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Tag: ericsson
Ericsson CEO says Cisco deal 'not a normal partnership'
2015-11-09 01:00:00| Total Telecom industry news
Vendors keen to emphasise they spent 13 months hammering out the details of their all-encompassing agreement.
Tags: normal
deal
partnership
ceo
Ericsson, Cisco strike all-encompassing strategic partnership
2015-11-09 01:00:00| Total Telecom industry news
Equipment giants to collaborate on sales, services and research; deal expected to generate $2 billion in annual revenue by 2018.
Tags: partnership
strategic
strike
ericsson
Ericsson inks two 4G deals in Indonesia
2015-11-02 01:00:00| Total Telecom industry news
Telkomsel, Indosat contract Swedish vendor for equipment from its RBS 6000 base station family.
Tags: deals
indonesia
ericsson
inks
Ericsson Sales Miss Estimates on China 4G Spending Slowdown
2015-10-24 04:04:38| Appliances - Topix.net
The gross margin, or the percentage of sales left after subtracting production costs, was 34.5 percent excluding some items, the network-equipment maker said on Friday. Analysts predicted 35.3 percent, the average of estimates compiled by Bloomberg.
Tags: sales
china
miss
estimates
Ericsson improves margins as sales slow in Q3
2015-10-23 08:40:00| Telecompaper Headlines
(Telecompaper) Ericsson reported improving margins and profits in the third quarter, as its efficiency programme helped offset weak sales. Revenues increased 3 percent year-on-year to SEK 59.2 billion, but were down 9 percent on an organic basis due to lower sales in Networks. This was partly offset by sales growth in Professional Services. A higher share of services in the revenue mix led to a drop in the adjust gross margin, to 34.5 percent from 35.5 a year ago. The operating margin, excluding restructuring costs, improved though, to 10 percent from 7 percent a year earlier, thanks to lower costs. Ericsson said its Network Rollout business, within Global Services, also reached breakeven. Net profit rose to SEK 3.1 billion from SEK 2.6 billion in Q3 2014, and operating cash flow returned to a positive SEK 1.6 billion after a negative SEK 1.4 billion a year ago.
Tags: sales
slow
ericsson
improves
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