Ericsson takes Nortel’s GSM business

The carcass of fallen Canadian giant Nortel continues to be picked over, with Swedish vendor Ericsson announcing that it has acquired the certain assets of the Carrier Networks division of Nortel relating to the GSM business in the US and Canada.

Ericsson CTO to head up IP business

The executive reshuffle continued at Swedish vendor Ericsson on Thursday, with incoming CEO Hans Vestberg nominating CTO Håkan Eriksson as head Ericsson in Silicon Valley, the centre of the company’s important IP business.

Ericsson announces incoming CFO

Incoming Ericsson CEO Hans Vestberg on Monday nominated his successor to take the position of chief financial officer.

Ericsson’s third quarter profits drop 74 per cent

Swedish infrastructure and equipment vendor Ericsson took a beating during the third quarter of 2009, watching its net income dive 74 per cent year on year, dragged down by poor demand and further hits from its joint ventures.

MetroPCS commits to LTE

The final nail may have already been thought to have gone into the coffin of CDMA, but it looks like there are more to come as US-based CDMA operator MetroPCS joins the throng of those moving to LTE.

Sony Ericsson reshuffles top brass

Struggling handset vendor Sony Ericsson on Monday announced a change of leadership that will see chief executive Dick Komiyama step down at the end of the year, to be replaced by Bert Nordberg, currently executive vice president of Ericsson.

Nortel chief steps down

Mike Zafirovski, the president and CEO of Nortel Networks has announced his resignation from the once mighty firm, effective immediately.

Stephen Hayes, chairman, 3GPP Systems Group

As a principal engineer at Ericsson, Stephen Hayes has been extensively involved in the development of GSM and related systems such as LTE and IMS over the past ten years. He also holds a number of patents in the area of telecommunications.

Hans Vestberg, CEO designate, Ericsson

In June this year, when Carl-Henric Svanberg announced that he was standing down as the president and CEO of Swedish infrastructure vendor to become chairman of BP, he had already selected his successor; his CFO, Hans Vestberg.

Ericsson wins Nortel LTE, CDMA auction

Swedish equipment vendor Ericsson emerged as the highest bidder for Nortel’s LTE and CDMA assets in a 12 hour auction which took place on Friday.

Network management takes off in UK

Swedish equipment vendor Ericsson has been racking up the managed services contracts lately, on Thursday signing such a deal with Telefonica’s UK operation, O2.

Ericsson sets up 4G lab in South Korea

Swedish kit vendor Ericsson said Monday it has struck a deal with the South Korean government to set up a 4G research and development facility in one of the world’s most technologically advanced countries.

Svanberg steps down as head of Ericsson

Carl-Henric Svanberg, the chief executive of Swedish kit vendor Ericsson, is to step down from his role and take the helm of oil and gas giant BP later this year.

TeliaSonera demos live LTE connection

Nordic carrier TeliaSonera’s Norwegian subsidiary Netcom, claimed Thursday to have achieved a world first by connecting to the internet over a live commercial LTE network in Oslo.

Ericsson, TeliaSonera launch ‘commercial’ LTE site

Ericsson has underlined its ‘4G’ supplier credentials with the launch in Stockholm of what it says is a ‘commercial’ LTE site. Rolled out in partnership with TeliaSonera, the site is not strictly commercial, since there are no paying customers on it, but it will form part of the Nordic carrier’s commercial LTE network in Sweden’s capital city, which is scheduled to go live in 2010.


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