Ericsson comments on recent media reports on questions concerning corruption
17 June 2016 - 7:00PM
In March 2013, Ericsson (NASDAQ:ERIC) received a
voluntary request from US Authorities to answer a number of
questions relating to Ericsson's operations, something we have also
confirmed to media in 2013. Ericsson cooperates with US Authorities
to answer these and additional questions.
While we strive to at all times conduct our
business in compliance with applicable laws, matters do arise from
time to time as a result of the global nature of our business.
We will not provide any detailed comments on the
request as such, but can say that it relates to Ericsson's
anti-corruption program and questions related to the Foreign
Corrupt Practices Act. Ericsson cooperates with US Authorities and
works diligently to answer the questions.
As a listed company, we always follow the
requirements to publically disclose any information about events
that would have a material impact on the company or its finances.
Should such materiality arise, Ericsson will disclose information
in accordance with regulatory requirements.
NOTES TO EDITORS
For media kits, backgrounders and high-resolution
photos, please visit www.ericsson.com/press
Ericsson is the driving force
behind the Networked Society - a world leader in communications
technology and services. Our long-term relationships with every
major telecom operator in the world allow people, business and
society to fulfill their potential and create a more sustainable
future.
Our services, software and
infrastructure - especially in mobility, broadband and the
cloud - are enabling the telecom industry and
other sectors to do better business, increase efficiency, improve
the user experience and capture new opportunities.
With approximately 115,000
professionals and customers in 180 countries, we combine global scale with technology and services
leadership. We support networks that connect more than 2.5 billion
subscribers. Forty percent of the world's mobile traffic is carried
over Ericsson networks. And our investments in research and
development ensure that our solutions - and our customers - stay in
front.
Founded in 1876, Ericsson has its
headquarters in Stockholm, Sweden. Net sales in 2015 were SEK 246.9 billion (USD 29.4 billion). Ericsson is
listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in
New York.
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FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail: media.relations@ericsson.com
Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail: investor.relations@ericsson.com
Ericsson discloses the information provided herein
pursuant to the Securities Markets Act and/or the Financial
Instruments Trading Act. The information was submitted for
publication June 17 2016 at 11:00 CET.
Ericsson comments on recent media
reports
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Ericsson via Globenewswire
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