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Telefonaktiebolaget LM Ericsson (ERICa.ST)

ERICa.ST on Stockholm Stock Exchange

48.95SEK
18 Aug 2017
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-0.46kr (-0.93%)
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Latest Key Developments (Source: Significant Developments)

Ericsson CFO says sees mobile infrastructure market decline in 2018
Tuesday, 18 Jul 2017 02:44am EDT 

July 18 (Reuters) - Ericsson CFO Carl Mellander tells Reuters::Says sees mobile equipment market decline of low single digit in 2018, vs previous view of flatten out .Says sees flattish market in 2019 for mobile infrastructure.Says has no sales forecast for Cisco partnership <<>>, versus previous view of 1 billion USD extra sales in 2018.  Full Article

Ericsson says to divest its power modules business to Flex
Wednesday, 21 Jun 2017 03:15am EDT 

June 21 (Reuters) - Telefonaktiebolaget Lm Ericsson ::Ericsson to divest its power modules business to Flex.Says a workforce of over 300 people to move from Ericsson to Flex Power, a division within Flex.Says divestment in line with Ericsson's previously-announced business strategy of focusing on core portfolio areas.  Full Article

Net Insight in partnership with Ericsson
Monday, 19 Jun 2017 02:57am EDT 

June 19 (Reuters) - NET INSIGHT :NET INSIGHT PARTNERS WITH ERICSSON TO OFFER END-TO-END MEDIA CONTRIBUTION SOLUTIONS TO THE BROADCAST INDUSTRY.‍ANNOUNCED A STRATEGIC PARTNERSHIP WITH ERICSSON TO OFFER BROADCASTERS A RANGE OF END-TO-END VIDEO PROCESSING SOLUTIONS​.  Full Article

Cevian Capital says combined ownership at 5.5 pct of Ericsson's capital
Wednesday, 14 Jun 2017 11:58am EDT 

June 14 (Reuters) - :Cevian Capital's combined ownership at c. 5.5 pct of Ericsson's capital.Cevian Capital Partners Limited and Cevian Capital II Co-Investment Fund L.P., herein defined as Cevian Capital, have today disclosed to Ericsson and to the Swedish Regulator Finansinspektionen that they hold 181,623,591 B-shares and 130,160 A-shares of Ericsson, corresponding to c. 5.5 pct of shares.  Full Article

Wi-lan entered into wireless patent license agreement with Ericsson
Monday, 12 Jun 2017 10:00am EDT 

June 12 (Reuters) - Quarterhill Inc :Quarterhill Inc says wholly-owned subsidiary Wi-lan has entered into a wireless patent license agreement with Ericsson.License agreement resolves lte wireless litigations pending between wilan, ericsson in southern District Of Florida, eastern District Of Texas.Consideration and all other terms of license agreement are confidential.  Full Article

Masmovil signs strategic deal with Ericsson for development of its core network
Thursday, 8 Jun 2017 05:00am EDT 

June 8 (Reuters) - MASMOVIL ::SIGNS STRATEGIC AGREEMENT WITH ERICSSON FOR DEVELOPMENT OF ITS CORE NETWORK AND MANAGEMENT, SUPPORT AND FIBER SERVICES.  Full Article

Cevian Capital says sees significant potential in Ericsson
Tuesday, 30 May 2017 12:38pm EDT 

May 30 (Reuters) - Telefonaktiebolaget Lm Ericsson :Cevian Capital managing partner Gardell says sees significant potential in ericsson.Cevian Capital’s Gardell says will join ericsson’s nomination committee.Cevian Capital’s Gardell says supports the main thrust of ericsson ceo ekholm’s plan for the company.  Full Article

Ericsson wins mobile network order from 3 Scandinavia
Friday, 19 May 2017 03:00am EDT 

STOCKHOLM, May 19 (Reuters) - Mobile telecom equipment maker Ericsson ::* Says selected by Hi3G (3 Scandinavia) to upgrade parts of its mobile network and expand 4G coverage ahead of 5G, using Ericsson's Radio System solution.* Says Ericsson will also expand and upgrade Hi3G's microwave transmission network with Eband solutions in preparation for 5G.* Hong Kong's CK Hutchison Holdings <0001.HK> owns 60 pct in 3 Scandinavia and Sweden's investment firm Investor owns the remaining 40 pct. Investor is also a main owner in Ericsson .  Full Article

Ericsson CFO says mobile infrastructure market to stabilize after 2017
Tuesday, 25 Apr 2017 02:54am EDT 

April 25 (Reuters) - Ericsson CFO Carl Mellander to Reuters::Says has seen no major change in market share in Q1.Says repeats sees mobile infrastructure market to stabilize after 2017.  Full Article

Ericsson CEO says no change to previous outlook
Tuesday, 28 Mar 2017 03:48am EDT 

Ericsson CEO Borje Ekholm at conference call: Says we don't see change in the outlook we had earlier . Says there will be no big announcements on job cuts . Ericsson has previously forecast the mobile infrastructure market to decline by 2 to 6 pct in 2017 Further company coverage: [ERICb.ST] (Reporting By Olof Swahnberg) ((Olof.Swahnberg@thomsonreuters.com;)).  Full Article

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BlackBerry rally derailed as investors lose patience on turnaround

TORONTO BlackBerry Ltd shares have been plunging from their more than two-year high hit in June after lackluster earnings and competitive threats have raised doubts about prospects for a turnaround at the business software maker.