Page 5 - Ericsson

Nokia wins first 5G radio contract in China, Ericsson loses ground

As is customary, Chinese companies took the lion's share of the order

Samsung skips telecom PLI scheme; Ericsson participates through Jabil

South Korean electronics major Samsung has not applied for the production-linked incentive scheme for telecom gear manufacturing

India may have 330 million 5G subscribers by 2026, says Ericsson

Average data consumption per smartphone at 14.6 GB per month in India continues to be the second-highest in the world

Ericsson joins hands with UNICEF to help in fight against Covid-19 in India

Swedish telecom gear maker Ericsson on Thursday said it has donated to UNICEF around $1 million as a contribution from the company

5G momentum accelerating globally; committed to open markets: Ericsson CEO

Swedish telecom equipment maker Ericsson on Tuesday said 5G adoption is accelerating around the world, and the company remains upbeat about the future given the rapid pace of innovation

Capgemini sets up 5G lab in Mumbai; its first in Asia and third globally

Lab set up in collaboration with Ericsson, spread over 1,300 sq ft

India can have 40 mn 5G users in 1st year once service available: Ericsson

India can potentially have 40 million 5G users in the first year when the next-generation service is made available to them, a report released by telecom company Ericsson said on Wednesday.

India among top-five countries in first-quarter net sales for Ericsson

Ericssonreported that across the Southeast Asia, Oceania and India markets, sales rose year-on-year in networks, driven by continued investments in LTE, primarily in India

Ericsson claims Samsung violated contractual commitments on 5G

Swedish telecom gear maker Ericsson has accused Samsung of violating contractual commitments by failing to adhere to various licensing patent agreements ranging from 2G to 5G.

Ericsson wants prior investments linked to PLI scheme eligibility

Ericsson's stand is significant as the draft PLI scheme stipulates that global companies have to make an incremental investment of Rs 600 crore over four years to be eligible for it

Ericsson reports upbeat third qtr earnings boosted by 5G network rollouts

Swedish telecom equipment maker Ericsson has reported upbeat third quarter earnings, helped mainly by the rollout of 5G wireless networks in China and a strong US market.

Ericsson beats earnings forecast on higher margins, 5G rollout in China

Ericsson shares jumped as much as 9% to a five year high as gross margins reached their best level since 2006 and revenues rose at the Swedish company's mainstay networks business despite disruptions

Airtel extends pact with Ericsson for deployment of 5G-ready radio network

Telecom operator Bharti Airtel has extended its contract with Ericsson for deployment of 5G-ready radio network, a statement said on Wednesday

Ericsson to buy wireless networking firm Cradlepoint in $1.1 billion deal

Ericsson has agreed to buy U.S.-based wireless networking company Cradlepoint in a $1.1 billion deal, the Swedish telecoms gear maker said on Friday.

Finland is building its Nokia stake in response to US interest: Report

The state's equity-asset manager Solidium Oy recently crossed the 5% threshold in Nokia shares, and now has about 1 billion euros ($1.2 billion) worth of stock

Japanese e-commerce giant Rakuten gets Indian firms on board for 5G

Rakuten is tying up with Indian companies such as Sterlite Technologies for hardware and HCL, Wipro, and Tech Mahindra for software

BS READS: How deep Huawei's roots run and why it's tough to keep it out

Keeping Huawei out is hard as its offerings are cheaper than European rivals, and it has ongoing maintenance contracts with telcos here. Two-thirds of 560,000 towers in India run on Huawei equipment

Nokia posts surprise second-quarter profit rise ahead of CEO change

Lagging behind its rivals China's Huawei and Sweden's Ericsson in 5G network sales, Nokia said its April-June underlying earnings rose to 0.06 euros per share

Airtel renews pan-India managed services partnership with Ericsson

Bharti Airtel has renewed its agreement with Swedish telecom gear maker Ericsson to manage pan-India network operations, the companies said in a joint statement

Reliance, Sterlite, TechM set to power next-gen 5G telecom networks

The move entails moving from the current hardware-dependent networks to ones that will be software-centric with hardly any dependency on the underlying hardware.