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Ericsson pays over USD 1 bln to resolve bribery charges in the US
2019-12-09 08:54:00| Telecompaper Headlines
(Telecompaper) Ericsson has agreed to pay USD 520.6 million and USD 458.4 million (plus pre-judgement interest of USD 81.5 million) to settle bribery charges brought by the US Department of Justice (DoJ) and Securities and Exchange Commission (SEC), for a total of over USD 1 billion. CEO Borje Ekholm said the Ericsson can move forward and build a stronger company.
Ericsson agrees to pay $1bn to resolve FCPA corruption allegations
2019-12-09 01:00:00| Total Telecom industry news
Ericsson has agreed to enter into a three-year Deferred Prosecution Agreement and pay just over $1 billion in penalties to end criminal charges relating to violations of the FCPA. The US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) accused Ericsson of bribing officials in China…read more on TotalTele.com »
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Sweden's Ericsson to pay over $1bn to settle US corruption probe
2019-12-06 23:50:59| BBC News | Business | UK Edition
The telecoms giant has agreed to pay to resolve bribery allegations, the US justice department says.
Ericsson and Azercell team up on 5G in Azerbaijan
2019-12-04 01:00:00| Total Telecom industry news
Swedish tech giant Ericsson has signed its 75th commercial 5G agreement, teaming up with Azercell to develop 5G in Azerbaijan. The pair are already working together on a 5G test network in the nation's capital…read more on TotalTele.com »
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Ericsson showcases 5G Spectrum Sharing tech, with first inter-continental call
2019-12-02 01:00:00| Total Telecom industry news
Swedish network equipment provider, Ericsson, has completed the first trans-continental 5G call using its Spectrum Sharing technology. Ericsson completed the call between Bern in Switzerland and Australia's Gold Coast, using Swisscom and Telstra's 5G networks. The call was made using an OPPO 5G handset…read more on TotalTele.com »
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