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April 1, 2014
05:43 EDTERICEricsson signs deal with DNA in Finland for 4G LTE expansion
Finnish telecom company DNA has signed a deal with Ericsson to supply a new, nationwide LTE 800 MHz network and to improve existing 4G, 3G and 2G networks. Ericsson is deploying the latest multi-standard RBS 6000 family of base stations and network management solutions. Alongside the products, Ericsson will provide network rollout services such as installation, civil works, integration, commissioning and associated project management. In addition, Ericsson will provide support for software and hardware, spare parts management services and initial tuning.
News For ERIC From The Last 14 Days
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June 30, 2015
17:34 EDTERICEricsson asks for documents that may be relevant in Apple case, Re/code says
Ericsson (ERIC) has asked a a Taiwanese company, Simplo Technology, thought to be an Apple (AAPL) supplier to hand over documents that may be relevant to its patent dispute case with Apple, says Re/code. Earlier this year, Ericsson filed complaints with the International Trade Commission as well the U.S. District Court in Texas claiming that Apple’s iPhones and iPads violate patents used in setting the 2G and 4G LTE wireless communications standards, added Re/code. Reference Link
05:38 EDTERICEricsson announces LTE expansion contract with Chunghwa Telecom
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June 24, 2015
10:38 EDTERICEricsson announces deal with SaskTek to provide M2M connectivity
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05:31 EDTERICEricsson provides update on cost and efficiency program
The global cost and efficiency program, announced at Ericsson's Capital Markets Day on November 13, 2014, is progressing according to plan. The ambition is to achieve savings of approximately SEK 9B., with full effect during 2017. As part of the global program, on March 11, 2015, Ericsson announced that 2,200 positions in Sweden, mainly in R&D and Supply, were subject to notice. As the next step of this activity, individuals on different locations in Sweden have been given notice during June. In total, there will be a reduction of approximately 2,100 positions, with some 1,700 employees leaving the company.For Q2, restructuring costs of approximately SEK 2.5B are expected. These estimated costs include normal ongoing restructuring as well as charges related to the cost and efficiency program, this quarter primarily driven by changes in Sweden. Savings related to this specific activity will start to impact results towards the end of 2015.

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