Edition:
United States

Helena Soderpalm

UPDATE 3-Ericsson nudges up 2020 sales target as recovery gains pace

Nov 08 2018

STOCKHOLM, Nov 8 Ericsson on Thursday raised its sales target for 2020, driven mainly by a recovery in its hard-hit networks business as the market for next-generation 5G mobile equipment shifts into a higher gear.

Ericsson tops third-quarter forecasts as savings and 5G sales kick in

Oct 18 2018

STOCKHOLM Mobile telecom equipment maker Ericsson beat third-quarter operating profit forecasts on Thursday, boosted by sales of next-generation 5G gear in North America, and said it was making solid progress toward its long-term financial goals.

Swedish court finds man at center of Nobel Academy scandal guilty of rape

Oct 01 2018

STOCKHOLM A Swedish court on Monday found a man at the center of a scandal that has rocked the academy that awards the Nobel literature prize guilty of rape and sentenced him to two years in jail.

H&M shares jump as logistics revamp helps speed sales

Sep 17 2018

STOCKHOLM H&M's sales bounced back in the third quarter, helped by a new logistics system, as the world's second biggest fashion retailer said a revamp to meet growing online and budget competition was paying off. | Video

Swedish election could put government's Telia stake in play

Sep 07 2018

STOCKHOLM Telia's plan to buy Bonnier Broadcasting could prompt the Swedish government to sell its 37 percent stake in the telecoms firm to limit state influence over local media, particularly if the centre-right bloc wins Sunday's general election.

Sweden's Telia expands media business with $1 billion deal for Bonnier Broadcasting

Jul 20 2018

STOCKHOLM Sweden's Telia Company announced a $1 billion deal to buy Bonnier Broadcasting on Friday, its second major acquisition in a week as the top Nordic telecoms operator looks to expand its media business.

Ericsson swings to profit as savings kick in; shares jump

Jul 18 2018

STOCKHOLM Mobile telecom equipment maker Ericsson unexpectedly swung to a modest operating profit in the second quarter, boosted by growing sales in North America and said it was increasingly confident of meeting its longer-term targets.

Game on for Tencent-backed Paradox in M&A and mobile

Jun 30 2018

(This story corrects reference to Wester as "founder" in fourth paragraph in June 29 story.)

Telia CFO reassures investors on share buybacks despite M&A plans

May 30 2018

STOCKHOLM Nordic and Baltic telecoms operator Telia Company will return cash to shareholders as planned despite talks to buy Sweden's Bonnier Broadcasting, its finance chief said.

Sweden's Telia in talks to buy Bonnier's broadcasting business

May 25 2018

STOCKHOLM Telecom group Telia confirmed it is in talks to buy Bonnier's broadcasting business, seeking to add TV content in a deal which a media report said could be worth 10-12 billion crowns ($1.2-$1.4 billion).

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