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Ericsson

Ericsson Warns of Further Market Decline

Ericsson expects challenges in the mobile-network industry to continue this year as customers remain cautious about spending and as the investment pace normalizes in its key Indian market. Ericsson expects challenges in the mobile-network industry to continue this year as customers remain cautious about spending and as the investment pace normalizes in its key Indian market. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all…

Ericsson Sued by 37 Shareholders for $170 Million: Report

Thirty-seven Ericsson shareholders are suing the Swedish telecoms company for a combined 1.8 billion Swedish crowns ($170 million or roughly Rs. 1,405 crore), saying its CEO's disclosure of activities in Iraq depressed the stock, business daily Dagens Industri reported on Friday.Ericsson and CEO Boerje Ekholm have been criticised heavily in the past year for their handling of an internal probe into the company's operations in Iraq and a scandal involving potential payments to the Islamic State.The shareholders, including…

India Expected to See 31 Million Users Upgrading to 5G Phones by December: Survey

As many as 31 million smartphone users in India are expected to upgrade to 5G phones between now and December, a report by Ericsson said on Tuesday underlining the accelerated pace at which the world's second largest telecom market is adopting the ultra high-speed services. Ericsson estimates the current base of 5G handset users in India to be between 80 and 100 million.5G services were launched in India in October last year by Prime Minister Narendra Modi, and the past months have seen a rapid rollout of these services…

Samsung, Qualcomm Oppose Live TV Broadcasts on Smartphones in India

Samsung and Qualcomm are among those opposing India's choice of technology to bring live TV broadcasts on smartphones, arguing the required hardware changes will push up a device's cost by $30 (nearly Rs. 2,500), according to letters reviewed by Reuters.India is considering a policy to mandate equipping smartphones with hardware to receive live TV signals without the need for cellular networks. It has proposed use of so-called ATSC 3.0 technology popular in North America that allows precise geo-locating of TV signals and…

5G in India Seen Accounting for About 57 Percent of Mobile Subscriptions by 2028: Ericsson Mobility Report

The 5G subscription in India is estimated to have reached about 10 million by 2022 end, and is seen accounting for about 57 percent of mobile subscriptions in the country by the end of 2028, making it "the fastest growing" 5G region globally, according to Ericsson Mobility Report. With the launch of 5G services in October 2022, the major 5G Indian market is witnessing huge network deployments under its Digital India initiative, it observed.The geopolitical challenges and macroeconomic slowdown in some markets…

Other Tipsters Appeal After SEC Awarded One Whistleblower $279 Million in Ericsson Case

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Record $279 Million Whistleblower Award Went to a Tipster on Ericsson

The largest-ever award in the SEC’s cash-for-tips program was related to a bribery case against the telecommunications company. The largest-ever award in the SEC’s cash-for-tips program was related to a bribery case against the telecommunications company. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…