5G network slicing draws closer
OPPO, Ericsson and Qualcomm demonstrated a 5G network slicing solution for Android 12 smartphones. Network slicing allows operators to change the latency and bandwidth of systems within a network. It may take years for the technique to break through, but the moment is getting closer.
Network sli... Read more
US SEC opens bribery probe into Ericsson
The investigation was triggered by the company's own report about its potential misdoings in Iraq
Ericsson has admitted that the U.S. securities regulator has opened an investigation concerning the matters described in the company's 2019 Iraq investigation report., according to a report in REUTE... Read more
Ericsson warns it could be fined for reportedly paying ISIS bribes
Ericsson, which has been criticized for its handling of a bribery probe in Iraq, warned on Thursday that it might face a fine from US authorities and announced a drop in first-quarter primary earnings as a result of its cessation of operations in Russia.
Investors openly chastised Chief Executiv... Read more
Ericsson under fire from Cevian Capital, one of the largest shareholders
Investor Cevian Capital urges Ericsson to take action and restore shareholder confidence following a recent bribery scandal.
Ericsson's share price took an enormous blow. Value dropped by more than a third throughout last week. Investor Cevian Capital is calling on Ericsson to restore shareholde... Read more
Ericsson financed the Islamic State (IS) in major corruption scandal
Swedish infrastructure specialist Ericsson is embroiled in a corruption scandal. Ericsson bribed parties in several countries, including the terrorist group Islamic State (IS).
The news emerged from an investigation by journalists Maggie Michael, Sydney P. Freedberg and Dean Starkman on behalf o... Read more
Ericsson’s profits rise in response to increased demand for 5G network equipment
Ericsson reported on Tuesday its fourth-quarter earnings, which were above market estimates. The bottom line was pushed to new heights by a spike in telecom gear sales amid 5G rollouts across the globe. The push helped the Swedish company make up for the market share it lost in Mainland China.
C... Read more
Ericsson sues Apple in Europe and Brazil
Ericsson filed a lawsuit against Apple in Brazil and Europe. The Swedish firm claims that Apple is infringing on its cellular data patents now that a 2015 license agreement between the companies has expired. Ericsson has now launched further lawsuits in Brazil, the Netherlands, and Germany.
With... Read more
Ericsson sues Apple for infringing upon multiple 5G patents
Ericsson is suing Apple for the infringement of multiple patents. According to the complaint, Apple unlawfully uses Ericsson's technology to support 5G in iPhones.
The lawsuit is the result of a long-standing dispute. In 2015, Apple and Ericsson started a collaboration. Ericsson permitted Apple ... Read more
Ericsson is mulling over base station production in Russia
Swedish company Ericsson is conducting an audit of a site in Russia’s region of Kaliningrad. According to Kommersant Daily, the company wants to know if it can build telecom base stations there. The Russian publication cited unnamed telecom industry sources.
Russia has said it plans to extend ... Read more
Europe launches programme for 6G Research and Innovation
Nokia, Ericsson, Atos, Intel, Orange, Siemens, TIM and Telefonica are all supporting the initiative.
This week the European Commission announced that the newly created Joint Undertaking on Smart Networks and Services towards 6G (SNS JU) adopted its first Work Programme 2021-2022. The programme h... Read more