Aduna now a 50:50 joint venture: 50 percent owned by Ericsson and 50 percent owned by twelve communications service providers (CSPs)Aduna has been operational since its formation announcement on September 11, 2024Aduna ecosystem comprises CSP, major developer platform companies, global system integrators (GSI), communication platform as a service (CPaaS) companies, and independent software vendor (ISV) partnersSTOCKHOLM, July 29, 2025 /PRNewswire/ -- Today, Ericsson (NASDAQ:ERIC) announces the completion of the equity investments by twelve global communication service providers (CSPs) into its subsidiary Aduna, formally establishing Aduna as a 50:50 joint venture. Aduna was created to combin

More than half of all service providers globally who offer fixed wireless access now do so with speed-based monetization benefits enhanced by 5G5G subscriptions to top 2.9 billion globally by the end of 20255G networks forecast to handle 80 percent of global mobile traffic by the end of 2030STOCKHOLM, June 24, 2025 /PRNewswire/ -- Fixed Wireless Access (FWA) continues to grow in appeal to communications service providers (CSPs) around the world, with the ability to offer speed-based tariff plans - enhanced by 5G capabilities - proving particularly attractive, the June 2025 Ericsson (NASDAQ:ERIC) Mobility Report shows. While about 80 percent of the global CSPs sampled by Ericsson currently o

Seasoned Transformation and Tech leader tapped to accelerate profitable growth and business innovation in network-powered digital solutions HOLMDEL, N.J., April 29, 2025 /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 Christophe Van de Weyer as President and Head of Business Unit API, effective immediately. Van de Weyer will report to Niklas Heuveldop, Vonage Chief Executive Officer and Head of Business Area Global Communications Platform for Ericsson.

Effective as of February 10, 2025Becomes member of Ericsson's Executive Team, reporting to the CEOSTOCKHOLM, Feb. 5, 2025 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) today announces the appointment of Charlotte Levert as its new Chief People Officer, Senior Vice President, and Head of Group Function People. Charlotte Levert who is currently Vice President and Head of People Business Area Cloud and Software Services will replace MajBritt Arfert, whose departure Ericsson announced in October 2024. Charlotte Levert will take up her new position on February 10 and will be based in Sweden. Charlotte Levert has held executive positions within Ericsson across several business areas. She has most recent

The recently-launched venture between some of the world's largest telecom operators and Ericsson (NASDAQ:ERIC) announces the appointment of Anthony Bartolo as its Chief Executive Officer and the name of the new company - Aduna.STOCKHOLM, Jan. 8, 2025 /PRNewswire/ -- Today, the new venture dedicated to accelerating the global adoption and innovation of common network Application Programming Interfaces (APIs) announces Anthony Bartolo as its CEO. In parallel, the new venture also unveiled its company name – Aduna – derived from the Latin word for many entities uniting as one. Bartolo is a veteran tech executive with more than 30 years of experience scaling global businesses, driving new comme

Global mobile network data traffic projected to grow almost 200 percent between 2024 and the end of 20306.3 billion global 5G subscriptions forecast by the end of 2030 - of which 60 percent are expected to be 5G SAReport includes case studies from T-Mobile (U.S.A.), Elisa (Finland), and stc (KSA)STOCKHOLM, Nov. 26, 2024 /PRNewswire/ -- 5G Standalone (5G SA) and 5G Advanced are expected to be key focuses for communications service providers (CSPs) for the remainder of the decade as they deploy new capabilities to create offerings centered on value delivery rather than data volume. The analysis is included among a wealth of statistical network insights in the November 2024 edition of the Erics

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

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

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

STOCKHOLM, March 25, 2025 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) (the "Company") held its Annual General Meeting ("AGM") today on March 25, 2025 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 Company as well as the Consolidated Income Statement and the Consolidated Balance Sheet for the Group for 2024. Dividend The proposed dividend of SEK 2.85 per share was approved by the AGM. The dividend will be paid in two installments: SEK 1.43 per share with the record date Thursday, M

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