Telefonaktiebolaget L M Ericsson ERIC shares are trading higher by 4% after it got chosen by AT&T Inc T to lead the United States in commercial-scale open radio access network ( Open RAN ) deployment. The deal is the largest financially in Ericsson's history, as per the company.

Telefonaktiebolaget L M Ericsson ERIC disclosed recording a non-cash impairment charge of SEK 32 billion in Q3 2023. The impairment charge, which accounts for 50% of the goodwill and other intangible assets related to Vonage, will be reported in the segment Enterprise as an item affecting ...

Telefonaktiebolaget L M Ericsson ERIC reported a third-quarter FY22 sales growth of 21% year-on-year to SEK 68 billion. Group organic sales grew by 3% Y/Y, driven by Networks in North America. Organic sales in Networks rose 7% Y/Y. It reported an EPS of SEK 1.56 versus SEK 1.73 last year.

Telefonaktiebolaget L M Ericsson ( NASDAQ: ERIC ) reported a first-quarter FY22 sales growth of 11% year-on-year to SEK 55.1 billion. Group organic sales grew by 3% Y/Y, driven by Networks in North America, Europe, and Latin America. Organic sales in Networks rose 4% Y/Y, and Digital Services sa