MANILA, Philippines, April 2, 2025 /PRNewswire/ -- In a landmark pro bono agreement, Globe, a top telco and digital solutions provider in the Philippines, has become the first mobile network operator (MNO) to partner with the UN Global Pulse's Data Insights for Social and Humanitarian Action (DISHA) coalition, harnessing AI-driven data for disaster preparedness and response. Globe is first telco to join UN-led DISHA initiative for disaster response The multi-partner initiative recently launched its pilot run in the Philippines, one of the world's most disaster-prone regions, where about 74% of the population faces risks from floods, cyclones, earthquakes, tsunamis, and landslides. "Given the Philippines' vulnerability to the impacts of climate change, Globe is honored to be the first telecommunications company to join the DISHA coalition. This multi-sectoral partnership underscores our commitment to sustainability by leveraging digital technology to enable solutions and inspire collective action towards inclusive sustainable development," said Yoly Crisanto, Chief Sustainability and Corporate Communications Officer at Globe. While timely and accurate information is critical in directing aid and ensuring swift recovery efforts, many local organizations still rely on manual assessments that can delay aid distribution. DISHA addresses the challenge through the dynamic Socio-Economic Mapping solution developed in collaboration with McKinsey & Company and its AI arm QuantumBlack. The Population Movement heatmap highlights unexpected population movement in disaster-stricken regions in near real time using trends derived from telecommunications data. Meanwhile, the Poverty Nowcasting feature uses machine learning models trained on government census data, telecom trends, and other anonymized signals to provide a regularly updated view of poverty levels. These tools help humanitarian organizations better respond to disasters, reaching those in most need. "We're excited to welcome Globe Telecom to the DISHA Partner community and look forward to working side-by-side with Globe and humanitarian agencies operating in the Philippines to validate and scale the DISHA Socio-Economic Mapping solution in the country. When used responsibly, trends derived from telecommunications data can meaningfully augment operational analytics available to first responders. We thank Globe for recognizing this potential and investing with us in making this a reality," said Katya Klinova, Head of AI for Humanitarian and Development Use at UN Global Pulse. As a supporter of the Sustainable Development Goals, this partnership between Globe and DISHA highlights the importance of digital connectivity in advancing the goals, especially on disaster management. "Our partnership with DISHA provides a crucial data-for-good solution that will enable disaster management agencies and partner organizations to deliver life-saving aid to those who need it the most. Because connectivity is essential in those first critical hours after a disaster, DISHA's Socio-Economic Mapping solution allows Globe to proactively prioritize service availability in shelter areas to enable recovery," said Jenny Echevarria, VP for Enterprise Data and Strategic Services at Globe Meanwhile, the Catholic Relief Services, the Philippine Red Cross, and Oxfam have contributed to refining the DISHA dashboard by providing feedback to improve its usability and effectiveness. The beta-testing program in the country is now expanding, and humanitarian organizations in the Philippines are invited to test and validate the solution. The 2024 GSMA SDG Impact Report highlights DISHA's innovative approach and Globe's role as its data partner in the Philippine pilot run. This initiative supports UN Sustainable Development Goal 11 on sustainable cities and communities and Goal 13 on climate action. To learn more about Globe, visit https://www.globe.com.ph/. To learn more about DISHA, visit https://disha.unglobalpulse.org Sustainability at Globe Globe is a Participant of the United Nations Global Compact and has committed to uphold the Ten Principles in the areas of human rights, labour, environment, and anti-corruption. It also supports 10 out of the 17 UN Sustainable Development Goals, with particular focus on SDG 9 - Industry, Innovation, and Infrastructure, and SDG 13 - Climate Action. As a Participant in the #RaceToZero campaign of United Nations Framework Convention on Climate Change (UNFCCC), Globe has committed to set a science-based target through the Science-Based Targets initiative (SBTi). Learn more about Globe Sustainability by visiting the Globe Sustainability Website and the Globe Annual Integrated Report. Follow us on @GlobeIcon on Facebook and @globe_icon on Instagram, and Globe Telecom on LinkedIn.
