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Articles tagged with: Stockholm

Unified Communications Industry Consolidation - Lessons Learned from Ericsson Acquisition

Opinion piece by Dorota Oviedo, Research Analyst, Unified Communications and Collaboration Information & Communication Technologies, Frost & Sullivan

The unified communications (UC) industry has seen a strong consolidation trend, which Frost & Sullivan also expects to dominate the competitive landscape in the near future. Over the last years, Mitel acquired Inter-Tel, Aastra bought Ericsson's PBX business, and NEC purchased Sphere. More recently, privately held Avaya won a stalking horse auction for Nortel Enterprise Solutions, while Cisco announced that it will follow its previous acquisitions of WebEx, Jabber, and Postpath with that of Tandberg. Further industry announcements are anticipated, and are likely to include non-traditional telephony players.  more

Related Tags: unified-communications, three


Samsung to Supply LTE Modems to TeliaSonera from 2010

­TeliaSonera says that it has secured delivery of Samsung supplied data modems for its LTE launch in Sweden and Norway in 2010. TeliaSonera's goal is to be the first operator in the world to launch LTE on a commercial basis.  more

Related Tags: teliasonera, samsung, lte, oslo, 4g, play, Sweden


Telenor Cuts 400 Jobs in Sweden

Telenor's Sweden division has announced plans to cut 400 jobs, out of a total work force of 2,400 in the country. The bulk of the job cuts will be in cities of stockholm and Karlskrona. The company will also be ending contracts with 135 consultants.  more

Related Tags: telenor-sweden, Sweden


Touchscreen Phone Vendor, Neonode Files for Bankruptcy

Neonode, the firm which was one of the earliest proponents of touch-screen based mobile phones has announced that it's Swedish subsidiary, Neonode AB has filed a petition for bankruptcy. The Swedish division focused on manufacturing their N-series handsets, although the parent firm will continue to license its touchscreen technologies.  more

Related Tags: ptc, bankruptcy, touch-screen, Sweden


Tele2 2Q Loss Narrows to SEK54 Million; Shares Up

stockholm -(Dow Jones)- Swedish telecoms operator Tele2, Wednesday narrowed its second-quarter loss, and said it would continue its growth plan in the Commonwealth of Independent States.  more

Related Tags: Sweden


Ericsson Wins Tax Evasion Appeal

The Svea Court of Appeal today upheld the acquittals of all current and former Ericsson employees who faced charges of evasion of tax control, filed by the Swedish National Economic Crimes Bureau. The defendants, including Ericsson's chief strategy officer Torbjorn Nilsson, were accused of filing false invoices from a subsidiary in Switzerland to cover up payments made to Bank Austria worth around US$485 million in 1998-1999 to avoid paying taxes.  more

Related Tags: tax, Sweden


UPDATE: Sony Ericsson Warns Slowing Demand to Hit 2Q Profit

stockholm -(Dow Jones)- Mobile phone maker Sony Ericsson said Friday its second-quarter sales and net income would be hit by slowing demand for mid-to-high end mobile phones and a delay of new products shipped during the quarter.  more

Related Tags: sony-ericsson, samsung, gartner, lg, reliance, sony, helsinki, samsung-electronics


France Telecom: No Comment on Moves to Sweeten TeliaSonera Bid

PARIS -(Dow Jones)- France Telecom declined to comment Friday on a report in French daily Les Echos that it is prepared to make new, non-financial concessions to sweeten its bid to acquire TeliaSonera.  more

Related Tags: teliasonera, france-telecom, France


France Tel Mulls Terms for TeliaSonera Talks

PARIS -(Dow Jones)- France Telecom has made contact with TeliaSonera to study under what conditions it could enter formal negotiations to buy the Nordic operator, a spokesman said Thursday.  more

Related Tags: teliasonera, france-telecom, Sweden


Ericsson's Shares Soar on Better-than-forecast Sales, Profit

LONDON (Dow Jones) -- Shares of Ericsson soared 22% Friday after the world's largest maker of mobile networks posted better-than-expected sales and profit in the first quarter.  more

Related Tags: huawei, alcatel


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