• Sweden edition

Telecoms

The following articles have been tagged with "Telecoms":

TeliaSonera reports profit drop for 2011

Business & Money: 3 Feb 12
Nordic telecoms giant TeliaSonera reported a 14-percent drop in net profit for 2011 on Thursday but said that their analysts still forecast a modest rise in sales for 2012. 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 »

Breivik had Swedish mum's SIM card: report

National: 28 Dec 11
A Swedish mother of two has been linked to Norwegian terrorist Anders Behring Breivik after a mobile broadband SIM card registered in her name was discovered in a computer found on Breivik's farm. READ »

Swedes targeted in 'Anonymous' hack

Business & Money: 27 Dec 11
Dozens of Swedes, including staff at government agencies and telecoms giant Ericsson, had their personal data exposed after a breach at US-based security company, reportedly carried out by activist hacking group Anonymous. READ »

Ericsson rejects claims of aiding Iran

Business & Money: 1 Nov 11
On Tuesday Swedish telecom giant Ericsson rejected claims that the company has sold tracking equipment to mobile operators in Iran. 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 to sell stake in Sony Ericsson: report

Business & Money: 7 Oct 11
Sweden's Ericsson is nearing a deal to sell its stake in the Sony Ericsson mobile phone joint venture to Japanese consumer electronics giant Sony, according to a media report. READ »

The Sweden Democrats - a year in the Riksdag spotlight

Analysis & Opinion: 29 Sep 11
A year has passed since the Sweden Democrats became Sweden’s newest parliamentary party and The Local’s Peter Vinthagen Simpson has a look at what has been achieved, what has not and what has changed. READ »

Swedes remain hot property in hi-tech boom

Business & Money: 23 Sep 11
The $8.5 billion sale of Skype to Microsoft in May not only proved that the age of big money IT acquisitions has a while to run, but also that Scandinavians and more particularly, Swedes, remain hot hi-tech property. READ »

TeliaSonera earnings hit by strong krona

Business & Money: 20 Jul 11
Swedish-Finnish telecoms firm TeliaSonera's reported earnings on Wednesday below analyst expectations on the back of a strong Swedish currency and problems in its Turkish operations. READ »

Agency denies inflating China deal job figures

Business & Money: 13 Jun 11
Invest Sweden, the state agency tasked with attracting foreign investment to Sweden, has denied reports that it inflated figures detailing the number of jobs created by deals it brokered with Chinese companies. READ »

TeliaSonera lowers forecast as profits dip

Business & Money: 19 Apr 11
Swedish-Finnish telecom provider TeliaSonera on Tuesday announced a small dip in quarterly net profits as slower growth and currency movements also dented the company's 2011 sales expectations. READ »

New music service takes up the Spotify gauntlet

Business & Money: 24 Feb 11
Scandinavian mobile technology firm Aspiro has announced the impending launch in Sweden of WiMP, a new music streaming service hoping to imitate the success of pioneering Swedish site Spotify. READ »

Sweden raises 19 billion kronor from Nordea sale

Politics: 4 Feb 11
The Swedish government confirmed on Friday that it had raised 19 billion kronor ($2.94 billion) on the sale of 255 million of its shares in Nordic banking giant Nordea. READ »

Sweden set to reduce stake in Nordea

Politics: 3 Feb 11
The Swedish government announced on Thursday its intention to sell more than 250 million shares of its holdings in Nordea bank. READ »

TeliaSonera cuts jobs despite profits boost

Business & Money: 3 Feb 11
Nordic telecoms giant TeliaSonera announced layoffs within its fixed broadband operations, despite posting a 13 percent rise in net profits for 2010. READ »

Alliance faces defeat in sale of state-owned firms

Business & Money: 21 Jan 11
Sweden's ruling minority Alliance coalition may lose yet another vote in parliament after the Sweden Democrats announced their intention to support a motion to stop or restrict the sale of state-owned enterprises. READ »

Ericsson wins Norway network deal with Huawei

Business & Money: 11 Jan 11
Sweden's Ericsson and Chinese telecom giant Huawei have been commissioned by Sweden's TeliaSonera to modernise and expand Norway's entire mobile network, the companies announced on Tuesday. READ »

Nobel laureate: 'Ericsson is aiding Iran'

