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Telefonaktiebolaget LM Ericsson

ERIC.O

Latest Trade

8.96USD

Change

0.00(0.00%)

Volume

6,297,909

Today's Range

8.91

 - 

8.99

52 Week Range

7.58

 - 

10.46

As of on the NASDAQ ∙ Minimum 15 minute delay

Latest Developments

Ericsson Signs $150 Mln Credit Facility For 5G R&D

Dec 20 (Reuters) - Telefonaktiebolaget LM Ericsson <ERICb.ST>::ERICSSON STRENGTHENS ITS 5G RESEARCH AND DEVELOPMENT WITH NIB.SIGNED AN AGREEMENT FOR CREDIT FACILITY WITH NORDIC INVESTMENT BANK (NIB) FOR USD 150 MILLION, MATURING IN 2025..PART OF NEW FUNDS, 98 MILLION WILL REPLACE A CREDIT WITH NIB THAT WAS SET TO MATURE IN 2021.AGREEMENT WILL SUPPORT INVESTMENTS IN RESEARCH AND DEVELOPMENT OF 5G TECHNOLOGY.OF NEW FUNDS, 98 MILLION WILL REPLACE CREDIT WITH NIB THAT WAS SET TO MATURE IN 2021..LOAN GRANTED FOR PURPOSE OF FINANCING ERICSSON TO SUPPORT INVESTMENTS IN RESEARCH AND DEVELOPMENT IN RELATION TO DEVELOPMENT OF 5G TECHNOLOGY DURING 2020-2022.

Ericsson Says Planning Assumptions Remain Unchanged As Communicated In Q3-spokesman

Dec 19 (Reuters) - Ericsson <ERICb.ST> spokesman in e-mail to Reuters::SAYS WE HAVE NOT PROVIDED ANY NEW INFORMATION TO THE MARKET, OUR PLANNING ASSUMPTIONS REMAIN UNCHANGED AS COMMUNICATED IN Q3 2019.

Ericsson reaches resolution on U.S. FCPA investigations

Dec 6 (Reuters) - Telefonaktiebolaget LM Ericsson <ERICb.ST>::REACHES RESOLUTION ON U.S. FCPA INVESTIGATIONS.ENTERED INTO THREE-YEAR DEFERRED PROSECUTION AGREEMENT WITH U.S. DOJ.DPA WITH DOJ TO RESOLVE CRIMINAL CHARGES RELATED TO VIOLATIONS OF FCPA.AS PART OF RESOLUTION, ERICSSON WILL PAY FINANCIAL SANCTION OF USD 458,380,000, PLUS PRE-JUDGEMENT INTEREST OF USD 81,540,000.COMBINED PAYMENT OF $1.06 BLN (SEK 10.1 B.) IS FULLY COVERED BY SEK 11.5 BLN PROVISION TAKEN IN Q3 2019.DOJ PROCEEDING IS A CRIMINAL ENFORCEMENT ACTION AND SEC PROCEEDING IS A CIVIL ENFORCEMENT ACTION."SETTLEMENT WITH SEC AND DOJ SHOWS THAT WE HAVE NOT ALWAYS MET OUR STANDARDS IN DOING BUSINESS RIGHT WAY".

Ericsson: Orange Chooses Co's Operations Engine In Managed Services Extension

Nov 28 (Reuters) - Telefonaktiebolaget LM Ericsson <ERICb.ST>::ORANGE OPTS FOR ERICSSON OPERATIONS ENGINE IN MANAGED SERVICES EXTENSION.THREE-TO-FIVE-YEAR ORANGE CONTRACT EXTENSION COVERS BELGIUM, MOLDOVA, ROMANIA, SLOVAKIA, AND SPAIN.UNDER CONTRACT CO WILL PROVIDE FULLY MANAGED END-TO-END OPERATIONS SERVICE TO INCLUDE NETWORK OPERATIONS, FIELD SUPPORT, AND MAINTENANCE, AS WELL AS A SPARE PARTS MANAGEMENT SERVICE FOR ORANGE'S FIXED-LINE ACCESS, 2G, 3G, 4G AND FUTURE 5G ACCESS.NETWORK PERFORMANCE, OPTIMIZATION AND NETWORK EXPANSION ARE OPTIONAL COMPONENTS AND DELIVERED IN SOME OF COUNTRIES.

