Mobile communication and connectivity solutions

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Ericsson completes sale of iconectiv
Prnewswire· 2025-08-22 15:35
Core Viewpoint - Ericsson has completed the sale of iconectiv to Koch Equity Development LLC, resulting in a cash benefit of approximately SEK 9.9 billion (USD 1.0 billion) after settling taxes and other liabilities [1][2]. Financial Impact - The transaction will provide Ericsson with a one-off EBIT benefit of approximately SEK 7.6 billion (USD 0.8 billion) in its Q3 2025 financial results [2]. - Iconectiv contributed approximately SEK 1.0 billion (USD 0.1 billion) to Ericsson's net income in 2024 [2][3]. Business Overview - Iconectiv serves over 5,000 customers across various sectors, specializing in number portability solutions, core network and operations management, and data exchange services [3].
Invitation to media and analyst briefing for Ericsson Q2 2025 report
Prnewswire· 2025-07-01 06:19
Group 1 - Ericsson's financial report for Q2 2025 will be published at approximately 7:00 AM CEST on July 15, 2025 [1] - A live video webcast will be held at 9:00 AM CEST for comments and questions regarding the report, featuring President and CEO Börje Ekholm and CFO Lars Sandström [1][4] - The financial report will be available on Ericsson's website after the press release [1] Group 2 - The webcast will be accessible on-demand after the event on Ericsson's website [2] - Ericsson has been a pioneer in communication technology for nearly 150 years, providing mobile communication and connectivity solutions [3]
Ericsson resolves on an acquisition offer for C shares for the Long-Term Variable Compensation Programs LTV 2025 and LTV 2024
Prnewswire· 2025-05-05 08:38
STOCKHOLM, May 5, 2025 /PRNewswire/ -- In accordance with the resolutions by the Annual General Meeting 2025, Ericsson (NASDAQ: ERIC) expands its treasury stock in order to provide shares for the Long-Term Variable Compensation Programs LTV 2025 and LTV 2024 for Ericsson's executive team and other executives.The Board of Directors of Ericsson has today resolved, by virtue of authorizations given by the Annual General Meeting on March 25, 2025 (the "AGM 2025"), to direct an acquisition offer to all holders o ...