Kit vendor Ericsson has agreed to pay $206 million to US authorities, following allegations that it breached the terms of a previous $1 billion settlement reached in 2019 related to international corruption.
Swedish kit maker Ericsson has revealed it needs an extra 12 months of monitoring just to make absolutely sure it doesn’t risk giving money to terrorists.
Swedish kit vendor Ericsson’s proposed takeover of US cloud unified communications provider Vonage has been pushed back until the end of July due to an ongoing investigation by the US Committee on Foreign Investment.
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.
A combination of historical misdeeds in Iraq and the need to pull out of Russia loomed heavy on Swedish kit vendor Ericsson’s latest quarterlies.
As the controversy around its alleged dodgy dealings in Iraq continues, Swedish kit maker Ericsson has today made a statement supporting its CEO.
Ericsson boss Börje Ekholm (pictured) was in the firing line again on Wednesday following fresh revelations about his company’s historical misconduct in Iraq.
Swedish kit vendor Ericsson has been forced to reveal the outcomes of an internal inquiry into the historical conduct of some of its employees in Iraq and investors are running scared.
Iraqi operator Asiacell, a subsidiary of Qatari operator group Ooredoo, has appointed Amer Al Sunna as its CEO.
LTE services have been deployed in Iraq, by network infrastructure vendor Alcatel-Lucent and Regional Telecom, a communications service provider in Northern Iraq.
France Telecom has finally confirmed rumours that have been circling since December, announcing plans to take a sizeable stake in Iraqi mobile operator Korek Telecom.
Struggling US vendor Motorola said Tuesday that it has been awarded a managed services contract by Zain Iraq.
An open letter signed by many tech leaders is calling for a pause in training all artificial intelligence systems m hhttps://t.co/aQK2crZzJS
29 March 2023 @ 17:04:25 UTC
Resellers can start selling 4G and 5G connectivity via EE sim cards to their own customers if they join BT Wholesal hhttps://t.co/HYHVBxVeJM
29 March 2023 @ 17:04:03 UTC
OpenRAN offers many benefits and it's clear that continued collaboration across key industry stakeholders, as well hhttps://t.co/u2qzf5OxQy
29 March 2023 @ 15:34:29 UTC
