U.S.-based Research by Vonage explores consumer sentiment around AI for customer support, highlighting perceived benefits and lingering concerns HOLMDEL, N.J., Nov. 21, 2024 /PRNewswire/ -- Improved efficiency and personalized support experiences are driving increased consumer acceptance and satisfaction of AI in customer service interactions, according to a new regional survey by Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC). These findings demonstrate consumers have grown except

High-performing programmable networks empower communications service providers (CSPs) to steer network behavior, aligning it with diverse business goals for optimal outcomesSeven new 5G Advanced software products for high-performing programmable networks will substantially increase revenue, elevate user experience, and improve operational efficiency5G Advanced strengthens radio access network (RAN) software portfolio with transformative technologies such as AI-powered RAN, intent-driven networks and Service-aware RANSTOCKHOLM, Oct. 31, 2024 /PRNewswire/ -- After building out 5G networks, communications service providers (CSPs) are ready to further harness the benefits of this technology. Tod

STOCKHOLM, Oct. 29, 2024 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) today announces that MajBritt Arfert, the Company's Chief People Officer, will step down at the end of May, 2025.  Mrs. Arfert has been with Ericsson for over 38 years and has been a member of its Executive Team the since autumn of 2016. A recruitment process will be initiated to appoint a successor. Börje Ekholm, President and CEO, comments: "MajBritt has been a valued member of the Executive Team for almost eight years and has been instrumental to where we are today as a company. We have come to an agreement that this is a good time for a change, as we are entering the next chapter of Ericsson's strategy. With her dedicated l

STOCKHOLM, Oct. 29, 2024 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) and MasOrange, Spain's largest communications service provider (CSP) by customer base, are embarking on a major five-year Open RAN-ready future-network partnership that will put the Spanish operator at the forefront of Europe's open and programmable networks. Under the deal, Ericsson will integrate Orange Spain's and MASMOVIL's existing networks. This will include supporting the consolidated MasOrange network through high-performing and sustainable network solutions designed for an increasingly open architecture. This approach enables greater flexibility, scalability, and innovation in network operations and service delivery. S

HOLMDEL, N.J., Oct. 17, 2024 /PRNewswire/ -- Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), has launched Vonage Contact Center (VCC) Intelligent Workspace, an AI-powered new agent experience built directly into its award-winning contact center solution. VCC Intelligent Workspace offers an integrated solution that is fully extensible for businesses of all sizes.VCC Intelligent Workspace is designed to enable seamless communication with customers over their channels of choice, witho

Cloud communications leader with 30 years of experience driving operational excellence and scaling global businesses HOLMDEL, N.J., Oct. 16, 2024 /PRNewswire/ -- Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), today announced it has appointed Anthony Bartolo as Chief Operating Officer, effective immediately. Bartolo will report to Niklas Heuveldop, Vonage Chief Executive Officer and Head of Business Area Global Communications Platform for Ericsson. In this role, Bartolo will lead t

New communications application includes multi-channel capabilities, real-time monitoring and data loss prevention to help enterprises in India enhance their stakeholder communications GURUGRAM, India, Oct. 16, 2024 /PRNewswire/ -- Airtel Business, the B2B arm of Bharti Airtel  ̶  one of India's leading telecommunications service providers  ̶  and Vonage, a global leader in cloud communications that helps businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), have partnered to launch Airtel IQ Business Connect  ̶  a device-agnostic, unified business communications application that will help enterprises in India to simplify their customer engagement.

