LM Ericsson Telefon

Envivio is a software-based video processing and delivery solutions company. It was founded in 2000 in San Francisco by Julien Signes, the president and CEO, with a focus on developing technologies supported by the MPEG-4 standard, a standard for audio and video coding formats and related technology. Envivio is headquartered in South San Francisco with offices in Singapore, Beijing, Denver (Colorado) and Rennes.

Envivio

Red Bee Media formerly Ericsson Broadcast and Media Services (EBMS), is an International broadcasting and media services company headquartered in White City, West London, United Kingdom, with offices in Glasgow, Cardiff and Newcastle upon Tyne, and international offices in Australia, France, Spain, Germany, Finland, The Netherlands, Sweden, France, Canada, United States and Abu Dhabi. It has 2,500 employees worldwide across 8 media hubs and distributes over 2.7 million hours of programming each year worldwide. It is a wholly owned subsidiary of Ericsson.

Red Bee Media

Apcera is an American cloud infrastructure company that provides a container management platform to deploy, orchestrate and govern containers and applications across on-premises and cloud-based infrastructure.

Apcera

Redback Networks was a telecommunications equipment company, specializing in hardware and software used by ISPs to manage broadband services. In December 2006, Ericsson and Redback announced they had signed a definitive agreement under which Ericsson would acquire Redback. The transaction was completed in 2007, and Redback Networks is fully integrated in Ericsson.

Redback Networks

Telefonaktiebolaget LM Ericsson engages in the provision of telecommunications equipment and related services to mobile and fixed network operators. It operates through the following segments: Networks, Cloud Software, Services, Enterprise, and Other. The Networks segment supports all radio-access technologies and offers hardware, software and related services for both radio access and transport. The Cloud Software segment offers solutions for core networks, business and operational support systems, network design and optimization, and managed network services. The Other segment refers to the media business and other non-allocated business. Segment-level information has also been presented to Other. The company was founded by Lars Magnus Ericsson in 1876 and is headquartered in Kista, Sweden.

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Ericsson has laid off 240 employees in China, part of a restructuring in the country that will affect one of its largest research hubs globally.

Ericsson Lays Off More Than 200 Employees in China

PLANO, Texas , April 17, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Nex-Tech Wireless today announce a transformative 5-year network modernization initiative. This groundbreaking initiative underscores Nex-Tech Wireless's commitment to providing unparalleled connectivity solutions to communities across Kansas.

Nex-Tech Wireless partners with Ericsson to Keep Kansans Connected with innovative technologies

American depositary receipts (ADRs) of Ericsson (ERIC) rose Tuesday after the Swedish telecom company posted a much better-than-expected operating profit and predicted sales would be better in the second half of the year.

Ericsson Boosts Gross Margin, Sees Sales Stabilizing Later This Year

Ericsson (ERIC) reports a top-line contraction year over year in the first quarter of fiscal 2024 due to sluggish demand trends in the Networks vertical.

Ericsson (ERIC) Q1 Earnings Beat Estimates, Top Line Falls Y/Y

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Tech stocks appeared poised to struggle for direction early Tuesday after a sharp selloff Monday.

Palantir, AMD, Ericsson, Amazon, and Other Tech Stocks in Focus Today.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC ) Q1 2024 Earnings Conference Call April 16, 2024 3:00 AM ET Company Participants Daniel Morris - Head of Investor Relations Borje Ekholm - President and Chief Executive Officer Lars Sandstrom - Senior Vice President, Chief Financial Officer Conference Call Participants Andreas Joelsson - Carnegie Francois-Xavier Bouvignies - UBS Joachim Gunell - DNB Markets Sandeep Deshpande - JPMorgan Daniel Djurberg - Handelsbanken Capital Markets Joseph Zhou - Barclays Sebastien Sztabowicz - Kepler Cheuvreux Erik Lindholm-Rojestal - SEB Felix Henriksson - Nordea Markets Sami Sarkamies - Danske Bank Richard Kramer - Arete Research Daniel Morris Hello, everyone, and welcome to today's presentation of Ericsson's First Quarter 2024 Results. With me today are Borje Ekholm, our President and CEO; and Lars Sandstrom, Chief Financial Officer.

Telefonaktiebolaget LM Ericsson (publ) (ERIC) Q1 2024 Earnings Call Transcript

Shares of Ericsson climbed on Tuesday after the Swedish telecom group reported a mixed set of results, with higher profit margins in the first quarter of 2024 helping offset a sharp drop in sales.

Ericsson posts increase in profits as higher margins offset falling sales

Ericsson expects the mobile-network market to continue falling at least through the end of this year, as customer spending remains cautious and investments in India slow further.

Ericsson Mobile Network Weakness to Continue Through 2024

STOCKHOLM , April 16, 2024 /PRNewswire/ -- First quarter highlights – Driving gross margin improvements and cost efficiencies Sales declined organically[1] by -14% YoY, due to a -19% decline in Networks. Reported sales decreased to SEK 53.3 (62.6) b.

