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Ericsson predicts additional 200 million 5G subs by 2025 due to virus
2020-05-11 02:00:00| Total Telecom industry news
The coronavirus pandemic occurred at a crucial time for 5G, with many operators still in the early stages of rolling out the new technology. With deployments slowed in many cases due to social distancing restrictions, as well as bizarre conspiracy theories linking the mobile technology to the virus itself, you would be forgiven for thinking that 5G development was being forced to take a back seat…read more on TotalTele.com »
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Ericsson exploring sale of Iconectiv unit for USD 1.5-2 bln - report
2020-05-04 09:20:00| Telecompaper Headlines
(Telecompaper) Ericsson is looking to sell its US call routing unit Iconectiv, Bloomberg reported, citing sources familiar with the matter. A sales advisor has been hired to help with the divestment, which has so far attracted a number of private equity firms. The unit is expected to bring in USD 1.5-2 billion.
Ericsson maintains outlook as margins improve, sales up 2% in Q1
2020-04-22 08:54:00| Telecompaper Headlines
(Telecompaper) Ericsson reported first-quarter sales up 2 percent and an improvement in its underlying margins. The company said it was seeing limited impact from the Covid-19 pandemic on its business and maintained its outlook for growth in 2020 and the medium term.
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BT signs Ericsson for delivery of 5G Core
2020-04-15 12:06:00| Telecompaper Headlines
(Telecompaper) BT has signed a contract with Ericsson for delivery of a dual-mode 5G Core, deployed on BT's Network Cloud. This will be a key part of BT's move to a single converged IP network.
Ericsson sees no impact on business yet from Covid-19
2020-03-31 16:27:00| Telecompaper Headlines
(Telecompaper) Ericsson has not seen any major impact on its business yet from the Covid-19 pandemic. CEO Boris Ekholm told shareholders at the company's annual meeting that the "top priority at the moment is the health and safety of our employees, customers, and other stakeholders. So far, we have not seen any material impact on our business, but we are closely following the developments in society."
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