Report to be released at approximately 7:00 AM CEST on October 15, 2024One live video webcast for analysts, investors, and journalists at 9:00 AM CESTSTOCKHOLM, Oct. 1, 2024 /PRNewswire/ -- Ericsson's (NASDAQ:ERIC) financial report for the third quarter 2024 will be published at approximately 7:00 AM CEST on October 15, 2024. The company will issue a press release with the complete financial report attached, including tables, in PDF format. Following publication of the press release, the financial report will be available on Ericsson's website: www.ericsson.com/en/investors/financial-reports/interim-reports President and CEO Börje Ekholm and CFO Lars Sandström will comment on the report and

49% of Businesses Show Poor Collaboration Experiences Negatively Impacted Customer Experience Business leaders share insight into what they need to better communicate and collaborate internally and externally HOLMDEL, N.J., Sept. 24, 2024 /PRNewswire/ -- In a study conducted by Forrester Consulting on behalf of Vonage, new insights have emerged demonstrating the significant effects of inadequate internal collaboration on organizational performance. The data reveals that businesses plagued by siloed departments and ineffective communication suffer substantial declines in both productivity and profitability. Consequently, businesses are searching for integrated communications solutions for mo

STOCKHOLM, Sept. 20, 2024 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) today announces that Carolina Dybeck Happe has decided to resign from its Board of Directors. Dybeck Happe has served on Ericsson's Board since 2022. The announcement follows the September 12 appointment of Dybeck Happe to the position of Executive Vice President and Chief Operations Officer with Microsoft. Jan Carlson, Chair of the Board of Directors, says: "I'd like to thank Carolina for her service on our Board and for her contributions and commitment to Ericsson. Her expertise and insights are greatly appreciated and respected and I wish her all the best in her new role."  Börje Ekholm, President and CEO of Ericsson, says:

6-K - ERICSSON LM TELEPHONE CO (0000717826) (Filer)

6-K - ERICSSON LM TELEPHONE CO (0000717826) (Filer)

6-K - ERICSSON LM TELEPHONE CO (0000717826) (Filer)

6-K - ERICSSON LM TELEPHONE CO (0000717826) (Filer)

6-K - ERICSSON LM TELEPHONE CO (0000717826) (Filer)

6-K - ERICSSON LM TELEPHONE CO (0000717826) (Filer)

6-K - ERICSSON LM TELEPHONE CO (0000717826) (Filer)

11-K - ERICSSON LM TELEPHONE CO (0000717826) (Filer)

6-K - ERICSSON LM TELEPHONE CO (0000717826) (Filer)

6-K - ERICSSON LM TELEPHONE CO (0000717826) (Filer)

SC 13D - ERICSSON LM TELEPHONE CO (0000717826) (Subject)

SC 13G - ERICSSON LM TELEPHONE CO (0000717826) (Subject)

Cloud communications leader with 30 years of experience driving operational excellence and scaling global businesses HOLMDEL, N.J., Oct. 16, 2024 /PRNewswire/ -- Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), today announced it has appointed Anthony Bartolo as Chief Operating Officer, effective immediately. Bartolo will report to Niklas Heuveldop, Vonage Chief Executive Officer and Head of Business Area Global Communications Platform for Ericsson. In this role, Bartolo will lead t

STOCKHOLM, Sept. 20, 2024 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) today announces that Carolina Dybeck Happe has decided to resign from its Board of Directors. Dybeck Happe has served on Ericsson's Board since 2022. The announcement follows the September 12 appointment of Dybeck Happe to the position of Executive Vice President and Chief Operations Officer with Microsoft. Jan Carlson, Chair of the Board of Directors, says: "I'd like to thank Carolina for her service on our Board and for her contributions and commitment to Ericsson. Her expertise and insights are greatly appreciated and respected and I wish her all the best in her new role."  Börje Ekholm, President and CEO of Ericsson, says:

One of the first contact center providers to join Salesforce pilot program as a premier provider for Service Cloud Voice, now with the ultimate omnichannel solution HOLMDEL, N.J., Sept. 18, 2024 /PRNewswire/ -- Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), is one of the first contact center providers to join Salesforce's Bring Your Own Channel for Contact Center as a Service (BYOC for CCaaS) pilot program. With BYOC for CCaaS, Vonage Premier for Salesforce Service Cloud Voice customers will have the ability to integrate Vonage omnichannel and AI-powered capabilities into their existing contact

