Ericsson confirms US investigation into its Iraq history
It comes as no great surprise to learn US authorities have opened a formal investigation into its historical activities in Iraq, but its shares still took another hit on the news.
It comes as no great surprise to learn US authorities have opened a formal investigation into its historical activities in Iraq, but its shares still took another hit on the news.
The Finnish kit vendor has unveiled a new spread of 5G enabled industrial equipment and an accompanying Nokia Network Digital Twin service to create virtual replicas of workspaces.
Finnish kit vendor Nokia’s profits for the first quarter of 2022 clocked in at €219 million, down from €263 million YoY, but the firm says it is still on track to hit its yearly targets.
At its latest annual analyst summit, Chinese vendor Huawei once more struck a defiant note with the announcement of a new recruitment programme.
Finnish kit vendor Nokia has announced it will cease operations in Russia, but will ‘provide the necessary support to maintain the networks and [is] applying for the relevant licenses to enable this support’.
Swedish kit vendor Ericsson says it has suspended affected business in Russia indefinitely, having already suspended ‘all deliveries’ to customers in Russia in late February.
Recently released Huawei CFO Meng Wanzhou will probably get a go at running the whole show later this year because she has been added to the ‘rotating chair’ roster.
It was never going to be an easy annual general meeting for embattled Swedish kit maker Ericsson.
Iain was knackered after a half marathon when we recorded this pod as was Pierre’s audio mixer, which gave up an hour or so into the recording. Nonetheless the lads manage to open with another look at the Russia/Ukraine conflict as it affects the telecoms business, before moving on to discuss the latest update from T-Mobile US. The final segment would have been called Nothing, appropriately, but you’ll never know what we said.
Despite experiencing a 29% drop in revenues, Chinese vendor Huawei managed to almost double its profits in the 2021 financial year.
Chinese kit vendor ZTE has been on some kind of probation ever since it was caught violating US trade sanctions five years ago, but not anymore.
As the controversy around its alleged dodgy dealings in Iraq continues, Swedish kit maker Ericsson has today made a statement supporting its CEO.
Swedish kit maker Ericsson needs all the help it can get with its Iraq scandal, so it has hired a new legal chief.
We’re back in the studio and reunited with Iain this week. Seeing as they weren’t able to pod together at the show, the lads start with a recap of Mobile World Congress. They move on to talk about the awkward situation Ericsson has found itself in over its historical activities in Iraq before concluding with a look at the implications for the telecoms industry in the Ukraine conflict.
The fallout from Ericsson’s alleged dodgy dealings has taken a new turn, with CEO Börje Ekholm named in a class action lawsuit, and one of its biggest shareholders agitating for change.
Swedish kit vendor Ericsson managed to offset continued decline in China with gains elsewhere and improved its margins in Q4 2021, which seems to have pleased investors.
After an extended break due to Christmas and Omicron, the lads are back in the studio. They start with an assessment of the Rona situation as we start the year and what that means for MWC. The main segments have a forward-looking feel, starting with a look at the prospects for OpenRAN and specifically Rakuten’s role in it. They move on to discuss the dilemma UK operators face regarding the reintroduction of roaming charges before concluding with a look at Huawei’s prospects.
Korean tech giant Samsung has issued earnings guidance for the final quarter of 2021, showing a likely 52% profit jump.
Seven out ten respondents to the 2021 Telecoms.com Annual Industry Survey are largely happy with how this year went and more are expecting a strong 2022.
Scott embarks on his second recording of the day, having shot the Glotel Awards vid previously. The lads are compelled to lead with OpenRAN once more, because that’s what was going on again that week, specifically European operators using it as a pretext to beg for state cash. They move on to talk about Ericsson, which launched some software that promises to play nice with OpenRAN before concluding with a look at cashierless technology that is creeping into the UK retail sector.
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