Mobile telecom equipment maker Ericsson beat first-quarter result forecasts on W...
FILE PHOTO: The Ericsson logo is seen at the Ericsson's headquarters in Stockholm, Sweden June 14, 2018.REUTERS/Olof Swahnberg
The Swedish company has shown steady improvement in profitability after slashing costs and seeing increasing demand for 5G equipment as it rebounds from falling spending on networks by telecoms operators in the middle of the decade. Ericsson also warned that ongoing investigations by the United States Securities and Exchange Commission and the United States Department of Justice could result in “material financial and other measures”.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China Investigates Ericsson Over Licensing as 5G Competition Heats UpTelecom-equipment maker Ericsson is being investigated by China’s antitrust authorities over its technology licensing practices, as 5G competition heats up between companies and governments.
Read more »
If US wants to be leader in 5G, it should approve Sprint, T-Mobile merger: AnalystA Sprint, T-Mobile merger is the path to the best 5G network we're likely to see in the U.S. and it will drive AT&T and Verizon to invest, says New Street Research's Jonathan Chaplin
Read more »
Germany reportedly won't exclude Huawei 5G technology — if it follows the rulesGermany's telecom regulator has no plans to stop Huawei from participating in its 5G infrastructure, provided the company satisfies security requirements, the FT reported.
Read more »
Huawei says not discussed 5G chipsets with Apple: chairmanHuawei Technologies, one of the world's biggest smartphone makers, has not ...
Read more »
Why Wall Street is worried that Apple is getting left behind in the 5G arms raceMany industry analysts are predicting a tough time for Apple in the race to embrace 5G, but this won't necessarily harm the company long-term.
Read more »
Germany reportedly won't exclude Huawei 5G technology — if the company follows the rulesGermany's telecom regulator has no plans to stop Huawei from participating in its 5G infrastructure, provided the company satisfies security requirements, the FT reported.
Read more »
Poland to hold off blanket ban on Huawei 5G gear due to cost concernsPoland is unlikely to exclude all Huawei equipment from its next generation mobi...
Read more »
The Netherlands forms task force to assess 5G supplier risksThe Dutch government on Monday said it will establish a special task force to we...
Read more »
U.S. to press allies to keep Huawei out of 5G in Prague meeting: sourcesThe United States will push its allies at a meeting in Prague next month to adop...
Read more »