Jan Frykhammar, whom he replaces, will remain a member of the board, as well as executive vice president and advisor to the CEO.<\/p>\n
Ericsson\u2019s new CEO B\u00f6rje Ekholm pledged to take the company through its \u201cperiod of intense change\u201d to see it emerge as an \u201ceven stronger leader,\u201d as he took the reins at the company.<\/p>\n
In a statement, Ekholm spoke optimistically about the company\u2019s position in the development of 5G and reiterated his aim to return the company to success.<\/p>\n
\u201cAs a company and an industry we are going through a period of intense change,\u201d he said. \u201cOur job is to ensure that Ericsson emerges as an even stronger leader, providing the industry and our customers with superior products, services and solutions. We will ensure that Ericsson remains at the forefront of technological development \u2013 across all parts of our portfolio and markets. Our task is to make our customers successful, which in turn will make us successful.\u201d<\/p>\n
Ekholm takes over a company mid-way through significant restructuring and cost-cutting measures, which included moves to reduce its Swedish workforce by 3,000.<\/p>\n
The appointment, announced in October, brings to an end the six month tenure of interim boss Jan Frykhammar, who took over following the resignation of long-term CEO Hans Vestberg in July last year and who remains on Ericsson\u2019s executive team in an advisory role.<\/p>\n
Coinciding with Ekholm\u2019s first day, the company revealed details of a deal to provide Vodafone Hutchison Australia (VHA) with hardware and software to virtualise the operator\u2019s core and IP network.<\/p>\n
The agreement is a result of its high-profile Cisco partnership and Ericsson said it marks the first time the two companies have collaborated on telecoms cloud infrastructure for an operator.<\/p>\n
VHA CTO Kevin Millroy said the new infrastructure \u201copens the door to new business models and markets,\u201d citing the development of Internet of Things technologies as a particular aim for the company.<\/p>\n
An Ericsson spokesperson told Mobile World Live<\/em> the deal is one of the largest it has signed as part of its Cisco partnership.<\/p>\n \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" Jan Frykhammar, whom he replaces, will remain a member of the board, as well as executive vice president and advisor to the CEO. Ericsson\u2019s new CEO B\u00f6rje Ekholm pledged to take the company through its \u201cperiod of intense change\u201d to see it emerge as an \u201ceven stronger leader,\u201d as he took the reins at the\u2026<\/p>\n","protected":false},"author":2,"featured_media":3195,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_scj_primary_category_id":128,"_scj_featured":true,"_scj_featured_from":"","_scj_featured_until":"","_scj_featured_order":2006,"_scj_visibility_class":"current","_scj_layout_family":"standard","_scj_article_style":"","_scj_display_overrides":[],"_scj_intro_image_id":3195,"_scj_intro_alt":"B\u00f6rje Ekholm","_scj_intro_caption":"","_scj_intro_class":"","_scj_intro_float":"","_scj_full_image_id":3195,"_scj_full_alt":"B\u00f6rje Ekholm","_scj_full_caption":"B\u00f6rje Ekholm","_scj_full_class":"","_scj_full_float":"","_scj_media_type":"","_scj_media_provider":"","_scj_media_external_id":"","_scj_media_url":"","_scj_media_poster_id":0,"_scj_media_width":0,"_scj_media_height":0,"_scj_media_aspect_ratio":"","_scj_media_description":"","_scj_gallery_items":[],"_scj_related_post_ids":[],"_scj_additional_authors":[],"scj_layout_family":"standard","scj_media_provider":"","scj_media_url":"","scj_full_caption":"B\u00f6rje Ekholm","footnotes":""},"categories":[128],"tags":[4235,225,4163],"class_list":["post-3197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-5g","tag-ict","tag-internet"],"yoast_head":"\n