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Tag: ericsson
Ericsson warns sales are 'under pressure'
2013-10-24 11:33:18| Appliances - Topix.net
Swedish wireless equipment company Ericsson AB warned Thursday that its sales are under pressure as big projects in the U.S. and Japan come on stream.
Tags: sales
pressure
ericsson
warns
Ericsson sees slowdown as Q3 sales fall 3%
2013-10-24 08:44:00| Telecompaper Headlines
(Telecompaper) Ericsson reported third-quarter sales down 3 percent to SEK 53.0 billion, hurt by currency effects and a slowdown in major projects. Comparable sales excluding forex rose 3 percent from a year earlier. Operating profit improved to SEK 4.2 billion from SEK 3.1 billion a year earlier, in part thanks to a shift in Europe away from low-margin upgrade projects towards capacity and LTE expansion. Net profit increased to SEK 3.0 billion from SEK 2.2 billion. Despite the shift in Europe and LTE contract wins with two Chinese operators, Ericsson said sales were "coming under some pressure". In addition to forex and the weak economy, two major mobile broadband coverage projects in North America are slowing down and it's nearing completion of a large project in Japan. Growth is expected to come from its new small cell products, as well as the recent expansion in IPTV with the Microsoft Mediaroom takeover.
Tags: sales
fall
ericsson
sees
Ericsson quarterly revenue falls unexpectedly
2013-10-24 02:00:00| Total Telecom industry news
Profits up, but currency issues, weakness in Japan hit Swedish vendor's top line.
Tags: falls
revenue
quarterly
ericsson
Shandong Cable deploys Ericsson Multiscreen TV solution
2013-10-22 13:10:03| Digital TV News
Ericsson (NASDAQ: ERIC) has announced that Shandong Cable Network has deployed the latest generation of its Multiscreen TV solution. Its core functionality includes content management, VOD back-office and digital rights management.
Tags: solution
cable
ericsson
shandong
5G will have to do more than send speed up your phone, Ericsson says
2013-10-17 23:45:48| InfoWorld: Top News
For consumers looking forward to 5G mobile technology for super-high speed, network giant Ericsson says there will be more to it than that -- and less. A 5G mobile standard isn't in formal development yet and isn't likely to be in commercial networks until 2020, according to Vish Nandlall, Ericsson's CTO and senior vice president of strategy, who spoke at the GigaOm Mobilize conference Wednesday. Even then, 5G won't be totally at consumers' beck and call to deliver their cat videos and social network feeds.
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