National: 23 Nov 10
Nobel Peace laureate Shirin Ebadi on Monday called on the Iranian diaspora to protest against Swedish company Ericsson, accusing the telecoms firms of aiding monitoring in Iran. READ »

Smartphone sales boost profits for TeliaSonera

Business & Money: 25 Oct 10
Nordic telecoms giant TeliaSonera said on Monday that sales of smartphones, coupled with growth in eastern Europe and Asia, boosted third-quarter profits and its outlook for fiscal-year results. READ »

Swedish loan expands Zimbabwe's mobile net

Business & Money: 11 Aug 10
Zimbabwe's largest mobile operator, Econet Wireless, has secured a $60-million loan facility from Swedish export credit agency EKN to expand its infrastructure, the firm said Wednesday. READ »

Borg calls for renewed privatization drive

Politics: 8 Aug 10
Minister for Finance Anders Borg has indicated that the government intends to raise 100 billion kronor ($14 billion) by selling off the state’s shareholdings in a number of companies if voted back into power in September. READ »

Obama meeting will be Svanberg's toughest test

National: 14 Jun 10
BP’s problems are proving to be the toughest test yet in the career of Swedish business’s golden boy Carl-Henric Svanberg, writes James Savage. READ »

Profile: BP's 'invisible' Swedish chairman

National: 13 Jun 10
When Carl-Henric Svanberg jettisoned telecoms giant Ericsson for British Petroleum last year, he could not in his worst nightmares have forecast the severity of the spotlight in which he now finds himself. READ »

Nightmare start for BP chairman Svanberg

Business & Money: 30 Apr 10
The oil spill in the Gulf of Mexico is a tough start for Swedish BP chairman Carl-Henric Svanberg, who started in January. The company has lost $25 billion since the current crisis began. READ »

Tele 2 doubles profits

Business & Money: 21 Apr 10
Swedish mobile telecoms operator Tele 2 posted a pre-tax first quarter profit on Wednesday of 1.588 billion kronor ($220 million), beating market expectations and doubling last year's total for the period. READ »

TeliaSonera returns to profit as sales drop

Business & Money: 20 Apr 10
TeliaSonera declared a return to profits on Tuesday while the Nordic telecoms giant reported a drop in sales for the first quarter 2010. 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 »

Ericsson seals TeliaSonera 4G deal

Science & Technology: 13 Jan 10
Swedish telecoms equipment maker Ericsson has secured a deal to supply TeliaSonera's new high speed 4G network in Sweden and Norway. READ »

Norway court rejects calls to block Pirate Bay

National: 7 Nov 09
Communications company Telenor will not be forced to block customers from accessing Swedish file sharing website The Pirate Bay, a court in Norway decided on Friday. READ »

Quarterly earnings on target for TeliaSonera

Science & Technology: 28 Oct 09
Telecoms operator TeliaSonera announced solid quarterly results on Wednesday, hitting targets for the year despite difficult conditions in the Baltics. READ »

Swedish telecoms firm admits to Latvia meteorite hoax

Business & Money: 27 Oct 09
Swedish-owned telecoms company Tele2 admitted on Monday it was responsible for staging a meteorite crash near a small village in the Latvian countryside. READ »

Spotify and Telia sign two-year deal

Business & Money: 8 Oct 09
Telecoms operator TeliaSonera and Swedish music service Spotify have signed a two-year cooperation agreement that will enable Telia’s customers to use Spotify in computers, mobile phones and TVs in the Swedish market. READ »

Estonia approves TeliaSonera purchase

Business & Money: 25 Sep 09
The Estonian government formally approved the sale of the state's 27 percent stake in telecoms provider Eesti Telekom to the Nordic group Telia Sonera. READ »

TeliaSonera to increase stake in Estonian telecoms firm

Business & Money: 23 Sep 09
Estonia is set to sell its share of leading telecommunications provider, Eesti Telekom, to Nordic group TeliaSonera. READ »

Ericsson to acquire Nortel wireless division

Business & Money: 25 Jul 09
Swedish telecom giant Ericsson has bought the wireless division of Canadian group Nortel, currently under bankruptcy protection from creditors, for the equivalent of more than $1 billion (8 billion kronor). READ »

