ...
Ericsson to Acquire North American Carrier Grade Wi-Fi Company BelAir Networks STOCKHOLM, SWEDEN -- (Marketwire) -- 02/21/12 --* Acquisition of BelAir Networks will enable Ericsson to complement its
heterogeneous network (hetnet) offering with carrier grade Wi-Fi* Ericsson's hetnet with carrier grade Wi-Fi integrated into the networks
will
enable operators to further improve the mobile broadband user
experience* Ericsson to offer a leading carrier grade Wi-Fi solution in combination
with
its global presence of mobile solutions and service capabilitiesEricsson ( ...
Ericsson announces new m-commerce portfolio ahead of Mobile World Congress 2012 STOCKHOLM, SWEDEN -- (Marketwire) -- 02/21/12 --· Launch of new services within extended Ericsson M-commerce
portfolio
brings next generation m-commerce closer· Ericsson M-commerce portfolio designed to speed time to
revenue,
increase stickiness, cost efficiency and performance for Mobile Network
Operators and financial institutions· Ericsson first technology enabler to integrate a charging
system and
money services solution· Foundatio ...
Ericsson outlines strategy for its multimedia business STOCKHOLM, SWEDEN -- (Marketwire) -- 02/21/12 --* Focus on OSS/BSS, TV & Media and M-Commerce* Leading player in OSS/BSS market through the Telcordia acquisition with
key
position in service fulfillment, assurance, network optimization and real-
time charging* Renaming of Business Unit Multimedia to Business Unit Support SolutionsEricsson (NASDAQ: ERIC) today announced that it strengthens its multimedia
business with focus on Operations Support Systems/Business Support Systems
(OSS/B ...
Japan's eAccess to launch LTE network and expand partnership with Ericsson STOCKHOLM, SWEDEN -- (Marketwire) -- 02/16/12 --* eAccess mobile broadband subscribers to enjoy real-time web, online
gaming
and social media on the go thanks to LTE speeds and decreased latency* By implementing Ericsson's Mixed Mode solution, LTE can be offered on
the
same frequency band as 3G/WCDMA services* LTE allows the operator to transport an ever-increasing volume of data
traffic in an efficient and cost-effective way, without requiring any
additional hardwareWith the hel ...
Divestment of Sony Ericsson completed STOCKHOLM, SWEDEN -- (Marketwire) -- 02/15/12 --Ericsson (NASDAQ: ERIC) has today completed the divestment of its 50 percent
stake in Sony Ericsson Mobile Communications AB ("Sony Ericsson"),
including the
broad IP cross-licensing agreement, jointly announced by Sony Corporation
("Sony") and Ericsson on October 27, 2011. This makes Sony Ericsson a
wholly-owned subsidiary of Sony. The agreed cash consideration for the
transaction is
EUR 1.05 billion.Ericsson's gain on the tran ...
Bouygues Telecom selects Ericsson for trio of technologies STOCKHOLM, SWEDEN -- (Marketwire) -- 02/08/12 --Ericsson (NASDAQ: ERIC) has been selected by Bouygues Telecom to transform
its
existing second- and third-generation (2G and 3G) radio networks in order
to
improve network performance as data traffic increases and more people move
into
French cities.The contract also calls for rollout of a fourth-generation network, or
4G/LTE
(Long Term Evolution), combined with a comprehensive package of services
ranging
from design, integration, rollout, to custo ...
Swisscom and Ericsson machine-to-machine partners STOCKHOLM, SWEDEN -- (Marketwire) -- 02/03/12 --Switzerland's largest operator Swisscom and Ericsson (NASDAQ: ERIC) have
launched
a partnership to develop the M2M market. Swisscom will offer enterprises,
from
different industries both in Switzerland as well as Swisscom customers
abroad,
services to leverage efficiencies along their customers' value chain from
production to distribution. Swisscom's M2M offering is based on Ericsson's
market-proven Device Connection Platform, which allows for cost ...
Ericsson to upgrade mobile backhaul networks in Germany and Belgium STOCKHOLM, SWEDEN -- (Marketwire) -- 01/31/12 --* Upgrade of mobile backhaul for KPN International subsidiaries E-Plus Group
in Germany and KPN Group Belgium* Ericsson to install more than 15,000 MINI-LINKs before the end of 2013* Mobile backhaul increasingly important due to rapid increase in
consumption
of internet servicesKPN International's subsidiaries E-Plus Group in Germany and KPN Group Belgium
in Belgium have chosen Ericsson (NASDAQ: ERIC) to upgrade their mobile backhaul
in Ger ...
MetroPCS selects Ericsson as primary Microwave backhaul equipment provider STOCKHOLM, SWEDEN -- (Marketwire) -- 01/30/12 --* Ericsson primary supplier to deploy microwave backhaul equipment for
MetroPCS
* Microwave backhaul solution designed to assist MetroPCS in meeting
growing
customer demand for connectivity
* Services professionals to provide turnkey engineering, design,
deployment
and supportMetroPCS Communications, Inc., the fifth largest facilities-based broadband
mobile wireless carrier in the United States based on number of subscribers
served, ...
MTN extends managed services partnership with Ericsson STOCKHOLM, SWEDEN -- (Marketwire) -- 01/30/12 --MTN, a leading telecommunications company with a presence in 21 countries
in
Africa and the Middle East, today announced the extension of its managed
services agreement with Ericsson (NASDAQ: ERIC) for its Ghana operations.
With
49% market share, MTN is the premier operator in Ghana which is one of
Africa's
fastest growing markets. In 2011, it grew by around 18% in the country to
serve
over 10 million subscribers.This announcement marks the extensi ...
Malaysia's U Mobile transforms its business support systems STOCKHOLM, SWEDEN -- (Marketwire) -- 01/26/12 --U Mobile Sdn Bhd, a Malaysian telecom service provider, today announced
that it
has signed a five-year business support systems (BSS) transformation and
managed
services contract with Ericsson (NASDAQ: ERIC). Under the terms of the
agreement, U Mobile's complete BSS architecture will be transformed into a
real-time convergent environment.The five-year managed services contract will allow U Mobile to focus its
efforts
on product development and at t ...
Ericsson reports fourth quarter and full year STOCKHOLM, SWEDEN -- (Marketwire) -- 01/25/12 --"For the full year 2011, we had a strong sales growth and an increase in
net
income. In the fourth quarter, however, we saw weaker development in
Networks,
as well as an expected gross margin impact from a changed business mix with
more
coverage projects, modernization projects in Europe, and a higher services
share," says Hans Vestberg, President and CEO of Ericsson (NASDAQ: ERIC)."Group sales in the quarter were flat year-over-year ...