MTN South Africa Selects Ericsson For Commercial 5G Core And Radio

Nov 14 (Reuters) - Telefonaktiebolaget LM Ericsson <ERICb.ST>::MTN SOUTH AFRICA SELECTS ERICSSON FOR COMMERCIAL 5G CORE AND RADIO.WILL SUPPLY 5G PRODUCTS AND SOLUTIONS FROM ITS RADIO ACCESS NETWORK (RAN), TRANSPORT AND CORE PORTFOLIOS, WITH COMMERCIAL ROLLOUT EXPECTED TO START IN 2020.CONTRACT INCLUDES SUPPLY OF ERICSSON RADIO ACCESS NETWORK, CORE, AND TRANSPORT PRODUCTS AND SOLUTIONS.

Ericsson Modernizes Hydro-Quebec's Network Inventory System

Oct 18 (Reuters) - Telefonaktiebolaget LM Ericsson <ERICb.ST>::MODERNIZES HYDRO-QUEBEC'S NETWORK INVENTORY SYSTEM.ERICSSON EXTENDS PARTNERSHIP WITH HYDRO-QUÉBEC ON NETWORK INVENTORY MANAGEMENT SYSTEM.AGREEMENT INCLUDES A MODERNIZATION PROJECT USING ERICSON'S LATEST SOLUTION, ADAPTIVE INVENTORY.MODERNIZATION PROJECT IS EXPECTED TO BE COMPLETE IN SECOND HALF OF 2020.

Major owner Cevian Capital says Ericsson's targets are conservative

Oct 17 (Reuters) - Major Ericsson <ERICb.ST> shareholder Cevian Capital's managing partner Christer Gardell to Reuters::CEVIAN CAPITAL'S GARDELL SAYS ERICSSON'S TARGETS ARE CONSERVATIVE, WE THINK ERICSSON CAN DELIVER MORE.CEVIAN CAPITAL'S GARDELL SAYS IT'S "A GOOD BIT LEFT" UNTIL ERICSSON REACHES ITS POTENTIAL.

Bharti Airtel picks Ericsson for 5G-Ready Cloud Packet Core

Oct 16 (Reuters) - Telefonaktiebolaget LM Ericsson <ERICb.ST>::BHARTI AIRTEL SELECTS ERICSSON’S 5G-READY CLOUD PACKET CORE TO BOOST NETWORK PERFORMANCE.THE DEPLOYMENT WILL CONSIST OF SOLUTIONS LIKE ERICSSON VIRTUAL EVOLVED PACKET GATEWAY (VEPG) THAT FOLLOW ETSI STANDARDS.THE DEPLOYMENT WILL ENHANCE CAPACITY IN AIRTEL’S NETWORK AND ENABLE THE NETWORK TO ADDRESS THE RAPIDLY GROWING DEMAND FOR HIGH-SPEED DATA SERVICES..

Ericsson Partners With Xtreme Enterprises In US

Oct 15 (Reuters) - Telefonaktiebolaget LM Ericsson <ERICb.ST>::PARTNERS WITH XTREME ENTERPRISES TO SUPPORT RURAL WISPS IN AMERICA.UNDER AGREEMENT, XTREME WILL BE OFFERING ERICSSON'S HIGH-PERFORMING MICRO RADIO 2208 FOR CITIZENS BROADBAND RADIO SERVICE (CBRS).

Watch Communications Chooses Ericsson To Build Rural FWA Services In Midwest

Oct 14 (Reuters) - Telefonaktiebolaget LM Ericsson <ERICb.ST>::WATCH COMMUNICATIONS CHOOSES ERICSSON TO BUILD RURAL FWA SERVICES IN MIDWEST.WATCH COMMUNICATIONS ENTERED INTO PARTNERSHIP WITH ERICSSON AS PART OF ITS USD 53 MILLION PROJECT WITH CONNECT AMERICA FUND II.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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