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MTS Rolls Out Russia's First Ericsson Radio Dot System
2015-08-04 05:43:32| rfglobalnet Home Page
Ericsson and one of Russia's leading mobile operators Mobile TeleSystems (MTS) have successfully completed the first live deployment of the Ericsson Radio Dot System in a commercial building in Russia.
Tags: system
radio
dot
ericsson
SK Telecom, Ericsson Team Up on 5G Network Slicing
2015-07-27 17:26:01| Telecom - Topix.net
SK Telecom today announced that it has signed a Memorandum of Understanding with Ericsson to collaborate on the development of a 5G core network that deploys network slicing technology. Under the terms of the agreement, SK Telecom and Ericsson will develop and deploy network slicing technology optimized for 5G services.
Tags: team
network
telecom
ericsson
German Lawmakers Approve Greek Proposal; Electrolux, Ericsson in Focus
2015-07-18 11:50:36| Appliances - Topix.net
Electrolux net swung to profit of 608 million kronor. Ericsson profit plunged 20% and revenues climbed 11%.
Tags: focus
german
proposal
greek
Ericsson improves underlying margins in Q2, sales up 11%
2015-07-17 08:50:00| Telecompaper Headlines
(Telecompaper) Ericsson reported a strong increase in second-quarter results, helped by currency effects and a pick-up in its main Networks business. Sales increased by 11 percent year-on-year to SEK 60.7 billion. Adjusted for comparable units and currency rates, sales decreased by 6 percent, mainly due to less capacity business in North America. The mobile broadband business in North America stabilized in the quarter, but remained at a lower level than a year ago. The annual decline in North America was partly offset by an increased pace of 4G deployments in China, and sales growth was strong in the Middle East, India and South East Asia. Ericsson also reported strong demand in all regions for professional services, and favourable developments in its OSS and BSS business. Operating profit, excluding restructuring charges, jumped by almost 50 percent from a year ago to SEK 6.3 billion. After the weak first quarter, profitability at the Networks division recovered recovered, driven by increased sales and a positive currency hedge effect. Including SEK 2.7 billion in restructuring charges, mainly for job cuts in Sweden, operating profit fell 11 percent to SEK 3.6 billion, and net profit was down 20 percent to SEK 2.1 billion. Ericsson said it remains on track to achieve SEK 9 billion in cost savings in 2017 compared to 2014. It expects the savings to start showing up in results later this year. The consolidation in the industry continues, both among vendors and customers, creating opportunities and challenges. Therefore we have, during the first half of 2015, accelerated our transformation journey towards becoming a true ICT company. With our ongoing strategic initiatives we are well positioned to continue to create value for our customers in a transforming market.
Tags: up
sales
underlying
ericsson
Ericsson Collaborates With Softbank On 5G Trials In Tokyo
2015-07-17 07:12:03| rfglobalnet Home Page
Ericsson is extending its long-term partnership with SoftBank Corp., one of Japan's leading mobile operators, by adding joint field trials of 5G technology in Tokyo. The two companies will cooperate in developing a common understanding of 5G use cases and deployment scenarios, and will evaluate the performance of potential 5G key technology components in joint field trials as well as to collaborate on 5G research projects.
Tags: tokyo
ericsson
trials
softbank
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