Ericsson

Ericsson to lay off 8,500 employees -memo

By Supantha Mukherjee STOCKHOLM, Feb 24 (Reuters) - Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to…

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Ericsson to cut 1,400 jobs in Sweden, sources say

STOCKHOLM, Feb 20 (Reuters) - Telecom gear maker Ericsson plans to cut around 1,400 jobs in Sweden as part of a broader plan that could also result in thousands of…

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Ericsson to wind down business activities in Russia over coming months

Ericsson said on Monday it will gradually wind down business activities in Russia over the coming months as the Swedish telecoms equipment maker completes its obligations to customers. The company, which suspended…

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Tests in Space: Ericsson, Qualcomm, Thales expand 5G horizon

STOCKHOLM, July 11 (Reuters) - Swedish telecom equipment maker Ericsson , French aerospace group Thales and U.S. chipmaker Qualcomm plan to work jointly to develop a satellite-driven 5G network to improve terrestrial connectivity. A 5G…

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Ericsson settles patent dispute with Samsung

Ericsson said on Friday it had reached a multi-year agreement on global patent licenses with Samsung, ending a dispute that hit the Swedish telecom equipment maker's first-quarter revenue. Ericsson expects…

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Ericsson core profit beats forecast, patent fight casts shadow

Sweden's Ericsson on Wednesday reported first-quarter core earnings above market estimates as strong sales of 5G equipment offset a loss of royalty income due to a patent fight with Samsung…

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Ericsson wins BT’s 5G radio contract for London, other major UK cities

Ericsson said on Wednesday it had been selected by Britain's BT to provide 5G radio equipment in London, Edinburgh, Belfast, Cardiff and other major UK cities, building on the contract…

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Dutch telecom KPN picks Ericsson over Huawei for 5G network

KPN has chosen Sweden's Ericsson to build core elements of its new 5G mobile network following a decision last year not to select China's Huawei, the Dutch telecoms company said…

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Ericsson and Microsoft team up for the next generation of connected cars

Ericsson and Microsoft are bringing their connected vehicle expertise together. Ericsson is building its Connected Vehicle Cloud on top of the Microsoft Connected Vehicle Platform that is running on…

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First commercial 5G network launched in Europe

The first commercial 5G network was launched in Europe with a network that covers 50 Swiss cantons and includes the Switzerland's largest cities, such as Lausanne, Zürich, Geneva and the…

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