Tele2 shares soar on booming profits

Business & Money: 22 Jul 09
Swedish telecom firm Tele2 has reported a dramatic rise in profits for the second quarter and the firm's stock shot up 5.9 percent in early trading on Wednesday. READ »

Investor sees profits bounce back

Business & Money: 14 Jul 09
Despite strong second-quarter profits at Investor, the CEO of the Swedish holding company said Tuesday he doesn’t expect the global economy to rebound quickly. READ »

Ericsson signs two major deals in China

Science & Technology: 8 Jul 09
Swedish telecoms equipment provider Ericsson has inked deals with two Chinese mobile operators worth $1.7 billion. READ »

Svanberg to ditch Ericsson for BP

Business & Money: 25 Jun 09
Ericsson CEO Carl-Henric Svanberg has been appointed as new chairman of British Petroleum and will leave his post as head of the Swedish telecoms giant at the end of the year. READ »

Questions abound in Sweden after Saab sold to Koenigsegg

Analysis & Opinion: 17 Jun 09
After General Motors announced plans to sell its lossmaking unit Saab to luxury sportscar maker Koenigsegg, questions abounded in Sweden over what the future holds for Saab, writes AFP's James Franey. READ »

Sweden's Investor cuts losses

Business & Money: 15 Apr 09
Swedish holding company Investor reported net losses of 3.02 billion kronor ($368 million) for the first quarter on Wednesday. The firm's CEO forecast continued economic turbulence in 2009. READ »

Ericsson to help roll out Verizon's 4G network in the US

Business & Money: 18 Feb 09
Sweden’s telecom equipment provider Ericsson has been chosen by Verizon Wireless to help build the United States’ first 4G wireless network. READ »

Norwegian group joins case against Sweden's wiretapping law

Politics: 13 Feb 09
A lawyers’ organization from Norway has submitted a petition supporting a case pending in the European Court of Human Rights which challenges Sweden’s controversial wiretapping law. READ »

Sweden to get Europe’s fastest mobile network

Science & Technology: 9 Dec 08
Sweden is set to receive the fastest mobile network in Europe following upgrades to be carried out by a group of Swedish companies. READ »

Opposition urges state car industry takeover

Business & Money: 2 Dec 08
Leading government ministers have angered unions and the opposition by ruling out the possibility of a state takeover of Volvo Cars should owner Ford elect to sell its Swedish subsidiary. READ »

Stocks dip on shortened trading day

Business & Money: 31 Oct 08
The Stockholm stock exchange finished Friday down 0.57 percent to close at 201.37 on a trading day shortened in advance of the All Saints Day holiday. READ »

Ericsson shares up on strong report

Business & Money: 20 Oct 08
Despite posting a 28 percent drop in third quarter net profits on Monday, Swedish telecoms giant Ericsson beat expectations, sending its stock price soaring in early trading. READ »

Ericsson CEO: 'It's brutal out there'

Business & Money: 9 Oct 08
Ericsson CEO Carl-Henric Svanberg added his voice to the growing chorus of business leaders with concerns about the state of the world’s financial markets. READ »

Swedish stock market ends week on a high

Business & Money: 3 Oct 08
A rollercoaster week on the Stockholm stock exchange ended on a peak as rates rose in anticipation of Friday's financial rescue package vote in the United States. READ »

Sweden welcomes EU telecoms vote

National: 24 Sep 08
Sweden’s EU parliamentary delegation is rejoicing following a decision by the body to toss out a proposal that would have banned file sharers from the internet and forced internet service providers to filter content in the hunt for pirated material. READ »

Swedish investors cool to risks of stock ownership

Business & Money: 1 Sep 08
Swedes appear to prefer keeping their savings in the bank or under the mattress, rather than risk it in the volatile Stockholm stock market. READ »

Ericsson in mobile joint venture

Business & Money: 20 Aug 08
Swedish telecoms equipment group Ericsson has announced it is to join forces with semiconductor group STMicroelectronics. The venture will employ almost 8,000 people. READ »

Broadband speeds 'much lower than claimed'

Business & Money: 8 Aug 08
High speed mobile broadband services in Sweden are rarely as fast as telecoms companies claim, according to a new survey. READ »

Ericsson profits crash

Business & Money: 22 Jul 08
Telecoms company Ericsson's report for the second quarter was below market expectations. Profits crashed to 2.9 billion kronor ($488.34 million) from 9.3 billion kronor in the corresponding period of 2007. READ »

