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Ericsson launches new software to boost 5G testing
2018-02-08 01:00:00| Total Telecom industry news
Ericsson has launched its 5G Radio Access Network (RAN) commercial software, hailing it as a major step towards enhancing its 5G platform. Ericsson believes that this launch will benefit operators pushing to be "…read more on TotalTele.com »
Tags: software
testing
ericsson
boost
Ericsson sells 51% of Media Solutions to One Equity Partners
2018-01-31 08:00:31| Digital TV News
Ericsson (NASDAQ:ERIC) has concluded the review of strategic opportunities for its media business. Media Solutions has been sold to One Equity Partners, with Ericsson retaining 49% of the shares. Ericsson will continue to develop Red Bee Media themselves.
Tags: media
solutions
partners
equity
Ericsson maintains dividend after FY loss, to sell part of media division
2018-01-31 07:35:00| Telecompaper Headlines
(Telecompaper) Ericsson saw its net loss swell to SEK 35 billion in 2017 as the company wrote down assets and took charges for widescale lay-offs and restructuring. However, the company maintained its annual dividend at SEK 1 per share and said it expects a smaller contraction in the network equipment market this year as it benefits from cost reductions. It also agreed to sell part of its media business.
Ericsson posts challenging financials for 2017, despite cost saving efficiencies
2018-01-31 01:00:00| Total Telecom industry news
Ericsson has posted a challenging set of full year financials for 2017, with reported sales decreasing by 10% compared with last year. The company's gross operating margin also fell from 29…read more on TotalTele.com »
Tags: posts
cost
saving
ericsson
Ericsson plans SEK 14.2 billion in impairment charges in Q4
2018-01-16 09:54:00| Telecompaper Headlines
(Telecompaper) Ericsson announced it will take a total of SEK 14.2 billion in impairment charges in its Q4 2017 results. In addition to writing down the value of old assets, the company will take a charge for the corporate tax reform in the US. The one-time items are expected to leave the company deep in the red for 2017.
Tags: plans
charges
billion
ericsson
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