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Africa: Telecom Growth - to Drive Down Cost, Operators, Not Technologies, Must Compete - Stenson, Er

Henry Stenson, Head of communications at LM Ericsson is an interviewer's delight any day. Mobile week cornered him recently in Cape Town South Africa at the Volvo Ocean Race and in a light chat, he speaks about his company's plans for Nigeria and the emerging markets, the evolving nature of telecom technology and what needs to be done to take growth to the next level.

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Ericsson calls time on U.S. R&D center

Telecom equipment conglomerate L.M. Ericsson (Stockholm, Sweden) is to close its Warrendale, Pennsylvania, research and development center in a move to cut costs.

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Swedish Telecom firm shuts W.Pa. unit, plans 250 job cuts

Swedish telecommunications firm LM Ericsson is intending to shut its Pittsburgh-area operation by the end of next year and 250 job cuts is in the process. The company said, it has 70,000 employees in 175 countries and may try to relocate some of the employees from the Marshall Township operation about 15 miles north of [...]

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Swedish telecom firm closing W. Pa. unit, 250 jobs

Swedish telecommunications firm LM Ericsson plans to close its Pittsburgh-area operation by the end of next year, cutting 250 jobs in the process.

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Ericsson to close Warrendale plant near Pittsburgh; 250 jobs affected

Telecom giant LM Ericsson Inc. announced Thursday it will shutter its Warrendale plant, and move the development work being done there to other locations.

1Vote!

Price of Laptops still Falling

AT&T Mobility, computer-maker Lenovo and infrastructure vendor L.M. Ericsson announced a teaming to knock off $150 from the price of 3G-capable laptops, with an eye toward enticing customers to mobile broadband. -RCR Wireless, Moving toward free laptops?

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Ericsson Q3 profit drops 30%; says unhurt by market turmoil; stock ... - Trading Markets (press release)

Ericsson Q3 profit drops 30%; says unhurt by market turmoil; stock ...Trading Markets (press release), CA - 2 hours ago(RTTNews) - LM Ericsson Telephone Co. (ERIC | Quote | Chart | News | PowerRating), a provider of telecommunications equipment and...

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Sony Ericsson Swings To a 3Q Loss

Mobile-phone maker Sony Ericsson on Friday said it swung to a loss in the third quarter, hurt mainly by weaker sales, continued price pressure on its handsets and negative effects from exchange-rate fluctuations. The LM Ericsson and Sony Corp. joint venture said it booked a net loss of EU25 million (US$33.6 million) for the quarter, compared with a profit of EU267 million in the same period last year....

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Sony Ericsson swings to quarterly loss

Mobile phone maker Sony Ericsson on Friday said it swung to a loss in the third quarter, hurt mainly by weaker sales, continued price pressure on its handsets and negative effects from exchange rate fluctuations. The LM Ericsson and Sony Corp. joint venture...

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Ericsson sells Pittsburgh-area property to Philadelphia real estate investor

Telecom giant LM Ericsson has closed on the $39.7 million sale of its sprawling corporate campus in the North Hills to a suburban Philadelphia-based real estate investor.

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Ericsson, STMicroelectronics form joint venture

Swedish wireless equipment maker LM Ericsson AB and Swiss chip-maker STMicroelectronics NV unveiled plans Wednesday to create a 50-50 joint venture that will make a key component known as chipsets for mobile phones. The merger of Ericsson's mobile platforms...

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Ericsson, STMicroelectronics form joint venture

Swedish wireless equipment maker LM Ericsson AB and Swiss chip-maker STMicroelectronics NV unveiled plans Wednesday to create a 50-50 joint venture that will make a key component known as chipsets for mobile phones.

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Movers roundup: LM Ericsson, Freeport-McMoRan

Shares in Sweden's LM Ericsson fell Tuesday after the world's largest wireless equipment maker reported a 70 percent plunge in second-quarter profits on costs related to acquisitions, development and restructuring.

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Ericsson shares down as 2Q profits plunge 70 pct

Shares in Sweden's LM Ericsson fell Tuesday after the world's largest wireless equipment maker reported a 70 percent plunge in second-quarter profits on costs related to acquisitions, development and restructuring.