5G mobile subscriptions in India to reach 130 mn in 2023
New Delhi, Nov 30 (IANS) 5G subscriptions in India are expected to reach 130 million in 2023, and are estimated to grow to 860 million by 2029, a new report showed on Thursday. 5G...
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Ericsson A News & Analysis
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JPMorgan downgrades LM Ericsson B to 'neutral' with a price target of kr61.00
An analyst from JPMorgan downgraded LM Ericsson B (ST: ERICb) from 'overweight' to 'neutral' with a price target of kr61.00 from a prior price target of %currency%%price%. Prior to this...
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OpenAI fiasco triggers serious calls for guardrails around AI industry
New Delhi, Nov 25 (IANS) The nail-biting drama around Sam Altman being sacked from OpenAI, joining Satya Nadella-run Microsoft (NASDAQ:MSFT) and then returning to OpenAI -- all within a...
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Nokia and Ericsson face challenges amid slow 5G adoption
Facing significant hurdles in the wake of Huawei's expulsion from Western markets, Nokia (HE:NOKIA) and Ericsson (BS:ERICAs), the remaining switchgear providers, are grappling with...
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UBS maintains LM Ericsson B at 'neutral' with a price target of kr54.00
An analyst from UBS maintained LM Ericsson B (ST: ERICb) at 'neutral' with a price target of kr54.00 from a prior price target of %currency%%price%. Prior to this rating, LM Ericsson B...
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IMC 2023: Showcasing India’s transformational role in telecoms
New Delhi, Oct 28 (IANS) The 7th edition of the Indian Mobile Congress (IMC) 2023, the largest telecom, media and technology forum in Asia, is showcasing the transformational role of telecom...
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Ericsson introduces ‘India 6G’ programme at Chennai R&D centre
New Delhi, Oct 28 (IANS) Swedish telecommunications giant Ericsson (BS:ERICAs) on Saturday announced the launch of its ‘India 6G’ programme with the formation of a 6G research team at its...
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Qualcomm, Airtel, Ericsson demonstrate 5G RedCap tech at IMC 2023
New Delhi, Oct 27 (IANS) Chip-maker Qualcomm (NASDAQ:QCOM), along with Ericsson (BS:ERICAs) and Airtel, on Friday successfully demonstrated Reduced Capability (RedCap) device capabilities...
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Societe Generale maintains LM Ericsson B at 'hold' with a price target of kr49.00
An analyst from Societe Generale maintained LM Ericsson B (ST: ERICb) at 'hold' with a price target of kr49.00 from a prior price target of %currency%%price%. Prior to this rating, LM...
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Airtel in partnership with Ericsson tests India's 1st RedCap technology
New Delhi, Oct 19 (IANS) Bharti Airtel (NS:BRTI) in partnership with Ericsson (BS:ERICAs) on Thursday successfully tested Ericsson's pre-commercial Reduced Capability (RedCap) software on...
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Ericsson reports threefold increase in Indian net sales, global sales decline
Swedish telecom giant Ericsson (BS:ERICAs)'s net sales in India for Q3 2023 have seen a more than threefold increase to approximately Rs 7,400 crore ($9.6 billion SEK), according to the...
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Bank of America, Johnson & Johnson outshine in earnings as Wyndham shares surge
As the market opened lower on Tuesday due to U.S retail sales data for September exceeding expectations, several companies released their earnings reports. Bank of America (NYSE:BAC),...
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Earnings call: Ericsson's Q3 2023 results show resilience amid market uncertainties
Ericsson (BS:ERICAs)'s Third Quarter 2023 Results earnings call, led by CEO Borje Ekholm, revealed a Q3 performance that met expectations despite a soft top-line in North America. However,...
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Ericsson reports Q3 net loss of $2.81 billion amid North American sales decline
Swedish telecommunications giant Ericsson (BS:ERICAs) reported a net loss of SEK 30.67 billion ($2.81 billion) in Q3, a stark contrast to the profit of SEK 5.21 billion recorded in the same...
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Ericsson revises margin guidance amid mobile networks sector uncertainty
Ericsson (BS:ERICAs) has announced a revision of its guidance for achieving a 15%-18% EBITA margin by 2024. The Swedish telecom company cited ongoing uncertainties in the mobile networks...
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Ericsson’s Q3 Profit Declines, North American Sales Drop Amid Telco Spending Cuts
Swedish telecom company Ericsson (BS:ERICAs) is anticipated to report a significant dip in its Q3 net profit for 2023. The company's net profit is expected to be SEK 1.26 billion ($114.1...
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Societe Generale maintains LM Ericsson B at 'hold' with a price target of SEK52.00
An analyst from Societe Generale maintained LM Ericsson B (ST: ERICb) at 'hold' with a price target of SEK52.00 from a prior price target of %currency%%price%. Prior to this rating, LM...
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Citi maintains LM Ericsson B at 'neutral' with a price target of SEK55.00
An analyst from Citi maintained LM Ericsson B (ST: ERICb) at 'neutral' with a price target of SEK55.00 from a prior price target of %currency%%price%. Prior to this rating, LM Ericsson B...
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European stocks higher; U.K. GDP offers hope of future growth
Investing.com - European stock markets traded higher Thursday, helped by signs of U.K. growth ahead of the release of key U.S. consumer inflation data which could provide monetary policy...
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Ex-Apple executive Sreenivasa Reddy joins Google as India public policy head
New Delhi, Oct 4 (IANS) Google (NASDAQ:GOOGL) has appointed former Samsung (KS:005930) and Apple (NASDAQ:AAPL) executive Sreenivasa Reddy as its public policy head in India at a time when...
