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ericsson

  • Ericsson to Pay $206 Million for Breaking US Deal in Bribery Case
    Ericsson to Pay $206 Million for Breaking US Deal in Bribery Case
    STOCKHOLM—Swedish telecom equipment maker Ericsson has agreed to plead guilty to U.S. foreign corruption violations and pay more than $206 million for breaking a deal with the Justice Department over ...
    March 3, 2023BY The Associated Press
  • Ericsson to Cut 1,400 Jobs in Sweden
    Ericsson to Cut 1,400 Jobs in Sweden
    STOCKHOLM—Telecoms gear maker Ericsson plans to cut about 1,400 jobs in Sweden as part of a broader plan ...
    February 20, 2023BY Reuters
  • BT and Ericsson Join Forces to Build 5G Private Networks
    BT and Ericsson Join Forces to Build 5G Private Networks
    LONDON—Telecoms company BT and Ericsson have struck a multi-million pound partnership to offer private 5G networks to businesses ...
    June 2, 2022BY Reuters
  • Ericsson Chalks Out Restructuring Plans
    Ericsson Chalks Out Restructuring Plans
    Ericsson disclosed plans to restructure its operating units to focus on mobile infrastructure and business customers, effective June 1. ...
    May 19, 2022BY Benzinga
  • Ericsson Shares Drop Post Q1 Results; Acknowledges DOJ Penalty, Russia Business Suspension
    Ericsson Shares Drop Post Q1 Results; Acknowledges DOJ Penalty, Russia Business Suspension
    Telefonaktiebolaget L M Ericsson reported a first-quarter FY22 sales growth of 11 percent year-on-year to SEK 55.1 billion. Group organic ...
    April 16, 2022BY Benzinga
  • Probe Into Ericsson Allegedly Paying ISIS While Conducting Business In Iraq
    Probe Into Ericsson Allegedly Paying ISIS While Conducting Business In Iraq
    Swedish telecom company Ericsson may have made payments to terror outfits in Iraq to gain access to specific ...
    February 16, 2022BY Naveen Athrappully
  • Ericsson Clocks 3 Percent Sales Growth in Q4; Proposes Dividend Hike of 25 Percent
    Ericsson Clocks 3 Percent Sales Growth in Q4; Proposes Dividend Hike of 25 Percent
    Telefonaktiebolaget LM Ericsson reported a fourth-quarter FY21 sales growth of 3 percent year-on-year to SEK71.3 billion. Group organic sales grew ...
    January 26, 2022BY Benzinga
  • Ericsson to Acquire Vonage at 28% Premium
    Ericsson to Acquire Vonage at 28% Premium
    Telefonaktiebolaget L M Ericsson agreed to acquire Vonage Holdings Corp. for $6.2 billion. The purchase price values Vonage ...
    November 22, 2021BY Benzinga
  • Ericsson Shares Fall Following Violation of DOJ Agreement
    Ericsson Shares Fall Following Violation of DOJ Agreement
    U.S. prosecutors determined Telefonaktiebolaget LM Ericsson violated a $1.06-billion settlement agreement reached in 2019 over bribery allegations in ...
    October 24, 2021BY Benzinga
  • European Stocks Inch Up as Tech, Mining Shares Offset Losses in Ericsson
    European Stocks Inch Up as Tech, Mining Shares Offset Losses in Ericsson
    Europe's main stock index edged higher on Tuesday as gains in mining and technology shares helped offset losses ...
    October 19, 2021BY Reuters
  • Ericsson CEO to Double Down on China as 5G Tussle Rumbles On
    Ericsson CEO to Double Down on China as 5G Tussle Rumbles On
    STOCKHOLM—Ericsson's top executive vowed to double down on efforts to regain market share lost in China after Sweden ...
    September 4, 2021BY Reuters
  • Ericsson’s Backing of Huawei Shows How Companies Become ‘Hostages’ to the CCP
    Ericsson’s Backing of Huawei Shows How Companies Become ‘Hostages’ to the CCP
    News Analysis Telecommunications giant Ericsson didn't enjoy the benefits of a ban of its rival Huawei in Sweden; ...
    April 7, 2021BY Dorothy Li
  • BT Chooses Ericsson as 5G Partner After UK Huawei Ban
    BT Chooses Ericsson as 5G Partner After UK Huawei Ban
    BT has selected Ericsson as its partner for 5G deployment in major UK cities including London, Edinburgh, Belfast, ...
    October 28, 2020BY Alexander Zhang
  • US Renews Pressure on Europe to Ditch Huawei in New Networks
    US Renews Pressure on Europe to Ditch Huawei in New Networks
    BRUSSELS—Telecoms company Huawei Technologies is part of China's surveillance state, complicit in human rights abuses, a senior U.S. ...