Demonstrates KED's strategic focus on telecommunications software and data services WICHITA, Kan., Aug. 16, 2024 /PRNewswire/ -- Koch Equity Development LLC ("KED"), the principal investment and acquisition arm of Koch, Inc., today announced an agreement to acquire iconectiv, LLC, a telecommunications solutions leader, from Ericsson (NASDAQ:ERIC), the global supplier of mobile communication and connectivity solutions for service providers and enterprises, and affiliates of Francisco Partners, a leading technology investment firm.   Under the agreement, iconectiv will become a

Effective as of August, 1, 2024Becomes member of Ericsson's Executive Team, reporting to the CEOSTOCKHOLM, July 2, 2024 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) today announces the appointment of Patrick Johansson as its new Head of Market Area Middle East & Africa (MMEA) and Senior Vice President. Mr. Johansson who is currently Head of Business Control & Operations at Ericsson's Business Area Cloud Software & Services, will replace Fadi Pharaon whose decision to leave Ericsson was announced in May 2024. Mr. Johansson will take up his new position on August 1, 2024, and be based in Riyadh, Saudi Arabia. Patrick Johansson's background spans across multiple Business Areas and Market Areas havin

Global 5G leader to join Environment and Climate Change Canada's (ECCC) Net-Zero Challenge program aimed at reducing GHG emissions in cooperation with private sector companies.TORONTO, April 22, 2024  /CNW/ --Ericsson Canada (NASDAQ:ERIC) is proud to celebrate Earth Day today by announcing that it has joined Environment and Climate Change Canada's Net-Zero Challenge program. The Net-Zero Challenge is an initiative that aims to encourage businesses operating in Canada to develop and implement credible and effective plans to transition their facilities and operations to net-zero emissions by 2050. "As part of our commitment to advancing our climate action initiatives here in Canada and aroun

Effective as of May 1, 2024Becomes member of Ericsson's Executive Team, reporting to the CEOSTOCKHOLM, March 20, 2024 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) today announces the appointment of Andres Vicente as its new Head of Market Area South East Asia, Oceania & India and Senior Vice President. Mr. Vicente who is currently Head of Ericsson's Customer Unit Iberia within Market Area Europe & Latin America, will replace Nunzio Mirtillo whose retirement was announced in October 2023. Mr. Vicente will take up his new position on May 1, 2024, and will be based in Singapore. Andres Vicente has extensive experience from the telecommunications industry and joined Ericsson in 2021. He has previousl

New entity named Ericsson Federal Technologies Group (EFTG) dedicated to accelerating digital modernization across multiple U.S. Government, state and federal agencies           Ericsson meets U.S. Government requirements for 5G networks, including support for open interfaces and equipment Made in the USA*  Newly appointed Chief Executive Officer, Christopher Ling, has extensive experience in growing federal and commercial businesses in advanced technologiesSTOCKHOLM, March 19, 2024 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) today established Ericsson Federal Technologies Group (EFTG), a new entity dedicated to delivering 5G-driven digital transformation across multiple agencies in the U.S. fede

Becky Rohr, currently Head of Corporate & Government Investigations, will become the new Chief Compliance OfficerJan Sprafke will leave Ericsson to pursue other opportunitiesSTOCKHOLM, March 5, 2024 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) today announces that Rebecca (Becky) Rohr, currently Head of Corporate and Government Investigations, will become Chief Compliance Officer and will oversee the Compliance team as well as the Investigations office, bringing both functions under a single leader. Ms. Rohr has been with Ericsson since 2022 and she has been a key leader in driving the cultural transformation of the organization. She will continue to report to Scott Dresser, Group Chief Legal Offi

