Global Market: Nokia Q2 profit beats estimates on strong AI, cloud demand; raises full-year outlookNokia reported stronger second-quarter earnings, surpassing analyst expectations significantly. Robust demand from artificial intelligence ...
23 Jul, 2026, 12.00 PM IST
Ericsson to raise telecom equipment prices as AI boom drives up component costsAmid rising component costs fueled by the Al surge, Ericsson is adjusting its pricing strategy for new tenders and renegotiating its contra...
14 Jul, 2026, 09.22 PM IST
Global Market: European shares fall as US-Iran tensions rattle markets; BP gains, Ericsson slumpsEuropean shares fell at the open as escalating US-Iran tensions dented risk appetite, while investors assessed earnings from BP, Ericsson a...
14 Jul, 2026, 01.24 PM IST
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...
23 Jan, 2026, 02.29 PM IST
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-...
16 Apr, 2025, 07.08 AM IST
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...
25 Jan, 2025, 12.17 AM IST
'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...
15 Jul, 2023, 12.39 AM IST
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...
16 Jul, 2021, 11.56 AM IST
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...
21 Apr, 2021, 03.55 PM IST
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 ...
18 Sep, 2020, 01.13 PM IST
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.
27 Jan, 2015, 02.56 PM IST
- Sony Ericsson posts net loss of 207 million euro in Dec quarter
The company's sales fell to 1.28 billion euros in the fourth quarter ended December 31 from 1.52 billion in the year-ago period, Sony Erics...
19 Jan, 2012, 06.01 PM IST
- Sony Ericsson back in black in 2010, 4th quarter disappoints
Sony Ericsson, which in 2010 shipped 43.1 million phones, said it "forecasts modest growth in units in the global handset market for 2011."
20 Jan, 2011, 06.17 PM IST
- Ericsson more than doubles profit in Q2
Swedish wireless equipment maker LM Ericsson AB said Friday its net profit more than doubled in the second quarter, boosted by improved mar...
23 Jul, 2010, 12.12 PM IST
- Ericsson posts 35 percent drop in 1Q profit
Wireless equipment maker LM Ericsson on Thursday reported a 35 percent fall in first-quarter net profit due to weak results from its handse...
30 Apr, 2009, 12.56 PM IST
- Ericsson offers to buy billing software company LHS
Ericsson AB, the world's largest maker of mobile-network equipment, offered to buy billing and customer software producer LHS AG for 310 mi...
05 Jun, 2007, 05.30 PM IST
- Ericsson Q2 profit beats forecast
Ericsson, the world's largest supplier of mobile phone network equipment, reported second quarter earnings and operating margins above fore...
21 Jul, 2006, 12.49 PM IST