Ericsson
Mobile Broadband Subscriptions Hit 1.7 in 1Q
June 3, 2013 10:08 am | by Andrew Berg | News | CommentsGlobal 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 | CommentsWireless 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 | CommentsEricsson 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 | CommentsST-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...
First News Briefs for February 15, 2013
February 15, 2013 10:58 am | by Wireless Week Staff | News | CommentsNokia Siemens Networks is launching a suite of products and services to help operators cut through the growing complexity of running mobile broadband networks. The new products and services are required as operators expand 3G networks, roll out LTE and deploy small cells.
Ericsson Improves in 4Q, Takes Loss on Joint Venture Charge
January 31, 2013 7:37 am | by Andrew Berg | News | CommentsNetwork equipment maker Ericsson posted a $986 million net loss on a $1.2 billion charge related to the company’s struggling semiconductor business. Revenue was up five percent from the same quarter last year, and 23 percent sequentially. The loss was telegraphed by the...
Ericsson Sells Patents to Unwired Planet
January 11, 2013 2:18 pm | by Ben Munson | News | CommentsUnwired Planet announced Thursday that has purchased 2,185 patents from the Ericsson, 753 of which are U.S. patents related to 2G, 3G and LTE technologies. According to the statement, the deal also stipulates Ericsson will contribute another 100 patents a year to Unwired Planet, from 2014 to 2018.
STMicroelectronics to exit Ericsson joint venture
December 10, 2012 9:39 am | by Associated Press | News | CommentsEurope's largest chipmaker, STMicroelectronics NV, said Monday it plans to exit its money-losing joint venture ST-Ericsson, as it struggles to manage a downturn in global demand. Swiss-based STMicroelectronics said it is negotiating "exit options" from ST-Ericsson, its joint venture with Swedish telecommunications company Ericsson.
Ericsson Profits Double on Smartphone Unit Sell-Off
April 25, 2012 7:10 am | by Maisie Ramsay | News | CommentsEricsson managed to double its first-quarter profits despite slumping sales after its divestiture of its smartphone business buoyed its bottom line.
Ericsson to Lay Off Some North America Employees
March 8, 2012 6:50 am | by Maisie Ramsay | News | CommentsThe layoffs will hit "less than 10 percent" of its employees across all its groups, a spokeswoman said, but did not confirm reports...
Ericsson Boosts HetNet Offering with BelAir Acquisition
February 21, 2012 7:26 am | by Maisie Ramsay | News | CommentsEricsson is buying Canadian Wi-Fi specialist BelAir Networks as part of a move to develop telecommunications equipment that integrates both Wi-Fi and cellular technologies.
Ericsson's Vestberg Brings Wireless Vision to CES
January 12, 2012 7:12 am | by Andrew Berg | News | CommentsWhile Vestberg has presented at a number of CTIA conferences, Wednesday marked his first CES keynote, which is telling.
Ericsson Forecasts 10-fold Data Traffic Increase by 2016
November 8, 2011 7:04 am | by Monica Alleven | News | CommentsIn its latest Traffic and Market Data report, Ericsson forecasts a 10-fold increase in mobile data traffic by 2016.
3Q Group Sales Up for Ericsson
October 20, 2011 8:47 am | by Monica Alleven | News | CommentsShares in Ericsson were up more than 6 percent, to $10.28, in early morning trading after the company reported better-than-expected third-quarter results.
Ericsson Posts Strong Quarter, But Shares Trade Down
July 21, 2011 8:24 am | by Monica Alleven | News | CommentsEricsson's biggest problems seem to be coming not from itself but in the two joint ventures in which it is invested.
Ericsson to Buy Telcordia for $1.15B
June 14, 2011 8:19 am | by Maisie Ramsay | News | CommentsEricsson said today it is buying OSS/BSS company Telcordia for $1.15 billion in a bid to expand its services...
Clearwire Outsources Network to Ericsson in 7-Year Deal
May 18, 2011 8:13 am | by Maisie Ramsay | News | CommentsClearwire has outsourced the management of its WiMAX network to Ericsson in a seven-year deal similar to Sprint's managed services contract...
Ericsson Profits Surge on Mobile Broadband Demand
April 27, 2011 8:15 am | by Malin Rising, Associated Press | News | CommentsEricsson says profits more than tripled in the first quarter, driven by continued strong demand for mobile broadband.
Ericsson, NetAmerica Work on Rural Broadband
March 31, 2011 10:19 am | by Maisie Ramsay | Articles | CommentsEricsson is getting in on the increased demand for mobile broadband services in rural areas of the United States.
Ericsson CEO Keeps Eye on the Ball
March 31, 2011 10:11 am | by Monica Alleven | Articles | CommentsHans Vestberg, president and CEO of Ericsson, knows how to lead a team.
Mobile Broadband Drives Sales for Ericsson
January 25, 2011 6:50 am | by Monica Alleven | News | CommentsEricsson reported an 8 percent year-over-year increase in group sales in the fourth quarter, mainly driven by strong development in mobile broadband.
Ericsson: Mobile Broadband Subs to Hit 1B in 2011
January 11, 2011 7:32 am | by Maisie Ramsay | News | CommentsEricsson estimates that the number of global mobile broadband subscriptions will reach 1 billion this year.
From Snow to Silicon
December 7, 2010 11:21 am | Blogs | CommentsEricsson's presence in Silicon Valley makes a lot of sense. But it's a long way from the Arctic Circle.
For Ericsson, Sprint Deal Expands Relationship Even More
December 7, 2010 7:15 am | by Monica Alleven | News | CommentsNow we know why Angel Ruiz, head of Ericsson North America, was a no-show at a conference in Silicon Valley where he was scheduled to speak last week.
Ericsson Chairman Treschow to Step Down
December 6, 2010 7:35 am | by Andrew Berg | News | CommentsMichael Treschow today announced that he will be stepping down from his position as chairman of Ericsson in 2011 or 2012.
