Ericsson shows improvement in quarterly results as cost cuts pay off
Gross margin improves from 19 percent to 36 percent. The company launched a major restructuring drive in July 2017 as a result of which the total workforce has been reduced by almost 18,000. To date, the annual run-rate effect of cost savings is approximately SEK 8.5 b ($1.01 billion).
Equinix shines the spotlight on interconnection at MWC 2018
Operators need to reinvent themselves, and invest in processes, infrastructures and business models, says Jeroen Schlosser, Equinix MENA.
Ericsson aims at $1.2 billion cost reduction by mid-2018
Over time, with the ramp up of 5G and contribution from innovation and new businesses, Ericsson’s target is an operating margin of at least 12%.
Ericsson forms Energy Alliance to drive sustainable network evolution
Energy and climate systems are also optimised to use the minimum required energy to provide an electronic trusted environment for Ericsson Radio System products, delivering environmental as well as cost-efficiency benefits
Ericsson turns on 5G
Evolution to 5G will enable 10 times lower cost per gigabyte than current 4G, says Indranil Das, Head of Digital Services, Ericsson Middle East and Africa
STC chooses Ericsson to expand its 4G network across the Kingdom
LTE Advanced will be deployed in a new 700MHz band spectrum acquired by STC. It will increase STC network throughput in 4G/LTE by up to 50 percent for smartphones.
GLOMO Awards 2018 recognise the best performers in the mobile industry
Huawei recognised for outstanding contribution to the mobile industry while Netflix scores in content innovation space and iPhone X recognised as the best smartphone of 2017
Jazz chooses Ericsson to enhance cellular experience of its customers
This deal marks a major breakthrough in the Jazz-Ericsson partnership within the radio domain.The contract will see Ericsson delivering optimisation and performance management services for approximately 23,500 radio sites.