Paul Rasmussen
Keith MallinsonTag:
Hans Vestberg
Latest Headlines
Latest Headlines
Ericsson misses Q1 forecasts, says quarter in line with own expectations
Ericsson reported a bigger decline in profit than analysts expected in the first quarter of 2013, but the Swedish equipment manufacturer said the quarter was in line with its own expectations and expects softer areas of development to balance out over the year.
Ericsson CEO: 90% of network traffic will be video
BARCELONA, Spain—Infrastructure vendor Ericsson kicked off the 2013 Mobile World Congress trade show with some bold predictions, including the forecast that 90 percent of network traffic will be video.
Ericsson's Q4 turnaround driven by booming N. American sales
Ericsson surprised analysts by reporting fourth-quarter sales figures above estimates helped by North American orders rising sharply to €1.97 billion the fourth quarter, a 51 per cent increase. overall net sales grew 5 per cent year-over-year to €7.77 billion.
Ericsson's North American sales surge, vendor predicts improving margins
Ericsson posted a net loss for the fourth quarter due to an expected write down from its ST-Ericsson joint venture, but the networking giant also reported rising revenue and strong results from the North American market, which cheered investors.
Ericsson to take $1.2B charge in Q4 related to ST-Ericsson venture
Ericsson said it will take a $1.2 billion charge in the fourth quarter related to its money-losing chipset joint venture with STMicroelectronics, ST-Ericsson, as it explores future options for the company.
Ericsson's Q3 profits tumble 43% as operators rein in spending
Ericsson said its profit in the third quarter fell by 43 per cent as operators around the world curbed spending on network equipment.
Ericsson posts 43% slump in Q3 profit, despite strong North American sales
Ericsson reported that its net profit declined 43 percent in the third quarter as weaker network sales and cautious operator spending weighed down its results. Slimmer profits from large-scale network modernization projects weakened the company's margins, and weaker sales in key regions depressed earnings, but the Swedish vendor got a boost from strong North American sales.
Wireless execs: If I were starting over in the industry
FierceWireless queried a range of top industry executives to get their perspectives on what they might have done differently if they were starting over in the industry.
Wireless executives: If I were starting over in the industry
FierceWireless queried a range of top industry executives to get their perspectives on what they might have done differently if they were starting over in the industry.
Ericsson's struggle continues as operators hold back orders
Operator cutbacks have hurt Ericsson's second-quarter results as the company reported lower than expected gross margins and net profit.