Nordic neighbours concerned by snoop law

Politics: 11 Jul 08
Denmark, Finland and Norway voiced concerns this week about a new law in Sweden that allows all emails and phone calls to be monitored in the name of national security. READ »

Russians plan to dodge Swedish spies

National: 11 Jul 08
Russian telecom operators have drawn up plans to re-route data and call traffic to avoid Swedish eavesdropping, according to reports in Russian papers. READ »

Investor plunges into the red in second quarter

Business & Money: 10 Jul 08
Investor, Northern Europe's biggest industrial holding company, fell into the red in the second quarter with a net loss of 3.52 billion kronor. READ »

Dropped French bid hits TeliaSonera shares

Business & Money: 30 Jun 08
France Telecom has ditched its plans to acquire Nordic operator TeliaSonera, according to a statement. Telia shares fell more than 12 percent on the news. READ »

Auditors criticize TeliaSonera sale process

Business & Money: 18 Jun 08
Sweden's National Audit Office has accused the country's government of not being properly prepared to negotiate the highest price for its stake in TeliaSonera. READ »

Ericsson ordered to raise women's salaries

Business & Money: 12 Jun 08
Over 100 female employees at Ericsson have been given pay raises after Sweden’s Equal Opportunities Ombudsman (JämO) ruled that the women were paid worse than men. READ »

France Telecom in TeliaSonera bid

Business & Money: 5 Jun 08
France Telecom has made an informal takeover offer for TeliaSonera, people familiar with the situation told the Financial Times. READ »

Telia customers lose network coverage

Business & Money: 17 May 08
Telia's mobile telecoms customers had to survive without their phones on Friday afternoon as a technical fault knocked out most of the network. READ »

Sami herders in space rocket near miss

National: 19 Apr 08
Two Sami reindeer herders were narrowly missed by a falling space rocket launched from the Esrange space station in the beginning of April. READ »

Strong finish for Stockholm stock exchange

Business & Money: 18 Apr 08
The Stockholm stock exchange finished the trading week higher with TeliaSonera and bank stocks leading the way. READ »

Ericsson head sees conditions improving for telecoms

Business & Money: 9 Apr 08
Ericsson chief executive Carl-Henric Svanberg said Wednesday price pressure on mobile telephone networks might start to ease soon. READ »

Piracy site takes on academic publishers

Education: 28 Mar 08
A new student literature piracy portal was launched this week. Student Bay is challenging academic publishing in the same way that The Pirate Bay took on the music industry. READ »

Scania and Ericsson see shares tumble

Business & Money: 4 Mar 08
Shares in Scania and Ericsson plummeted on the Stockholm stock exchange on Tuesday. READ »

Swedish firms seek patents in record numbers

Business & Money: 4 Mar 08
Swedish companies set a record for the number of international patent applications. READ »

Bourse closes down after Telia report

Business & Money: 9 Feb 08
The Stockholm stock exchange closed down 0.2 percent on Friday, down 5.7 percent for the week. A poor report from Telia was to blame. READ »

Early year slide persists on Stockholm stock exchange

Business & Money: 7 Jan 08
The Stockholm stock exchange slumped for the fourth consecutive day of trading on Monday. READ »

Sweden's financial families ride economic rollercoaster

Business & Money: 7 Dec 07
Two of Sweden's most powerful financial families, the Wallenbergs and the Stenbecks, have had a bumpy ride on this year's turbulent stock market. READ »

Ericsson 'paid money to Oman minister'

Business & Money: 21 Nov 07
Money allegedly paid into Swiss bank account is 'likely to be a bribe,' says Transparency International. READ »

Broadband and TV fight for frequencies

Business & Money: 6 Nov 07
The rising popularity of mobile broadband is leading to a fight between phone operators and television companies over Sweden's airwaves. READ »

Ericsson faces lawsuit over profit warning

Business & Money: 30 Oct 07
Swedish telecoms equipment maker Ericsson has been threatened with a US lawsuit for not issuing a profit warning earlier, ahead of its unexpected fall in earnings in the third quarter. READ »