ST-Ericsson reports fourth quarter 2011 financial results GENEVA, SWITZERLAND -- (Marketwire) -- 01/23/12 --Geneva, Switzerland, January 23, 2012 - ST-Ericsson, a joint venture of
STMicroelectronics (NYSE: STM) and Ericsson (NASDAQ: ERIC), reported
financial
results for the fourth fiscal quarter ending December 31, 2011.Sales in the fourth quarter, excluding IP licensing to a third party, grew
1.3%
over prior quarter. The operating loss reported for the fourth quarter was
higher than the previous quarter.Didier Lamouche, President and CEO, commented: & ...
Ericsson and ZTE resolve patent license issues STOCKHOLM, SWEDEN -- (Marketwire) -- 01/20/12 -- Ericsson (NASDAQ: ERIC)* Ericsson and ZTE resolve patent license issues* Both parties drop all lawsuits* ZTE signs royalty-bearing license agreement to certain Ericsson patentsIn April 2011 Ericsson (NASDAQ: ERIC) filed lawsuits in Germany, UK and
Italy
against ZTE for infringing on several Ericsson patents related to GSM and
3G/UMTS cellular technologyThe parties have now signed a global cross-licensing agreement and both
parties
have also agree ...
Ericsson: Ericsson appoints Ulf Ewaldsson new CTO STOCKHOLM, SWEDEN -- (Marketwire) -- 01/20/12 --· Effective February 1, 2012· Member of Ericsson's Executive Leadership Team· Ewaldsson will continue R&D focus on wireless and IPUlf Ewaldsson is appointed Senior Vice President, Chief Technology Officer,
Head
of Group Function Technology & Portfolio Management at Ericsson (NASDAQ: ERIC),
effective from February 1. Ewaldsson brings to this position more than 20
years
of experience in product man ...
Sony Ericsson reports fourth quarter and full year 2011 results STOCKHOLM, SWEDEN -- (Marketwire) -- 01/19/12 --* Q4 loss reflects intense competition, price erosion and restructuring
Charges* 65% year-on-year increase in Android-based Xperia™ smartphone
quarterly sales* 28 million Xperia smartphones shipped to dateThe consolidated financial summary for Sony Ericsson Mobile Communications
AB
(Sony Ericsson) for the fourth quarter and full year ended December 31,
2011 is
as follows*:Bert Nordberg, President and CEO of Sony Ericsson commented: "Our fo ...
Loss in Sony Ericsson impacts Ericsson's fourth quarter results STOCKHOLM, SWEDEN -- (Marketwire) -- 01/19/12 --* Sony Ericsson reports Q4 loss of EUR 247 million before taxes,
reflecting
intense competition, price erosion and restructuring charges* Results impacted by unfavorable macro economic conditions and effects
from
the flooding in Thailand* Ericsson's share in Sony Ericsson's income before taxes amounts to SEK
-1.1
b. in the quarterSony Ericsson, the joint venture in which Ericsson (NASDAQ: ERIC) has 50% of
the
shares and is accounted for ...
Ericsson strengthens focus on IPR licensing STOCKHOLM, SWEDEN -- (Marketwire) -- 01/12/12 --* Ericsson's Chief Intellectual Property Officer, Kasim Alfalahi, will
report
directly to President and CEO Hans Vestberg* Monetizing its entire patent portfolio and building on its technology
leadership and R&D investments, as stated at the Capital Markets Day on
November 9, 2011* Any company using cellular connectivity needs a license to Ericsson's
industry leading patent portfolio comprising 27,000 patentsEricsson (NASDAQ: ER ...
Ericsson closes Telcordia acquisition STOCKHOLM, SWEDEN -- (Marketwire) -- 01/12/12 --* Consolidates position as a leading player in operations support
systems/business support systems (OSS/BSS) market with key position in
service fulfilment, assurance, network optimization and real-time
charging* Accretive to Ericsson earnings per share within 12 monthsEricsson (NASDAQ: ERIC) has today completed the acquisition of Telcordia, a
global leader in the development of mobile, broadband and enterprise
communications software and s ...
Ericsson presents game changers at Consumer Electronics Show STOCKHOLM, SWEDEN -- (Marketwire) -- 01/11/12 --* Connectivity increases relevance, says Ericsson CEO Hans Vestberg* First keynote for Ericsson at world's foremost consumer electronics trade
fair* Announced industry-changing deal with the world's largest shipping line* Collaboration with MIT to look at how network traffic portrays human
connectionsDoing business in the Networked Society requires opportunity and
creativity, and
Ericsson's (NASDAQ: ERIC) President and CEO Hans Vestberg offered new ...
Maersk Line and Ericsson bring mobile connectivity to the oceans STOCKHOLM, SWEDEN -- (Marketwire) -- 01/11/12 --The oceans are the last "white spot" for mobile communication industry to
connect. The world's largest shipping company, Maersk Line, has appointed
Ericsson (NASDAQ: ERIC) to address this by introducing end-to-end systems
integration and deployment of mobile and satellite communication to its
entire
vessel fleet.The Maersk Line fleet comprises more than 500 container vessels. Over the
next
two years, Maersk Line will outfit 400 of these v ...
Live online learning from Coventry University with Ericsson solution STOCKHOLM, SWEDEN -- (Marketwire) -- 01/09/12 --A collaboration between Coventry University and Ericsson (NASDAQ: ERIC) is
set to
bring learning to the mobile age. Ericsson will make it possible for
teachers to
give live lessons to up to a half-million students online. From their
smartphones, students can listen and interact with the lecturer and tutors
who
are also online.This is a cloud service that is based on IMS architecture: IP Multimedia
Subsystem, an industry standard for multimedia com ...
Ericsson ConsumerLab research reveals teenagers' communication STOCKHOLM, SWEDEN -- (Marketwire) -- 01/05/12 --* A teenage relationship begins with a changed Facebook status
* Texting on the phone is great, but nothing beats meeting face-to-face
* Same needs but different social tools
How do teenagers prefer to communicate and socialize with each other? At
Ericsson (NASDAQ: ERIC), we think their behavior has important implications
for
the future of devices and technology.Between June and November 2011, Ericsson ConsumerLab carried out research
into
what ...
Ericsson at the 2012 International CES STOCKHOLM, SWEDEN -- (Marketwire) -- 01/03/12 --Connected devices in an all-communicating world will take to the stage at
the
world's largest gathering of consumer electronics enthusiasts and
businesspeople
in Las Vegas, when Ericsson (NASDAQ: ERIC) President and CEO Hans Vestberg
delivers a keynote address to the Consumer Electronics Show (CES).In addition, Ericsson will present the Entertainment Matters program
Entertainment Everywhere, The Reinvention of an Industry at CES, inviting
headliner ...
