Ericsson

Nokia, Ericsson slump as patent fights hit margins

Nokia and Ericsson slump as patent battles hit margins

Companies expect other countries such as India to be the main growth driver in 2023 Telecoms makers Nokia and Ericsson were among the worst performers in Europe on Thursday, battered by ongoing patent battles that are cutting into profit margins and offsetting strong demand for 5G equipment. While both companies’ revenue beat expectations thanks to …

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5G network rollout: Nokia, Ericsson bag Jio’s $3-bn contracts

5G rollout: Nokia and Ericsson win $3 billion Jio contracts

Reliance Jio, the country’s largest telecom service provider, on Monday awarded long-term contracts to global device makers Ericsson and Nokia to roll out its stand-alone 5G network. Although the companies did not disclose contract values, industry estimates put the total value at around $3 billion, split equally between the two suppliers. In August, Bharti Airtel …

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Vodafone Idea (Vi) and Ericsson today achieved a peak download speed of 5.92 Gbps during the ongoing 5G trials. (Mint)

Vodafone Idea reaches a maximum download speed of 5.92 Gbps in Pune

Vodafone Idea (Vi) and Ericsson today achieved a maximum download speed of 5.92 Gbps during continuous 5G testing. Vi’s new speed record, obtained from a single test device during a 5G test in Pune, Maharashtra, was made with a combination of middle-band and high-band (mmWave) 5G trial 5G using Ericson radios Massive MIMO, Ericsson cloud. …

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