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Ericsson network sales grow in Q2 on NAmerican investment in 5G

2018-07-18 08:19:00| Telecompaper Headlines

(Telecompaper) Ericsson reported improved sales growth at its core networks business in Q2, driven by investment at North American operators in 5G. However, increased R&D spending and restructuring costs meant the company's net loss widened. 

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5G focus revitalises Ericsson, as Swedish kit maker returns to profitability

2018-07-18 02:00:00| Total Telecom industry news

Ericsson has beaten analysts' expectations and posted a strong set of financials for Q2 2018, thanks to its renewed focus on 5G projects across the globe. Ericsson has embarked upon a high-profile cost saving initiative, which is responsible for returning the company to a more sound financial footing by 2020…read more on TotalTele.com »

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Ericsson relaunches Media Solutions business as Mediakind

2018-07-11 09:31:00| Telecompaper Headlines

(Telecompaper) Ericsson has relaunched its Media Solutions business under the new name MediaKind. This follows an agreement in January to sell a majority stake in the business to One Equity Partners. The MediaKind brand will be carried forward when the transaction between One Equity Partners and Ericsson is completed, the company said.

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TDC names Sony Ericsson ex-CEO Nordberg as board chairman from August

2018-06-18 17:18:00| Telecompaper Headlines

(Telecompaper) Danish operator TDC has announced the appointment of Bert Nordberg as chairman from 01 August. TDC was recently taken over by a consortium of pensions companies PFA Pension & Forsikringsselskab, PKA and ATP and Macquarie Infrastructure and Real Assets. Nordberg has served as chairman of Vestas since 2012 and is non-executive director of the boards of Electrolux, Saab, Skandinaviska Cellulosa (SCA) and Essity. Between 2009 and 2012, he was president and CEO of Sony Ericsson.

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Ericsson: The US will be first for 5G and will hit 50% coverage by 2023

2018-06-13 02:00:00| Total Telecom industry news

The US could pip its rivals in Asia to the title of "first for 5G", as it looks to rollout its first network offerings later this year, according to kit manufacturing giant, Ericsson. Speaking exclusively to Total Telecom at the 5G World event in London this week…read more on TotalTele.com »

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