Swisscom users to benefit from LTE and mobile-network modernization STOCKHOLM, SWEDEN -- (Marketwire) -- 12/21/11 --Swiss consumers are enjoying data-rich services like never before. With
mobile-
data usage expected to double during the year, Swisscom has entered into a
five-
year contract with Ericsson (NASDAQ: ERIC) for mobile-network modernization
and
upgrade to LTE. The deal will ensure that Swisscom can continue to offer
its
users the best possible network in the most efficient way.Ericsson will modernize 6,000 mobile sites with its RBS 6000 multi-standard
...
Ericsson announces change in Executive Leadership Team STOCKHOLM, SWEDEN -- (Marketwire) -- 12/14/11 --* Cesare Avenia, Chief Brand Officer steps down, effective December 21, 2011
and leaves Ericsson's Executive Leadership Team* Avenia has been key to implementing Ericsson's brand platform and will
continue to support this work as Senior Advisor to Group Functions
Communications and
Sales and Marketing* No replacement as Chief Brand Officer will be recruitedEricsson (NASDAQ: ERIC) today announced that Cesare Avenia will step down fro ...
Ericsson CTO takes on new role STOCKHOLM, SWEDEN -- (Marketwire) -- 12/12/11 --* Håkan Eriksson takes on new role as Head of Ericsson in Australia,
New
Zealand and Fiji, effective February 1, 2012* Håkan Eriksson has been key in the company's work to establish
market
leadership in 3G and 4G/LTE* New CTO will be announced separatelyEricsson (NASDAQ: ERIC) today announced that Håkan Eriksson, Senior
Vice
President, Chief Technology Officer, Head of Group Function Technology &
Portfolio Management a ...
Bharti Airtel expands managed services partnership with Ericsson STOCKHOLM, SWEDEN -- (Marketwire) -- 11/28/11 --BhartiAirtel, ("Airtel") a leading global telecommunications company with
operations in 19 countries across Asia and Africa today expanded its
managed
services agreement with Ericsson (NASDAQ: ERIC) for its India operations.
Under
this new five-year multi-vendor, multi technology managed services
agreement
Ericsson will operate, maintain and provide services across 70 percent of
BhartiAirtel's network in India.In addition to the standard ...
Ericsson index ranks ICT-savvy cities by benefit for citizens STOCKHOLM, SWEDEN -- (Marketwire) -- 11/23/11 --• Ericsson and Arthur D. Little's latest Networked Society City Index
ranks cities in terms of their ability to use ICT to benefit their citizens• Top-ranking cities Seoul, Singapore and Stockholm show the benefits
of engaging a society as a whole• London, New York, Paris, Los Angeles, Tokyo, Shanghai and Beijing
complete the top 10• ICT-based applications such as e-government and smart transport can
improve citizens' lives, helping to overcome ...
NEST forum unites aspirations for education and connectivity STOCKHOLM, SWEDEN -- (Marketwire) -- 11/13/11 --* Access to broadband can bring learning to more people* Broadband enables new ways of teaching and learning* Collaboration essential across public and private sectorsThe Networked Society Forum, NEST, hosted by Ericsson (NASDAQ: ERIC), has
wrapped up in Hong Kong, having sparked new inspiration among
representatives
from the public and private sectors to lift education on the global agenda.NEST forum participants prioritized target areas for furth ...
Ericsson: Leaders to discuss how ICT can shape future education at NEST STOCKHOLM, SWEDEN -- (Marketwire) -- 11/11/11 --* The first NEST - The Networked Society Forum - initiated and hosted by
Ericsson, takes place in Hong Kong from November 11-13* Leaders and authorities from the ICT industry and governments will gather
to
discuss how ICT can accelerate education and learning for everyone,
everywhere* Discussions at the forum will focus on Access for all; Redefining
education;
and Bridging the education gap* Hosted by Ericsson's President and CEO Ha ...
Ericsson predicts Mobile Data Traffic to grow 10-fold by 2016 STOCKHOLM, SWEDEN -- (Marketwire) -- 11/07/11 --* New report from Ericsson says mobile data traffic will grow 10-fold
between
2011 and 2016, mainly driven by video* Mobile broadband subscriptions grew by 60 percent in one year and are
expected to grow from 900 million in 2011 to almost 5 billion in 2016* By 2016, users living on less than 1 percent of the Earth's total land
area
are set to generate around 60 percent of mobile trafficIn its new Traffic and Market Data report, which pr ...
Magnus Mandersson appointed Executive Vice President of Ericsson STOCKHOLM, SWEDEN -- (Marketwire) -- 10/28/11 --Ericsson's (NASDAQ: ERIC) Board of Directors has appointed Magnus Mandersson
Executive Vice President as of November 1, 2011. Mandersson is currently
Senior
Vice President and Head of Business Unit Global Services, a position he
will
remain in.Magnus Mandersson joined Ericsson in 2004 to run Ericsson's Managed
Services
business globally and is now head of Ericsson's overall services offering
around
the world.Hans Vestberg, President and CEO, says; ...
Ericsson: Sony to acquire Ericsson's share of Sony Ericsson STOCKHOLM, SWEDEN -- (Marketwire) -- 10/27/11 --Ericsson (NASDAQ: ERIC) and Sony Corporation ("Sony") today announced that
Sony
will acquire Ericsson's 50 percent stake in Sony Ericsson Mobile
Communications
AB ("Sony Ericsson"), making the mobile handset business a wholly-owned
subsidiary of Sony.The transaction gives Sony an opportunity to rapidly integrate smartphones
into
its broad array of network-connected consumer electronics devices -
including
tablets, televisions an ...
Ericsson and Open Mobile sign Latin America's first 4G/LTE contract STOCKHOLM, SWEDEN -- (Marketwire) -- 10/25/11 --* People in Puerto Rico will be able to enjoy a superior experience in
data
applications, including internet surfing, online gaming, social media
and
video conferencing
* Deal includes Managed Services and a complete LTE radio solution with
Evolved Packet Core (EPC), Mobile Backhaul supporting Multi-Protocol
Label
Switching (MPLS)
* LTE offers a great user experience enabling all types of latency-
sensitive
and bandwidth-dem ...
mcel upgrades mobile broadband network with Ericsson STOCKHOLM, SWEDEN -- (Marketwire) -- 10/25/11 --* Solution for 3G coverage extension and capacity upgrade in Mozambique* Enabling consistent delivery of rich, high-speed mobile communications
to
Subscribers* Core network upgraded with leading Ericsson Mobile Softswitch SolutionEricsson (NASDAQ: ERIC) has been chosen as preferred supplier by leading
Mozambican operator mcel to upgrade and expand its existing 3G radio
network in
Maputo, Mozambique's capital city, using the latest Ericsson tech ...
