Articles tagged with: 3G License and Triple Play

Ericsson Q2 Profits Plunge 70%

Ericsson has reported that its second-quarter profit fell 70 percent because of costs to cut jobs and falling sales of phones made by its Sony Ericsson joint venture. Net income fell to SEK1.9 billion (US$320 million) from SEK6.4 billion (US$1.07 billion) a year ago. Revenue rose 2 percent to SEK48.5 billion (US$8.1 billion) in the quarter.  more

Related Tags: sony-ericsson, asia-pacific, 3-uk, rural, hspa, mobile-broadband, lte, sony, 3, 3g-licenses, network-sharing


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