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Tag: ericsson
Ericsson to miss operating margin target
2017-11-08 01:00:00| Total Telecom industry news
Ericsson on Wednesday revealed that it does not expect to hit its sustainable operating margin target of 12% by 2018. The Swedish kit maker said at its capital markets day that it does not expect to meet that goal until some point after 2020. "We have plans in place for all segments that combined sum up to an operating margin of between 10&ndash…read more on TotalTele.com »
Tags: miss
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Ericsson bids farewell to another veteran exec
2017-11-07 01:00:00| Total Telecom industry news
Another high-profile departure from Ericsson came on Tuesday, as the struggling kit maker waved goodbye to long-serving executive Jan Frykhammar. Frykhammar has 26 years at Ericsson under his belt, serving as head of Global Services…read more on TotalTele.com »
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Ericsson wins network upgrade contract from Tele Greenland
2017-11-03 13:11:00| Telecompaper Headlines
(Telecompaper) Ericsson said that Tele-Post Greenland has selected it as a long-term partner to upgrade its network. It said the Ericsson Radio System will enhance coverage and the mobile broadband service, and it will introduce Fixed Wireless Access in a number of settlements.
Tags: network
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Verizon, Ericsson in California massive MIMO rollout
2017-10-30 01:00:00| Total Telecom industry news
Verizon and Ericsson have teamed up to deploy massive multiple input, multiple output (MIMO) on the U.S. telco's 4G network in Irvine, California. Verizon said the upgrade improves spectral and energy efficiency…read more on TotalTele.com »
Tags: california
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Ericsson net loss swells to SEK 4.3 billion in Q3, sales fall 6%
2017-10-20 08:30:00| Telecompaper Headlines
(Telecompaper) Ericsson saw its net loss widen to SEK 4.3 billion for the third quarter, from SEK 0.2 billion a year ago, due to a number of one-time restructuring costs and writedowns. Revenues at the network equipment maker also fell 6 percent, to SEK 47.8 billion, and adjusted operating profit, excluding all the charges, was breakeven.
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