Sweden

Ericsson performs better than expected in third quarter

Swedish vendor Ericsson is keeping its head above water amid the financial turmoil, reporting stronger than expected earnings on Monday. For the third quarter of 2008, Ericsson recorded a net income of SEK2.8bn (Eur283m). This figure was down 28 per cent on the SEK4bn reported for the same period in 2007, but was still a […]

Sweden: hammer falls on 2.6GHz auction

After 112 bidding rounds over 16 days, the auction of 2.6GHz spectrum in Sweden has came to a close, raising SEK2.1bn ($350m). Intel Capital Corporation was among the five licence winners, acquiring 50MHz (TDD) spectrum for SEK159.2m ($26.5m). According to local press reports, Intel is looking for partners to build and operate a WiMAX network. […]

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