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Ericsson to lay off 8,500 employees

Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen...

Ericsson settles patent dispute with Samsung

Ericsson has reached a "multi-year" agreement on global patent licences with Samsung, the Swedish telecom equipment maker

US urges EU to use 5G by Ericsson, Nokia, Samsung

Strayer said the United States is encouraging European countries to think carefully about the security and economic implications of rushing forward with using Huawei’s technology

White House dismisses idea of buying Nokia, Ericsson to challenge Huawei

Nokia and Ericsson have a combined market capitalization of about $53 billion and it is unclear what source of funds the U.S. government could potentially tap to take stakes in the firms

To counter Huawei, US could take ‘controlling stake’ in Ericsson, Nokia

The Trump administration has pressed nations not to grant Huawei access to 5G networks.

Leading telecoms group chooses Nokia and Ericsson for 5G network

'We are delighted to be pursuing our partnerships with both Nokia and Ericsson, two key long-term partners, in order to develop a powerful and innovative 5G network'

Ericsson hit by higher 5G costs and weaker market

Sweden’s Ericsson reported a smaller-than-expected rise in fourth-quarter core earnings on Friday and said higher costs would spill over into 2020

Telecom firm picks Ericsson for 5G, abandoning Huawei

Fearing high-tech espionage, and battling with China over trade, the United States has pushed NATO allies such as Norway to exclude Huawei from lucrative 5G deals

Ericsson earnings top forecast as 5G takes off

Telecoms equipment maker Ericsson beat quarterly earnings expectations on Thursday and lifted its market forecast for this year and its sales target for 2020

Ericsson, Deutsche Telekom team up for industrial 5G services

Next-generation 5G technology, which can provide data speeds at least 20 times faster than 4G, will underpin the great advances of the next era

Nokia plunges to surprise quarterly loss, shares slump

Finnish telecom network equipment maker Nokia plunged to a surprise quarterly loss due to a delay in booking 5G payments

Ericsson software glitch hits mobile services in Britain and Japan

LONDON/STOCKHOLM: Ericsson (ERICb.ST) said it was working with mobile companies in Britain and Japan to restore full service to millions of customers hit by...

India’s Reliance Communications, Sweden’s Ericsson reach $80 million settlement

MUMBAI: India's Reliance Communications Ltd (RCom) said on Monday it had received approval from the Supreme Court to proceed with the sale of its...

Telstra launches world’s first Gigabit LTE device

SYDNEY: Telstra, Ericsson, Qualcomm and NETGEAR on Tuesday announced the world’s first commercial Gigabit LTE network and device at the “Gigabit LTE Experience” event...

Qualcomm, Ericsson and AT&T to accelerate 5G deployments

LAS VEGAS: Qualcomm on Wednesday announced to collaborate with Ericsson and AT&T to conduct interoperability testing and over-the-air field trials based on the 5G...

Qualcomm to conduct trials to accelerate 5G technologies

Qualcomm Technologies, Ericsson, and SK Telecom on Tuesday announced plans to conduct inter-operability testing and over-the-air field trials based on 5G New Radio (NR)...

‘Nokia is not Ericsson; They are in crisis’

BARCELONA: Nokia said on Tuesday it was outperforming arch-rival Ericsson in a weak telecoms equipment market, but its shares fell as its dividend and...

Ericsson moves to take a bigger bite out of Apple for patent violations

STOCKHOLM: Swedish telecoms group Ericsson announced Friday it was stepping up its pursuit of Apple for alleged unlicensed use of its technology in iPhones and other wireless devices by filing lawsuits in Britain, Germany and the Netherlands.

Ericsson sues Apple for telecom patent infringement

STOCKHOLM: Swedish mobile telecom gear maker Ericsson is suing Apple Inc for patent infringement, Ericsson said on Friday.

Apple sues Ericsson over LTE wireless telecom patents

Apple Inc sued Ericsson alleging that the Swedish company's LTE wireless technology patents are not essential to industry cellular standards and that it is demanding excessive royalties for these patents.

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