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Ericsson Feels US Capex Squeeze in Q4
2015-01-27 13:29:03| Appliances - Topix.net
Ericsson's global scale helped it cushion the blow of an ongoing capex squeeze in North America, its largest geographic market by sales, in the fourth quarter and full year 2014. While US operators spent less on their networks -- focusing investments instead on bidding for additional spectrum and participating in industry consolidation -- mobile broadband investments in much of Europe, the Middle East and pockets of Asia-Pacific helped Ericsson AB report revenues for the fourth quarter and full year that were roughly in line with a year earlier.
Tags: ericsson
feels
squeeze
q4
Ericsson Q4 sales stable, increases dividend 13%
2015-01-27 08:31:00| Telecompaper Headlines
(Telecompaper) Ericsson reported fourth-quarter sales up 1 percent year-on-year to SEK 68.0 billion. Adjusted for comparable units and currency effects, sales declined 2 percent. Ericsson said strong sales growth in the Middle East, Europe and Asia was offset by a continued decline in North America, as US operators focused on conserving cash for acquisitions and the spectrum auction. Ericsson's operating profit fell 30 percent year-on-year to SEK 6.3 billion, the drop due to an initial licensing payment from Samsung received in Q4 2013. Excluding this, operating profit improved, primarily driven by higher software sales and efficiency enhancements at its core business. This was partly offset by higher operating expenses, related to the planned ramp up of investments in targeted areas, Ericsson said. Ericsson said it was on track with its strategy outlined in November at its capital markets day, including planned cost reductions for the period to 2017 and the exit of the modem business. The company grew cash flow in 2014 to SEK 18.7 billion from SEK 17.4 the previous year and increased its dividend for the year by 13 percent to SEK 3.40 per share.
Tags: sales
increases
stable
ericsson
US slowdown weighs on Ericsson Q4
2015-01-27 01:00:00| Total Telecom industry news
Swedish kit maker reports flat revenue growth; expects North America to remain sluggish in 2015.
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q4
weighs
slowdown
Dear Apple: Ericsson Wants More Money From Its Patents
2015-01-18 21:46:00| Wireless - Topix.net
Apple is seeking a declaratory judgment that seeks to declare the specific patents that Ericsson claims as essential to LTE are not in fact essential to LTE. Ericsson stands to gain a lot of money if the U.S. court upholds its LTE patents and order Apple to pay royalty rates that apply to the whole device's base.
Tags: money
apple
dear
ericsson
Dear Apple: Ericsson Wants More Money From Its Patents
2015-01-18 21:03:08| Telecom - Topix.net
Apple is seeking a declaratory judgment that seeks to declare the specific patents that Ericsson claims as essential to LTE are not in fact essential to LTE. Ericsson stands to gain a lot of money if the U.S. court upholds its LTE patents and order Apple to pay royalty rates that apply to the whole device's base.
Tags: money
apple
dear
ericsson
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