Ericsson reports third quarter results STOCKHOLM, SWEDEN -- (Marketwire) -- 10/20/11 --"Group sales in the quarter increased by 17% year-over-year driven by a
continued strong demand for mobile broadband as well as increased services
revenues," says Hans Vestberg, President and CEO of Ericsson (NASDAQ: ERIC).
"Sales for comparable units, adjusted for currency and hedging, increased
24%
year-over-year. Our performance year-to-date reaffirms our indications of a
strengthened global market share. A higher proportion of co ...
ST-Ericsson reports third quarter 2011 financial results STOCKHOLM, SWEDEN -- (Marketwire) -- 10/19/11 --* Net sales $412 million, including IP licensing to a third party
* Adjusted operating loss(1)) $194 million
* Revenue from new products passed the 50 percent thresholdGeneva, Switzerland, October 19, 2011 - ST-Ericsson, a joint
venture of
STMicroelectronics (NYSE: STM) and Ericsson (NASDAQ: ERIC), reported
financial
results for the third fiscal quarter ending October 1, 2011."Sales in the third quarter came in slightly ahea ...
Sony Ericsson reports third quarter 2011 results STOCKHOLM, SWEDEN -- (Marketwire) -- 10/14/11 --Highlights:* Income before taxes was Euro 31 million* 33 percent increase in sales quarter-on-quarter* Smartphones account for more than 80 percent of total salesThe consolidated financial summary for Sony Ericsson Mobile Communications AB
(Sony Ericsson) for the third quarter ended September 30, 2011 is as follows:Bert Nordberg, President and CEO of Sony Ericsson commented, "We delivered a
solid 73 million Euro improvement in income before ta ...
Augere awards India's first 4G/TD-LTE contract to Ericsson STOCKHOLM, SWEDEN -- (Marketwire) -- 10/11/11 --Consumers in India are one step closer to experiencing the fourth
generation of
mobile telecommunications through TD-LTE technology. Augere, a pioneer of
4G
wireless broadband with 4G licenses covering more than 500 million people
in
emerging markets in South Asia and Africa has selected Ericsson's
(NASDAQ: ERIC) latest-generation radio base station, the RBS6000;
state-of-the-art Evolved Packet Core technology and microwave transmission.
This will ...
SOFTBANK MOBILE selects Ericsson to build their next generation packet core STOCKHOLM, SWEDEN -- (Marketwire) -- 09/29/11 --SOFTBANK MOBILE Corp. - the fastest-growing operator in Japan - will
prepare for
an expected increase in traffic by implementing Ericsson's (NASDAQ: ERIC)
Evolved Packet Core (EPC) solution. When the EPC, which supports the next
generation of mobile broadband services, goes online,SOFTBANK MOBILE's more
than
26 million subscribers will enjoy faster communication and an enhanced user
experience. By implementing the solution SOFTBANK MOBILE will bene ...
Network integrated Wi-Fi solution by Ericsson STOCKHOLM, SWEDEN -- (Marketwire) -- 09/27/11 --* Provides secure, carrier-grade connection of smartphones to WiFi hotspots
Seamlessly* Improves indoor coverage and increases mobile broadband capacity* New business opportunity for mobile operator and hot-spot providerThe need for high-speed and secure mobile broadband services is continuously
increasing and quality of service in high-traffic areas varies. Operators can
greatly improve the mobile broadband experience for smartphone and tablet ...
Ericsson: New study quantifies the impact of broadband speed on GDP STOCKHOLM, SWEDEN -- (Marketwire) -- 09/27/11 --· Doubling the broadband speed for an economy increases GDP by
0.3%.· Research conducted by Ericsson, Arthur D. Little and Chalmers
University of Technology confirms that increased broadband speed contributes
significantly to economic growth· Positive effects come from automated and simplified processes,
increased productivity as well as better access to basic services such as
education and healthA new r ...
Telstra goes live with world's first combined core network for 2G/3G/4G STOCKHOLM, SWEDEN -- (Marketwire) -- 09/27/11 --* Telstra's triple-access Evolved Packet Core now in commercial service* Allows for smooth introduction of new IP-based services and seamless
handover of 2G, 3G and 4G traffic* Consumers benefit from improved mobile broadband servicesEricsson (NASDAQ: ERIC) and Telstra have together created a world first by
enabling Telstra to operate a combined core network for its 2G, 3G and 4G
traffic.Ericsson's Evolved Packet Core (EPC) enables the mobile b ...
Connect To Learn marks one year of progress STOCKHOLM, SWEDEN -- (Marketwire) -- 09/20/11 --One year after its official launch, Connect To Learn announces milestones
in
technology deployments and partnerships for bringing a 21stcentury
education to
students in Africa, South America and in the Caribbean.In connection with telecommunication operator Bharti Airtel, some 5,000
students
now have access to quality education in three countries in sub-Saharan
Africa:
Ghana, Tanzania and Kenya.Connect to Learn today announced that wireless operato ...
Ericsson, Mashable and UN Foundation partner for Social Good Summit STOCKHOLM, SWEDEN -- (Marketwire) -- 09/15/11 --* Exploring new ways that Ericsson's Technology for Good can change the
world
* Ericsson CEO Hans Vestberg to speak on how ICT can improve education in
21(st) century
* Ericsson is exclusive sponsor of Mashable Social Good Summit
(#socialgood)To increase awareness of how Technology for Good is changing the world,
Ericsson
(NASDAQ: ERIC) is the exclusive sponsor of the second annual Social Good
Summit
in New York City, presented by Mashable, ...
Mobile Broadband in Windows 8 Simplified by Ericsson and Microsoft STOCKHOLM, SWEDEN -- (Marketwire) -- 09/13/11 --* New protocol led by Ericsson with Microsoft simplifies adoption of
mobile
broadband for notebooks and tablets on Windows 8
* Consumer expectations of always-on connectivity more easily met
* New generation of mobile broadband modules from Ericsson support this
protocol in Windows 8A protocol proposed by Ericsson (NASDAQ: ERIC) makes it easier for
manufacturers
to bring mobile broadband to people buying notebooks and tablets. The
colla ...
LIME partners with Ericsson for mobile network modernization STOCKHOLM, SWEDEN -- (Marketwire) -- 09/12/11 --· Users in 12 Caribbean territories will benefit from state-
of-the-art
technology and improved services, with particular benefits for smartphone
users· The new mobile broadband network includes RBS 6000 base
stations, an
energy-efficient compact site solution that supports multiple cellular
network
standardsLIME, the Caribbean arm of the Cable & Wireless Communications (CWC) group,
has
announced that it will moder ...
