Tag: Ericsson
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Ericsson Reports 5% Drop in Q3 2023 Revenue, Networks Business Impacted by North American Slowdown
Telecom equipment giant Ericsson has revealed a 5 percent dip in revenue, totaling SEK 64.5 billion during the third quarter of 2023, compared to...
Ericsson Records SEK 32 bn Impairment Charge, Highlights Strategic Focus in Q3 2023
Ericsson announced a non-cash impairment charge of SEK 32 billion for the third quarter of 2023, adhering to IFRS accounting standards. This charge constitutes...
Ericsson Appoints Chris Houghton as Chief Operating Officer
Ericsson, a global leader in telecommunications, has made significant announcements regarding leadership appointments and retirements aimed at accelerating its business transformation. These changes underscore...
Ericsson ConsumerLab Study Reveals Growing Demand for Differentiated 5G Services
In a recent study conducted by Ericsson ConsumerLab, it has been found that one in five 5G smartphone users are willing to pay up...
Ericsson Pioneers Open RAN Industrialization, Advances Cloud-Based Network Architecture
Today, Ericsson reinforced its unwavering dedication to lead the charge in industrializing Open RAN and to usher the advantages of cloud-based open network architecture...
