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Ericsson well positioned to cash in on 5G, as Q1 revenues jump by 7%

2019-04-18 02:00:00| Total Telecom industry news

Swedish network equipment provider, Ericsson, has posted revenues of SEK 48.9 billion ($5.27 billion) in the first quarter of 2019, an increase of 7 per cent on Q1 2017. The company attributed its strong performance to increased revenues in the US and said that it was well positioned to reap the financial benefits of its investment in 5G over the next year…read more on TotalTele.com »

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Ericsson returns to profit in Q1 as organic sales growth strengthens to 7%

2019-04-17 10:22:00| Telecompaper Headlines

(Telecompaper) Ericsson reported a further strengthening in sales growth in the first quarter, with revenues up 7 percent on an organic basis compared to 4 percent in the previous quarter, thanks to expansion in the North American market. The company returned to a net profit, of SEK 2.4 billion, versus a loss of SEK 0.7 billion in the year-earlier period. 

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Beijing starts investigation into Ericsson

2019-04-16 10:37:00| Telecompaper Headlines

(Telecompaper) Ericsson's offices in Beijing were raided by investigators from China's State Administration for Market Regulation, the Wall Street Journal reported. The company confirmed the probe, and said it follows complaints from unspecified sources about the company's intellectual property licensing practices. 

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TIM and Ericsson launch Italy's first 5G connected airport

2019-04-14 02:00:00| Total Telecom industry news

Telecom Italia (TIM) and Ericsson have launched a new Virtual Reality and 5G demo area at Rome's Leonardo da Vinci Fiumicino Airport. The Virtual Reality 5G experience will offer tourists the opportunity to take a virtual tour of the city, while simultaneously experiencing the high speed and ultra…read more on TotalTele.com »

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Ericsson, Audi and Sick demonstrate human-robot interaction in realtime using 5G at Hannover Messe

2019-03-30 11:57:07| Green Car Congress

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