STOCKHOLM, July 2, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the appointment of Patrick Johansson as its new Head of Market Area Middle East & Africa (MMEA) and Senior Vice President. Mr. Johansson who is currently Head of Business Control & Operations at Ericsson's Business Area Cloud Software & Services, will replace Fadi Pharaon whose decision to leave Ericsson was announced in May 2024. Mr. Johansson will take up his new position on August 1, 2024, and be based in Riyadh, Saudi Arabia ...

Core Insights - Ericsson has appointed Patrick Johansson as the new Head of Market Area Middle East & Africa (MMEA) and Senior Vice President, effective August 1, 2024 [5] - Johansson will replace Fadi Pharaon, who announced his departure from Ericsson in May 2024 [5] - Börje Ekholm, President and CEO of Ericsson, expressed confidence in Johansson's understanding of technology and business strategy, which are vital for maintaining Ericsson's industry leadership [1] Company Overview - Ericsson has been a pioneer in communication technology for nearly 150 years, providing mobile communication and connectivity solutions for service providers and enterprises [3] - The company aims to create a digital world of tomorrow in collaboration with customers and partners [3] Patrick Johansson's Background - Johansson has been with Ericsson since 1997 and has held various roles across multiple Business Areas and Market Areas, including positions in Sweden, Korea, India, Austria, China, and Vietnam [2] - His previous roles include Global Head of Sales & Commercial Management for Business Area Networks and Head of Customer Unit Korea, along with several executive finance and business positions [2] Future Outlook - Johansson expressed enthusiasm for his new role, highlighting Ericsson's leadership in technology trends and the importance of networks in digitalization for businesses and societies [4] - He looks forward to engaging with customers and partners in the Middle East and Africa to create outstanding customer value [4]

While the 6G race is well underway, some curious investors may wonder when and how 6G technology will come. Many analysts predict the technology will begin testing between 2025 and 2028, with the first commercial applications arriving around 2030. Yet, 6G is more than just a faster telecommunications network. The introduction of 6G could result in significantly increased network capacity and functional range. That means the best 6G stocks to buy are those actively investing in taking advantage of this new s ...

Core Viewpoint - Dividend-yielding large-cap stocks under $10 are attractive for investors seeking value, stability, and income, offering substantial market caps and solid dividend yields [1][2]. Group 1: Stock Analysis - **Nokia Oyj (NOK)**: - Price: $3.795 - Market Cap: $20.91 billion - Dividend Yield: 3.40% - Nokia is a leader in 5G technology and networking solutions, providing a reliable choice for dividend-focused investors [3][4]. - **Telefonaktiebolaget LM Ericsson (ERIC)**: - Price: $6.14 - Market Cap: $20.48 billion - Dividend Yield: 4.21% - Ericsson has a strong market presence and leadership in 5G rollout, making it a compelling opportunity for consistent dividend income [4][5]. - **Sirius XM Holdings Inc. (SIRI)**: - Price: $2.80 - Market Cap: $10.75 billion - Dividend Yield: 3.81% - Sirius XM is a dominant player in satellite radio, well-positioned to maintain market leadership and reward shareholders with reliable dividends [5][6]. Group 2: Investment Appeal - These three large-cap stocks provide attractive dividend yields and substantial market capitalizations, blending income and stability for investors [6][7]. - The stocks offer exposure to the growing 5G sector and steady income from a leading entertainment provider, enhancing investment portfolios [7].

HOLMDEL, N.J., June 27, 2024 /PRNewswire/ -- Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), has again been recognized as a Leader in the Gartner Magic Quadrant for Communications Platform as a Service (CPaaS) for Ability to Execute and Completeness of Vision. "Vonage enables developers and enterprises to program communications functions like video, voice, messaging and verification into their existing products, ...

President and CEO Börje Ekholm and CFO Lars Sandström will comment on the report and take questions at a live video webcast at 10:00 AM CEST (9:00 AM BST London, 4:00 AM EDT New York). FOLLOW US: Subscribe to Ericsson press releases here Subscribe to Ericsson blog posts here https://twitter.com/ericsson https://www.facebook.com/ericsson https://www.linkedin.com/company/ericsson STOCKHOLM, June 27, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second quarter 2024 will be published a ...

STOCKHOLM, June 26, 2024 /PRNewswire/ -- Fixed Wireless Access (FWA) continues to grow in strength as a 5G use case for communications service providers (CSPs) globally with a sharp increase over the past year in the number of CSPs offering the service. The details, alongside Ericsson's latest mobile industry forecasts, regional breakdowns and customer case studies, feature in the June 2024 Ericsson (NASDAQ: ERIC) Mobility Report. The speed, data handling and low latency capabilities of 5G FWA also increase ...

STOCKHOLM, June 26, 2024 /PRNewswire/ -- Fixed Wireless Access (FWA) continues to grow in strength as a 5G use case for communications service providers (CSPs) globally with a sharp increase over the past year in the number of CSPs offering the service. The details, alongside Ericsson's latest mobile industry forecasts, regional breakdowns and customer case studies, feature in the June 2024 Ericsson (NASDAQ: ERIC) Mobility Report. This has helped to drive an almost 50 percent growth in the number of service ...

Ericsson's (ERIC) latest innovation, the Site Energy Orchestration solution, is poised to revolutionize how telecom networks are powered, bringing significant energy savings and operational efficiencies to businesses. The Site Energy Orchestration solution acts as an intelligent interface between the radio access network (RAN) and power grids. By leveraging machine learning and AI-powered RAN applications, RAN data and external data interfacing, the solution enables communication service providers (CSPs) to ...

TOMRA Collection, renowned for its reverse vending machines (RVMs), plays a pivotal role in the circular economy by collecting, sorting and processing used beverage containers for reuse and recycling. With around 85,000 installations across 60 markets, TOMRA's RVMs capture more than 46 billion used bottles and cans annually, significantly reducing the reliance on raw materials and minimizing waste in landfills, oceans and streets. ECR, powered by an HPE private cloud solution, transforms waste into circular ...