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ERICSSON EARNINGS
In 1994, Engineer Jaap Haartsen tried to end the nightmare of tangled wires at Ericsson: His secret wireless idea became the Bluetooth technology we use every dayThe brilliance of Bluetooth lies in how effortless it feels to everyday users. Most people never have to think about radio frequencies, wir...- Boost R&D or lag in 6G race, MoS Chandra Sekhar Pemmasani tells telcos as revenues surgeMinister Chandra Sekhar Pemmasani urged Indian telecom operators to boost R&D spending to shape next-generation mobile networks, noting the...
- Ericsson to continue job cuts, CEO saysSwedish telecom giant Ericsson plans further job cuts. CEO Borje Ekholm confirmed headcount reductions are ongoing. This follows a previous...
- Ericsson Q1 sales slide as telcos dial down capexAs per its quarterly earnings statement, Ericsson announced its first programmable network in Asia-Pacific with Telstra; agreed on a multi-...
- Lower 5G Spends by top Indian telcos hit Ericsson's sales in Q4Ericsson reported a 28% drop in sales to 8.4 billion crowns in Southeast Asia, Oceania, and India for Q4 2024. The decline was due to reduc...
- Ericsson's SE Asia, Oceania, India sales fall 44% YoYEricsson's sales in the Southeast Asia, Oceania and India market area plunged to 7.7 billion crowns (₹6,116 crore approx) in Q2 2024, from ...
- Lava to explore legal options after court ruling in Ericsson caseThe High Court asked Lava to pay Rs 244 crore in damages along with 5% interest to Ericsson for infringing on the latter’s 2G and 3G patent...
- 'Ericsson's strong India sales help offset weak demand in US and other markets'"Sales growth in India partly offset the expected softening we saw in other markets, notably in North America, where build-out pace moderat...
- Ericsson's 5G march hits a wall in ChinaWhile both Ericsson and Nokia have benefited from the ban on Huawei in several countries, the exclusion of the Chinese company in Sweden is...
- Sweden's Ericsson core profit beats forecast, patent fight casts shadowThe coronavirus crisis has fast-tracked 5G adoption as governments prioritise digital growth, boosting telecom equipment makers such as Eri...
- Ericsson to buy wireless networking firm Cradlepoint in $1.1 billion dealThe deal, Ericsson's largest in more than a decade, would give it access to tools that can connect devices using the so-called Internet of ...
- Ericsson India Q4 revenue up 20 per centThe global Services sales showed strong development mainly as a result of the first pan-India managed services contract, the company said.
- Sony Ericsson back in black in 2010, 4th quarter disappointsSony Ericsson, which in 2010 shipped 43.1 million phones, said it "forecasts modest growth in units in the global handset market for 2011."
- Ericsson more than doubles profit in Q2Swedish wireless equipment maker LM Ericsson AB said Friday its net profit more than doubled in the second quarter, boosted by improved mar...
- Ericsson buys Nortel wireless units for $1.13 bnSwedish wireless equipment maker LM Ericsson said it had penned a deal to buy a majority of Nortel Networks' North American wireless busine...
- Ericsson posts 35 percent drop in 1Q profitWireless equipment maker LM Ericsson on Thursday reported a 35 percent fall in first-quarter net profit due to weak results from its handse...
- Sony Ericsson issues profit warning after 2008 lossesMobile phone maker Sony Ericsson on Friday issued a profit warning for its first-quarter results, saying sales and earnings were being hit ...
- Ericsson offers to buy billing software company LHSEricsson AB, the world's largest maker of mobile-network equipment, offered to buy billing and customer software producer LHS AG for 310 mi...
- Mobile JV helps Ericsson post 17% rise in Q3 profitEricsson, the world’s largest maker of cellular networks, reported its first profit increase this year after record earnings at the mobile-...
- Ericsson Q2 profit beats forecastEricsson, the world's largest supplier of mobile phone network equipment, reported second quarter earnings and operating margins above fore...
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