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Articles tagged with: Carl Henric Svanberg
Ericsson Names New Chief Financial Officer
Ericsson's in-coming CEO Hans Vestberg has appointed Jan Frykhammar CFO as his replacement in the role with effect from next month. He is currently head of business unit Global Services and Senior Vice President, and will also become Executive Vice President in the New Year. more
Related Tags: ericsson, hans-vestberg, cfo
Ericsson names former financial chief as new CEO
Swedish wireless equipment company L.M. Ericsson on Thursday said its financial chief Hans Vestberg will take over as chief executive as Carl-Henric Svanberg moves to become chairman of the board of BP Group. more
Related Tags: ericsson, hans-vestberg, Sweden
Ericsson Looks Ahead to Telecommunications' Role in Society in 2050
Speaking at Ericsson's Capital Markets Day in the USA, President and CEO, Carl-Henric Svanberg spoke about Ericsson's position, opportunities during and after current economic crises and about telecommunications going forward. He said that telecoms will play a role in transforming society until 2050, with broadband being society's new highways and telecom contributing to sustainable society. more
Related Tags: ericsson, semiconductors, sony, play
Ericsson CEO - Economic growth to come from telecoms investments
Ericsson President and CEO Carl-Henric Svanberg said today at the Mobile World Congress in Barcelona that 2008 was a year of establishing mobile broadband, and that investments in telecom infrastructure can drive growth across societies. more
Related Tags: ict, ericsson, zain, mobile-broadband, play
Johan Wibergh appointed head of Ericsson's business unit Networks
Ericsson has appointed Johan Wibergh as Senior Vice President and head of business unit Networks effective July 1, 2008. Johan Wibergh is currently head of Ericsson Brazil. Kurt Jofs, currently head of business unit Networks, has decided to step down and will leave the company at the end of the year. more
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Ericsson CEO Says Infrastructure Business is Improving
STOCKHOLM -(Dow Jones)- Ericsson Friday said the infrastructure business is picking up thanks to demand in mobile infrastructure in high-growth markets, but stopped short of saying the downward trend in profitability had bottomed out going forward. more
Related Tags: sony-ericsson, sony
Ericsson 4Q Net Profit Plunges 42%, Targets Cost Cuts
STOCKHOLM -(Dow Jones)- Ericsson Friday said net profit plunged 42% to SEK5.64 billion ($886.7 million) in the three months ended Dec. 31 from SEK9.73 billion in 2006, meeting analyst expectations of SEK5.60 billion, and said it sees a "flattish" mobile infrastructure market in 2008. more
Related Tags: Sweden
UPDATE: Ericsson Profit Rises Below-forecast 12%; Europe Growth Slows
LONDON (Dow Jones) -- Ericsson, the world's largest maker of wireless networks, on Friday reported a smaller-than-forecast rise in quarterly profit as faltering European demand and delays on several projects offset strong growth in the Asia-Pacific region. more
Related Tags: at&t, bharti, stockholm
Ericsson CEO: Sees Consolidation In European Mobile Market
LONDON -(Dow Jones)- Ericsson Chief Executive, Carl-Henric Svanberg said Friday that he expected the European mobile phone operator market to consolidate in coming years and welcomed the move. more
Related Tags: telecom-italia
UPDATE: India's BSNL Confirms $4.5 Billion GSM Contract
NEW DELHI -(Dow Jones)- India's state-run telecommunications operator Bharat Sanchar Nigam is set to award equipment makers Ericsson and Nokia Siemens Networks an estimated $4.5 billion to $4.7 billion combined contract in the next couple of days, a senior official said Thursday. more
Related Tags: nokia-siemens-networks, bharti, bsnl, bharti-airtel, delhi, nokia-siemens-network