Vonage will collaborate with Telkomsel to expand the power of network APIs for developers, enterprises, and Communications Service Providers (CSPs). This collaboration is formalized with the signing of a Strategic Partnership Agreement (SPA), coinciding with Mobile World Congress (MWC) 2024 in Barcelona, Spain. By combining Telkomsel's leading network and API capabilities with Vonage's communications and network APIs, developers are enabled to build advanced, secure, and reliable applications, while driving the acceleration of an open innovation ecosystem through the delivery of new services and solutions.HOLMDEL, N.J., March 5, 2024 /PRNewswire/ -- Vonage, a global leader in cloud communica

UBS downgraded Ericsson from Neutral to Sell

Barclays downgraded Ericsson from Equal Weight to Underweight

Jefferies upgraded Ericsson from Hold to Buy

JP Morgan downgraded Ericsson from Overweight to Neutral and set a new price target of $5.90 from $7.80 previously

Raymond James downgraded Ericsson from Outperform to Mkt Perform

Goldman downgraded Ericsson from Neutral to Sell and set a new price target of $4.90 from $6.60 previously

Exane BNP Paribas downgraded Ericsson from Outperform to Neutral

Morgan Stanley initiated coverage of Ericsson with a rating of Equal-Weight

Goldman downgraded Ericsson from Buy to Neutral and set a new price target of $6.10 from $10.80 previously

Barclays initiated coverage of Ericsson with a rating of Overweight

Non-cash impairment of SEK 11.4 billion to be recorded in the second quarter 2024, relating to the impairment of intangibles mainly attributed to the Vonage acquisitionReflects lower anticipated market growth in some of Vonage's current portfolioThe Ericsson strategy to build a new source of monetization for the telecom industry remains. Vonage is positioned at the center of digitalizing enterprises and society through the development of the Global Network Platform for network APIs; 12 partnerships with leading service providers have already been announced, with Singtel and Telstra added in Q2STOCKHOLM, July 3, 2024 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) today announces that, in accordance w

STOCKHOLM, April 3, 2024 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ:ERIC) Annual General Meeting (AGM) was held today on April 3, 2024 in Kista, Stockholm. Shareholders were also able to exercise their voting rights by post before the meeting. Adoption of the Income Statements and the Balance Sheets The AGM resolved to adopt the Income Statement and the Balance Sheet for the Parent company as well as the Consolidated Income Statement and the Consolidated Balance Sheet for the Group for 2023. Dividend The proposed dividend of SEK 2.70 per share was approved by the AGM. The dividend will be paid in two equal installments: SEK 1.35 per share with the record date Friday, April 5,

STOCKHOLM, Jan. 23, 2024 /PRNewswire/ -- Fourth quarter highlights – Solid EBITA and cash flow in a challenged market  Sales declined organically[1] by -17% YoY, driven by a -23% decline in Networks. Reported sales were down by -16% to SEK 71.9 b.  Gross income excluding restructuring charges decreased to SEK 29.6 (35.7) b. Gross margin excluding restructuring charges was 41.1% (41.5%). Adjusted for the retroactive element in IPR revenues in Q4 2022 the gross margin increased YoY.  Reported gross income was SEK 28.6 (35.6) b. with a gross margin of 39.8% (41.4%).   EBITA excluding restructuring charges amounted to SEK 8.2 (9.3) b. with an EBITA margin of 11.4% (10.8%).   EBIT excluding rest

Non-cash impairment of SEK 32 billion in the third quarter 2023, relating to the impairment of goodwill attributed to the Vonage acquisition.Vonage remains critical to the enterprise strategy and Ericsson's positive outlook on the potential of the Global Network Platform remains unchanged.Ericsson also announces highlights from the Q3 results with a group EBITA margin excluding restructuring charges of 7.3% which is in line with previous guidance.STOCKHOLM, Oct. 11, 2023 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) today announced that, in accordance with IFRS accounting requirements, it will record a non-cash impairment charge of SEK 32 billion in the third quarter of 2023. The impairment charge

