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Mar 25, 2024 | General press release

Ericsson announces headcount reduction

As previously stated, Ericsson (NASDAQ:ERIC) expects a challenging mobile networks market in 2024, with further volume contraction  as customers remain cautious. In line with managing lower volumes, Ericsson today announces proposed staff reductions in Sweden. This measure is part of the global initiatives to improve the cost position, including headcount reductions, while maintaining investments critical to Ericsson’s technology leadership. Initiatives to increase operational efficiency will continue during 2024 but will not be announced separately.  

Also available in Svenska

Mar 20, 2024 | Regulatory release

Ericsson appoints Andres Vicente Head of Market Area South East Asia, Oceania & India

  • Effective as of May 1, 2024
  • Becomes member of Ericsson's Executive Team, reporting to the CEO

Also available in Svenska

Mar 19, 2024 | General press release

Ericsson deepens U.S. engagement by establishing Ericsson Federal Technologies Group

  • New entity named Ericsson Federal Technologies Group (EFTG) dedicated to accelerating digital modernization across multiple U.S. Government, state and federal agencies
  • Ericsson meets U.S. Government requirements for 5G networks, including support for open interfaces and equipment Made in the USA*
  • Newly appointed Chief Executive Officer, Christopher Ling, has extensive experience in growing federal and commercial businesses in advanced technologies

Mar 19, 2024 | News

Ericsson and Juniper research report: Mobile financial services critical for future MNO growth

  • Ericsson and Juniper Research's report, “What Will Drive Mobile Financial Services' Growth?” predicts a 40% user adoption and 80% transaction value growth in Mobile Financial Services over the next five years.
  • Telcos are set to prioritize Mobile Financial Services for revenue diversification and their shift into digital service providers, with an anticipated 45% growth in the next five years.
  • Mobile Financial Services are reshaping revenue models, leaning towards advanced offerings like micro-finance and investments.

Also available in العربية

Mar 17, 2024 | General press release

Ericsson and Umniah announce strategic alliance to elevate network performance with cutting-edge AI

  • The partnership leverages Ericsson’s Cognitive Software Portfolio, deploying its modules Performance Diagnostics and Virtual Drive Testing.
  • The meticulous analytical approach adopted by the companies has led to enhancements in call termination processes and Radio Access Network (RAN) configurations.

Mar 12, 2024 | Regulatory release

Ericsson Annual Report on Form 20-F filed with the SEC

Also available in Svenska

Mar 06, 2024 | Regulatory release

Ericsson Annual Report 2023 published

  • The Annual Report 2023 available for download and printed version available for order
  • The Annual Report 2023 publication consists of Ericsson’s Financial report 2023, the Corporate Governance report 2023, the Remuneration report 2023 and the Sustainability and Corporate Responsibility report 2023

Also available in Svenska

Mar 05, 2024 | General press release

Ericsson announces Appointment of Becky Rohr as Chief Compliance Officer, bringing together Investigations and Compliance

  • Becky Rohr, currently Head of Corporate & Government Investigations, will become the new Chief Compliance Officer
  • Jan Sprafke will leave Ericsson to pursue other opportunities