News Vodafone Egypt teams up with Ericsson to adopt world’s 1st mobile radio tech Yomna Yasser Jun 5, 2024 0 Vodafone Egypt announced on Monday the successful deployment of the world’s first triple-band Mobile Radio Unit…
Featured European stocks fall to 6-week low amid tensions, Ericsson shares soar Aya El Sayed Apr 16, 2024 0 Europe’s main stock index hit a near six-week low on Tuesday, falling 1.4 per cent due to investors avoiding risky…
International News Ericsson to lay off 1.2K employees Nada Ali Mar 25, 2024 0 Ericsson announced on Monday that it will lay off approximately 1,200 employees in Sweden as part of cost-cutting…
Tech/AI EU agrees to support technology innovation projects with $8.7 billion Nada Ali Jun 11, 2023 0 The European Commission has agreed on Sunday to provide about €8.1 billion ($8.7 billion) for microelectronics and…
Money Microsoft reveals cloud tools for telecom firms Sama Mousa Feb 28, 2023 0 Microsoft revealed previews of two AI-powered services designed to manage telecom networks, having the same…
Tech news Nokia reveals new logo, marking a shift in strategy Yassmine Elbehnaihy Feb 27, 2023 0 Telecom equipment maker Nokia has announced on Sunday the changing of its iconic logo for the first time in 60…
Tech news Ericsson to slash 8,500 jobs globally Yassmine Elbehnaihy Feb 26, 2023 0 Swedish telecom equipment maker Ericsson announced that it will lay off about 8,500 employees globally to cut…
Tech/AI Nokia, Ericsson will build Singapore’s main 5G networks after Huawei loss Amwal Al Ghad English Jun 25, 2020 0 Chinese telecommunications equipment giant Huawei lost out to Nokia and Ericsson in building Singapore’s main 5G…
Tech/AI Ericsson flags margin headwind over China 5G contracts, takes $108.8 mln charge Amwal Al Ghad English Jun 8, 2020 0 Ericsson’s second-quarter results will take a hit of about 1 billion crowns ($108.8 million) due to write-downs of…
Tech/AI Ericsson raises forecasts for 5G subscriptions due to coronavirus Amwal Al Ghad English May 11, 2020 0 Swedish telecom equipment maker Ericsson said on Monday it will lift its forecast for 5G subscriptions globally to…