Search Results for: Ericsson
Ericsson’s Board names Börje Ekholm new President and CEO
October 26th, 2016
Ericsson (NASDAQ:ERIC) today announced that its Board of Directors has appointed Börje Ekholm President and CEO, effective January 16, 2017. Börje Ekholm will also remain a member of the Board of Directors of Ericsson. Chairman of the Board Leif ...
Ericsson to cut 3,900 jobs in Sweden
October 4th, 2016
Ericsson (ERICb.ST) plans to cut around 3,900 jobs in Sweden, doing away with most of its manufacturing in the country as it grapples with a shrinking market for telecoms network equipment. The Swedish company, whose share price has fallen ...
Ericsson and Apple sign global patent license agreement, settle litigation
December 22nd, 2015
Agreement includes a global cross license for patented standard-essential technologies and grants certain other patent rights. The settlement ends all ongoing patent-infringement claims between the parties. The terms of the agreement are confidential. Companies will collaborate in multiple technology ...
Ericsson and VeriFone Mobile Money announce global partnership
June 15th, 2015
VeriFone Mobile Money Retail Enablement software suite integrated with Ericsson Wallet Platform to expand payment options, including in emerging markets Ericsson customers gain capability to offer contactless near field communication (NFC) and tap-and-pay services at retail locations Ericsson (NASDAQ:ERIC) ...
Ericsson Sues Apple in Europe Over Phone Patent Royalties
May 8th, 2015
Ericsson AB said it sued Apple Inc. in three countries as it ratcheted up a global licensing battle between the companies. The suits in Germany, the U.K. and the Netherlands add to U.S. filings seeking a patent-licensing agreement for technologies fundamental ...
Apple Sues Ericsson Over Patents Related to LTE Connectivity
January 14th, 2015
Apple Inc. sued Ericsson , alleging the patents being asserted by the Swedish networking giant aren’t “essential” to high-speed wireless technology the iPhone maker uses in its mobile devices. In a complaint filed in U.S. District Court for Northern ...
Russia’s MTS raises contract with Ericsson to over $1.5 billion
August 22nd, 2014
Russia’s biggest mobile phone operator MTS (MBT.N) (MTSS.MM) said on Friday it had increased its contract with Swedish telecom equipment supplier Ericsson (ERICb.ST) to more than $1.5 billion. MTS said it had signed a $286 million contract with Ericsson ...
European stocks steady as focus turns to ECB decision, earnings
April 14th, 2022
European stocks were little changed as investors focused on the corporate earnings season as well as the European Central Bank’s meeting for cues on the path of monetary policy. The Stoxx Europe 600 Index was up less than 0.1% ...
European stocks rose on Monday
July 13th, 2020
European stocks rose on Monday, as optimism surrounding second-quarter earnings offset a disturbing rise in coronavirus cases, including in the key U.S. state of Florida. After edging up 0.4% last week, the Stoxx Europe 600 gained 0.6%. The German ...
European stocks climb as investors monitor coronavirus spread, economic data
February 19th, 2020
The pan-European Stoxx 600 was up 0.5% by mid-morning having earlier notched a new record high. Basic resources and household goods added 0.8% to lead gains as most sectors and major bourses entered positive territory. China’s National Health Commission ...
