Edition:
United Kingdom

Telefonaktiebolaget LM Ericsson (ERICa.ST)

ERICa.ST on Stockholm Stock Exchange

77.20SEK
18 Jan 2019
Change (% chg)

1.90kr (+2.52%)
Prev Close
75.30kr
Open
75.60kr
Day's High
77.50kr
Day's Low
75.60kr
Volume
50,676
Avg. Vol
36,904
52-wk High
85.20kr
52-wk Low
49.05kr

Select another date:

Thu, Jan 10 2019

Photo

Ericsson books charge as it rethinks Digital Services strategy

STOCKHOLM Sweden's Ericsson said it will book a 6.1 billion crown ($687 million) charge for the fourth quarter after a failed revamp of its loss-making Business Support System unit (BSS), as it seeks to protect its profitability targets.

UPDATE 2-Ericsson books charge as it rethinks Digital Services strategy

* Sees related restructuring charges of 1.5 bln crowns in 2019

Ericsson makes 6.1 bln SEK provision to revamp ailing BSS unit

STOCKHOLM, Jan 10 Mobile telecom equipment maker Ericsson said on Thursday it would make cost provisions of 6.1 billion Swedish crowns ($687 million) in the fourth quarter as it shifted strategy for its loss-making Business Support System (BSS) unit.

Reliance Communications says committed to settle dues with Ericsson

NEW DELHI, Jan 6 Indian telecom company Reliance Communications Ltd (RCom) said it remained "fully committed" to settle dues with Swedish telecom gearmaker Ericsson from the proceeds of its sale of wireless assets to Reliance Jio Infocomm Ltd.

Japan's SoftBank to shun Huawei in favour of Ericsson, Nokia equipment - Nikkei

TOKYO SoftBank Group Corp plans to replace 4G network equipment from China's Huawei Technologies Co Ltd [HWT.UL] with hardware from Nokia and Ericsson , Nikkei reported on Thursday, without citing sources.

Japan's SoftBank to shun Huawei in favor of Ericsson, Nokia equipment: Nikkei

TOKYO SoftBank Group Corp plans to replace 4G network equipment from China's Huawei Technologies Co Ltd with hardware from Nokia and Ericsson, Nikkei reported on Thursday, without citing sources.

UPDATE 1-Japan's SoftBank to shun Huawei in favour of Ericsson, Nokia equipment -Nikkei

* Huawei CFO arrested in Canada earlier this month (Adds SoftBank comment, other details)

Breakingviews - Ericsson debacle exposes costs of anti-Huawei push

LONDON (Reuters Breakingviews) - A global anti-Huawei push risks making an already concentrated market even less competitive. The drive is defensible on security grounds, but could lead to higher mobile bills, less investment and more widespread outages like the one caused on Thursday by Swedish group Ericsson’s glitchy software.

Ericsson sorry for software glitch that hits mobile services in UK and Japan

LONDON/STOCKHOLM Sweden's Ericsson apologised and said it was working hard to fix a software glitch that was responsible for millions of smartphone users in Britain, Japan and other countries losing internet access on Thursday.

Ericsson sorry for software glitch that hits mobile services in Britain and Japan

LONDON/STOCKHOLM Sweden's Ericsson apologized and said it was working hard to fix a software glitch that was responsible for millions of smartphone users in Britain, Japan and other countries losing internet access on Thursday.

Select another date: