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
Ericsson to buy networking specialist Cradlepoint Ericsson has agreed to buy US-based wireless networking company Cradlepoint in a $1.1 billion deal, the Swedish telecoms gear maker said, as part of plans ... Business • 18 Sep 20
Urgent need for EU countries to diversify 5G suppliers EU countries must take urgent action to diversify their 5G suppliers, the European Commission said today, amid US pressure on the bloc to follow Britain ... Business • 24 Jul 20
Rise in 5G sales buoys Ericsson's quarterly profit A rise in 5G network sales and software revenue helped Ericsson report higher-than-expected quarterly core earnings today, when it said it was sticking to its ... Business • 17 Jul 20
Vodafone says 5G targets will suffer if Huawei dropped Vodafone Group has warned that Britain's desire to lead the world in 5G technology will face a big blow if it decides to remove China's ... Business • 10 Jun 20
Ericsson shows its resilience in face of pandemic Ericsson has today posted better than expected quarterly earnings on strong demand for 5G network equipment even as the coronavirus wreaked havoc. Business • 22 Apr 20
Ericsson says on track for 2020 targets Mobile network gear maker Ericsson has today posted a second-quarter profit in line with expectations and said it was on track to meet its financial ... Business • 17 Jul 19
Nokia reports a surprise first quarter loss Finnish telecom network equipment maker Nokia today plunged to a surprise quarterly loss due to a delay in booking 5G payments. Business • 25 Apr 19
Ericsson profit tops forecast for 5th quarter in a row Ericsson has today posted a first-quarter profit that swept past forecasts due to strong growth in North America and cost cuts. Business • 17 Apr 19
Ericsson posts lower than expected loss on 5G demand Mobile telecoms equipment company Ericsson today beat fourth-quarter forecasts and said it was approaching its financial targets thanks to growing demand for next-generation 5G gear. Business • 25 Jan 19
O2 to compensate customers after data outage UK mobile operator O2 said today it would compensate customers with phone credit, a day after a software glitch caused smartphone users to lose internet ... Business • 07 Dec 18
Ericsson tops Q3 forecasts as savings, 5G sales kick in Mobile telecom equipment maker Ericsson has today beaten third-quarter operating profit forecasts, boosted by sales of next-generation 5G gear in North America. Business • 18 Oct 18
30 job cuts announced by Ericsson for Dublin office Thirty workers at Ericsson's office in Dublin are to lose their jobs. Ericsson • 02 Oct 18
Ericsson swings to modest profit as savings kick in Mobile telecom equipment maker Ericsson today posted an unexpected swing to a modest operating profit. Business • 18 Jul 18
Ericsson reports bigger than expected Q3 loss Mobile network gear maker Ericsson said it had detected signs of improvement after posting a steeper than expected quarterly loss. Business • 20 Oct 17
Ericsson seeking to cut 130 jobs at Irish operation Swedish telecoms equipment maker Ericsson is looking to cut up to 130 jobs across its Irish operation. Business • 05 Oct 17
Ericsson cuts 2017 market forecast as Q2 earnings lag Mobile telecom equipment maker Ericsson reported a heavier than expected second-quarter loss and lowered its mobile infrastructure market forecast, dealing a fresh blow to the ... Business • 18 Jul 17
Ericsson posts slightly wider Q1 loss than expected Mobile telecom equipment maker Ericsson has plunged to a quarterly operating loss, hit by shrinking markets and restructuring costs. Business • 25 Apr 17
Ericsson cuts dividend after quarterly loss Mobile telecom equipment maker Ericsson said today it was cutting its annual dividend by 73%. Business • 26 Jan 17
Crisis at Ericsson deepens as profits plunge 94% Ericsson said today its third-quarter profit plunged to just a fraction of analysts' forecasts, with sales in its core networks division slumping nearly 20%. Business • 12 Oct 16
Ericsson to cut 3,000 jobs in Sweden Telecoms equipment maker Ericsson has confirmed recent media reports that it will cut 3,000 jobs in Sweden, including in production, research and development. Business • 04 Oct 16
Ericsson to cut costs further as Q2 falls short Ericsson said it would cut costs further to adapt to a weaker market as it reported second-quarter operating profit and sales below market expectations and ... Business • 19 Jul 16
Ericsson plans to axe jobs to cut costs - reports Telecoms equipment maker Ericsson plans to lay off thousands of staff this summer and is considering large, additional cost cuts due to slowing markets. Business • 14 Jun 16
Ericsson seeking 27 Irish voluntary redundancies Communications company Ericsson has confirmed that it is seeking 27 voluntary redundancies in Ireland. Business • 06 May 16
