In the fourth quarter, sales in its networks unit declined 23%. Its North America segment posted a 50% sales drop
Swedish telecoms equipment giant Ericsson warned Tuesday that it expected further market decline outside China this year after booking a sizeable loss in 2023 due to a write-down and restructuring cos

Ericsson appoints Lars Sandstrom as new CFO

01:15am, Tuesday, 23'rd Jan 2024
Swedish telecoms equipment maker Ericsson said on Tuesday it appointed Lars Sandstrom as its new chief financial officer, replacing long-time company veteran Carl Mellander.
Investors should pass on shares of Ericsson and Nokia, say Barclays analysts who downgraded both telecom equipment providers, citing unappealing valuations and struggling radio access networks (RAN).
Ericsson (ERIC) closed the most recent trading day at $6.05, moving -0.82% from the previous trading session.
Börje Ekholm, CEO of Ericsson, discusses the company's $14 billion deal with AT&T, the 5G cycle, and the outlook for 6G.
Ericsson's (ERIC) wholly-owned subsidiary Cradlepoint launches an advanced 5G router solution offering cutting-edge networking features with enterprise-class security for retail applications.
ODIDO selects Ericsson's (ERIC) billing system to upgrade its billing Infrastructure. The system is a one-stop solution for billing, charging and convergent business operations.
Ericsson (ERIC) closed the most recent trading day at $6.11, moving -0.81% from the previous trading session.
Computer networking companies provide products for internet connectivity and networking to encompass wireless and Ethernet connections. A number of companies in the sector offer IT security products a
The latest trading day saw Ericsson (ERIC) settling at $6.33, representing a -0.16% change from its previous close.
Investors seeking exposure to telecom stocks can consider focusing on individual companies that are actively involved in 5G infrastructure. Following the initial investor hype around the rollout of 5G
Three Ireland selects Ericsson's (ERIC) portfolio to implement 5G Standalone and develop advanced applications for various industries.
Orange Spain selects Ericsson's (ERIC) dual-mode 5G core and Local Packet Gateway solution to deploy private 5G networks for the B2B sector.
In the intricate tapestry of the stock market, discerning investors often spot red flags in certain stocks, signaling potential turbulence ahead. These controversial stocks, marred by complex challeng
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