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Ericsson revenue to dip 14 percent to $5.8 bn in Q3
InDepth
Editor
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October 12, 2016
Telecom network and software major Ericsson today said its revenue for Q3 2016 will dip 14 percent to SEK 51.1 billion or $5.79 billion,...
How Ericsson will manage slowdown in radio market by cutting cost
InDepth
Editor
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July 19, 2016
Patrick Filkins, analyst at TBR, says telecom network and software maker Ericsson will weather a downturn in the radio market by targeting cost reductions. ALSO...
Ericsson India revenue drops 20% due to spectrum auction delay
Telecom Equipment
Editor
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July 19, 2016
Telecom network and software maker Ericsson today said its sales in India fell 20 percent to SEK 2.4 billion or $280.4 million in the...
Ericsson to cut more costs, posts 11% drop in revenue
InDepth
Editor
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July 19, 2016
Ericsson CEO Hans Vestberg today announced new measures to cut costs, amid showing 11 percent drop in revenue in the second quarter of 2016. Q2...
Ericsson revenue drops 2% to $6.4 bn, 70% dip in net income
InDepth
Editor
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April 21, 2016
Ericsson said its revenue fell 2 percent to SEK 52.2 billion or $6.42 billion in the first quarter of 2016 – primarily due to...
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