SAN FRANCISCO, April 1, 2025 /PRNewswire/ -- At the OFC Conference, from March 30 to April 3, 2025, at San Francisco's Moscone Center, Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) (stock tickers: 601869. SH, 06869.HK) highlighted several new developments in hollow-core fibre technology. During a workshop entitled "How will future submarine systems look like", Dr. LUO Jie, YOFC's Chief Technology Officer, presented groundbreaking advances in the field of hollow-core fibre technology. YOFC's presentation focused on its latest strides in reducing attenuation to a record-low of 0.05dB/km and extending the manufacturing length of single fibres to over 20 kilometers—achievements that not only set new global benchmarks but also starkly outperform traditional solid-core fibres. These technological advancements were demonstrated through a 21.7 km long hollow-core fibre with a proprietary supporting tube structure (ST-HCF). This drew considerable attention at the exhibition for its potential implications in optical communications. Hollow-core fibre technology represents a paradigm shift in optical communications, enabling light to be transmitted through an air core. The design facilitates a 47% increase in transmission speed and a 31% reduction in latency compared to conventional fibres, showcasing the significant potential for applications requiring rapid and efficient data transmission such as in data centers, AI models, and financial trading. Additionally, the technology's exceptionally low attenuation and nonlinearity could potentially address the capacity bottlenecks faced by submarine communication networks and long-distance terrestrial communication lines. In his presentation, Dr. LUO Jie explored both the practical and theoretical enhancements that hollow-core fibres could bring to submarine cable systems, emphasizing their ability to increase data throughput and reduce transmission times in future deployments. YOFC has been at the forefront of hollow-core fibre technology development, leveraging its comprehensive research capabilities and autonomous raw material research system to overcome significant industrial challenges. As the digital economy grows, YOFC's continued innovation in hollow-core fibre technology is set to play a crucial role in supporting the evolution of global digital infrastructure, ensuring it is robust, efficient, and equipped to meet future demands.
Indonesia, Philippines and China showcased the most notable growth in messaging WhatsApp, RCS, Viber, and other chat apps were among the most popular channels driving the rise in conversational messaging KUALA LUMPUR, Malaysia, March 31, 2025 /PRNewswire/ -- Global cloud communications platform, Infobip released its latest Messaging Trends Report, unveiling Asia-Pacific as the world's fastest-growing messaging region, recording a 51% surge in conversational messaging in 2024. The report is based on an analysis of over 530 billion interactions between businesses and consumers on Infobip's platform. According to the research, APAC is spearheading global messaging growth, driven by dynamic markets like Indonesia (59%), the Philippines (33%), and China (29%). Infobip Messaging Trends 2025 Infobip AI Hub data highlights the surge in AI adoption, giving conversational messaging apps a major makeover and enabling richer and more meaningful connections. For instance, WhatsApp usage doubled with 100% growth, driven by seamless in-chat purchasing features. Indonesia led the rise at 110%, followed by India (27%), Singapore (20%), and Malaysia (17%). RCS interactions surged 102% across the region with India (850%) leading the growth chart. Viber also gained 41% more traction in the region, with the Philippines seeing a significant rise in messaging interactions. Additionally, our research shows that customers in the APAC region prefer messaging channels that are culturally and locally relevant. Notably, KakaoTalk—widely used in South Korea—accounts for 87% of customers interactions from Korean brands, with some engagement also seen in from brands in Singapore. In Vietnam, 63% of brand conversations happen on Zalo, a popular local platform. Meanwhile, LINE dominates in Thailand, Taiwan region, and Singapore, contributing to 98% of messaging interactions. As a result, brands are increasingly turning to these local platforms to build stronger, more familiar connections with their end users. Globally, Infobip recorded a 30% increase in the number of brands orchestrating conversational marketing interactions with their customers on its platform. The report also reveals the rapid adoption of conversational messaging across key industries in the region. The Retail and eCommerce sector saw a 169% surge in interactions, with South Korea leading at 371%, followed by Singapore (133%) and the Philippines (16%). Telecom also saw explosive expansion, with China's interactions skyrocketing by 4200% and Indonesia recorded 121% growth. Ivan Ostojic, Chief Business Officer, Infobip said: "The surge in business interactions across APAC reflects a broader shift toward richer, more localized, and conversational messaging experiences. Customers in the region engage best with culturally relevant and language-specific content, driving higher engagement and conversions. Brands have successfully leveraged this approach through personalized RCS, WhatsApp, and Viber campaigns or localized promotions for relevant festivities in the region such as Singles Day, to build stronger customer relationships. As conversational marketing evolves, understanding its suitability is key for businesses to enhance connections with their audiences and ensure seamless, secure, and real-time interactions." For more insights, see the full report here: https://www.infobip.com/messaging-trends-report. About Infobip Infobip is a global cloud communications platform that enables businesses to build connected experiences across all stages of the customer journey. Accessed through a single platform, Infobip's omnichannel engagement, identity, user authentication and contact centre solutions help businesses and partners overcome the complexity of consumer communications to grow business and increase loyalty. It offers natively built technology with the capacity to reach over seven billion mobile devices and 'things' in 6 continents connected to over 9,700+ connections of which 800+ are direct operator connections. Infobip was established in 2006 and is led by its co-founders, CEO Silvio Kutić, Roberto Kutić and Izabel Jelenić. Recent award wins include: Infobip ranked an Established Leader in the Juniper Research Conversational AI Leaderboard (Feb 2025) Infobip named a Leader for the third time in the IDC MarketScape (Feb 2025) Infobip named one of the top CPaaS providers in Metrigy's CPaaS MetriRank Report (Dec 2024) Infobip named number one among Established Leaders in RCS Business Messaging in Juniper Research's RCS Business Messaging Competitor Leaderboard 2024 (Nov 2024) Infobip recognized as the number one provider in the AIT Fraud Prevention market by Juniper Research (Oct 2024) Infobip named a Leader in the Gartner® Magic Quadrant™ for Communications Platform as a Service (CPaaS) 2024 for the second year running (June 2024) Infobip named to Fast Company's Annual List of the World's Most Innovative Companies (March 2024) Omdia Ranks Infobip as Leader for the second year running in its CPaaS Universe Report (Nov 2023)
HONG KONG, March 30, 2025 /PRNewswire/ -- On March 24, the launch ceremony of ADC Submarine Cable's commissioning was successfully held at the Everbright Centre in Hong Kong. The event brought together over a hundred distinguished guests, including prominent figures from the political and business sectors, industry experts, and representatives from leading media organizations. The ADC Submarine Cable project is jointly constructed by China Telecom, China Unicom, Singapore Telecom, Japan's SoftBank, TATA Communications, Vietnam's VIETTEL, Thailand's NT, and the Philippines' PLDT. As the only international submarine cable initiative launched in the Asia-Pacific region over the past nine years, it boasts the highest system transmission capacity and the largest number of fiber pairs in the region. Spanning 9,988 kilometers, the ADC Submarine Cable links mainland China, Hong Kong, Japan, Singapore, and multiple other countries and regions across the Asia-Pacific. Designed with an open cable architecture and cutting-edge high-capacity optical transmission technology, it features a per-fiber pair design capacity exceeding 20 Tb/s, with a total system capacity surpassing 160 Tb/s. By offering diverse routing options, the ADC Submarine Cable significantly strengthens network resilience and stability across the Asia-Pacific, reinforcing the region's digital infrastructure. At the event, Prof. Sun Dong, Secretary for Innovation, Technology and Industry, the Government of HKSAR, emphasized that as a key gateway for the country's opening-up, Hong Kong will fully harness its unique advantages under the "one country, two systems" framework. Leveraging its strategic roles as a "super connector" and "super value-adder," Hong Kong aims to facilitate the global expansion of mainland enterprises while attracting international businesses. The Hong Kong SAR Government remains committed to enhancing the innovation and technology ecosystem through institutional innovation, policy coordination, and international collaboration. He encouraged industry leaders, including China Telecom, to embrace national and SAR government initiatives, capitalize on the opportunities presented by the digital economy, and