Edition:
United Kingdom

Telefonaktiebolaget LM Ericsson (ERICb.ST)

ERICb.ST on Stockholm Stock Exchange

94.58SEK
12:38pm BST
Change (% chg)

-0.82kr (-0.86%)
Prev Close
95.40kr
Open
94.70kr
Day's High
95.14kr
Day's Low
93.26kr
Volume
2,824,285
Avg. Vol
8,654,212
52-wk High
96.08kr
52-wk Low
62.60kr

Latest Key Developments (Source: Significant Developments)

Veon Announces Revised Technology Infrastructure Partnership With Ericsson
Monday, 25 Feb 2019 

Feb 25 (Reuters) - Veon Ltd ::VEON ANNOUNCES REVISED TECHNOLOGY INFRASTRUCTURE PARTNERSHIP WITH ERICSSON.AS PART OF REVISED AGREEMENT, VEON WILL RECEIVE $350 MILLION DURING FIRST HALF OF 2019.  Full Article

Reliance Communications Says Moves NCLAT For Withdrawal Of Its Appeal In Ericsson Matter
Monday, 4 Feb 2019 

Feb 4 (Reuters) - Reliance Communications Ltd ::SAYS MOVES NCLAT FOR WITHDRAWAL OF ITS APPEAL IN ERICSSON MATTER TO PURSUE RESOLUTION PLAN THROUGH NCLT PROCESS.ACCEPTING CO'S APPLICATION FOR WITHDRAWAL APPEAL, NCLAT DIRECTED ERICSSON TO FILE ITS REPLY IN THE MATTER BY 8 FEB 2019.GUARANTORS, ANY THIRD PARTY PROHIBITED FROM INVOKING GUARANTEE, MORTGATE WITHOUT NCLAT’S OR SC'S PRIOR PERMISSION.RCOM OR ANY THIRD PARTY NOT TO SELL/TRANSFER/ALIENATE ANY ASSETS WITHOUT THE NCLAT’S OR THE SUPREME COURT’S PERMISSION.  Full Article

Ericsson Completes Divestment Of Majority Stake In Mediakind
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Telefonaktiebolaget LM Ericsson ::COMPLETES DIVESTMENT OF MAJORITY STAKE IN MEDIAKIND.CLOSED DIVESTMENT OF ITS MEDIAKIND BUSINESS TO PRIVATE EQUITY FIRM ONE EQUITY PARTNERS.AS PREVIOUSLY ANNOUNCED, ONE EQUITY PARTNERS BECOMES MAJORITY OWNER, WHILE ERICSSON HAS 49% OF SHARES.  Full Article

Ericsson says Chief Marketing and Communications Officer Norrman to leave firm
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Telefonaktiebolaget LM Ericsson ::ANNOUNCES CHANGE TO THE EXECUTIVE TEAM.SAYS HELENA NORRMAN HAS DECIDED TO LEAVE ERICSSON TO PURSUE OPPORTUNITIES OUTSIDE COMPANY.SAYS HELENA NORRMAN, WHO HAS BEEN WITH COMPANY SINCE 1998, WILL LEAVE HER POSITION AS SENIOR VICE PRESIDENT, CHIEF MARKETING AND COMMUNICATIONS OFFICER AND HEAD OF MARKETING AND CORPORATE RELATIONS, EFFECTIVE NO LATER THAN JUNE 30, 2019.  Full Article

India's RCom Says SC Has Given 4 Weeks' Time To File Response To Contempt Petition Filed By Ericsson
Monday, 7 Jan 2019 

Jan 7 (Reuters) - Reliance Communications Ltd ::SUPREME COURT HAS GIVEN 4 WEEKS' TIME TO FILE CO'S RESPONSE TO CONTEMPT PETITION FILED BY ERICSSON.ERICSSON HAS BEEN GIVEN ONE WEEK'S TIME TO FILE ITS REJOINDER.HAS DEPOSITED A PARTIAL PAYMENT OF 1.31 BILLION RUPEES TO ERICSSON FROM OPERATIONAL FUNDS AVAILABLE WITH COMPANY.TOOK REQUIRED STEPS TO ENABLE SETTLEMENT, REMAINS FULLY COMMITTED TO MAKE PAYMENT TO ERICSSON FROM PROCEEDS OF SPECTRUM SALE.  Full Article

India's RCom Says NCLAT Adjourned Hearing To Jan 22 In Matter Of Ericsson & Reliance Infratel Minority Related Settlement Petition
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Reliance Communications Ltd ::NCLAT IN MATTER OF ERICSSON PETITION AND RELIANCE INFRATEL MINORITY RELATED SETTLEMENT PETITION ADJOURNED HEARING TO JAN 22.  Full Article

Ericsson Group Profitability Target And Net Sales Ambition 2020
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Telefonaktiebolaget LM Ericsson ::GROUP PROFITABILITY TARGET AND NET SALES AMBITION 2020.AMBITION FOR NET SALES IS INCREASED TO SEK 210 - 220 (190-200) B. BY 2020.IN NETWORKS, INCREASED INVESTMENTS IN RESEARCH AND DEVELOPMENT FOR TECHNOLOGY AND COST LEADERSHIP WILL CONTINUE.LONG-TERM PROFITABILITY TARGET FOR GROUP FOR OPERATING MARGIN OF MORE THAN 12% EXCLUDING RESTRUCTURING NOW SET TO 2022 AT LATEST.Q4 2018 WILL BE NEGATIVELY IMPACTED BY SEK -0.5 B., OF WHICH SEK -0.2 B. OF RESTRUCTURING CHARGES IMPACTS CASHFLOW.  Full Article

Fujitsu And Ericsson To Team Up On 5G Base Stations - Nikkei
Thursday, 25 Oct 2018 

Oct 26 (Reuters) - Nikkei: :FUJITSU AND ERICSSON TO TEAM UP TO DEVELOP AND MANUFACTURE BASE STATIONS FOR FIFTH-GENERATION WIRELESS COMMUNICATIONS - NIKKEI.  Full Article

India's RCom Says SC Allowed Co To Pay Dues To Ericsson On Or Before Dec 15
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Reliance Communications Ltd ::SAYS SUPREME COURT ALLOWED CO TO PAY DUES TO ERICSSON ON OR BEFORE DECEMBER 15, 2018.  Full Article

Ericsson CFO says maintains networks market forecast of -1 pct 2019
Wednesday, 17 Oct 2018 

Oct 18 (Reuters) - Ericsson Chief Financial Officer Carl Mellander to Reuters: :Says maintains networks market forecast of -1 percent 2019.Says sees roughly flat networks sales in North America in Q4 versus Q3.Says sees seasonality in Q4 versus Q3 sales "a few percentage points" lower versus average of 17-18 percent growth in recent years.  Full Article

Photo

Nokia plunges to surprise quarterly loss, shares hit six-month low

HELSINKI Finland's Nokia plunged to a surprise quarterly loss after it failed to supply 5G telecoms equipment in time, and said the security dispute surrounding rival Huawei was creating pressure to invest as customers reassess their suppliers.