    September 29, 2020BY Reuters
  • Nokia Profits Up Despite Pandemic as New CEO Takes Over
    Nokia Profits Up Despite Pandemic as New CEO Takes Over
    HELSINKI—Nokia has reported better than expected second-quarter earnings on the back of improved margins for telecoms equipment and ...
    August 1, 2020BY The Associated Press
  • Pence Dismisses Idea of US Buying Nokia, Ericsson to Challenge Huawei
    Pence Dismisses Idea of US Buying Nokia, Ericsson to Challenge Huawei
    WASHINGTON—U.S. Vice President Mike Pence on Feb. 7 declined to endorse a suggestion from U.S. Attorney General William ...
    February 7, 2020BY Reuters
  • Greenland Chooses Ericsson Over Huawei for 5G Rollout
    Greenland Chooses Ericsson Over Huawei for 5G Rollout
    COPENHAGEN—Greenland has picked Sweden's Ericsson over China's Huawei to supply equipment for its fifth-generation (5G) telecoms network, state ...
    December 19, 2019BY Reuters
  • Norway’s Telenor Picks Ericsson for 5G, Abandoning Huawei
    Norway’s Telenor Picks Ericsson for 5G, Abandoning Huawei
    OSLO—Telenor has picked Sweden's Ericsson as the key technology provider for its fifth-generation (5G) telecoms network in Norway, ...
    December 13, 2019BY Reuters
  • Ericsson Plans to Invest in 5G Manufacturing in Poland
    Ericsson Plans to Invest in 5G Manufacturing in Poland
    STOCKHOLM—Telecom gear maker Ericsson will increase production and invest further in its Tczew plant in Poland in preparation ...
    August 29, 2019BY Reuters
  • How Western Firms Fought Against China’s ‘Cloud Hopper’ Hackers
    How Western Firms Fought Against China’s ‘Cloud Hopper’ Hackers
    LONDON–Hacked by suspected Chinese cyber spies five times from 2014 to 2017, security staff at Swedish telecoms equipment ...
    June 26, 2019BY Reuters
  • Chinese Mobile Carriers Also Shun Huawei Equipment for 5G
    Chinese Mobile Carriers Also Shun Huawei Equipment for 5G
    Chinese authorities released 5G licenses to four state-run companies on June 6. Three of them are existing mobile ...
    June 14, 2019BY Nicole Hao
  • Japanese Mobile Carrier SoftBank Rejects Huawei, Chooses Nokia and Ericsson for 5G Network
    Japanese Mobile Carrier SoftBank Rejects Huawei, Chooses Nokia and Ericsson for 5G Network
    Softbank, a Japanese telecom company, has now officially excluded its long-time supplier and Chinese tech giant Huawei for ...
    May 31, 2019BY Frank Fang
  • China Launches Antitrust Probe Into Telecom Giant Ericsson
    China Launches Antitrust Probe Into Telecom Giant Ericsson
    Chinese authorities have opened an antitrust investigation into Swedish telecom-gear giant Ericsson, as its Chinese competitor Huawei Technologies ...
    April 16, 2019BY Cathy He
  • Pentagon Eyeing 5G Solutions With Huawei Rivals Ericsson and Nokia
    Pentagon Eyeing 5G Solutions With Huawei Rivals Ericsson and Nokia
    WASHINGTON—As the United States further pushes to separate itself from Chinese telecommunications equipment maker Huawei Technologies, the Pentagon ...
    March 26, 2019BY Reuters
  • Japan’s SoftBank to Shun Huawei in Favor of Ericsson, Nokia Equipment
    Japan’s SoftBank to Shun Huawei in Favor of Ericsson, Nokia Equipment
    TOKYO—SoftBank Group Corp plans to replace 4G network equipment from China's Huawei Technologies Co Ltd with hardware from ...
    December 13, 2018BY Reuters
TOP NEWS
  • US Forces Strike Iranian Military Infrastructure in 12th Consecutive Night of Attacks
    2hr By Kimberly Hayek
    US Forces Strike Iranian Military Infrastructure in 12th Consecutive Night of Attacks
  • Here’s Who Won Key House Primaries in Arizona
    3hr By Nathan Worcester
    Here’s Who Won Key House Primaries in Arizona
  • FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
    5hr By Kimberly Hayek
    FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
  • Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
    6hr By Travis Gillmore
    Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
  • 124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
    6hr By Arthur Zhang
    124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
  • Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
    7hr By Epoch Video
    Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
  • The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
    7hr By Sheramy Tsai
    The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
  • Senate Panel Advances Bill to Make Hospitals Compete on Price
    8hr By Lawrence Wilson
    Senate Panel Advances Bill to Make Hospitals Compete on Price
  • House Adopts Budget Blueprint for $95 Billion Reconciliation Package
    9hr By Jackson Richman
    House Adopts Budget Blueprint for $95 Billion Reconciliation Package
  • House Passes Congressional Stock Trading Ban
    9hr By Jackson Richman and Nathan Worcester
    House Passes Congressional Stock Trading Ban
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