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Ericsson results News
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.
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.