STOCKHOLM, Oct. 21, 2021 /PRNewswire/ -- On December 6, 2019, Ericsson (NASDAQ: ERIC) entered
into a Deferred Prosecution Agreement (DPA) with the United States
Department of Justice (DOJ). Ericsson has received correspondence
from the DOJ stating that it has determined that Ericsson breached
its obligations under the DPA by failing to provide certain
documents and factual information, and that Ericsson will have the
opportunity to respond in writing to explain the nature and
circumstances of such breach, as well as the actions Ericsson has
taken to address and remediate the situation.
At this stage it is premature to predict the outcome of these
developments. DOJ has sole discretion under the DPA to
determine whether a breach occurred. Ericsson intends to respond to
DOJ and to continue cooperating with DOJ consistent with the terms
of the DPA, including requirements regarding production of
documents.
NOTES TO EDITORS:
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FOR FURTHER INFORMATION, PLEASE CONTACT
Contact person
Peter Nyquist, Head of Investor
Relations
Phone: +46 705 75 29 06
E-mail: peter.nyquist@ericsson.com
Media
Kristoffer Edshage, Director Corporate Media
Phone: +46 10 719 69 92
E-mail: media.relations@ericsson.com
Corporate Communications
Phone: +46 10 719 69 92
E-mail: media.relations@ericsson.com
About Ericsson
Ericsson enables communications service providers to capture the
full value of connectivity. The company's portfolio spans Networks,
Digital Services, Managed Services, and Emerging Business and is
designed to help our customers go digital, increase efficiency and
find new revenue streams. Ericsson's investments in innovation have
delivered the benefits of telephony and mobile broadband to
billions of people around the world. The Ericsson stock is listed
on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com
This is information that Telefonaktiebolaget LM Ericsson is
obliged to make public pursuant to the EU Market Abuse Regulation.
The information was submitted for publication, through the agency
of the contact person set out above, at 01:00 CEST on October 22,
2021.
This information was brought to you by Cision
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SOURCE Ericsson