Ericsson

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Ericsson to pay $206M for breaking US deal in bribery case

[ad_1] STOCKHOLM — Swedish telecom equipment maker Ericsson has agreed to plead guilty to U.S. foreign corruption violations and pay…

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Ericsson pleads guilty to US bribery violations and agrees to pay $206M+ in penalties; the company paid $1B+ in fines to the US DOJ and SEC in 2019 for bribery (Rohan Goswami/CNBC)

[ad_1] Rohan Goswami / CNBC: Ericsson pleads guilty to US bribery violations and agrees to pay $206M+ in penalties; the…

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Memo: Ericsson plans to lay off 8,500 of its 105K+ employees, or 8% of its staff; in December, the company said it would cut costs by ~$880M by the end of 2023 (Supantha Mukherjee/Reuters)

[ad_1] Supantha Mukherjee / Reuters: Memo: Ericsson plans to lay off 8,500 of its 105K+ employees, or 8% of its…

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Ericsson says global 5G subscriptions are edging towards one billion

[ad_1] Ericsson says there are now more than 700 million active 5G subscriptions globally, with 70 million added in the…

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As Ericsson and Nokia announce plans to exit Russia, the country's mobile operators will become more dependent on Chinese companies such as Huawei and ZTE (Reuters)

[ad_1] Reuters: As Ericsson and Nokia announce plans to exit Russia, the country’s mobile operators will become more dependent on…

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Ericsson, Nokia and Google make 5G breakthrough on Android 13

[ad_1] Google has successfully completed trials of technology that will allow a single Android device to switch between network slices…

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Ericsson, Qualcomm, and Thales are taking 5G to space

[ad_1] Ericsson, Qualcomm, and Thales plan to bring 5G connectivity to low earth orbit (LEO) satellite constellations, potentially expanding coverage…

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BT partners with Ericsson on private 5G

[ad_1] BT and Ericsson have agreed a multi-million-pound joint partnership to build commercial private 5G networks for businesses across the…

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BT partners with Ericsson to offer private 5G networks to companies in the UK, the first service of its kind (Anna Gross/Financial Times)

[ad_1] Anna Gross / Financial Times: BT partners with Ericsson to offer private 5G networks to companies in the UK,…

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Ericsson steps up R&D efforts with 250 new staff in Ireland

[ad_1] Ericsson plans to hire 250 new staff to further its 5G efforts at its Irish research and development (R&D)…

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