Ericsson (NASDAQ: ERIC) announced that, in accordance with IFRS accounting requirements, it will record a non-cash impairment charge of SEK 32 billion in the third quarter of 2023. The impairment charge represents 50% of the total amount of goodwill ...
Second quarter highlights – In line with expectations Group organic sales[1] declined by -9% YoY. Segment Networks sales[1] declined by -13%, while segment Enterprise sales[1] grew by 20%. Reported sales was SEK 64.4 (62.5) b. The sharp decline in ...
Ericsson announced the appointment of Scott Dresser to the company’s Executive Team as Senior Vice President, Chief Legal Officer and Head of Group Function Legal Affairs & Compliance. Scott will join Ericsson on 21 March 2022 and be based ...
SmarTone and Ericsson to empower consumers and businesses with industry-first connectivity boost app
Ericsson (NASDAQ: ERIC) targets a market made up of billions of consumers and business-users globally with an end-user-ready application that boosts mobile connectivity when it is needed most – ensuring optimal mobile experiences. Called Ericsson Dynamic End-user Boost, the ...