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Ericsson boosts TV capabilities with Azuki buy
2014-02-06 01:00:00| Total Telecom industry news
Swedish vendor builds on Mediaroom buy with acquisition of video delivery platform.
Tags: buy
capabilities
ericsson
boosts
Ericsson Q4 results lifted by Samsung licensing deal
2014-01-30 09:00:00| Telecompaper Headlines
(Telecompaper) Ericsson reported stable sales and improved profits in the fourth quarter, helped by its new licensing deal with Samsung. Revenues of SEK 67.0 billion were unchanged year-on-year and included SEK 4.2 billion from the Samsung contract. The company's operating result improved to a profit of SEK 9.1 billion, including SEK 4.2 billion from Samsung and a SEK 0.4 billion charge for the acquisition of Airvana, versus a loss of SEK 3.8 billion a year ago. The operating margin was up across the board, to 17 percent at the Networks division and 8 percent at Global Services. Ericsson's net result was a profit of SEK 6.4 billion, reversing a loss of SEK 6.3 billion a year earlier, and Ericsson raised its dividend to SEK 3.00 per share from 2.75 a year ago. Operating cash flow was down slightly to SEK 14.6 billion from SEK 15.7 billion in Q4 2012. CEO Hans Vesterberg said the company's focus on profitability last year paid off, with an increase in margins and still 5 percent annual growth in comparable sales. The business mix started to move towards a higher share of capacity projects than coverage projects, although sales were under pressure in the last quarter, due to a slowdown in Japan and the wind-down of major projects in the US, Ericsson said. Sales are improving in China, and the company also expects the European market to start to recover, helped by Vodafone's plans for increased investment.
Tags: results
deal
samsung
ericsson
Ericsson CEO Vestberg Said to Tell Board He Plans to Stay
2014-01-30 00:29:02| Appliances - Topix.net
Ericsson AB Chief Executive Officer Hans Vestberg told directors today he has no plans to step down following reports that he is among candidates to succeed Microsoft Corp. 's Steve Ballmer , according to a person familiar with the matter.
Samsung, Ericsson Deal Ends Patent Spat
2014-01-27 21:35:01| PC Magazine Cell Phones Product Guide
Ericsson and Samsung have ended their patent scuffle, dropping all litigation against each other.
Tags: deal
samsung
ends
patent
Samsung to pay Ericsson $650 million plus royalties to end patent spat
2014-01-27 15:42:37| Semiconductors - Topix.net
Samsung Electronics Co will pay Ericsson $650 million along with years of royalties to end a technology license spat, the Swedish company said on Monday.
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