Ericsson: World's biggest IPTV upgrade due for Taiwan's Chunghwa Telecom STOCKHOLM, SWEDEN -- (Marketwire) -- 09/08/11 --* More than 900,000 users to get multi-screen, interactive multimedia
services* Ericsson to handle design, systems integration and deployment of
operator's
next-generation IPTV platform and provide end-to-end multi-screen
solution* Ericsson Media Connect (IPTV Remote) included in the contractChunghwa Telecom, Taiwan's largest telecom operator, has chosen Ericsson
(NASDAQ: ERIC) to deploy and integrate a new IPTV platform that will
deliver
multi ...
Ericsson Response partners with SingTel Group for disaster communications STOCKHOLM, SWEDEN -- (Marketwire) -- 09/02/11 --· First operator partnership for Ericsson Response· SingTel to provide satellite services for emergency
communication· SingTel's regional associates - Airtel, AIS, Globe,
Telkomsel and
Warid - to provide local resources to assist in disaster relief effortsEricsson (NASDAQ: ERIC) and Singapore Telecommunications Limited (SingTel)
today
announced a partnership to provide emergency communications services ...
Ericsson presents TV & Video Consumer Trend Report 2011 STOCKHOLM, SWEDEN -- (Marketwire) -- 09/02/11 --* Internet-based on-demand viewing continues to grow* Social media usage is impacting the way people watch TV* High willingness to pay for fresh contentEricsson (NASDAQ: ERIC) ConsumerLab has released the results of its annual
study
"TV & Video Consumer Trend Report 2011," showing that people are spending
slightly less time watching scheduled broadcast TV, and that they are
spending
more time watching streamed on-demand TV online. Mo ...
Ericsson introduces SSR 8000 family of Smart Services Routers STOCKHOLM, SWEDEN -- (Marketwire) -- 08/31/11 --* Smart Services Routers (SSR) support delivery of services across fixed
and
mobile networks; enable faster introduction of new services to
consumers
* Features unparalleled scaling of signaling and data capacity combined
with
leading density
* Superior system-wide quality of service enforcement enables operators
to
offer differentiated services to consumersEricsson (NASDAQ: ERIC) today announces the market introduction of its SSR
8 ...
Ericsson expands Managed Services capabilities in China STOCKHOLM, SWEDEN -- (Marketwire) -- 08/30/11 --· Opening of a new global network operations center (GNOC) in
China· Strengthening Ericsson's footprint in China, realizing
synergies
between services and technology R&DAs a direct result of the continued increased demand for managed services
globally and in China, Ericsson adds capacity and capability to its managed
service delivery and announces the opening of a new global network
operations
center (GNOC) in Chin ...
Ericsson closes acquisition of M2M technology platform from Telenor Connexion STOCKHOLM, SWEDEN -- (Marketwire) -- 08/24/11 --* Acquired assets from Telenor Connexion strengthens Ericsson's M2M
communication offering* Ericsson's Device Connection Platform allows operators to offer M2M
connectivity beyond smartphones and laptops* Cloud-based and offered as a service to minimize entry barriers* Telenor Connexion becomes the first customer to Ericsson on the platformEricsson (NASDAQ: ERIC) has today completed the asset purchase agreement to
acquire Telenor Connexion's M2M (m ...
EastLink Selects Ericsson to build Mobile Broadband Network STOCKHOLM, SWEDEN -- (Marketwire) -- 08/17/11 --* EastLink to provide Canadians with latest mobile broadband services in
2012
* Ericsson sole supplier of HSPA radio access networks and Evolved Packet
Core
(EPC)
* Ericsson further expands its global HSPA leadershipEricsson (NASDAQ: ERIC) announced today that it has signed a four-year
agreement
as the sole vendor for EastLink's core and radio access networks, using
HSPA+
and next generation technologies. Ericsson will deploy its multi-stan ...
Boost of Ericsson's global ICT capabilities in India STOCKHOLM, SWEDEN -- (Marketwire) -- 08/11/11 --· Rising demand for ICT services, driven by broadband,
mobility and
cloud· Increased focus on remote delivery of both IT and telecom
services,
for the benefit of customers. About 40 percent of all service deliveries
can now
be made remotely· Over 5,000 service professionals in Indian Global Service
Centre and
growing fastWhen the IT and telecom industries are intermingling, opportunities arise
for
operat ...
Ericsson: 29 million in Vietnam to enjoy high-quality video on their mobiles STOCKHOLM, SWEDEN -- (Marketwire) -- 08/04/11 --· Mobifone signs contract with Ericsson for mobile video
optimization· 29 million Mobifone subscribers to gain improved real-time
viewing
experience on their mobiles· Mobifone, one of the first operators worldwide to obtain the
most
advanced and efficient mobile video technology availableMobifone, one of Vietnam's leading mobile operators with 32 percent of the
country's mobile communications market, has ...
SSTL expands scope of network managed services with Ericsson STOCKHOLM, SWEDEN -- (Marketwire) -- 08/01/11 --Sistema Shyam Teleservices Ltd. (SSTL), which nationally operates telecom
services under the MTS brand with over 12 million wireless subscribers,
today
extended its current managed services contract with Ericsson (NASDAQ: ERIC)
in
India. The extension adds four new circles of CDMA wireless networks and a
new
three-year contract including the management of fiber transport and
wireline
networks in Rajasthan.Under the three-year agreement, Ericsson wi ...
Bharti Airtel signs five year managed services agreement with Ericsson for its Africa operations STOCKHOLM, SWEDEN -- (Marketwire) -- 07/21/11 --* Ericsson to modernize and upgrade Airtel's networks in Africa* Ericsson to provide Airtel customers the latest mobile technology that
enables the provision of mobile broadband services and applicationsBharti Airtel, ("Airtel") a leading global telecommunications company with
operations in 19 countries across Asia and Africa today announced a five
year managed services agreement with Ericsson (NASDAQ: ERIC) for its Africa
operations. As ...
Ericsson reports second quarter results STOCKHOLM, SWEDEN -- (Marketwire) -- 07/21/11 --"Group sales in the quarter increased by 14% year-over-year driven by a
continued strong demand for mobile broadband. Sales were negatively
impacted by
the strong SEK and sales for comparable units, adjusted for currency and
hedging, increased 27% year-over-year. The strong growth we have seen in
the
past quarters continued also this quarter," says Hans Vestberg, President
and
CEO of Ericsson (NASDAQ: ERIC). "Operating income, exclud ...
