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Ericsson chosen by KT Skylife for UHDTV expansion

2016-05-26 10:30:39| Digital TV News

KT SkyLife has chosen Ericsson (NASDAQ:ERIC) HEVC encoders to expand its Ultra High Definition (UHDTV) service. The deal marks KT SkyLife's fifth UHD channel launch to date, and underlines its leadership in providing the greatest number of UHDTV channels in Korea.

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Ericsson and Turkcell demonstrate live sports streaming over LTE Broadcast

2016-05-17 11:00:11| Digital TV News

Ericsson (NASDAQ: ERIC) and Turkcell have delivered the first immersive live streaming mobile experience over LTE Broadcast in Turkey. This took place during a derby between Fenerbahce and Galatasaray Odeabank, two of Istanbul's biggest basketball teams.

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MTN Ghana picks Ericsson for LTE rollout in Greater Accra region

2016-05-06 02:00:00| Total Telecom industry news

Vendor to install multi-standard radio solution that supports GSM/EDGE, WCDMA/HSPA, and LTE.

Tags: region greater ericsson picks

Ericsson steps up cost-cutting as Q1 sales slow

2016-04-21 08:25:00| Telecompaper Headlines

(Telecompaper) Ericsson announced plans to step up its cost-cutting efforts after report first-quarter revenues fell 2 percent year-on-year to SEK 52.2 billion. The company said it saw a slowdown in Europe after completion of mobile broadband projects there last year as well as economic weakness in some emerging markets. Growth remained strong in mainland China, and sales also grew in North America and southeast Asia. The company achieved already in Q1 SEK 500 million of its targeted SEK 9 billion in cost savings, helping the operating margin improve to 6.7 percent from 4.0 percent a year ago. The higher margin came from improvements in Networks, partly offset by lower profitability in Global Services, Ericsson said. In addition to the SEK 9 billion by the end of 2017, Ericsson said it started measures in the quarter to adapt the operations to the lower mobile broadband project volumes. This will mainly affect the service delivery activities and result in higher restructuring charges this year of SEK 4-5 billion in total, versus the previous estimate of SEK 3-4 billion.

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