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31 mn Indian users expected to upgrade to 5G phones this year: Report
New Delhi, Oct 3 (IANS) About 31 million Indian users are expected to upgrade to 5G phones in 2023, representing a vast opportunity for further 5G adoption in the country, a new report said...
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Barclays maintains LM Ericsson B at 'equalweight' with a price target of SEK65.00
An analyst from Barclays maintained LM Ericsson B (ST: ERICb) at 'equalweight' 'equalweight' with a price target of SEK65.00. Prior to this rating, LM Ericsson B had 7 buy ratings, 12...
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IIT Madras ties up with Ericsson for joint research in responsible AI
Chennai, Sep 25 (IANS) Amid growing ethical concerns related to the use of artificial intelligence (AI), the Indian Institute of Technology (IIT) Madras on Monday announced partnership with...
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Huawei, Xiaomi resolve patent dispute with cross-licensing agreement
Chinese tech giants Huawei and Xiaomi (OTC:XIACF) announced on Wednesday a global patent cross-licensing agreement covering multiple communication technologies, including 5G. The deal marks...
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Global telecom equipment market grows 2% only in 1st half of 2023: Report
New Delhi, Sep 12 (IANS) The global telecom equipment market held steady in the first half of 2023 (1H23), growing only 2 per cent, a new report has shown. According to the market research...
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Reliance Jio to secure Rs 165.5B crore for 5G expansion from BNP Paribas
Mukesh Ambani, India's wealthiest individual, and his son Akash Ambani are spearheading an effort to secure Rs 16,550 crore (Rs 1 crore = $120,873) in offshore loans for Reliance Jio...
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UBS maintains LM Ericsson B at 'neutral' with a price target of SEK58.00
An analyst from UBS maintained LM Ericsson B (ST: ERICb) at 'neutral' with a price target of SEK58.00 from a prior price target of %currency%%price%. Prior to this rating, LM Ericsson B...
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Citi maintains LM Ericsson B at 'neutral' with a price target of SEK57.00
An analyst from Citi maintained LM Ericsson B (ST: ERICb) at 'neutral' with a price target of SEK57.00 from a prior price target of %currency%%price%. Prior to this rating, LM Ericsson B...
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European stocks mixed; Telecoms sector weighs
Investing.com - European stock markets stabilized Friday, after a strong week, while results from the telecoms sector disappointed. At 03:20 ET (07:20 GMT), the DAX index in Germany traded...
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Barclays maintains LM Ericsson B at 'overweight' with a price target of SEK80.00
An analyst from Barclays maintained LM Ericsson B (ST: ERICb) at 'overweight' with a price target of SEK80.00. Prior to this rating, LM Ericsson B had 7 buy ratings, 13 hold ratings, and...
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Morgan Stanley maintains LM Ericsson B at Equalweight, PT $67.00
A Morgan Stanley analyst maintained LM Ericsson B (ST: ERICb) at Equalweight and a price target of $67.00 from a prior price target of %currency%%price%. Prior to this rating, LM Ericsson...
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Credit Suisse maintains LM Ericsson B at Underperform, PT $52.00
A Credit Suisse analyst maintained LM Ericsson B (ST: ERICb) at Underperform and a price target of $52.00 from a prior price target of %currency%%price%. Prior to this rating, LM Ericsson...
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Citi maintains LM Ericsson B at Neutral
A Citi analyst maintained LM Ericsson B (ST: ERICb) at Neutral and a price target of $66.00 from a prior price target of %currency%%price%. Prior to this rating, LM Ericsson B had 8 buy...
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Ericsson shares slip after Q4 earnings miss estimates
By Scott Kanowsky Investing.com -- Telefonaktiebolaget LM Ericsson (ST:ERICb) has {{erl-480||reported smaller than expected fourth-quarter operating income, as carriers in developed markets...
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European stocks edge higher; Ericsson slumps on weak 5G sales
By Peter Nurse Investing.com - European stock markets pushed higher Friday, with investors attempting to maintain January’s positive tone amid concerns about slowing economic growth and...
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Ericsson Shares Dip After Goldman Sachs Downgrades Rating
By Scott Kanowsky Investing.com -- Shares in Ericsson (ST:ERICb) fell in mid-morning European trading on Monday after Goldman Sachs analysts downgraded their rating of the Swedish...
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Ericsson A earnings miss, Revenue beats in Q3
Investing.com - Ericsson (BS:ERICAs) A reported on Thursday third quarter {{erl-25982||earnings that missed analysts' forecasts and revenue that topped expectations. Ericsson A announced...
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Ericsson Shares Slide Amid Q3 Earnings Miss, Higher Restructuring Expenses
By Scott Kanowsky Investing.com -- Shares Ericsson (ST:ERICb) tumbled by more than 14% on Thursday after the Swedish telecommunications company posted lower-than-expected third-quarter core...
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Ericsson Shares Fall After Credit Suisse Downgrades Rating, Slashes Price Target
By Scott Kanowsky Investing.com -- Shares in Ericsson (ST:ERICb) fell by more than 4% on Thursday after Credit Suisse (SIX:CSGN) lowered its rating for the Swedish telecommunications...
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JPMorgan, Morgan Stanley, Tesla Fall Premarket; AMD, Costco Rise
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Thursday, July 14th. Please refresh for updates. JPMorgan (NYSE:JPM) stock fell 3.1% after the largest U.S. bank by...
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European Stocks Lower; Ericsson Slumps on 5G Costs
By Peter Nurse Investing.com - European stock markets edged lower Thursday, continuing the previous session’s losses as the latest U.S. inflation report lifted the chances of more monetary...
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