intensify R&D efforts to drive breakthroughs in artificial intelligence, big data, and other frontier technologies. At the same time, he expressed confidence that more enterprises would actively contribute to Hong Kong's innovation and technology landscape, fostering an open and inclusive ecosystem and reinforcing the city's position as a globally influential hub for technological advancement. Ms. Liu Ying, Executive Vice President of China Telecommunications Corporation Ltd. (hereinafter referred to as "China Telecom"), indicated that the official launch of the ADC Submarine Cable marks a significant milestone in international cooperation. This achievement not only reaffirms China Telecom's long-standing commitment to its global expansion strategy, cloud-network integration, and digital transformation but also ushers in a new era of collaboration with global partners to drive technological progress and shared prosperity. She also highlighted that China Telecom's international business will continue to leverage Hong Kong as a strategic hub, dedicated to fostering a more open and collaborative ecosystem, advancing digital technology innovation, and accelerating the growth of the digital economy. The company remains committed to delivering more efficient, secure, and intelligent communication services to global users while working with industry partners to build a dynamic, inclusive, and mutually beneficial digital landscape. As one of the organizers of the ADC Submarine Cable project, Mr. Yin Jin, CEO of China Telecom Global introduced that the ADC Submarine Cable will add over 50 Tb/s of bandwidth capacity to the Asia-Pacific region, supporting the exponential growth in data demand driven by artificial intelligence, the Internet of Things, and cloud computing. By offering a high-speed and resilient submarine communication network, the project not only enhances international telecommunications cooperation but also plays a vital role in fostering the high-quality development of the digital economy. In alignment with Hong Kong's vision of becoming an International Innovation and Technology Hub, China Telecom Global is accelerating the development of major infrastructure projects, including the Tseung Kwan O Data Center, the Chung Hom Kok Cable Landing Station, and the New Eurasia and New Asia-Pacific submarine cables. The company is also strengthening its R&D capabilities through the establishment of AI and cybersecurity innovation centers, reinforcing its long-term commitment to driving technological progress and contributing to Hong Kong's continued prosperity. As the backbone of the global internet, submarine cables serve as a vital lifeline for international data transmission. In the future, China Telecom will collaborate with major global operators to continuously promote more submarine cable construction projects, further reinforcing the infrastructure that underpins 5G, AI, and digital technologies. By enhancing global connectivity, the company aims to accelerate the digital transformation landscape and contribute to the high-quality advancement of the digital economy.
HONG KONG, March 29, 2025 /PRNewswire/ -- On March 24, the launch ceremony of ADC Submarine Cable's commissioning was successfully held at the Everbright Centre in Hong Kong. The event brought together over a hundred distinguished guests, including prominent figures from the political and business sectors, industry experts, and representatives from leading media organizations. The ADC Submarine Cable project is jointly constructed by China Telecom, China Unicom, Singapore Telecom, Japan's SoftBank, TATA Communications, Vietnam's VIETTEL, Thailand's NT, and the Philippines' PLDT. As the only international submarine cable initiative launched in the Asia-Pacific region over the past nine years, it boasts the highest system transmission capacity and the largest number of fiber pairs in the region. Spanning 9,988 kilometers, the ADC Submarine Cable links mainland China, Hong Kong, Japan, Singapore, and multiple other countries and regions across the Asia-Pacific. Designed with an open cable architecture and cutting-edge high-capacity optical transmission technology, it features a per-fiber pair design capacity exceeding 20 Tb/s, with a total system capacity surpassing 160 Tb/s. By offering diverse routing options, the ADC Submarine Cable significantly strengthens network resilience and stability across the Asia-Pacific, reinforcing the region's digital infrastructure. At the event, Prof. Sun Dong, Secretary for Innovation, Technology and Industry, the Government of HKSAR, emphasized that as a key gateway for the country's opening-up, Hong Kong will fully harness its unique advantages under the "one country, two systems" framework. Leveraging its strategic roles as a "super connector" and "super