New Delhi: Telecom operator Vodafone Idea on Sunday said it has concluded a $3.6 billion deal with Nokia, Ericsson and Samsung for supply of network equipment over a period of three years and strengthen its footprint. According to the company, the deal marks the first step towards the rollout of the company’s transformative three-year capex … Read more
STOCKHOLM, May 30, 2024 /PRNewswire/ — Ericsson’s (NASDAQ: ERIC) Nomination Committee for the Annual General Meeting 2025 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012. The Nomination Committee consists of: Johan Forssell, Investor AB; Helena Stjernholm, AB Industrivärden; Anders Oscarsson, AMF Tjänstepension & AMF … Read more
Swedish telecommunications equipment maker Ericsson’s plans in China will involve cutting about 240 positions at its core network research and development (R&D) facility on the mainland, a company representative said in an email. Ericsson, which last month announced it was axing about 1,200 jobs in its home market, is now “diversifying [its] R&D footprint in … Read more
Swedish telecoms equipment giant Ericsson denied that it is withdrawing from the China market, even as local rivals including Huawei Technologies pose growing challenges in the country’s 5G equipment industry. Ericsson said it “remains committed to its customers in mainland China”, after local media reported that the company is exiting the country, where it has … Read more
