tag: ericsson

Red_Bee

Ericsson completes Red Bee acquisition

Swedish network equipment provider Ericsson has completed its acquisition of UK media services provider Red Bee Media, following approval of the deal from the UK Competition Commission on March 27th this year. The deal sees 1,500 Red Bee staff absorbed by Ericsson and the UK established as a “major global media hub” for Ericsson, the company said.

Cloud Foundry added eight members to the fledging group including IT heavyweights Accenture and Capgemini, BNY Mellon, Ericsson, GE, Intel, NTT and Verizon. The news further cements its position as a leading open source PaaS project

Ericsson, NTT and Verizon among eight new Cloud Foundry members

Open source Platform as a Service (PaaS) initiative Cloud Foundry announced the addition of eight new members this week. Ericsson, NTT and Verizon are among those looking to contribute to and benefit from the initiative, which is indicates how seriously telcos are looking at digging deeper into the cloud stack.

Rima Qureshi, incoming chief strategy officer at Ericsson

Rima Qureshi to lead Ericsson strategy

Ericsson has announced Rima Qureshi, a 20-year veteran of the company, as its new chief strategy officer, following the resignation of Doug Gilstrap earlier in April. Gilstrap joined Ericsson in 2009.

Ericsson CEO, Hans Vestberg

Ericsson restructures Networks unit for virtualization push

Swedish vendor Ericsson has reorganized its networks division, splitting it into two new business units; Radio and Cloud & IP. The Cloud & IP unit will drive Ericsson’s work on virtualization, an area in which the firm has ground to make up on its competitors. Executive VPJohan Wibergh will continue to lead the Networks segment, although Ericsson has yet to name the heads of the two new business units.

Telenor has seen its revenue in 1Q14 grow 7.2 per cent year on year to reach NOK26.5bn ($4.48bn), up from NOK24.7bn in 1Q13

Ericsson sees net income rise 41% YoY despite sales drop

Despite seeing a year on year decline in net sales, Swedish vendor Ericsson has announced a 41 per cent year on year increase in net income for the first quarter of 2014. Net income for the firm stood at SEK1.7bn for 1Q14, compared with SEK1.2bn in 1Q13, while net sales dropped from SEK52bn in 1Q13 to SEK47.5bn in 1Q14.

Myanmar is becoming mobilised

Telenor taps Ericsson for Myanmar network

Operator group Telenor has called on infrastructure vendor Ericsson to provide network equipment and managed services for its network in Myanmar. The two firms have signed a five year contract which sees Ericsson implementing equipment in a multivendor environment as well as provide managed services for the network.

Enrique Blanco, global CTO, Telefónica

Telefónica unveils comprehensive virtualization plans

Spanish multi-national operator Telefónica has unveiled a wide-reaching Network Functions Virtualization programme that it says will see it have more than 30 per cent of new infrastructure virtualized by 2016. The initiative, which will launch in June this year and has been named Unica (which is Spanish for ‘unique’), provides a framework for Telefónica’s “global, end-to-end virtualisation deployment,” the firm said.

The GSMA has announced that it has joined the Alliance for Affordable Internet

GSMA joins alliance to drive down internet access costs

Telecoms trade association the GSMA has announced that it has joined the Alliance for Affordable Internet (A4AI), a coalition with 50 members, including Google, Alcatel-Lucent, Ericsson, Facebook, Intel and Microsoft, committed to bringing down the cost of internet access in developing nations.

Nokia is looking to become big in Japan

NSN and Ericsson win new LTE customers in Asia

European network vendors Ericsson and Nokia Solutions and Networks have both announced new LTE customers in key Asian markets. Sweden’s Ericsson has won a supply deal with Japan’s KDDI, while NSN has a contract with China Telecom.

Ericsson-logo.png

Ericsson improves profit despite drop in sales

Leading infrastructure and solutions vendor Ericsson has reported a 38 per cent increase in net profit year on year for the third quarter of 2013, despite sales dropping by three per cent on the same period in 2012. Profit for the quarter stood at SEK3bn ($472m), while sales were at SEK53bn.

The Dot is Ericsson's small cell offering

US operators to trial Ericsson small cell solution

US operators will begin trials of an indoor coverage solution provided by Ericsson in Q2 next year, based on a small cell product that weighs just 300 grams. While it has not officially named a first trial partner, a comment provided for the product’s launch release puts AT&T squarely in the frame. Sebastian Tolstoy, head of business development and strategy for Ericsson’s radio division told Telecoms.com: “As you can see from the release the first operators we’ll go to market with are American operators.”

China’s MIIT will permit foreign firms to offer services in Shanghai

China Mobile awards LTE contracts, report suggests

Half of China Mobile’s LTE infrastructure contracts have been won by local suppliers Huawei and ZTE, according to a report from Reuters that cites industry sources. The report suggests that Ericsson, Alcatel Lucent and NSN have picked up around ten per cent of the business each with their Chinese competitors bagging 25 per cent apiece. The combined value of China Mobile’s LTE contracts is $3.2bn, Reuters said.

facebook-big

Vendors team with Facebook to drive connectivity in developing world

facebook-bigFacebook has created an initiative—Internet.org—to bring internet connectivity to the poor and underserved, recruiting a number of telecoms industry vendors as partners. But while the new group cites the importance of mobile operators in bringing connectivity to the unconnected, there are none among the founders.

SK Telecom has launched a platform that it says will provide information on what specific situation a customer is in

SK Telecom signs deals to improve LTE-A coverage and performance

South Korean operator SK Telecom has announced two deals with European kit vendors as it looks to expand and develop its network services. The operator has expanded its LTE-Advanced service across South Korea using equipment supplied by Ericsson and signed a Memorandum of Understanding with German radio test and measurement equipment manufacturer Rohde & Schwarz to develop next-generation antenna technologies.

Jan Frykhammar, CFO, Ericsson

Ericsson CFO sees strong performance from radio business

Infrastructure vendor Ericsson has reported year on year flat sales in 2Q13, generating SEK 55.3bn. Operating income grew from SEK 2.1bn in 2Q12 to SEK 2.5bn, while operating margin grew from 3.8 per cent to 4.5 per cent.

The deal gives Megafon a substantial lead in the Russian LTE market.

VimpelCom brings LTE to Moscow

European operator VimpelCom has launched LTE services in Moscow. The firm’s LTE FDD services are now accessible within the central Sadovoye Ring area of the city. The operator expects LTE services to be available throughout the Russian capital by the end of 2013.

Jan Frykhammar, CFO, Ericsson

Ericsson holds steady despite loss on rollouts

Ericsson’s first quarter profits fell year on year to SEK1.2bn (€139m) from SEK8.8bn for the same period in 2012, largely due to the boost given to 1Q12 numbers by the firm’s exit from the Sony Ericsson device JV. While the vendor recorded a two per cent uptick in sales to SEK52bn it was hit by currency fluctuations and a disappointing performance from its network rollout business.

The largest number of job cuts were in the Swedish capital Stockholm.

Ericsson wraps up Swedish job cuts

Swedish vendor Ericsson has completed a series of redundancies in its home market which were first announced in November last year. 1,399 positions were cut at nine of Ericsson’s Swedish sites, with the majority in the Networks part of the business. The cuts resulted in 919 employees losing their jobs

Polls

What do you most associate with the Internet of Things?

Loading ... Loading ...