Telefonaktiebolaget LM Ericsson (ERIC.OQ)
27 Apr 2017
HELSINKI Finnish telecom networks equipment maker Nokia reported a slowing rate of sales decline on Thursday, saying the global networks market was showing signs of recovery, particularly in North America and India.
LONDON/STOCKHOLM Mobile telecom equipment maker Ericsson faces a long and painful overhaul after shrinking markets, tough competition and restructuring costs pushed it to a quarterly operating loss on Tuesday.
* Shares down 3.2 percent (Adds CEO comment, analyst and banker comments, background)
April 25 Ericsson CEO Borje Ekholm at telephone conference:
* Says repeats sees mobile infrastructure market to stabilize after 2017 Further company coverage: (Reporting by Stockholm Newsroom)
STOCKHOLM, April 25 Mobile telecom equipment maker Ericsson reported a slightly bigger than expected first-quarter operating loss on Tuesday and said industry trends and business mix in mobile broadband from 2016 were expected to prevail in 2017.
* Says Ericsson and Cisco to strengthen Nextel IP network in Brazil
Verizon Communications Inc said on Friday that Hans Vestberg, the former Ericsson chief executive officer, has joined the company and will lead a team building out its fiber network infrastructures amid growing competition from smaller rivals.
March 31 Verizon Communications Inc said on Friday that Hans Vestberg, the former Ericsson chief executive officer, has joined the company and will lead a team building out its fiber network infrastructures amid growing competition from smaller rivals.
March 31 Verizon Communications Inc said on Friday it would change its operating structure to focus on three areas, and named former Ericsson Chief Executive Officer Hans Vestberg to lead its newly created network and technology team.
|Alcatel Lucent SA (ALUA.PA)||--||--|
|ZTE Corporation (000063.SZ)||¥17.76||-0.11|
|Nokia Oyj (NOKIA.HE)||€5.29||+0.10|
|Siemens AG (SIEGn.DE)||€132.70||+0.65|
|Cisco Systems, Inc. (CSCO.OQ)||$33.75||--|
|Nortel Networks Corporation (USA) (NRTLQ.PK)||--||--|
|International Business Machines Corp. (IBM.N)||$160.32||+0.26|
|HP Inc (HPQ.N)||$18.77||+0.14|
|Accenture Plc (ACN.N)||$120.49||+1.51|
|Motorola Solutions Inc (MSI.N)||$86.07||+0.69|