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Latest Articles in ericsson

Ericsson To Buy Wireless Networking Firm Cradlepoint In $1.1 Billion Deal

The transaction, expected to close before the end of this year, will hurt Ericsson's operating margins by about 1% in 2021 and 2022, and contribute to operating cash flow starting in 2022.

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Nokia's Largest Shareholder Solidium Raises Stake To Over 5%

Solidium became an investor in Nokia in 2018 after buying a 3.3% stake for about 844 million euros (753.48 million pounds), and has been increasing its stake since late last year.

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Ericsson Second-Quarter Core Profit Beats Forecast

Total revenue for the telecom equipment maker, a rival of China's Huawei Technologies Co Ltd and Finland's Nokia, rose 1% to 55.6 billion crowns.

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Japan's NTT To Invest $560 Million In NEC To Catch Up In 5G Race

NEC and NTT also said they plan to work together on post-5G technologies, including all-photonics networking and computing technologies being developed by NTT.

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Ericsson Flags Losses From China 5G Contracts, Takes 1 Billion SEK Charge

China's three largest telecom operators - China Mobile, China Telecom and China Unicom - have awarded 5G contracts worth billions of dollars this year, mostly to Huawei and ZTE, according to media reports.

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Investor AB Upped Stakes In ABB, Ericsson, Electrolux Professional In First Quarter

The investment firm said it invested 1.6 billion Swedish crowns ($158.84 million) in ABB, 1.1 billion in Ericsson and 160 million in Electrolux Professional.

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U.S. Interest Lifts Shares In Huawei Rivals Ericsson, Nokia

U.S. Attorney General William Barr said in a speech on Thursday that the United States and its allies should consider the highly unusual step of taking a "controlling stake" in one or both of the Nordic rivals to Huawei.

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Nokia Second-Quarter Beats Forecasts On Solid Demand; Maintains Outlook

The company said its second-quarter revenue rose 7% from a year ago to 5.69 billion euros ($6.34 billion), boosted by growth in North America.

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Reliance Communications Jumps After Mukesh Ambani Bails Out Brother Anil On Ericsson Dues

Telecom equipment maker Ericsson received Rs 4.62 billion from RCom as unpaid dues from a deal it had signed in 2014

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Reliance Communications Says Committed To Settle Dues With Ericsson

RCom was yet to receive approval from the telecom department to proceed with the sale of its wireless assets

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Airtel, Ericsson Claim 500 Mbps Download Speed On Smartphones Under New Tech

Both companies jointly conducted India's first trial of Licensed Assisted Access (LAA) technology over a live 4G network

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Ericsson Sees 5G Subscriptions Hitting 1.5 Billion In 2024

The first commercial 5G subscriptions in Europe are expected in 2019, Ericsson said in its semi-annual Mobility Report

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Ericsson And Bharti Airtel Bring 5G To Life At India Mobile Congress 2018

“5G networks have the potential to truly transform lives," states Randeep Sekhon, CTO - Bharti Airtel

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Ericsson Establishes 5G Centre of Excellence At IIT Delhi

With data consumption on the rise, India seems to be the ideal spot for innovation and development of 5G

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Reliance Communications' Settlement With Ericsson Over Dues Unlikely For Now

India's bankruptcy court earlier this week admitted an insolvency plea filed by Ericsson against debt-laden RCom, as the company is widely known, potentially derailing the Indian telecoms firm's plans to sell assets to larger rival Reliance Jio to cut debt

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