Ericsson's quarterly operating profit declines Sweden's Ericsson has today reported a 62% fall in second-quarter adjusted operating profit, slightly beating market expectations. Business • 14 Jul
Ericsson CEO targets smaller acquisitions Ericsson's CEO says the company is still in the market for more acquisitions, albeit smaller ones, after splurging over $7 billion to buy networking company … Business • 28 Feb
Ericsson to lay off 8,500 employees globally Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, according to a memo sent to employees … Business • 24 Feb
Ericsson's quarterly earnings miss expectations Sweden's Ericsson has today missed fourth-quarter core earnings expectations as sales of 5G equipment slowed in high-margin markets such as the US. Business • 20 Jan
Ericsson earnings miss estimates as costs hit margins Swedish telecom equipment maker Ericsson has today reported third-quarter core earnings that missed expectations for the second quarter in a row, as margins took a … Business • 20 Oct 22
Ericsson says no hardware exported to Russia Ericsson said it is only providing software and technical support to Russian clients and has not sold any telecommunications equipment to mobile operators there since … Business • 23 Sep 22
Ericsson to wind down business activities in Russia Ericsson said today it will gradually wind down business activities in Russia over the coming months as the Swedish telecoms equipment maker completes its obligations … Business • 29 Aug 22
Nokia's quarterly operating profit beats forecasts Finnish telecom equipment maker Nokia has reported quarterly operating profit ahead of market expectations, boosted by strong demand for 5G gear from phone companies. Business • 21 Jul 22
Ericsson's quarterly profit misses estimates Sweden's Ericsson, under the shadow of bribery investigations, has today reported a rise in second-quarter core earnings but missed expectations as increased component and logistics … Business • 14 Jul 22
Ericsson expects 5G subscriptions to hit 1 billion Swedish telecom equipment maker Ericsson said today it expects global 5G mobile subscriptions to surpass €1 billion in 2022, helped by higher adoption in China … Business • 21 Jun 22
Ericsson to add 250 jobs in Athlone in R&D expansion 250 new highly skilled jobs are to be created in Athlone by Swedish telecoms infrastructure firm Ericsson. Business • 30 May 22
Ericsson warns of possible fine over Iraq scandal Sweden's Ericsson, under fire for its handling of a bribery investigation in Iraq, today warned of a potential fine by US regulators. Business • 14 Apr 22
Ericsson suspends all business in Russia Ericsson is suspending its business in Russia indefinitely and has put employees on paid leave, six weeks after the Swedish telecom equipment maker started a … Business • 11 Apr 22
Ericsson shares fall 9% on Iraq corruption probe Shares of Ericsson fell more than 12% today, after the Swedish telecom gear maker disclosed results of an internal investigation that detailed suspect payments and … Business • 16 Feb 22
Ericsson's profit beats as more countries roll out 5G Sweden's Ericsson reported fourth-quarter core earnings above market estimates, helped by higher sales of telecom gear as more countries roll out 5G networks offsetting a … Business • 25 Jan 22
Ericsson sees 660m 5G subscriptions by end of 2021 Sweden's Ericsson has today raised its global forecast for 5G mobile subscriptions to 660 million by the end of this year, citing stronger than expected … Business • 30 Nov 21
Ericsson to buy cloud firm Vonage for $6.2 billion Mobile telecoms equipment maker Ericsson said today it had agreed to buy cloud communications firm Vonage for $6.2 billion. Business • 22 Nov 21
Ericsson profit beats expectations on 5G demand Sweden's Ericsson has today posted third-quarter core earnings above estimates, as strong sales of 5G equipment in most of the world offset a loss of … Business • 19 Oct 21
Ericsson's 5G march hits a wall in China Sweden's Ericsson has reported second-quarter core earnings below market estimates, as strong sales of 5G equipment in most markets was offset by a decline in … Business • 16 Jul 21
Ericsson sees global 5G subscriptions at 580 million Sweden's Ericsson said today that the number of 5G subscriptions were expected to rise to 580 million by the end of 2021 from 220 million … Business • 16 Jun 21
Report reveals 5G 'knowledge gap' among Irish consumers Despite the launch of 5G handsets and services in Ireland, new research by Ericsson shows there has been no change in Irish consumer intention to … Business • 12 May 21
Ericsson settles patent dispute with Samsung Ericsson has reached a "multi-year" agreement on global patent licences with Samsung, the Swedish telecom equipment maker said today, ending a dispute that hit its … Business • 07 May 21
Ericsson core first quarter profit beats forecast Sweden's Ericsson has today reported first-quarter core earnings above market estimates as strong 5G equipment sales offset a loss of royalty income due to a … Business • 21 Apr 21
Ericsson's Q3 earnings shine as 5G rolls out in China Sweden's Ericsson has today reported quarterly core earnings that beat market estimates, helped by higher margins and China's 5G rollout, and said it was "more … Business • 21 Oct 20
Three latest telco to launch its 5G network Customers of mobile network Three will finally be able to access a 5G service from today with the launch of the operator's new network. Business • 28 Sep 20
