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Ericsson pleads guilty and pays $206m after breaching 2019 FCPA agreement

Installing Ericsson's 5G radios at Telstra's Innovation Centre on the Gold Coast, Australia
Photo: Ericsson

Martina Lindberg

3 min read
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The company breached the Deferred Prosecution Agreement from 2019 by violating cooperation and disclosure provisions.

Failure to comply with the terms of a 2019 Deferred Prosecution Agreement (DPA) has cost telecomms giant Ericsson $206m in an additional criminal penalty. The company has agreed to plead guilty. 

The Department of Justice said Ericsson breached the DPA “by violating the agreement’s cooperation and disclosure provisions”. The company

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