ST-Ericsson reports second quarter 2011 financial results STOCKHOLM, SWEDEN -- (Marketwire) -- 07/20/11 --Geneva, Switzerland, July 20, 2011 - ST-Ericsson, a joint venture of
STMicroelectronics (NYSE: STM) and Ericsson (NASDAQ: ERIC), reported
financial
results for the second fiscal quarter ending July 2, 2011."The lower second quarter revenue was substantially in line with our
expectations," said Gilles Delfassy, president and CEO of ST-Ericsson. "In
the
quarter we saw legacy product sales decline again sequentially contributing
to a
wi ...
Ericsson expands managed services partnership with Telefonica in Brazil STOCKHOLM, SWEDEN -- (Marketwire) -- 07/19/11 --* Ericsson will provide a range of field operations services, supervising
and
maintaining Telefónica's fixed network* Services will cover Telefónica's subscribers within the following
areas in
São Paulo city: Campo Limpo, Campo Belo, Jabaquara,
Consolação and Ipiranga* Managed services will be provided in a multi-vendor environmentTelefónica Brazil has chosen Ericsson (NASDAQ: ERIC) to provide
mana ...
Sony Ericsson reports second quarter 2011 results STOCKHOLM, SWEDEN -- (Marketwire) -- 07/15/11 --Highlights:* Supply chain constraints from the Japan earthquake significantly impact
Q2 results* Smartphones account for more than 70 percent of total sales* Android-based Xperia™ volume up 150 percent year-on-yearThe consolidated financial summary for Sony Ericsson Mobile Communications
AB
(Sony Ericsson) for the second quarter ended June 30, 2011 is as follows:Bert Nordberg, President and CEO of Sony Ericsson commented, "Sony
Ericsson's
...
World's first 4G/LTE network goes live today in Stockholm · World's first and largest commercial 4G service launched by
TeliaSonera and Ericsson in Stockholm
· Commercial launch ahead of original plan, largest
deployment to date
· Speeds make it possible to send and receive HD video
TeliaSonera's mobile broadband commercial network in Stockholm is now
the fastest and largest in the world. Carl-Henric Svanberg, President
and CEO of Ericsson (NASDAQ:ERIC) is excited about this historical
moment. "The new ...
New managed services deal for Romanian network * Romania's largest wireline operator Romtelecom outsources
field operations activities
* Five-year managed services contract to boost efficiency, save
costs
* About 400 staff to join Ericsson from January 4, 2010
Romtelecom will be able to focus on providing new and innovative
services to its subscribers as a result of a five-year managed
services agreement with Ericsson (NASDAQ:ERIC). The Romanian operator
is handing over responsibility for part of its field operations
act ...
Corporate Affairs and Communications in North America strengthened
with appointment of IR-head * Gary Pinkham appointed head of Corporate Affairs and
Communications in North America
* Pinkham is presently head of global Investor and Analyst
Relations
The appointment of Pinkham follows Ericsson's significantly
strengthened position in the North American market. The Nortel
acquisition, along with important breakthrough contract wins for
Ericsson in North America and the recently announced relocation of
Ericsson's Chief Technology Officer Håkan Eriksson from Stoc ...
Mobile broadband to enhance economic and social development in the
Amazon * Isolated and deprived communities to get access to
internet for the first time
* M-health and m-education to 175 villages
* Connectivity to generate economic opportunity
More than 30,000 people in 175 Amazon villages will get access to
e-health and e-education services through mobile broadband. Ericsson
(NASDAQ:ERIC) and Vivo are part of a group that will bring mobile
broadband connectivity to the Amazonian state of Pará in Brazil.
With more than ...
ST-Ericsson aims at improved financial performance, competitive cost
structure and accelerated portf Geneva, Switzerland, December 3, 2009 - ST-Ericsson today announced
its proposed plan to further improve financial performance and
increase its competitiveness in the market. This plan follows the
reorganization announcement made in July this year.
The company is now targeting additional annualized savings of $115
million. These savings are expected to come from reductions in
operating expenses and spending, along with an extensive R&D
efficiency program. As part of this effort, the company ...
Ericsson to supply convergent charging and billing solution to
Libya's Al-Madar Ericsson (NASDAQ: ERIC) is to provide Al-Madar Al-Jadid, Libya's
leading mobile operator with a convergent charging and billing
solution that will enable its mobile subscribers to enjoy benefits
such as flexible tariffs and full control of costs, bonuses and
rewards. Ericsson will also supply related systems integration
services.
Abdulkhalek Ashuor, General Manager of Al-Madar Al-Jadid, says:
"We've worked with Ericsson since 1995 and we trust that their
competence in the revenue-managemen ...
Central Europeans get mobile broadband boost * Telekom Austria Group gears up for the next generation of
mobile services
* 18,5 million users in eight countries to get higher speed
and improved services
* Microwave solution increases capacity and reduces costs
Mobile phone subscribers are doing an increasing amount with their
handsets, and Telekom Austria Group is expecting a significant
increase in capacity demands; data traffic in Austria alone has
increased fivefold over the past two years. To meet these ...
Ericsson to acquire Nortel's North American GSM business Ericsson (NASDAQ:ERIC) was today selected as successful bidder to
acquire certain assets of the Carrier Networks division of Nortel
relating to Nortel's GSM business in the US and Canada. The purchase
is structured as an asset sale at a cash purchase price of USD 70
million on a cash and debt free basis, subject to adjustments. This
announcement follows the completion of the auction process initiated
by Nortel, and the transaction is subject to approval by courts in
the US and Canada and customa ...
After success in Korea and Japan, Ericsson withdraws its complaint
with the European Commission Ericsson (NASDAQ:ERIC) has withdrawn its complaint to the European
Commission regarding Qualcomm's WCDMA (3G) licensing activities. The
company will, however, continue its ongoing dialogue with competition
authorities around the world in relation to Qualcomm's licensing
practices. Ericsson's goal remains the same: To ensure a robust,
enforceable and fair IPR regime for standards, particularly those
relating to 3G and 4G wireless technologies.
In October 2005, Ericsson, Nokia, Broadcom, Panaso ...
Shortcut to mobile broadband * New solution brings 3G performance to GSM networks
* Maximizes current investments, smoothes out 3G coverage
* Enables mobile broadband for 4 billion GSM users
In countries with limited access to fixed networks, where demand for
broadband is strong and the mobile phone is the most affordable way
to access the internet, Ericsson's (NASDAQ:ERIC) EDGE Evolution
presents subscribers with a great opportunity. This shortcut to
mobile broadband adds 3G capabilities to GSM networks, signi ...
