Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) Q3 2024 Earnings Conference Call October 15, 2024 3:00 AM ET

Company Participants

Daniel Morris - Head of IR
Borje Ekholm - President and CEO
Lars Sandstrom - CFO

Conference Call Participants

Alex Duval - Goldman Sachs
Joachim Gunell - DNB Markets
Francois Bouvignies - UBS
Andreas Joelsson - Carnegie
Sebastien Sztabowicz - Kepler Cheuvreux
Erik Rojestal - SEB
Jakob Bluestone - BNP Paribas
Rob Sanders - Deutsche Bank
Sandeep Deshpande - JPMorgan
Daniel Djurberg - Handelsbanken
Andrew Gardiner - Citi
Sami Sarkamies - Danske Bank
Felix Henriksson - Nordea Markets
Terence Tsui - Morgan Stanley
Didier Scemama - Bank of America Merrill Lynch

Daniel Morris

Hello, everyone, and welcome to the presentation of Ericsson's Third Quarter 2024 Results. With me here in the studio today, Borje Ekholm, our President and CEO and our CFO, Lars Sandstrom.

As usual, we'll have a short presentation followed by Q&A. And in order to ask a question, you'll need to join the conference by phone. Details can be found in today's earnings release and on the investor relations website.

Please be advised that today's call is being recorded and that today's presentation may include forward-looking statements. These statements are based on our current expectations and certain planning assumptions, which are subject to risk and uncertainties. The actual results may differ materially due to factors mentioned in today's press release and discussed in this conference call. We encourage you to read about these risks and uncertainties in our earnings report, as well as in our annual report.

I'll now hand the call over to Borje and Lars for their introductory comments.

Borje Ekholm

Thank you, Daniel. Good morning, everyone, and welcome to this earnings call for third quarter. So we delivered a solid Q3, marked by a period of intense focus on strategic and operational execution.

But let me start by commenting on our strategy, which aims at building the networks of the future, which will deliver differentiated performance through programmable networks. So these programmable networks will enable applications that can be monetized in new ways where differentiated performance matters. This means creating new use cases for mobile technology, expanding beyond the best effort consumer mobile broadband, and that would include new use cases as enterprise and mission critical. And this will also enable our operator customers to add new revenue streams beyond the current best effort consumer broadband offerings.