Mobile broadband users seen hitting 1 billion in 2011

Growing data traffic is seen driving revenue for telecoms operators.

Ericsson, Kapsch win bid for Nortel`s GSM assets

Sweden`s Ericsson and Austria`s Kapsch CarrierCom AG will acquire certain wireless technology assets from Nortel Networks Corp, the bankrupt Canadian telecom equipment maker has said.

Ericsson launches certification programme on Telecom

Telecom major Ericsson in tie up with 12 major engineering universities and institutions Thursday launched a professional certification programme to train and hone skills in the sector.

Ericsson profits drop 71 percent in third quarter

Wireless equipment maker LM Ericsson AB says its third-quarter profits dropped 71 percent partly due to a lower demand from customers amid the global financial crisis.

Canada won`t block Nortel sale to Ericsson

Canada`s industry minister said on Wednesday the government won`t block the USD 1.1 billion sale of Nortel Networks` wireless division to Sweden`s Ericsson.

BSNL agrees to Ericsson`s conditional supply of equipment

In a development that could result in increased costs, state-owned BSNL has placed an "urgent" order for 5.25 million additional GSM lines with Ericsson, but the Swedish company has attached somm strict conditions.

Ericsson CEO clueless about fate of Nortel deal

Swedish telecom major Ericsson, whose acquisition of Nortel`s wireless business here last month has been challenged by BlackBerry maker RIM and Canadian opposition parties, says it is still in the dark about the fate of the deal.

Courts approve Ericsson`s bid to acquire Nortel

Even as courts in Canada and the US on Tuesday approved Ericsson`s USD 1.13-billion bid last week to acquire the wireless business of Nortel, political leaders in the country are putting pressure on the govt to stop the sale.

Ericsson to acquire Nortel`s wireless biz for $1.13 bn

Ericsson is all set to acquire a
major part of Nortel`s North American wireless business for
USD 1.13 bn, after the Swedish firm emerged as the
successful bidder for the bankrupt Canadian company`s CDMA and
LTE technologies.