Telefonaktiebolaget LM Ericsson (publ)

Hello, everyone, and welcome to the presentation of Ericsson's fourth quarter 2024 results. With me here in the studio today, Borya Ekholm, our president and CEO, and Lars Sandström, our chief financial officer. 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 plans. Well, thank you, Daniel, and welcome, everyone.

And first of all, of course, thank you for joining us today. So we delivered a solid Q4 results and we made good progress against our strategic priorities in the 2024 overall. Momentum around programmable networks and new ways to monetize them continue to build up. I'd like to start by focusing my comments today really on two key areas. First, the progress against our strategic initiatives. And second, how we position the business to succeed across varying market conditions. with our strategy that aims to build the networks of the future through programmable networks and open API architectures. This will enable our service provider customers to deliver differentiated performance and new applications and new cases to monetize.

The contract, and you remember that, signed with AT&T last year really paved the way for our newest agreement with Mass Orange, which we signed during the quarter.