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India to have 500 mn additional smartphone users by 2025, 5G subscriptions to top 2.6 bn globally: Ericsson
Mon, Nov 25, 2019
India will have an additional 500 million users by 2025, helping the total traffic to triple to 22EB per month in 2025, projects the November 2019 edition of the Ericson Mobility Report.
Ericsson makes $1.2bn provision to settle US probes, flags third quarter hit
Thu, Sep 26, 2019
Mobile telecom gear maker Ericsson said on Thursday its third-quarter results will be hit by a 12 billion Swedish krona (996 million pounds) provision it was making for US investigations. The investigations, by the U.S.
Data usage in India shows need for early 5G network: Ericsson
Wed, Feb 27, 2019
Telecom operators have, however, said that spectrum price recommended by sector regulator is too high to suit their business case.
Ericsson to deploy 5G-ready LTE equipment for Vodafone Idea
Wed, Feb 20, 2019
"Ericsson today announced that it has been selected by Vodafone Idea Ltd to provide and deploy 5G-ready equipment across select markets in India," it said.
Supreme Court holds Anil Ambani guilty of contempt; may go to jail
Wed, Feb 20, 2019
In a huge blow to Reliance Communications chairman Anil Ambani, the Supreme Court held the RCom boss guilty of contempt, ruling that the embattled telco should pay Ericsson Rs 450 crore within four weeks.
Ericsson raises 2020 sales target as recovery gains pace
Thu, Nov 08, 2018
Ericsson on Thursday raised its sales target for 2020, driven mainly by a recovery in its hard-hit networks business and cost-savings gains.
BSNL ties up with Ericsson to bring 5G tech in India
Wed, Oct 24, 2018
State-run telecom service operator BSNL has signed an MoU with Ericsson India to bring 5G technology, create new ecosystems and for developing new use cases and business models.
Reliance Communication gains over 4% after clarification on Ericsson's petition before Supreme Court
Wed, Oct 03, 2018
Reliance Communication's share price surged by 4.27% with an intraday high of Rs 12.44 per piece.
Reliance Communications, Ericsson reach settlement on outstanding dues
Wed, May 30, 2018
An Indian appeals tribunal on Wednesday put on hold insolvency proceedings against Reliance Communications (RCom ), after the debt-laden Indian telecom carrier reached a settlement with Swedish telecom gear maker Ericsson.
Debt resolution: Reliance Communication awaits NCLT order on Ericsson plea
Wed, May 16, 2018
RCom and Ericsson have been negotiating a settlement over outstanding payments, and the matter has been sent to NCLT for further action.
India will be a fantastic market in next 5 years: Ericsson
Sun, Mar 11, 2018
India is expected to see only five mobile service providers operators in the second half of this year-- Bharti Airtel, Idea-Vodafone merged entity, Reliance Jio, state-run telecom firm BSNL and MTNL, said Nishant Batra of Ericsson
Apple, Volkswagen, BMW warn EU over patent fees guidelines
Thu, Oct 26, 2017
The move comes as the EU executive ponders whether a fridge maker should pay a different rate for crucial patents than a carmaker, or whether a flat, fixed rate would be fairer.
Ericsson sees signs of improvement after fourth straight quarterly loss
Fri, Oct 20, 2017
Once the world`s top maker of mobile network equipment, Sweden`s Ericsson faces a declining market for older network 2G, 3G and 4G gear while needing to step up investments in next-generation 5G equipment to retain market share.
Reliance Jio effect: Now Idea Cellular mulls 4G VoLTE nationwide launch
Fri, Jul 28, 2017
Keeping up with the competition from Reliance Jio, Idea is planning to deploy VoLTE services nationwide.
Ericsson scraps push for new clients beyond telecoms
Tue, Jun 27, 2017
The Swedish firm`s clients in its core business include Vodafone and Verizon but profits have plunged due to competition from Nokia and China`s Huawei and as telecoms companies make savings. Its shares have fallen 30 percent in two years.
BSNL to install 28,000 mobile sites, start 4G in FY18
Sun, Mar 12, 2017
European firms Nokia and Ericsson and Chinese telecom equipment firm ZTE are in the fray for the project.
Ericsson warns on Q3 profit as network sales dive
Wed, Oct 12, 2016
Ericsson, the world's biggest maker of mobile network equipment, said on Wednesday its third-quarter (Q3) profit plunged to just a fraction of analysts' forecasts, with sales in its core networks division slumping nearly 20%.
Ericsson to reorganise business structure after sales fall below market estimates
Thu, Apr 21, 2016
The company will reorganise its business growth and efficiency after its Q1 results fell short of market expectations.