Page 3 - Ericsson

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.

Galwan stand-off: NITI Aayog recommends indigenous 4G network for BSNL

If executed, the Niti Aayog move could have an adverse impact on global telecom gear manufacturers not just from China such as Huawei and ZTE but also European majors Ericsson and Nokia

India's data usage may touch 25 GB a month per user by 2025: Report

Ericsson, in its Mobility Report for June 2020, said India's data traffic growth continued its upward trajectory

UK plans new 5G club of 10 democracies, including India, says report

The group will aim to create alternative suppliers of 5G equipment and other technologies to avoid relying on China

BSNL union backs Rs 9,300-cr 4G tender to purchase from foreign firms

Domestic telecom product and equipment promotion body TEPC has charged BSNL of violating policy to give preference to indigenous technology companies

What is 5G and how Reliance Jio is taking a lead in this space

In India, Reliance Jio has approached the government to start 5G mobile network trials based on the technology and design that it has developed in-house

Reliance Jio seeks govt's permission for trial of self-designed 5G

The move comes on the heels of Jio deciding to broaden its 5G trial runs with Chinese giant Huawei Technologies, Ericsson, and Nokia Networks

US should buy control of Nokia, Ericsson to fight Huawei: Attorney general

"Putting our large market and financial muscle behind one or both of these firms would make it a far more formidable competitor and eliminate concerns over its staying power," Bill Barr said

Year in Review: Why 5G remained a distant dream for India in 2019 too

Despite several developments on the 5G front, the next-generation network connectivity is still nowhere close to being rolled out in India. Here's why

Ericsson pleads guilty to corruption charges in US, agrees to pay $1 bn

Ericsson said it had reviewed its anti-corruption program and taken measures to improve its ethics and compliance.