value-adder," Hong Kong aims to facilitate the global expansion of mainland enterprises while attracting international businesses. The Hong Kong SAR Government remains committed to enhancing the innovation and technology ecosystem through institutional innovation, policy coordination, and international collaboration. He encouraged industry leaders, including China Telecom, to embrace national and SAR government initiatives, capitalize on the opportunities presented by the digital economy, and intensify R&D efforts to drive breakthroughs in artificial intelligence, big data, and other frontier technologies. At the same time, he expressed confidence that more enterprises would actively contribute to Hong Kong's innovation and technology landscape, fostering an open and inclusive ecosystem and reinforcing the city's position as a globally influential hub for technological advancement. Ms. Liu Ying, Executive Vice President of China Telecommunications Corporation Ltd. (hereinafter referred to as "China Telecom"), indicated that the official launch of the ADC Submarine Cable marks a significant milestone in international cooperation. This achievement not only reaffirms China Telecom's long-standing commitment to its global expansion strategy, cloud-network integration, and digital transformation but also ushers in a new era of collaboration with global partners to drive technological progress and shared prosperity. She also highlighted that China Telecom's international business will continue to leverage Hong Kong as a strategic hub, dedicated to fostering a more open and collaborative ecosystem, advancing digital technology innovation, and accelerating the growth of the digital economy. The company remains committed to delivering more efficient, secure, and intelligent communication services to global users while working with industry partners to build a dynamic, inclusive, and mutually beneficial digital landscape. As one of the organizers of the ADC Submarine Cable project, Mr. Yin Jin, CEO of China Telecom Global introduced that the ADC Submarine Cable will add over 50 Tb/s of bandwidth capacity to the Asia-Pacific region, supporting the exponential growth in data demand driven by artificial intelligence, the Internet of Things, and cloud computing. By offering a high-speed and resilient submarine communication network, the project not only enhances international telecommunications cooperation but also plays a vital role in fostering the high-quality development of the digital economy. In alignment with Hong Kong's vision of becoming an International Innovation and Technology Hub, China Telecom Global is accelerating the development of major infrastructure projects, including the Tseung Kwan O Data Center, the Chung Hom Kok Cable Landing Station, and the New Eurasia and New Asia-Pacific submarine cables. The company is also strengthening its R&D capabilities through the establishment of AI and cybersecurity innovation centers, reinforcing its long-term commitment to driving technological progress and contributing to Hong Kong's continued prosperity. As the backbone of the global internet, submarine cables serve as a vital lifeline for international data transmission. In the future, China Telecom will collaborate with major global operators to continuously promote more submarine cable construction projects, further reinforcing the infrastructure that underpins 5G, AI, and digital technologies. By enhancing global connectivity, the company aims to accelerate the digital transformation landscape and contribute to the high-quality advancement of the digital economy.
STOCKHOLM, March 26, 2025 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) (the "Company") held its Annual General Meeting ("AGM") today on March 25, 2025 in Kista, Stockholm. Shareholders were also able to exercise their voting rights by post before the meeting. Adoption of the Income Statements and the Balance Sheets The AGM resolved to adopt the Income Statement and the Balance Sheet for the Company as well as the Consolidated Income Statement and the Consolidated Balance Sheet for the Group for 2024. Dividend The proposed dividend of SEK 2.85 per share was approved by the AGM. The dividend will be paid in two installments: SEK 1.43 per share with the record date Thursday, March 27, 2025, and SEK 1.42 per share with the record date Monday, September 29, 2025. Euroclear Sweden AB is expected to disburse SEK 1.43 per share on Tuesday, April 1, 2025, and SEK 1.42 per share on Thursday, October 2, 2025. Remuneration report The AGM resolved to adopt the Board of Directors' remuneration report for 2024. Discharge from liability The members of the Board and the President were discharged from liability for the financial year 2024. Board of Directors The AGM elected Board members in accordance with the