Edition:
United Kingdom

Telefonaktiebolaget LM Ericsson (ERICb.ST)

ERICb.ST on Stockholm Stock Exchange

87.36SEK
11:59am GMT
Change (% chg)

1.26kr (+1.46%)
Prev Close
86.10kr
Open
86.68kr
Day's High
87.52kr
Day's Low
86.30kr
Volume
2,444,081
Avg. Vol
9,963,638
52-wk High
87.60kr
52-wk Low
50.82kr

Latest Key Developments (Source: Significant Developments)

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

Reliance Communications Says Granted Relief By Telecom Disputes Settlement & Appellate Tribunal
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Reliance Communications Ltd ::SAYS RELIANCE COMMUNICATIONS GRANTED RELIEF BY TELECOM DISPUTES SETTLEMENT & APPELLATE TRIBUNAL.SAYS SPECTRUM TRADING TO BE COMPLETED WITHOUT BANK GUARANTEE OF 29 BILLION RUPEES DEMANDED BY DOT.SAYS RCOM TO RECEIVE 9.75 BILLION RUPEES FROM SALE OF SPECTRUM.TO PAY ERICSSON 5.50 BILLION RUPESS & RITL MINORITY INVESTORS 2.30 BILLION RUPEES FROM SPECTRUM TRADING PROCEEDS.  Full Article