Hans_vestberg

The following articles have been tagged with "Hans_vestberg":

Ericsson profits double on sale of Sony stake

Business & Money: 25 Apr 12
Swedish telecommunications company Ericsson posted a first quarter net profit that was more than twice as high as those reported at the same time last year, thanks to the one-off sale of its stake in a joint venture with Sony. READ »

Ericsson shares nosedive on weak report

Business & Money: 25 Jan 12
Ericsson on announced a worse-than-expected 73 percent drop in its fourth quarter net profits, sending shares in the Swedish telecom giant plummeting in Wednesday morning trading. READ »

Ericsson name dropped from new Sony phone

Business & Money: 10 Jan 12
Sony on Tuesday launched its first mobile handsets without the “Sony Ericsson” brand name at an electronics show in Las Vegas, marking a symbolic end to the company's ten year collaboration with the Swedish telecoms giant. READ »

Ericsson and Sony go separate ways

Business & Money: 27 Oct 11
Swedish telecom equipment giant Ericsson confirmed on Thursday that it would sell its stake in mobile phone joint venture Sony Ericsson to Sony for €1.05 billion ($1.47 billion). READ »

Ericsson shares surge on strong earnings report

Business & Money: 20 Oct 11
Swedish telecom giant Ericsson announced on Thursday a 6 percent jump in third quarter net profits, causing its shares to surge in morning trading on the Stockholm stock exchange. READ »

Ericsson shares slump despite profits boost

Business & Money: 21 Jul 11
Swedish telecom equipment maker Ericsson on Thursday reported a 65 percent rise in net profit in the second quarter on the back of strong sales, but its shares dropped by nearly 7 percent as figures fell short of analyst expectations. READ »

Ericsson scoops up US software firm Telcordia

Business & Money: 14 Jun 11
Swedish telecom giant Ericsson has acquired US communications software developer Telcordia for $1.15 billion, the companies announced on Tuesday. READ »

Sweden's Ericsson posts massive profits hike

Business & Money: 27 Apr 11
Swedish telecom giant Ericsson reported a whopping 224 percent rise in profits on Wednesday, surprising analysts and sending its stock up almost 7 percent in early trading. READ »

Ericsson sales improve on mobile broadband

Business & Money: 25 Jan 11
Swedish mobile network giant Ericsson announced increased sales and a sharply higher net profit thanks to mobile broadband sales, although its earnings slightly missed expectations. READ »

Ericsson chairman announces resignation

Business & Money: 6 Dec 10
Ericsson chairman Michael Treschow informed the Swedish telecommunications firm on Monday that he will resign from his post next year or in 2012, according to a company statement. READ »

Ericsson shares jump on profits boost

Business & Money: 22 Oct 10
Swedish telecom firm Ericsson on Friday reported a net profit of 3.68 billion kronor ($553 million) in the third quarter, with its shares leaping 6 percent as a result in early trading. READ »

Ericsson mobile app reconnects refugees

Business & Money: 24 Sep 10
Swedish telecom firm Ericsson has launched a new mobile phone application which aims to reunite African families that have been torn apart by war or natural disaster. READ »

Ericsson Q2 sales disappoint, shares drop

Business & Money: 23 Jul 10
Swedish telecom equipment maker Ericsson reported a surge in second-quarter profits, but a fall in sales disappointed investors as its shares dropped. READ »

Big royal turnout expected for wedding

National: 16 Jun 10
Sweden’s royal wedding is set to attract one of largest gathering of kings and queens seen in Europe for years, a guest list for Friday’s pre-wedding concert has revealed. READ »

Ericsson predicts mobile broadband boom

Business & Money: 5 May 10
Ericsson CEO Hans Vestberg has said the company has good long-term growth prospects, predicting that the company will work to grow at a faster pace than the market. READ »

Ericsson reports profits slump

Business & Money: 23 Apr 10
Swedish telecom firm Ericsson has reported a 30 percent slump in net profits for the first quarter 2010, after weak sales development. READ »

Ericsson in LG joint venture

Business & Money: 21 Apr 10
Swedish telecom giant Ericsson has bought a majority stake in Korean firm LG and Nortel's joint venture company LG-Nortel. The deal received the backing of market analysts on Wednesday. READ »

Ericsson lands major Indian contract

Business & Money: 31 Mar 10
An already successful week for Swedish telecom giant Ericsson got better on Wednesday as it followed up two major China deals with a $1.3 billion contract to upgrade Bharti Airtel's mobile network in India. READ »

Svanberg claims millions in holiday pay out

Business & Money: 8 Mar 10
Carl-Henric Svanberg, the former CEO of Swedish telecom firm Ericsson, has been paid 6.8 million kronor ($960,000) for accrued holiday that he was unable to take. READ »

AT&T picks Ericsson for 4G network

Business & Money: 11 Feb 10
US telecoms giant AT&T has selected Sweden's Ericsson and France's Alcatel-Lucent as equipment suppliers for its next-generation, high-speed mobile phone network, the companies said on Wednesday. READ »

More layoffs at Ericsson as profits plunge

Business & Money: 25 Jan 10
Swedish telecom giant Ericsson on Monday reported a 92 percent drop in net profits for the fourth quarter, adding that it would now cut 6,500 jobs under its restructuring plan. READ »

Ericsson names Vestberg as new CEO

Business & Money: 25 Jun 09
Swedish telecom equipment maker Ericsson announced on Thursday that CFO Hans Vestberg would take over as CEO of the company in 2010. READ »

Meet Sanna, 9 years old

Sanna is one of 2 million people in Sweden under the age of 18. Sweden is seen as a good place to grow up. The law makes sure children are well-protected and defends their rights and any organizations work with children's well-being. Read more »

Strindberg, king of drama

August Strindberg's plays shocked society, dazzled audiences and revolutionized drama. A century after his death, Strindberg, with his powerful, timeless themes, is celebrated around the world. Read more »

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Blog Update: The Local's Blog

23 May 16:27

Prime Minister Reinfeldt chats with The Local »

"If you missed it yesterday, here’s The Local’s editor David Landes snagging Prime Minister Reinfeldt for a chat before Princess Estelle’s baptism. Always nice to know the PM has time for TL!" READ »