SINGTEL and Sweden's Ericsson will jointly establish a Centre of Excellence to facilitate 5G development and deployment in Singapore. Co-funded by the partners with an initial investment of S$2...

[STOCKHOLM] Mobile telecom gear maker Ericsson may lay off around 25,000 employees outside Sweden as part of its savings programme, Swedish daily Svenska Dagbladet reported on Thursday, citing...

[STOCKHOLM] Ericsson AB cautioned that turning around the beleaguered phone-equipment maker will take time and will require even steeper cost cuts, testing the patience of investors who sent the...

ERICSSON has ditched its goal of winning more clients beyond the telecoms industry to refocus on selling networks to mobile phone companies in a move to cut costs and halt a dramatic fall in its...

ERICSSON AB will book as much as 15 billion Swedish kronor (S$2.4 billion) in extra costs in the first quarter as new chief executive officer Borje Ekholm resizes the wireless network maker for...

[HELSINKI] Ericsson AB will book extra expenses of as much as 15 billion kronor (S$2.37 billion) in the first quarter as its business sputters, highlighting the challenges for new chief executive...