Latest news
Ericsson and Fraunhofer IPT launch 5G-Industry Campus Europe
Ericsson and the Fraunhofer Institute for Production Technology (IPT) have launched 5G-Industry Campus Europe, the continent’s largest industrial 5G research network, to jointly explore with companies and research partners further areas in which 5G can be applied within production and to test these as practically as possible.
Ericsson and Telstra achieve container-based commercial Evolved Packet Core milestone
- Ericsson’s cloud-native container-based Evolved Packet Core deployed in Telstra’s production Network Functions Virtualization Infrastructure (NFVi)
- The achievement with Telstra marks a significant advance in network orchestration and automation
- Opens possibilities for Telstra to significantly scale traditional wireless networks in creating new 5G services for consumers and enterprise customers with emerging technologies
Ericsson and MediaTek in 5G voice landmark
While 5G launches to date have been based on non-standalone architecture, 2020 is set to see standalone (SA) 5G become a reality. Standalone 5G is a step closer after Ericsson completed the industry’s first successful Voice over New Radio (VoNR) interoperability test with device ecosystem partner MediaTek.
Team Adelaide Bio AUV wins the Ericsson Innovation Awards 2019
Team Adelaide Bio AUV, from Australia, has won the 2019 Ericsson Innovation Awards competition for its approach to limiting climate change through autonomous underwater vehicles.
Ericsson and TDC drive 5G commercialization in Denmark with new pilot network
Ericsson delivered 5G network equipment for a new pilot network that was launched on December 11 in the city of Helsingør, Denmark. Local partners and municipal customers have been granted access to test new services on the 5G network.
‘AI AI Captain’: 5G takes to the waves with automated ferry in Norway
Ericsson, Telia and the Norwegian University of Science and Technology (NTNU) have partnered to show that you don’t need wheels, or roads, to benefit from 5G-enabled driverless transport.
Ericsson ConsumerLab: Ten Hot Consumer Trends 2030 – The Internet of Senses
- Early technology adopter consumers expect an Internet of Senses by 2030, enabling a new service economy based on digital sensory experiences
- With the human brain as the user interface, consumers expect devices to respond to thoughts, creating a new interaction paradigm
- Most consumers believe that Internet of Senses’ services will make society more environmentally sustainable
Ericsson reaches resolution on U.S. FCPA investigations
- Ericsson has entered into a three-year Deferred Prosecution Agreement (DPA) with the U.S. Department of Justice (DOJ) to resolve criminal charges related to violations of the FCPA. This relates to accounting violations of the FCPA in five countries including in Djibouti where there is also a charge of bribery. In the agreement, the DOJ agrees to defer the prosecution of those charges and to have them dismissed at the end of the term in exchange for Ericsson complying with the conditions of the DPA. Conditions include a payment by Ericsson of a fine of USD 520,650,432. As part of the resolution with the DOJ, Ericsson's Egyptian subsidiary has entered a guilty plea to the bribery charge in Djibouti.
- Separately, Ericsson agreed to resolve civil charges brought by the Securities and Exchange Commission (SEC) relating to allegations of violations of the bribery and accounting provisions of the FCPA. Ericsson agreed to the entry of a judgment enjoining it from future violations of the FCPA and it agreed to pay a financial sanction of USD 458,380,000, plus pre-judgment interest of USD 81,540,000.
- As part of the settlement, Ericsson has agreed to engage an independent compliance monitor for a period of three years while the Company continues to undertake significant reforms to strengthen its Ethics & Compliance program.
- The combined payment of USD 1.06 b. (SEK 10.1 b.) as per above is fully covered by the SEK 11.5 b. provision taken in Q3 2019.
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