Skip to Primary Navigation

Skip to main content

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
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

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

, , , , , , , ,

Subscribe to continue reading

Subscribe to our Premium plan for full access to every article like this one, plus exclusive interviews, podcasts, and more.

Subscribe

Already have Premium? Sign in