Ericsson reports first quarter results 2024

Swedish telecom equipment maker Ericsson reported on Tuesday a first-quarter adjusted operating profit that beat expectations and said it expects sales to stabilize during the second half of the year if current trends persist.

Ericsson's Q1 adjusted operating profit beats expectations

Swisscom selects Ericsson's (ERIC) comprehensive solution suite to modernize its mobile network infrastructure.

Ericsson (ERIC) Solution to Upgrade Swisscom's Mobile Network

Eighty-two percent of Singapore's organisation have had to remove/ block applications like Zoom, WhatsApp and others considered vulnerability risks from work devices for security reasons Eighty-two percent of Singapore's organisation have had to remove/ block applications like Zoom, WhatsApp and others considered vulnerability risks from work devices for security reasons

Research: More than Half of Singapore's Organisations Experienced 1-2 hours of Weekly Downtime Due to Fixed Line/ Fibre Network Failure Over the Last 12 months

Ericsson's (ERIC) wholly-owned subsidiary Vonage is set to deploy its Communications APIs to enhance LEAP's customer service quality and expand its customer reach worldwide.

Ericsson's (ERIC) Vonage Boosts LEAP's Communication Portfolio

Data reveals a growing number of businesses are leveraging cellular as their primary mode of connectivity due to cost, flexibility and scale Data reveals a growing number of businesses are leveraging cellular as their primary mode of connectivity due to cost, flexibility and scale

Cradlepoint Survey Reveals Enterprises are More Confident Utilizing 5G to Expand into New Business Opportunities

TORONTO--(BUSINESS WIRE)--Cradlepoint, part of Ericsson, announced findings from its 2024 State of Connectivity report.

Cradlepoint Research: Majority of Canadian Businesses' Network Connectivity Is Good, but Downtime Continues to Impact Operations

SINGAPORE--(BUSINESS WIRE)--Based in Singapore, LEAP, THE HORIZON INFORMATION TECHNOLOGY, has announced it is leveraging Communications APIs from Vonage to expand its global customer reach and scale. Vonage is global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), LEAP is dedicated to providing a professional contact centre, Interactive Voice Response Designer and social media services for Southeast Asian enterpris.

LEAP Expands Global Customer Reach with Vonage SIP Trunking API

Ericsson (ERIC) closed at $5.08 in the latest trading session, marking a -1.93% move from the prior day.

Ericsson (ERIC) Stock Slides as Market Rises: Facts to Know Before You Trade

Recently, Zacks.com users have been paying close attention to Ericsson (ERIC). This makes it worthwhile to examine what the stock has in store.

Investors Heavily Search Ericsson (ERIC): Here is What You Need to Know

STOCKHOLM , April 3, 2024 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) Annual General Meeting (AGM) was held today on April 3, 2024 in Kista, Stockholm. Shareholders were also able to exercise their voting rights by post before the meeting.

Ericsson's Annual General Meeting 2024

HOLMDEL, N.J. , April 3, 2024 /PRNewswire/ -- Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), has been named Gold Winner for 5G at the Merit Awards for Telecom, for its global network platform.

Vonage Wins Gold in 5G Category at Merit Awards for Telecom 2024

Report to be released at approximately 7:00 AM CEST on April 16, 2024 One live video webcast for analysts, investors, and journalists at 9:00 AM CEST STOCKHOLM , April 2, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the first quarter 2024 will be published at approximately 7:00 AM CEST on April 16, 2024. The company will issue a press release with the complete financial report attached, including tables, in PDF format.

Invitation to media and analyst briefing for Ericsson Q1 2024 report

STOCKHOLM , March 28, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced that on March 28, 2024, the independent compliance Monitor appointed by the U.S. Department of Justice (DOJ) (in June of 2020 in connection with Ericsson's resolution of historical violations of the Foreign Corrupt Practices Act (FCPA) violations) has certified that Ericsson's anti-corruption compliance program has satisfied requirements and is functioning effectively. This independent certification is a condition to conclusion of the Monitorship and Plea Agreement, currently expected to occur no later than June 2, 2024.

Independent Monitor certifies Ericsson's Compliance Program

Ericsson's (ERIC) wholly-owned subsidiary Vonage launches an Enhanced Noise Cancellation solution with embedded AI to improve audio clarity and enhance customer services across contact centers.

Ericsson (ERIC) Subsidiary Vonage Enhances Voice Communication

LONDON--(BUSINESS WIRE)--Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), has announced the launch of generative AI for Vonage Conversational Commerce, powered by Jumper.ai. Leveraging advanced generative AI capabilities that are seamlessly integrated with its Conversational Commerce solution, Vonage is arming businesses with the tools to create real-time and personalised connections with customers.

Advanced Gen AI Capabilities to Boost Vonage Conversational Commerce Offering

Recognized in Best Innovation for Systems Management category HOLMDEL, N.J. , March 26, 2024 /PRNewswire/ --  Vonage , a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), announced that its comprehensive portfolio of counter-fraud products and solutions, Vonage Protection Suite , has received a Best of Enterprise Connect Award in the Best Innovation for Systems Management category.

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