BOISE, Idaho, April 04, 2023 (GLOBE NEWSWIRE) -- Cradlepoint, part of Ericsson (NASDAQ:ERIC), announced today that it has acquired Ericom Software and their advanced enterprise cloud security platform to solidify Cradlepoint's SASE and zero trust offerings for hybrid 5G and wireline environments. The Ericom acquisition is a key part of Cradlepoint's strategy of building a full-stack enterprise security service optimized for 5G. Ericom's zero trust and cloud-based security solutions will form the basis of the new Cradlepoint NetCloud Threat Defense cloud service, expanding the company's mobile-capable and router-integrated SASE and zero trust portfolio of solutions for fixed-site, remote w

STOCKHOLM, March 29, 2023 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ:ERIC) Annual General Meeting (AGM) was held today on March 29, 2023 in Kista, Stockholm. Shareholders were also able to exercise their voting rights by post before the meeting. Adoption of the Profit and Loss Statements and the Balance Sheets The AGM resolved to adopt the Profit and Loss Statement and the Balance Sheet for the Parent company as well as the Consolidated Profit and Loss Statement and the Consolidated Balance Sheet for the Group for 2022. Dividend The proposed dividend of SEK 2.70 per share was approved by the AGM. The dividend will be paid in two equal installments: SEK 1.35 per share with the

STOCKHOLM, Jan. 20, 2023 /PRNewswire/ --  Fourth quarter highlights The quarter was impacted by an IPR agreement resulting in total IPR revenues of SEK 6.0 (2.4) b. and previously announced charges of SEK -4.0 b., including DOJ provision, IoT divestment and Cloud Software and Services contract and portfolio exits.Group organic sales[1] grew by 1% YoY., of which IPR revenues contributed with 5 percentage points. Reported sales were SEK 86.0 (71.3) b. of which Vonage contributed SEK 4.1 b. Gross income increased to SEK 35.6 (30.8) b., while gross margin decreased to 41.4% (43.2%) primarily due to business mix change in Networks and previously announced charges for contract exits and portfolio

Committed to reaching lower end of long-term target of 15-18% EBITA margin and generating Free Cash Flow before M&A of 9%-12% of sales by 2024  Acceleration of initiatives to reduce costs by SEK 9 b. (around USD 0.9 b) by end of 2023In addition to the recently signed agreement, IPR revenues expected to grow significantly from further licensing agreementsCommitted to executing on Enterprise strategy and transitioning into a platform company with significantly expanded total addressable marketSegment Networks expected to continue to grow market share and gross income by leveraging technology leadershipSegment Cloud Software & Services accelerating its turnaround with target to reach break-even

STOCKHOLM, Oct. 25, 2022 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) has the pleasure of inviting investors, financial analysts and media representatives to its Capital Markets Day on December 15, 2022. The Capital Markets Day will be held as a physical event in New York and the presentations will also be broadcast live with the opportunity to join Q&A sessions through conference call. The event will feature President and CEO Börje Ekholm together with CFO Carl Mellander, as well as other members of the Executive Management Team. Agenda in short:          ·     8:00 AM EST: Registration and breakfast           ·     9:00 AM to 3:00 PM EST: Presentations and Q&A          ·     3:00 PM EST: Holiday

Ericsson has published restated segment financials for 2020 full year, 2021 by quarter and 2022 Q1 and Q2 following the changed reporting structure as of Q3 2022Conference call with CFO Carl Mellander for financial analysts, investors and journalists at 3:00 PM CEST, September 20, 2022STOCKHOLM, Sept. 20, 2022 /PRNewswire/ -- As announced in May 2022, Ericsson (NASDAQ:ERIC) will start to report financials according to its new segment structure as of the third quarter 2022. To facilitate year-on-year comparisons, Ericsson today publishes the restated segment financials for 2020 full year; 2021 by quarter and 2022 Q1 and Q2. The four reported segments are: Networks – including Radio Access Net