Ericsson’s first quarter profits fell year on year to SEK1.2bn (€139m) from SEK8.8bn for the same period in 2012, largely due to the boost given to 1Q12 numbers by the firm’s exit from the Sony Ericsson device JV. While the vendor recorded a two per cent uptick in sales to SEK52bn it was hit by currency fluctuations and a disappointing performance from its network rollout business.
Paris-based telecoms equipment vendor Alcatel-Lucent has passed the milestone of one million line shipments of its VDSL2 vectoring technology, which boosts broadband speeds to near-fibre levels by eliminating line noise between multiple copper lines.
Chipmaker Intel has launched three “strategic reference architectures” that the firm claims will enable IT and telecom firms to accelerate hardware and software development for software-defined networking (SDN) and network function virtualisation (NFV).
UAE operator Du has signed a Memorandum of Understanding (MoU) with Chinese infrastructure Huawei. Under the terms of the agreement, the two firms will and exchange project management experiences, knowledge and research, according to the operator.
Turkish operator Turkcell and SIM card and mobile security solutions provider Gemalto have each found themselves at the hearts of two mobile payment projects that promise to transform the transport and retail sectors in Turkey and the USA respectively.
Spanish operator group Telefónica has completed a field trial of “flexible optical networking” technology, that it hopes could more than double its existing fibre capacity.
Chinese infrastructure vendor and device manufacturer Huawei and the Australian government appear to have settled their differences as Huawei reaffirmed its commitment to the Australian market this week.
Networking vendor Cisco, cresting the wave of IP integration, has been taking major strides into the telco world in recent weeks through a host of acquisitions, including LTE small-cell specialist Ubiquisys, policy management solutions firm BroadHop and SON software provider Intucell. The 66,000 employee-strong, $8bn per year profit making business is well placed to exploit the opportunity in the telecoms space.
Chinese infrastructure vendor Huawei has posted its financial results for 2012, in which it saw its net profit increase by almost a quarter year on year to reach CNY15.38bn ($2.47bn). Revenue for the year stood at CNY220bn, up from the CNY203.9bn recorded in 2011.
Swedish network infrastructure vendor Ericsson has acquired Microsoft’s TV solution Mediaroom for an undisclosed sum. Mediaroom is the technology used by operators such as AT&T, Deutsche Telekom, Telefonica and Swisscom for their TV offerings. The technology is used on more than 22 million set top boxes worldwide.
Cisco has made a major move into the mobile networking space by announcing its intention to acquire small-cell technologies provider Ubiquisys.
Operator group France Telecom-Orange had signed a deal to allow pan-African tower operator IHS to manage over 2,000 towers across Côte d’Ivoire and Cameroon for the next 15 years.
The global macrocell mobile backhaul equipment market rose seven per cent year on year to reach over $8bn in 2012, according to research firm Infonetics Research.
Telecoms.com met with Ericsson CEO Hans Vestberg at Mobile World Congress in February. He shared his thoughts on the evolution of the operator and vendor markets and explained that managing the pace of change is his greatest challenge.
Swedish vendor Ericsson has completed a series of redundancies in its home market which were first announced in November last year. 1,399 positions were cut at nine of Ericsson’s Swedish sites, with the majority in the Networks part of the business. The cuts resulted in 919 employees losing their jobs
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