Your Search Returned 10 tagged news reports
Former U.S. vice-president Al Gore says he's optimistic that a global climate treaty will follow the Copenhagen conference next month. Bob Thirsk, the Canadian astronaut with the longest time in space, is eagerly anticipating seeing his family again....
Tags: Nortel Networks Corp., Nortel GSM, LM Ericsson, Kapsch CarrierCom AG, Buy Nortel, gsm business, U.S, Sweden, Stockholm, Nortel, Ericsson, Business Finance, Technology Internet, Global System for Mobile communications, Bell System, GSM, Kapsch, Environment, Space Shuttle program, 3GPP Long Term Evolution, Human spaceflight, GSM-R
Ericsson says losses widened in the third quarter, mainly due to plunging sales and costs related to restructuring. In the earnings report released Friday, the LM Ericsson and Sony Corp. joint venture said its third-quarter net loss came to euro164 million...
Tags: Sony Ericsson, loss widening, LM Ericsson, net loss, Sony Corp., Swedish Ericsson, million euros
LTE wireless technology assets of Canada's bankrupt Nortel early on Saturday, beating out Nokia Siemens Networks and private equity firm MatlinPatterson. A Delaware bankruptcy court is set to meet at 1 p.m. (1700 GMT) to hear any lingering objections...
Tags: Nortel Networks Corp., Canada, Kory Teneycke, Stephen Harper, NDP, prime minister, LM Ericsson, Delaware, Ottawa
Nokia Siemens had said it planned to retain about 2,500 Nortel employees overall, including 800 local workers. Ericsson said its plans to hold on to about 2,500 Nortel workers, as well, but did not immediately say how many of those will be from the Dallas...
Tags: Nortel Networks Corp., Ericsson North American, LM Ericsson, Nokia Siemens, LTE Access
The purchase will be made in cash and on a debt-free basis, according to a statement from Ericsson. LTE....This deal, along with our recently announced Sprint service agreement, truly positions Ericsson as a leading telecoms supplier in North America,"...
Tags: Nortel Networks Corp., Nortel Networks' North American, LM Ericsson, wireless business, wireless division, wireless assets, Bell Canada, New York City, nortel wireless
In the period from January to March, the company posted a net profit of 1.8 billion kronor ($227 million), down from 2.6 billion kronor in the first quarter of 2008. Ericsson's operating profit fell 49 percent to 1.7 billion kronor, compared to 3.5 billion...
Tags: Sony Ericsson, LM Ericsson, billion kronor, net profits, mobile phones, quarter net, phones network, mobile network, company posts, network equipment
Verizon Wireless, the largest cellular carrier in the U.S., announced Wednesday that it has picked LM Ericsson and Alcatel-Lucent as its main suppliers for a new, nationwide, high-speed wireless data network. The contracts are potentially worth billions...
Tags: AM Verizon Wireless, Verizon Communications, LM Ericsson, LTE, mobility networks, long term, term evolution, Barcelona, mobility world, world congress
Swedish telecommunications giant Ericsson said Wednesday it would lay off 5,000 workers to reduce expenses. The cuts would include regular staff, temporary workers and consultant positions, CNN reported. In addition, Ericsson said it would consolidate...
Tags: cut, job, com, wireless, Sony Ericsson, phone, Ericsson Posts Lower Net, Ericsson AB, LM Ericsson, sony
Most of the redundancies in Sweden are expected to affect employees in the Stockholm region. The profit marks a decrease from the 5.6 billion kronor the company earned in the final three months of 2007. However, net sales rose to 67 billion kronor, compared...
Tags: com, cut, job, Sony Ericsson, Ericsson & Bose, LM Ericsson, wireless, sony, billion kronor, job cut
For the second time in two months, a multinational tech firm has announced a streamlining that will result in job losses for Pittsburgh. Swedish telecom giant LM Ericsson notified the 250 employees at its Marshall location yesterday that the facility...
Tags: close, LM Ericsson