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Telefonaktiebolaget LM Ericsson (ERICa.ST)

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Fri, Jun 17 2016

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U.S. corruption probe puts renewed pressure on Ericsson

STOCKHOLM Ericsson said on Friday it was cooperating with U.S. authorities in an inquiry over possible corruption dating back three years, adding to the pressure on the chief executive of the Swedish telecoms equipment maker.

UPDATE 1-U.S. corruption probe puts renewed pressure on Ericsson

* Ericsson cooperating with U.S. authorities on corruption inquiry

BRIEF-Ericsson: cooperates with U.S. authorities on inquiry

* Says in March 2013, Ericsson received a voluntary request from US Authorities to answer a number of questions relating to Ericsson's operations, something we have also confirmed to media in 2013

NORDIC STOCKS - Factors to watch on June 17

The following stocks may be affected by newspaper reports and other factors on Friday:

Ericsson faces U.S. corruption probe - Swedish newspaper

STOCKHOLM, June 17 Swedish mobile telecom gear maker Ericsson is being investigated by U.S. authorities over possible corruption related to its business in China, Swedish daily Svenska Dagbladet (SvD) reported late on Thursday, citing unnamed sources.

BRIEF-Russia's MTS signs software supply agreement with Ericsson

* Signed agreement with telecoms equipment maker Ericsson for supplies of software to modernise MTS network until 2019;

Ericsson plans to lay off thousands to cut costs: newspaper

STOCKHOLM Telecoms equipment maker Ericsson plans to lay off thousands of staff this summer and is considering large, additional cost cuts due to slowing markets, newspaper Svenska Dagbladet (SvD) reported on Tuesday citing anonymous sources.

UPDATE 1-Ericsson plans to lay off thousands to cut costs -newspaper

STOCKHOLM, June 14 Telecoms equipment maker Ericsson plans to lay off thousands of staff this summer and is considering large, additional cost cuts due to slowing markets, newspaper Svenska Dagbladet (SvD) reported on Tuesday citing anonymous sources.

Ericsson plans to lay off thousands to cut costs -newspaper

STOCKHOLM, June 14 Telecoms equipment maker Ericsson plans to lay off thousands of staff this summer and is considering large, additional cost cuts due to slowing markets, newspaper Svenska Dagbladet (SvD) reported on Tuesday citing anonymous sources.

BRIEF-Vimpelcom and Ericsson enter software partnership worth over $1 bln

* Vimpelcom and Ericsson enter software partnership worth over USD 1 billion

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