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LM Ericsson Telephone Newsroom
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter -- WSJ
By Sabela Ojea Ericsson said it expects an additional charge associated with the purchase of the company's Vonage cloud-communications subsidiary, two years after reaching the deal to expand in the U
Ericsson Announces Non-cash Impairment Charge Mainly Relating to Vonage
Ericsson (NASDAQ: ERIC) today announces that, in accordance with IFRS accounting requirements, it will record a non-cash impairment charge of SEK 11.4 billion in the second quarter of 2024, primarily reflecting lower anticipated market growth rates in Vonage's current portfolio. The Net income impact after tax will be SEK 11.4 billion and reported in segment Enterprise.
Ericsson to Book $1.1 Billion Impairment on Weaker Outlook for Vonage
Ericsson: 'We Continue to Advance Our Strategy to Build a Global Network Platform for Network APIs, Which Was the Strategic Impetus for the Vonage Acquisition'
Ericsson: 'We Continue to Advance Our Strategy to Build a Global Network Platform for Network APIs, Which Was the Strategic Impetus for the Vonage Acquisition'
Ericsson Cites 'Deterioration in the Market Environment' and Decisions to Refocus Investments
Ericsson Cites 'Deterioration in the Market Environment' and Decisions to Refocus Investments
Ericsson: Charge Reflects Lower Anticipated Growth for Vonage
Ericsson: Charge Reflects Lower Anticipated Growth for Vonage
Ericsson Sees 2Q Non-Cash Impairment Charge of SEK11.4B
Ericsson Sees 2Q Non-Cash Impairment Charge of SEK11.4B
Express News | LM Ericsson Telephone will record SEK 1.14 billion impairment of intangible assets in the second quarter, primarily related to the acquisition of network telephone company Vonage.
lm ericsson telephone appoints Patrick Johansson as head of Middle East and Africa markets.
LM Ericsson Telephone announced the appointment of Patrick Johansson as its new Senior Vice President and Head of Market Area Middle East and Africa. Mr. Johansson is currently Business Control and Operations Head of LM Ericsson's Cloud Software and Services business area. He will Replace Fadi Pharaon, who announced his departure from LM Ericsson in May 2024. Mr. Johansson will take up his new position on August 1, 2024 and will be based in Riyadh, Saudi Arabia. (Reuters)
Press Release: Ericsson Appoints Patrick Johansson Head of Market Area Middle East & Africa
Ericsson appoints Patrick Johansson Head of Market Area Middle East & Africa PR Newswire STOCKHOLM, July 2, 2024 -- Effective as of August, 1, 2024 -- Becomes member of Ericsson's Executive T
Vonage Positioned as a Leader in the 2024 GartnerR Magic Quadrant for Communications Platform as a Service for the Second Year in a Row
HOLMDEL, N.J.--(BUSINESS WIRE)--Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), has again been recogniz
Ericsson Appoints Patrick Johansson Head of Market Area Middle East & Africa
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 o
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Infinera Could See Bidding War With Nokia Deal - Analyst
3 Dividend-Yielding Large-Cap Stocks Under $10: Nokia, Ericsson, Sirius XM
For investors seeking value, stability, and income, dividend-yielding large-cap stocks under $10 can be an attractive option. These stocks not only offer substantial market caps but also provide solid
Vonage Positioned as a Leader in the 2024 Gartner® Magic QuadrantTM for Communications Platform as a Service for the Second Year in a Row
Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), has...
European Equities Traded in the US as American Depositary Receipts Higher in Thursday Trading
European equities traded in the US as American depositary receipts were higher late Thursday morning, rising 0.27% to 1,423.98 on the S&P Europe Select ADR Index. From continental Europe, the gainers
Invitation to Media and Analyst Briefing for Ericsson Q2 2024 Report
Ericsson's (NASDAQ: ERIC) financial report for the second quarter 2024 will be published at approximately 7:00 AM CEST on July 12, 2024. The company...
Ericsson Mobility Report: 5G Subscriptions Will Be Close to 5.6 Billion by the End of 2029
According to the latest edition of the Ericsson (NASDAQ: ERIC) Mobility Report, , 5G subscriptions will be close to 5.6 billion by the end of 2029 - with global 5G population coverage beyond mainland
Ericsson Mobility Report: 5G Driving Change in Service Providers' FWA Strategies
Fixed Wireless Access (FWA) continues to grow in strength as a 5G use case for communications service providers (CSPs) globally with a sharp increase over the past year in the number of CSPs offering the service.