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Ericsson

Back to the future

With December almost upon us and Thanksgiving taking place in the US, you can already feel the telecoms industry settling down to hibernate until January. With not an awful lot else going on Amazon managed to grab good coverage for the launch of its Kindle electronic book thingy. Given the science fiction heritage of the […]

Nokia Siemens may be cut out of monster Indian deal

Nokia Siemens Networks’ share of one of the world’s biggest GSM contracts is in danger after the Finnish-German venture reportedly refused to budge on price. Reports coming out of India today, indicate that Bharat Sanchar Nigam Ltd (BSNL), which is in the process of awarding a $2bn plus tender for around 22 million GSM lines, […]

Ericsson: There may be trouble ahead

Ericsson’s new chief finance officer had something of a baptism of fire at the company’s investors’ conference in New York on Tuesday. The newly installed Hans Vestberg had the tough job of revealing yet more doom and gloom for the Swedish kit maker. The crux of the message was that fourth quarter revenues would likely […]

Ericsson loses financial chief after profits plummet

Ericsson’s chief financial officer, Karl-Henrik Sundstrom, fell on his sword on Thursday, as the Swedish kit maker reported a 36 per cent drop in income for the third quarter. The company sent shockwaves through the market last week after it cut its third quarter forecasts, following a shortfall in mobile network sales and upgrades. Net […]

Ericsson shocks with profit warning

Swedish infrastructure vendor Ericsson sent shockwaves through the market Tuesday morning after it cut its third quarter forecasts. Shares in the kit vendor took a dive, losing nearly a quarter of their value, as president and CEO, Carl-Henric Svanberg, warned of a shortfall in mobile network sales and upgrades. Net sales are now only expected […]

Ericsson scores service deals in Germany and Mexico

    Swedish vendor Ericsson has announced two managed services deals, which will see it offering support to German incumbent Deutsche Telekom and Telefonica’s Mexican GSM operation.  In Germany, Deutsche Telekom’s fixed and broadband division, T-Com, will transfer its microwave assets and some 200 employees to Ericsson, with the Swedish firm taking control of the […]

Moto’s loss is Nokia’s gain

Nokia edged closer to its goal of 40 per cent share of the handset market this week, after reporting strong results for the devices business. Head honcho Olli-Pekka Kallasvuo estimated that the Finnish vendor’s share of the handset market rose from 34 per cent to 38 per cent in the last 12 months, with much […]

Ericsson earnings up 12%

Swedish kit maker Ericsson recorded a 12 per cent increase in net earnings during the second quarter of the year, taking its profit to SEK6.4bn (US$964m). Sales for the quarter increased to SEK47.6bn, up from SEK44.8bn in the same period last year. Revenues at the vendor’s networks division increased 7 per cent year on year […]

Ericsson wins $2bn mega deal

Swedish vendor Ericsson won itself a $2bn mega deal on Wednesday, after being tapped by Indian operator Bharti Airtel in a network expansion contract. Under the two year supply and services contract, Ericsson will design, plan, deploy, optimise and manage Bharti’s GSM network across 15 circles in India as well as for its pan-India prepaid […]

Ericsson grabs CMS maker

Ericsson has acquired Drutt, a company that provides software for carriers to manage the delivery of multiple versions of their content. The system monitors user activity on the web in a variety of ways, and adapts content to suit different devices. So far, a total of 60 customers have deployed it in 35 countries. Ericsson […]

Ericsson takes over more Dutch networks

KPN said Monday it has tapped Ericsson’s Global Services operation to take over maintenance of all its radio access networks in the Netherlands. The deal includes GSM, UMTS, the Traxys private mobile radio trunking service, and the Semafonie paging system. Under the deal, some 40 employees will transfer to Ericsson. The Netherlands has been something […]

Ericsson licenses tech to Taiwan

Swedish equipment vendor Ericsson has licensed its U310 triple band WCDMA mobile platform to Compal Communications, a Taiwanese manufacturer. The U310 platform is Ericsson’s WCDMA/EDGE/GPRS platform designed for mass market deployment. It incorporates a flexible quad band EDGE and triple band WCDMA radio, allowing for smaller 3G devices. Stephen Chen, executive vice president of Compal, […]

Ericsson bolsters multimedia strategy with Mobeon

Swedish equipment manufacturer, Ericsson, said Thursday it had bought IP messaging firm Mobeon for an undisclosed sum, in order to strengthen its multimedia strategy. Ericsson already owned 21 per cent of the company, said Mobeon is the world leader in IP-messaging components for mobile and fixed networks. Mobeon produces components for Ericsson’s Messaging over IP […]

Ericsson signs GSM extension in India

Swedish equipment manufacturer Ericsson, said Tuesday that it had signed a three year GSM etension contract with IDEA Cellular of India. In a statement, Ericsson said it will provide microwave transmission and softswitch technology. No financial details of the deal were revealed. In the statement, Ericsson said the network would be built in Maharashtra, Gujarat, […]

Ericsson makes play for IPTV firm

Swedish equipment vendor Ericsson revealed on Monday that it has made a public cash offer of SKr9.8bn (Eur1bn) for Norwegian IPTV firm Tandberg Television. Ericsson said the potential acquisition would be part of its drive into the IPTV market, and would expand the vendor’s customer base to include cable and satellite operators as well as […]

Sony Ericsson opens up UIQ ownership

Sony Ericsson, which closed its acquisition of Symbian subsidiary UIQ Technology this week, has unveiled plans to open up the open up the software house to investors. At the 3GSM World Congress in Barcelona on Wednesday, Sony Ericsson openly invited phone vendors to become shareholders in UIQ, which develops a user interface framework and application […]

Sony Ericsson stretches out

Japanese/Swedish handset vendor, Sony Ericsson, today unveiled a new handset range that saw it expand further into the entry level sector while adding to the mid- and top-tiers in which it has so far achieved its greatest successes. New models included two Cybershot camera phones, two Walkman music phones, two lower end ‘snapshot’ camera phones […]

Orange taps Ericsson for network management

Swedish vendor Ericsson has been tapped by Orange for a major managed services contract in the Netherlands. The agreement covers operations, rollout and field maintenance of the Orange mobile network. During the process, 190 jobs will be transferred to Ericsson. The agreement, which covers a time frame of five years, will allow Orange Netherlands to […]

Ericsson soars in 2006

Swedish mobile giant, Ericsson said Friday that it made a net profit in 2006 of Eur 2.9bn (£1.92bn), up 8.2 per cent on the previous year, thanks to acquisitions and strong sales. Turnover rose 17 per cent in the year, the company said. The company said its fourth quarter profit was up 14 per cent […]

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