proposal of the Nomination Committee. Jan Carlson was re-elected as Chair of the Board and Jon Fredrik Baksaas, Börje Ekholm, Eric A. Elzvik, Kristin S. Rinne, Jonas Synnergren, Jacob Wallenberg, Christy Wyatt and Karl Åberg were re-elected as Board members. Christian Cederholm and Marachel Knight were elected as new Board members. It was also noted that the unions have appointed Ulf Rosberg, Annika Salomonsson and Kjell-Åke Soting as employee representatives in the Board of Directors with Frans Frejdestedt, Loredana Roslund and Stefan Wänstedt as deputies. Board of Directors' Fees The AGM resolved on fees to the Board of Directors, in accordance with the Nomination Committee's proposal, entailing a yearly fee of SEK 5,000,000 to the Chair of the Board, and fees of SEK 1,300,000 to each of the other non-employee members of the Board, elected by the AGM. Fees for Committee work to non-employee members of the Committees, elected by the AGM, were approved as follows: SEK 560,000 to the Chair of the Audit and Compliance Committee and SEK 320,000 to each of the other members of the Audit and Compliance Committee, SEK 235,000 to the Chair of the Enterprise Business and Technology Committee and SEK 205,000 to each of the other members of the Enterprise Business and Technology Committee, SEK 225,000 to each of the Chairs of the Finance Committee and the Remuneration Committee, and SEK 200,000 to each of the other members of the Finance Committee and the Remuneration Committee. The AGM approved the Nomination Committee's proposal that part of the fees to the members of the Board, in respect of their Board assignment (excluding fees for Committee work), may be paid in the form of synthetic shares. In addition to the fees described above, the AGM resolved, in accordance with the Nomination Committee's proposal, that additional compensation be paid to non-employee Board members elected by the AGM for each physical Board meeting attended in Sweden as follows: Residence of Board member Compensation per meeting Nordic Countries None Europe (non-Nordic) EUR 2,000 Outside of Europe USD 5,000 Auditor The AGM re-elected Deloitte AB as auditor for the period up until the end of the AGM 2026 and approved the Nomination Committee's proposal for the auditor fees. Long-Term Variable Compensation Programs Long-Term Variable Compensation Program 2025 (LTV 2025) The AGM resolved to approve the Board of Directors' proposal on: implementation of LTV 2025 for the Executive Team, including the President and CEO, and for employees classified as Executives, (currently approximately 200 employees), comprising a maximum of 12.7 million B-shares in Ericsson. "Performance Share Awards" will be granted free of charge entitling the participant to receive a number of shares, free of charge, following the expiration of a three-year vesting period, provided that certain performance conditions are met and that the participant retains his or her employment. The 12.7 million B-shares covered by LTV 2025 correspond to approximately 0.38 percent of the total number of registered shares of the Company; a directed issue of 12.7 million C-shares to Skandinaviska Enskilda Banken AB ("SEB"), or subsidiaries of SEB, at a subscription price corresponding to the quota value of the share (approximately SEK 5); authorization for the Board of Directors to, prior to the AGM 2026, resolve on an acquisition offer regarding the 12.7 million C-shares at a price per share corresponding to the quota value of the share; following the acquisition, the C-shares will, in accordance with the articles of association, be converted into B-shares, which thereafter can be transferred to employees and on an exchange; transfer of no more than 10.9 million B-shares, free of consideration, to employees covered by the terms of LTV 2025, with an authorization for the Board of Directors to decide to, in conjunction with the delivery of vested shares under LTV 2025, prior to the AGM 2026, retain and sell no more than 70% of the vested B-shares on Nasdaq Stockholm at a price within the, at each time, prevailing price interval for the share, in order to cover for the costs for withholding and paying tax and social security liabilities on behalf of the participants in relation to the Performance Share Awards for remittance to revenue authorities; and transfer of no more than 1.8 million B-shares on Nasdaq Stockholm, prior to the AGM 2026, at a price within the, at each time, prevailing price interval for the share, to cover certain expenses, mainly social security payments. Addition to the terms of the Long-Term Variable Compensation Programs LTV I 2023, LTV II 2023 and LTV 2024 The AGM resolved to approve the Board of Directors' proposal on an addition to the terms of LTV I 2023, LTV II 2023, and LTV 2024 to ensure compliance as required. The