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.
Telecoms.com
Iraq
Ericsson shares sink further after tough Q1 earnings report
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.
Ericsson board backs CEO amid ongoing Iraq scandal
As the controversy around its alleged dodgy dealings in Iraq continues, Swedish kit maker Ericsson has today made a statement supporting its CEO.
Ericsson CEO feels the heat from the US government over Iraq
Ericsson boss Börje Ekholm (pictured) was in the firing line again on Wednesday following fresh revelations about his company’s historical misconduct in Iraq.
Ericsson shares plunge on Iraq corruption admission
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.
Iraq’s Asiacell appoints CEO
Iraqi operator Asiacell, a subsidiary of Qatari operator group Ooredoo, has appointed Amer Al Sunna as its CEO.
Iraq gets LTE
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 takes stake in 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.
Motorola wins managed services contract in Iraq
Struggling US vendor Motorola said Tuesday that it has been awarded a managed services contract by Zain Iraq.
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