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Ericsson 1Q Sales Drop 7% on Network Build Slowdown in North America, Japan

April 23, 2014 10:17 am | by Ben Munson | News | Comments

Ericsson’s first quarter sales fell 7 percent on the winding down of North American and Japanese network projects. First-quarter sales came in at 47.5 billion Krona ($7.2 billion), down from 52 billion Krona ($7.9 billion) in the same quarter a year ago.

FirstNews Briefs: Ericsson, zBoost, magicJack, RealNetworks

April 10, 2014 10:23 am | by Wireless Week Staff | News | Comments

Ericsson has introduced a new 50W DC/DC converter module that targets Power-over-Ethernet (PoE)...

FirstNews Briefs: Wireless Broadband Alliance, Ericsson, Ciena, Anite, CommScope

February 14, 2014 10:10 am | by Wireless Week Staff | News | Comments

Ericsson and Ciena today announce a strategic...

Ericsson Emphasizes Software, Virtualization with MWC Plans

February 12, 2014 10:58 am | by Andrew Berg | News | Comments

Ericsson is putting an emphasis on software and cloud-based solutions, as the wireless industry...

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Google, Cisco Sign Patent Cross-Licensing Agreement

February 4, 2014 10:18 am | by Ben Munson | News | Comments

Google and Cisco have signed a “long-term” patent cross-licensing agreement. The companies said the agreement will increase the value taken from their respective portfolios and, more importantly, diffuse some of the risk for future litigation. Google’s new agreement with Cisco comes shortly after the company entered similar agreements with Samsung and Ericsson related to GSM, UMTS, and LTE standards for both networks and handsets.

Ericsson Announces Lab to Facilitate SDN Projects

February 4, 2014 10:05 am | by Andrew Berg | News | Comments

Ericsson Tuesday announced a new initiative to help enable the development and testing of new projects in the area of Software Defined Networking (SDN). As part of the program, Ericsson is opening a lab called the OpenDaylight community, which will be based at Ericsson's campus in San Jose, California. 

FirstNews Briefs: Ericsson, Qualcomm, WIND Mobile, Spirent, Nubo, Orange

January 31, 2014 10:14 am | by Wireless Week Staff | News | Comments

Ericsson and Qualcomm Technologies, Inc. successfully completed an inter-vendor interoperability testing of LTE Category 6, based on commercial LTE chipsets and infrastructure supporting Telstra's carrier aggregation bands. Final stages of testing were completed in collaboration with Telstra, whose LTE Advanced network in Australia is being readied for Category 6 commercial launch.

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Ericsson Posts Q4 Profit, Flat Sales

January 30, 2014 9:20 am | by Associated Press | News | Comments

Wireless equipment maker Ericsson swung to a profit in the fourth quarter, reporting flat sales but higher margins. The Swedish company on Thursday posted a net profit of 6.41 billion kronor ($1 billion) compared with a loss of 6.46 billion kronor in the same period last year, when it took an 8-billion-kronor one-time charge related to a joint venture.

Ericsson, Google, Samsung Sign License Agreements to Ease Patent Spats

January 27, 2014 9:39 am | by Andrew Berg | News | Comments

Ericsson, Google and Samsung are looking to play nice by signing cross-license agreements that will put many of their existing arguments to rest. According to a press, Ericsson has agreed to a cross-license agreement with Samsung that covers patents relating to GSM, UMTS, and LTE standards for both networks and handsets. 

Report: Microsoft Considers Ericsson's Vestberg for CEO Post

January 16, 2014 10:38 am | by Andrew Berg | News | Comments

The news, first reported by Bloomber, comes after speculation that Microsoft had its eye on Ford Motor Company's top executive, Alan Mulally. Mulally has since panned those rumors, eventually removing himself from consideration. Vestberg is an Ericsson veteran who originally served as CFO for the company before accepting the role of CEO in 2010. 

Ericsson: Toll-Free Data Will See Traction

January 10, 2014 9:37 am | by Andrew Berg | News | Comments

Putting aside the net neutrality concerns of AT&T's recently announced Sponsored Data solution, Lejla Maric, director of TV and media engagement practice at Ericsson, said she believes the idea is here to stay. "We believe [this will catch on], because obviously it's a new way for operators to engage with the content providers," Maric said.

CES: AT&T Announces Connected Car Platform, Partners with Tesla and Audi

January 7, 2014 10:26 am | by Ben Munson | News | Comments

AT&T yesterday announced the AT&T Drive, a new modular connected car platform, and the AT&T Drive Studio, an Atlanta-based connected car center, to go along with it. AT&T Drive is a telematics platform for automakers that will enable functionality like connectivity, analytics and infotainment.

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Worldwide Mobile Broadband Subscriptions Top 2 Billion

November 11, 2013 10:17 am | by Ben Munson | News | Comments

Global mobile broadband subscriptions for the third quarter grew about 40 percent annually and topped two billion, accounting for a large portion of the 6.6 billion mobile subscriptions worldwide. Ericsson’s latest mobility report sees the growth trend for mobile broadband continuing, predicting mobile broadband subscriptions will quadruple by 2019, hitting eight billion worldwide.

Ericsson Sees Steady Growth for Network Equipment Market

November 6, 2013 10:41 am | by Andrew Berg | News | Comments

Ericsson expects steady growth rates comparable with last year for the network equipment market. During the company's 2013 Investor Day, Ericsson said it estimates that the total network equipment market will show a Compund Annual Growth Rate (CAGR) of 3-5 percent.

