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The Latest Breaking News from Ericsson

Ericsson Posts $1bn Quarterly Loss On Vonage Write Down

Ericsson acquired Vonage in 2022 for $6.2 billion to expand its presence in wireless enterprise and broaden its global offerings, but already last year it wrote down its value by $2.9 billion as market conditions shifted.

International Business Times

Despite Sanctions, Russia Still Gets Hands On Western Goods

A Kansas businessman shipped banned avionics equipment to Russia through Armenia, the UAE and other third countries.

International Business Times

Ateliere Names Eugene Sarmiento VP of Sales and Business Development, EMEA

Sarmiento previously held leadership positions at Operative, Salesforce, and Ericsson

TV Tech

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Dell Technologies (DELL) Earnings Review: What’s Next for Investors?

While Dell Technologies’ (DELL) revenue topped analyst expectations for the first quarter of fiscal 2025, the company fell short on earnings. Let’s discuss how investors should interpret Dell’s recent financial results and what they should consider moving forward. Read on to know more.

StockNews.com

The judiciary’s shadow over standard essential patents

There is a possible crisis brewing in India over the manner in which certain technology companies are wielding ‘standard essential patents’ against the telecom manufacturing sector in India

The Hindu

Ericsson: AI won't be a silver bullet for security — but it can play a major part

As networks become more complex and distributed, the challenge of protecting them grows - but AI can help, Ericsson believes.

TechRadar

Nokia Sees 'Challenging' 2024 After Profits Plunge

Finnish telecommunications equipment maker Nokia warned Thursday that it expects another tough economic environment in the first half of this year after its net profit sank in 2023.

International Business Times

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AT&T (T): Pre-Earnings Analysis for Investor Decision-Making

Leading telecom giant AT&T Inc. (T) has been making strategic moves in the dynamic landscape of 5G technology and fiber connectivity. With the company’s fiscal fourth-quarter earnings around the corner, what stance should investors adopt with regard to this stock? Read more to find out….

StockNews.com

Ericsson Sees 'Further' Market Decline After 2023 Loss

Swedish telecoms equipment giant Ericsson warned Tuesday that it expected further market decline outside China this year after booking a sizeable loss in 2023 due to a write-down and restructuring costs.

International Business Times

Former phone giant Nokia saw a dramatic drop in profits and is now cutting up to 14,000 jobs in response

Nokia said its was addressing "the challenging market environment" by cutting costs, shedding staff and improving efficiency.

Fortune

Nokia plans to cut up to 14,000 jobs after sales and profits plunge in a weak market

Telecom gear maker Nokia says it's planning to cut up to 14,000 jobs worldwide, or 16% of its workforce, as part of a push to reduce costs following a plunge in third-quarter sales and profit

The Independent UK

31 million users in India seen upgrading to 5G phones by December: Ericsson survey

5G users in India stand out for their high quality daily engagement with apps.

The Hindu

IIT Madras ties up with Ericsson for research in responsible AI

IIT Madras partners with Ericsson Research for 5 yrs to develop cutting-edge methods to enhance trust & explainability in AI algorithms for public good. Key projects include large-language models in healthcare, participatory AI & generative AI models based on attention mechanisms.

The Hindu

Verizon’s CEO has been ranking his mood from 1-10 every day since 2009

Hans Vestberg, who has been in charge at the telco giant for five years, said great leadership starts with understanding yourself.

Fortune

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Fortune

Here’s the No. 1 thing Bang Olufsen’s CEO looks for before accepting a job offer

While there’s much to be said about having a squiggly career, getting swept up in the moment and following your gut instinct, there’s one thing Bang Olufsen CEO Kristian Teär always looks for when weighing up an opportunity.

StockNews.com

Which Chip Stock Is the Better September Buy: Intel (INTC) vs. Taiwan Semiconductor Manufacturing (TSM)

Amid rising chip demand across multiple sectors, let us explore the prospects of two prominent players in the semiconductor industry, Intel (INTC) and Taiwan Semiconductor (TSM), to identify the better buy in the coming month. Read more….

TechRadar

Vodafone and Ericsson want to use network slicing to boost cloud gaming

5G Standalone network slicing is great for mobile gaming, as it offers improved performance all around.

TechRadar

Global mobile markets could be shrinking at their fastest rate ever

RAN enthusiasm seems to have faded, leaving revenues in freefall.

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TechRadar

BT unveils significant 5G breakthrough that could mean faster connectivity for all

We're a step closer to Standalone 5G as BT and Ericsson successfully trial new technology.

StockNews.com

3 Big-Name Chip Stocks to Keep on Your Watchlist

Although the rising adoption of various consumer electronics across the globe and the increasing use of memory chips is expected to drive growth, the industry could face near-term challenges. However, big-name chip stocks Taiwan Semiconductor Manufacturing (TSM), Intel (INTC), and QUALCOMM (QCOM) could be worth adding to your watchlist. Keep…

Al Jazeera

Swedish embassy in Iraq relocates after attack over Quran burning

Swedish telecoms company Ericsson also looking into reports that Iraq has suspended its work permits there.

TechRadar

Vodafone and Ericsson team up to provide even faster 5G

More flexibility, spectrum efficiency, and energy savings should be coming to 5G networks everywhere.

The Guardian - UK

Nokia and Ericsson shares fall as cost of living crisis hits telecoms sales

Finnish company lowers profit expectations, while Swedish firm expects flat or ‘slightly up’ margins

Kiplinger

Adoption Of Speedy 5G Services Is Growing: Kiplinger Economic Forecasts

The use of mobile video apps, such as TikTok and YouTube, is driving the adoption of 5G around the world.

Autosport

Could IndyCar’s top team lose its standout 2023 drivers?

Ganassi heads into this weekend’s halfway IndyCar round at Mid-Ohio holding a 1-2 in points with Palou leading Ericsson by a whopping 74 points. Team Penske's Josef Newgarden is the best non-Ganassi driver, a further seven points behind.

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