addition shall be included as a new final paragraph under "Allocation of shares" in the respective program. Transfer of treasury stock to employees and on an exchange, directed share issue and acquisition offer for the previously resolved LTV program 2024 (LTV 2024) The AGM resolved to approve the Board of Directors' proposal on: a directed issue of 10.4 million C-shares to SEB, or subsidiaries of SEB, at a subscription price corresponding to the quota value of the share (approximately SEK 5); authorization for the Board of Directors to, prior to the AGM 2026, resolve on an acquisition offer regarding the 10.4 million C-shares at a price per share corresponding to the quota value of the share; following the acquisition, the C-shares will, in accordance with the articles of association, be converted into B-shares, which thereafter can be transferred to employees and on an exchange; transfer of no more than 8.6 million B-shares, free of consideration, to employees covered by the terms of LTV 2024, with an authorization for the Board of Directors to decide to, in conjunction with the delivery of vested shares under LTV 2024, prior to the AGM in 2026, retain and sell no more than 70% of the vested B-shares on Nasdaq Stockholm, at a price within the, at each time, prevailing price interval for the share, in order to cover for the costs for withholding and paying tax and social security liabilities on behalf of the participants in relation to the Performance Share Awards for remittance to revenue authorities; and transfer of no more than 1.8 million B-shares on Nasdaq Stockholm, prior to the AGM 2026, at a price within the, at each time, prevailing price interval for the share, to cover certain expenses, mainly social security payments. Transfer of treasury stock on an exchange for previously resolved LTV programs 2022, I 2023 and II 2023 The AGM resolved to approve the Board of Directors' proposals on: transfer of no more than 2.2 million B-shares on Nasdaq Stockholm, prior to the AGM 2026, at a price within the, at each time, prevailing price interval for the share, to cover certain expenses, mainly social security charges, which may occur in relation to the previously resolved and ongoing LTV programs LTV 2022, LTV I 2023 and LTV II 2023; and authorization for the Board of Directors to decide to, in conjunction with the delivery of vested shares under LTV 2022, LTV I 2023 and LTV II 2023, prior to the AGM 2026, retain and sell no more than 60% of the vested B-shares on Nasdaq Stockholm, at a price within the, at each time, prevailing price interval for the share, in order to cover for the costs for withholding and paying tax and social security liabilities on behalf of the participants in relation to the Performance Share Awards for remittance to revenue authorities. Proposal from a shareholder The AGM resolved to reject the proposal from a shareholder that the AGM should resolve that Ericsson implement a policy ensuring that executive bonuses are disbursed only after all employees have received cost-of-living and performance based salary increases each year. Shares and votes There are in total 3,348,251,735 shares in the Company; 261,755,983 A-shares and 3,086,495,752 B-shares, corresponding to in total 570,405,558.2 votes. The Company's holding of treasury stock as of March 25, 2025, amounts to 15,579,561 B-shares, corresponding to 1,557,956.1 votes. NOTES TO EDITORS: FOLLOW US: Subscribe to Ericsson press releases hereSubscribe to Ericsson blog posts herehttps://twitter.com/ericssonhttps://www.facebook.com/ericssonhttps://www.linkedin.com/company/ericsson MORE INFORMATION AT:Ericsson Newsroommedia.relations@ericsson.com (+46 10 719 69 92)investor.relations@ericsson.com (+46 10 719 00 00) FOR FURTHER INFORMATION, PLEASE CONTACT: Contact personInvestorsDaniel Morris, Vice President, Head of Investor RelationsPhone: +44 7386 657217E-mail: investor.relations@ericsson.com Lena Häggblom, Director, Investor RelationsPhone: +46 72 593 27 78E-mail: lena.haggblom@ericsson.com Alan Ganson, Director, Investor RelationsPhone: +46 70 267 27 30E-mail: alan.ganson@ericsson.com Media Ralf Bagner, Head of Media RelationsPhone: +46761284789E-mail: ralf.bagner@ericsson.com Media RelationsPhone: +46 10 719 69 92E-mail: media.relations@ericsson.com ABOUT ERICSSON:Ericsson's high-performing networks provide connectivity for billions of people every day. For nearly 150 years, we've been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com This information was brought to you by Cision http://news.cision.com https://news.cision.com/ericsson/r/ericsson-s-annual-general-meeting-2025,c4124029 The following files are available for download: https://mb.cision.com/Main/15448/4124029/3344263.pdf Ericssons Annual General Meeting 2025
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