The Business Times

Ericsson

Telcos, Media & Tech

Ericsson beats quarterly core profit estimates, shrugs off tariffs

The company said sales in its Americas segment grew 10 per cent on the back of good growth in its biggest market North America.
Companies & Markets

Ericsson's Q2 profit beats expectations, says North America growth was good

Ericsson, which started manufacturing in India in 1994, will localise all its passive antenna production for the Indian market by June.
Telcos, Media & Tech

Ericsson expands manufacturing in India to make antennas

Ericsson has weathered a difficult telecom equipment market for the past several quarters as operators scaled back or delayed their network investments.
Telcos, Media & Tech

Ericsson beats estimates as North America returns to growth

Ericsson gets new 5G contract from India's Bharti Airtel: sources
Telcos, Media & Tech

Ericsson gets new 5G contract from India's Bharti Airtel: sources

Ericsson has been working to cut costs and improve margins in a challenging telecom equipment market.
Telcos, Media & Tech

Ericsson reaches deal to sell US firm to Koch unit

Ericsson has said previously its US$14 billion network deal with US operator AT&T’s will begin to pay off in the second half.
Telcos, Media & Tech

Ericsson earnings beat estimates on cost cutting in tough market

The Swedish telecom gear maker bought cloud communication firm Vonage in 2022 for US$6.2 billion.
Telcos, Media & Tech

Ericsson to book 11.4 billion Swedish crowns impairment on weaker outlook for Vonage

The Swedish group says it expects the Radio Access Network market to keep falling at least to the end of the year as customers hold back on investments.
Telcos, Media & Tech

Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2

Citing ongoing negotiations with unions, Ericsson declines to give a figure for how much cash it could save by cutting staff.
Telcos, Media & Tech

Ericsson to lay off 1,200 staff in Sweden as 5G spending slows

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More