Ericsson Spotlights Tokyo as Model for Smart Cities

November 4, 2013 2:27 pm | by Andrew Berg | Articles | Comments

Japan has emerged as one of the world leaders in mobile broadband deployments. Home to 35 million people, Tokyo is one of the largest, most sophisticated and connected cities on the planet. It is Tokyo's density, as well as its technological savvy that made it the perfect site for Ericsson's fifth annual Business Innovation Forum last week.

Apple, Microsoft Sue Samsung, Google Over Nortel Patents

November 1, 2013 10:09 am | by Ben Munson | News | Comments

Reuters reports that Rockstar, the group that in 2011 successfully bid $4.5 billion in a bankruptcy auction for Nortel’s patents, has filed suit for patent infringement against Samsung, Google, HTC, Huawei and four other companies.  Rockstar is co-owned by Apple, Microsoft, BlackBerry, Sony and Ericsson.

SoftBank Taps Ericsson for VoLTE

October 31, 2013 9:12 am | by Andrew Berg | News | Comments

TOKYO - Ericsson today announced that its VoLTE solution was selected by Japanese carrier SoftBank. Ericsson says its VoLTE solution will provide SoftBank customers with telecom-grade HD voice, video calling over LTE. The company also claims its VoLTE solution will allow SoftBank to better utilize its spectrum.

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Ericsson 3Q Margins Miss as Carriers Slow Investments

October 24, 2013 9:28 am | by Andrew Berg | News | Comments

Wireless equipment maker Ericsson AB reported revenue of $8.3 billion, down 2.9 percent over the same quarter last year. Profit margin were off what analysts had expected as well. Third-quarter gross margins hit 32 percent, up two precent annually. Analyst expectations had been closer to 33 percent.

Ericsson Unveils Tiny Cellular Radio for In-Building Coverage

September 25, 2013 10:39 am | by Andrew Berg | News | Comments

Ericssion today unveiled a cellular radio that is small enough to fit a person's hand but provides enough indoor network coverage for a crowd. The disk-shaped solution is called Ericsson Radio Dot System. The company says it addresses a broad range of scenarios for providing in-building broadband services. 

First News Briefs: Texas Instruments, Digi International, Ericsson, Ciena, Omnilink

September 12, 2013 10:27 am | by Wireless Week Staff | News | Comments

Digi International and Ericsson, a provider of communications technology and services to telecom operators, today announced a collaboration to enable easy access and control of remote devices used in machine-to-machine (M2M) applications throughout China.

China Mobile Awards $3.2B in 4G Equipment Contracts

August 23, 2013 9:55 am | by Andrew Berg | News | Comments

Huawei and ZTE have snagged 50 percent of the $3.2 billion worth of the contracts to build out China Mobile's TD-LTE network. Nokia Siemens and Ericsson each landed 11 percent shares of the project, while Alcatel-Lucent secured a 13 percent share of the business...

Group Aims to Bring Internet to 5B More People

August 21, 2013 10:18 am | by Andrew Berg | News | Comments

A consortium of technology companies that includes Ericsson, Facebook, Nokia, Samsung, and others, today announced an initiative to bring Internet access to more of the world. The project, called internet.org, was announced today by Facebook founder Mark Zuckerberg who noted...

Ericsson, Telstra Demonstrate LTE-A CA Down Under

August 12, 2013 10:08 am | by Andrew Berg | News | Comments

Ericsson is demonstrating one of the key features of LTE-Advanced in Australia with an announcement today that provider Telstra had used carrier aggregation on 1800 MHz and 900 MHz bands. According to a press release, Telstra was able to transfer...

Ericsson, ST Complete Breakup of Joint Venture

August 5, 2013 10:20 am | by Andrew Berg | News | Comments

Ericsson and STMicroelectronics today announced the official breakup of the ST-Ericsson joint venture. Closing of the transaction follows on the initial announcement the companies made on March 18, 2013. Effective August 2, 2013 Ericsson has taken on the design, development and sales...

Ericsson Sees 2Q Earnings Jump Despite Flat Sales

July 18, 2013 9:28 am | by Associated Press | News | Comments

STOCKHOLM (AP) — Wireless equipment maker Ericsson AB's second-quarter earnings grew 26 percent compared to a year ago thanks to higher gross margins and lower operating costs, while sales were flat for the period due to currency fluctuations, the company said Thursday.

Mobile Broadband Subscriptions Hit 1.7B in 1Q

June 3, 2013 10:08 am | by Andrew Berg | News | Comments

Global mobile broadband subscriptions grew 45 percent in the first quarter of 2013 to 1.7 billion, according to Ericsson's latest mobility report. Including non-broadband mobile subscriptions, global mobile subscribers hit 6.4 billion in the most recent quarter, with Ericsson projecting...

Ericsson Q1 Profits Dive on Restructuring Costs

April 24, 2013 10:26 am | News | Comments

Wireless equipment maker Ericsson said Wednesday that a 2 percent gain in sales in the first quarter was not enough to prevent an 86 percent slump in net profit as it booked costs connected with downsizing its Swedish operations. Sales rose to 52 billion kronor...

Ericsson Acquires Microsoft's Mediaroom Business

April 8, 2013 10:36 am | by Andrew Berg | News | Comments

Ericsson today announced that it has reached an agreement to acquire Microsoft's Mediaroom business. The business will give Ericsson a boost in providing IPTV and multi-screen solutions. Closing companies expect the deal to close during the second half of 2013...

STMicroelectronics, Ericsson to Dissolve Joint Venture, Expects 1600 Layoffs

March 18, 2013 9:39 am | by Andrew Berg | News | Comments

ST-Ericsson has ended a search for a buyer of the joint venture of STMicroelectronics and Ericsson with today's announcment of what it's calling a "global workforce review" that will return much of the joint venture's workforce to its parent companies and result in approximately 1600 layoffs...

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