(Reuters) – 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. Sandstrom will join the …
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(Reuters) -Ericsson shares were volatile on Thursday, defying indications for a sharp fall after the Swedish telecom gear maker overnight announced a $2.9-billion impairment related to its acquisition of cloud …
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By Stephen Nellis (Reuters) – Intel Corp on Tuesday said that it will work with Swedish telecommunications gear maker Ericsson to make a custom chip for Ericsson’s 5G networking gear, …
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Telefonaktiebolaget LM Ericsson (Ericsson), a multinational telecommunications company headquartered in Stockholm, Sweden, has agreed to plead guilty and pay a criminal penalty of more than $206 million after breaching a …
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Damian Williams, the United States Attorney for the Southern District of New York, Kenneth A. Polite, Jr., the Assistant Attorney General of the Justice Department’s Criminal Division, and James C. …
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(Reuters) – Shares in Sweden’s Ericsson extended their losses on Friday a day after a strategy update in which the telecom equipment maker said several of its more profitable markets …
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OSLO (Reuters) -The Swedish Prosecution Authority on Monday said it had closed an investigation into suspected bribery payments made in China by employees at telecoms equipment maker Ericsson because there …
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OSLO (Reuters) – Swedish telecom equipment maker Ericsson has been contracted to build a 5G network in Greenland, initially covering three towns, local phone company Tusass said on Friday. Deploying …
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STOCKHOLM – Ericsson on Thursday closed its $6.2 billion Vonage acquisition, nearly a month after it was delayed due to a pending investigation by a U.S. national security panel. The …
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STOCKHOLM – Swedish telecom equipment maker Ericsson, French aerospace group Thales and U.S. chipmaker Qualcomm plan to work jointly to develop a satellite-driven 5G network to improve terrestrial connectivity. A …
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STOCKHOLM -Swedish prosecutors have opened a preliminary investigation in to alleged bribes paid by telecom giant Ericsson in Iraq, Swedish news agency TT said on Wednesday, quoting the prosecutor Leif …
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NEW ORLEANS, April 15, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until …
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NEW ORLEANS, April 1, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until …
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By Supantha Mukherjee STOCKHOLM – Ericsson Chief Executive Borje Ekholm said on Tuesday he had told staff in 2019 to disclose to the U.S. Department of Justice all information on …
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STOCKHOLM – Ericsson Chairman Ronnie Leten said on Monday a comprehensive review is underway led by its new chief legal officer over the company’s conduct relating to Iraq and how …
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NEW ORLEANS, March 18, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May …
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MADRID – Telefonica has bought 5G network equipment from Swedish manufacturer Ericsson to replace some of the Huawei gear it has rolled out in Spain, a source at the Spanish …
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STOCKHOLM – Sweden’s Ericsson on Tuesday raised its global forecast for 5G mobile subscriptions to 660 million by the end of this year, citing stronger than expected demand in China …