Ericsson to operate TV4 Group's playout services Swedish broadcaster TV4 Group has selected Ericsson (NASDAQ:ERIC) to
operate its nationwide playout services as part of a ten-year
contract. In addition, Ericsson and TV4 Group will establish a joint
technology and business development forum.
TV4 Group has chosen Ericsson to run the day-to-day transmission of
its TV channels for delivery to service providers. This will improve
efficiency and enable TV4 to focus on its core business.
"Through this contract between TV4 Group and Ericsson, we ...
Ericsson strengthens global position with completion of Nortel
acquisition in North America Ericsson (NASDAQ: ERIC) today completed its acquisition of
substantially all of Nortel's CDMA business and LTE assets in North
America. With this acquisition, Ericsson enhances its leading global
telecommunications equipment supplier position and will further its
quest to bring high-speed data connectivity to people on the move.
The Nortel acquisition, on the heels of important breakthrough
contract wins for Ericsson in North America, positions Ericsson as
the leading provider of telecommunica ...
New position in Ericsson Group Management Team to drive
implementation of new brand strategy Ericsson's (NASDAQ:ERIC) in-coming President and CEO Hans Vestberg
has appointed Cesare Avenia to a new position in the group management
team where Avenia will be responsible for driving the implementation
of Ericsson's new brand strategy. Cesare Avenia is presently head of
market unit South East Europe and will take on his new position as
Chief Brand Officer November 9, 2009.
Ericsson is the undisputed leading supplier in the telecom industry
and has strengthened its position significantly in ...
Ericsson's CTO to spearhead rapidly growing IP business Ericsson's (NASDAQ:ERIC) in-coming President and CEO has appointed
its CTO Håkan Eriksson to head Ericsson in Silicon Valley, the center
of the company's important IP business. Håkan Eriksson will lead the
work to further enhance Ericsson's global position when fixed, mobile
and internet converge.
Over the past few years Ericsson has further strengthened its
position in IP and broadband by acquiring leading IP companies,
headquartered in Silicon Valley. Håkan Eriksson will suc ...
World's largest open university goes mobile * Learning on the mobile for approximately 2.5 million
students
* E-learning reaches rural India
* Students from 34 countries benefit through partnerships
The classroom of the future is moving to mobile phones, and reaching
farther into India thanks to a new partnership between Ericsson
(NASDAQ: ERIC) and IGNOU (The Indira Gandhi National Open
University). Ericsson will build a 3G environment for students to
download IGNOU course contents. They can also get SMS alerts ...
Ericsson wins managed services deal with du in United Arab Emirates Ericsson (NASDAQ:ERIC) and United Arab Emirates-based operator du,
have signed a three-year managed services agreement which will enable
du to continue develop operational efficiency of nationwide GSM/WCDMA
network operations.
The partnership provides du with a long-term sustainable operating
model, reducing its operational expenses and enabling the operator to
focus further on providing attractive new services to its
subscribers. The network operations agreement also guarantees the
performance ...
Ericsson to provide 29 million Indonesian subscribers with location
based services Indosat, Indonesia's second-largest telecom operator, is bringing
advanced location based services to its 29 million subscribers using
Ericsson's (NASDAQ:ERIC) technology. Subscribers will get location
tailored content, enabling real-time traffic information, seeing
where a family member is or receiving public safety information.
Indonesia is the fourth most populous country in the world, with over
230 million people. The current total mobile subscriptions are at
about 120 million, just above 5 ...
Johan Wibergh appointed Executive Vice President of Ericsson as of
January 1, 2010 Ericsson's (NASDAQ:ERIC) Board of Directors have appointed Johan
Wibergh Executive Vice President as of January 1, 2010. Johan
Wibergh is currently head of business unit Networks and Senior Vice
President and will remain in his position as business unit head.
Johan Wibergh joined Ericsson in 1996 and has held various managerial
positions in Ericsson. Prior to being appointed Senior Vice
President and head of business unit Networks on July 1, 2008, Wibergh
was President of Ericsson Brazil.
Wib ...
Jan Frykhammar appointed CFO of Ericsson as of November 1, 2009 Ericsson's (NASDAQ:ERIC) in-coming CEO Hans Vestberg has appointed
Jan Frykhammar CFO of November 1, 2009. Frykhammar will also become
Executive Vice President as of January 1, 2010. Jan Frykhammar is
currently head of business unit Global Services and Senior Vice
President.
Jan Frykhammar joined Ericsson in 1991 after he had earned a Bachelor
of Business Administration and a degree in Economics at the
University of Uppsala, Sweden. He has held various managerial
positions in Ericsson as well ...
ERICSSON REPORTS THIRD QUARTER RESULTS * Sales SEK 46.4 (49.2) b, down 4% for comparable units, down 12%
currency adjusted
* Operating income 1) before JVs SEK 5.5 (5.6) b
* Operating margin 1) before JVs 11.7% (11.5%)
* Share in earnings from JVs 1) SEK -1.5 (0.0) b
* Income after financial items 1) SEK 4.0 (6.2) b
* Restructuring charges of SEK 2.7 (1.9) b, excl JV
* Net income SEK 0.8 (2.9) b
* Earnings per share SEK 0.25 (0.89)
* Cash flow 2) SEK 6.9 (2.7) b
1) Excluding restructuring charges
2) Exc ...
ST-Ericsson reports third quarter 2009 financial results * Net sales $728 million; 9% sequential increase
* Adjusted operating loss[1] $77 million; results improved compared
to prior quarter
* Integrated product strategy endorsed by customers
Geneva, Switzerland, October 20, 2009 - ST-Ericsson, a joint venture
of STMicroelectronics (NYSE:STM) and Ericsson (NASDAQ:ERIC), reports
financial results for the third quarter 2009.
President and CEO, Alain Dutheil, commented: "During the third
quarter sales were up 9%.
Our focus on tight cost co ...
50 million go mobile on Chinese social network Ericsson (NASDAQ:ERIC) and Kaixin001, the largest and fastest-growing
social networking site in China, are joining forces with a three-year
partnership to develop innovative mobile applications that will help
millions of users access the site wherever and whenever they want.
Launched in March 2008, Kaixin001 already has more than 50 million
subscribers in China and among Chinese speakers across the world, and
is attracting about 200,000 new registrations a day.
With subscribers now mainly ...
Sony Ericsson reports third quarter results Q3 highlights:
* Decline in global handset market slowing down
* Positive trend from continuing transformation programme
* External financing arranged
* Refreshed brand in time for Aino(TM) and Satio(TM) launch in Q4
The consolidated financial summary for Sony Ericsson Mobile
Communications AB (Sony Ericsson) for the third quarter ended
September 30, 2009 is as follows:
Q3 2008 Q2 2009 Q3 2009
Number of units shipped (million) ...
Ericsson CEO advocates technology-driven climate agenda at UN
Leadership Forum on Climate Change Carl-Henric Svanberg, president and CEO of Ericsson (NASDAQ:ERIC),
yesterday stressed the critical role Information and Communication
Technology (ICT) plays in achieving a balanced and effective global
climate change treaty at the annual UN Leadership Forum on Climate
Change in New York.
Addressing the UN Secretary General, heads of state and business
leaders, Svanberg outlined contributions the ICT sector can make in
creating a low-carbon 21st-century infrastructure and encouraged
leaders to b ...
Ericsson's new module connects consumer electronics Ericsson (NASDAQ:ERIC) today unveiled its new mobile broadband module
specifically designed to bring high-speed wireless connections to a
new generation of consumer electronic devices. As demand increases
for the freedom and mobility which embedded broadband enables,
Ericsson's new consumer electronics (CE) module signifies a great
leap towards an all-communicating world.
Intended for immediate implementation in e-book readers, GPS
navigators, and other popular portable consumer electronics, th ...
Ericsson delivers advanced interactive TV services to Sweden's Com
Hem Ericsson (NASDAQ:ERIC) is enabling Sweden's largest cable television
operator, Com Hem, to deliver new advanced entertainment services to
its consumers via an interactive TV platform. The new on-demand
services will mean viewers can catch up on their favorite TV programs
anytime.
The on-demand TV platform supports a wide range of advanced services,
such as video-on-demand, catch-up and start-over TV programs and
music on-demand, and also includes a flexible interactive portal for
Com Hem's new ...
Ericsson calls on delegates to raise ICT to top of agenda at UN
Climate Conference in Copenhagen Ericsson (NASDAQ:ERIC) today said that the Information and
Communication Technology (ICT) sector is crucial to creating a
low-carbon 21st century infrastructure. Using today's communications
infrastructure in a smart way can maintain economic development while
dramatically reducing emissions.
Giving a keynote address at the Broadband World Forum in Paris today,
Ericsson CFO and incoming CEO Hans Vestberg said: "For too long the
need for CO2 reductions has been seen as a trade off between e ...
AT&T names Ericsson as key supplier for future Wireline Business Ericsson (NASDAQ:ERIC) today announced it has been selected as one of
two suppliers for AT&T's Wireline Access products and services. The
deal is a breakthrough win for Ericsson's wireline business in North
America. Ericsson will be eligible to provide full system solutions
within AT&T's wireline access network, significantly accelerating
AT&T's ability to bring new broadband-based products and services to
market.
AT&T's strategy is to shorten technology introduction cycles,
i ...
ST-Ericsson Board of Directors appoints wireless expert Gilles
Delfassy as President and CEO Alain Dutheil to join the ST-Ericsson's Board and resume role as
STMicroelectronics' Chief Operating Officer after transition
Geneva, Switzerland, September 2, 2009 - ST-Ericsson, a joint venture
of STMicroelectronics (NYSE:STM) and Ericsson (NASDAQ:ERIC), today
announced the appointment of Gilles Delfassy as President and CEO of
ST-Ericsson. Alain Dutheil, who has successfully led the company
during the crucial period of formation and integration, will work
with Delfassy over the coming m ...
Ericsson's Bert Nordberg appointed President of Sony Ericsson Ericsson's Bert Nordberg appointed President of Sony Ericsson
Ericsson's (NASDAQ:ERIC) Executive Vice President Bert Nordberg has
been appointed President of Sony Ericsson as of October 15, 2009. He
joins Sony Ericsson on September 1, 2009, to take on the position as
Co-President.
Bert Nordberg is presently also head of Ericsson Silicon Valley. He
will leave his positions in Ericsson when he joins Sony Ericsson
September 1, 2009.
Sir Howard Stringer, Chairman, CEO and President of Sony Corpor ...
Douglas L. Gilstrap appointed Head of Ericsson Strategy Douglas L. Gilstrap has been appointed Senior Vice President and Head
of Group Function Strategy at Ericsson (NASDAQ: ERIC), effective as
of October 1, 2009. Gilstrap brings to Ericsson more than 15 years
experience in the global telecommunications and IT industry.
"Together with its customers, Ericsson is the main driving force in
an industry that is shaping almost every aspect of our lives." says
Gilstrap. "As a professional with many years in the industry, it is
great to join ...
Zain, Ericsson and GSMA Continue Efforts to Save Lives by Launching
Safety and Security Initiative A Pan-Africa mobile operator Zain, and Ericsson, in an initiative
coordinated by the GSM Association, continue their efforts to save
lives and bring development across the Lake Victoria region, by
extending the mobile network coverage of the three East African
States and launching a safety and security initiative. The coverage
will comprise the area of the lake where 80 percent of fishing
activities take place, allowing communication and SMS exchange to and
from phones. This enhancement will fuel ...
Ericsson to acquire majority of Nortel's North American wireless
business Ericsson (NASDAQ:ERIC) has today entered into an asset purchase
agreement to acquire the parts of the Carrier Networks division of
Nortel relating to CDMA and LTE technology in North America. The
purchase is structured as an asset sale at a cash purchase price of
USD 1.13 b. on a cash and debt free basis. This announcement follows
the completion of the auction process initiated by Nortel, and the
transaction is subject to court and customary regulatory approvals.
Ericsson acquires an installed ...
Ericsson reports second quarter results * Sales SEK 52.1 (48.5) b, up 11% in comparable units, down 3%
currency adjusted
* Operating income 1) before JVs SEK 6.9 (4.7) b, incl capital gains
of SEK 0.8 (0.2) b
* Operating margin 1) before JVs 11.7% (9.3%), excl capital gains
* Share in earnings from JVs SEK -2.1 (0.1) b
* Income after financial items1) SEK 4.8 (4.7) b
* Restructuring charges of SEK 3.6 (1.8) b, excl JV
* Net income SEK 0.8 (2.0) b
* Earnings per share SEK 0.26 (0.60)
* Cash flow 2) SEK 9.9 (8.7) b
1) Excluding r ...
ST-Ericsson reports second quarter 2009 financial results * Net sales $666 million; 18.5% sequential increase
* Adjusted operating loss[1] $165 million
* Strong momentum in China with leading customers
* New organization announced to accelerate execution of new product
strategy
Geneva, Switzerland, July 23, 2009 - ST-Ericsson, a joint venture of
STMicroelectronics (NYSE:STM) and Ericsson (NASDAQ:ERIC), reported
financial results for the second quarter 2009.
President and CEO, Alain Dutheil, commented: "During the second
quarter our sa ...
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