Ericsson self-critical after slump

Business & Money: 17 Oct 07
Ericsson CEO Carl-Henrik Svanberg has admitted that the company has plenty of cause for introspection following Tuesday's unexpected profit warning. READ »

Ericsson share slides lower

Business & Money: 17 Oct 07
Shares in telecoms equipment manufacturer Ericsson continued their downward slide Wednesday, a day after the company issued a profit warning that shocked the market and raised concerns about the management's leadership. READ »

Ericsson shares tumble in New York

Business & Money: 16 Oct 07
Ericsson shares plunged in opening trading in New York on Tuesday following a similarly dismal performance in Stockholm. The Swedish telecoms equipment maker earlier warned of a disappointing third quarter. READ »

Ericsson shares plummet over profit warning

Business & Money: 16 Oct 07
Ericsson shares fell 24 percent in opening trading on the Stockholm Stock Exchange after the telecoms equipment maker said its profits would be lower than expected. The fall wipes 100 billion kronor off Ericsson's value. READ »

Ericsson result 'lower than expected'

Business & Money: 16 Oct 07
Telecoms giant Ericsson has announced that its third quarter result will be lower than expected. READ »

Stockholm exchange recovers after early blip

Business & Money: 18 Sep 07
Share prices recovered on the Stockholm stock exchange following an initial downturn on Tuesday morning. READ »

Ericsson takes down flags in Middle East

National: 16 Sep 07
Telecoms giant Ericsson has taken steps to reduce its visibility in the Middle East following Saturday's threat by al-Qaeda in Iraq to target major Swedish companies. READ »

Ericsson signs 1.3 billion dollar deal for Indian mobile network

Business & Money: 7 Sep 07
Telecoms giant Ericsson said Friday it had won a $1.3 billion (9 billion kronor) contract to upgrade and expand Indian operator Bharat Sanchar Nigam mobile network. READ »

Ericsson in mobile TV deal with Big Brother firm

Business & Money: 6 Sep 07
Swedish telecoms company Ericsson has signed a global deal with Dutch TV production giant and Big Brother creator Endemol to develop interactive television services for mobiles. READ »

Ericsson's Greek branch fined over wire-tapping scandal

National: 6 Sep 07
Greece's communication privacy watchdog on Wednesday fined the Greek branch of Swedish telecom equipment giant Ericsson 7.36 million euros in relation to a wire-tapping scandal in which even the Greek Prime Minister's cellphone was compromised. READ »

Telia gets new boss

Business & Money: 27 Jul 07
Sweden and Finland's largest telecoms operator, TeliaSonera, has appointed Lars Nyberg as its CEO. READ »

Ericsson wins largest-ever order

Business & Money: 18 Jul 07
Telecoms giant Ericsson said Wednesday it had won a $2 billion network expansion order from India's Bharti Airtel, the largest order ever received by the Swedish company. READ »

Sony Ericsson profit up sharply

Business & Money: 12 Jul 07
Sony Ericsson Thursday reported a 53.8 percent jump in net profit for the second quarter of 2007 as the Japanese-Swedish mobile telephone manufacturer enjoyed double-digit sales growth. READ »

Industry growth 'highest for ten years'

Business & Money: 25 Jun 07
Growth in Swedish industry is stronger than for ten years, according to a new survey by white-collar union Sif. The next six months will bring growth in employment, orders, production, sales and profits, according to the union. READ »

Sweden sees launch of 'iPhone beater'

Science & Technology: 14 Jun 07
British telecoms company Omnifone on Thursday launched MusicStation, a new music download service for mobile phone users in Sweden, beating Apple's iPhone to the global marketplace by two weeks. READ »

Telecoms watchdog to propose TeliaSonera's network separation

Business & Money: 12 Jun 07
Swedish telecoms watchdog PTS is expected to propose a functional separation of TeliaSonera's fixed-line network later this week. The move is intended to promote open access and fair competition. READ »

Reinfeldt presses Chinese leader on human rights

National: 10 Jun 07
Swedish Prime Minister Fredrik Reinfeldt has pressed Chinese President Hu Jintao on his country's human rights record, during the final day of a three-day Chinese state visit in Sweden. READ »

More Swedes use IP-telephony

Business & Money: 7 Jun 07
The number of Swedes who make phone calls over the internet has increased markedly, according to new figures from telecoms regulator PTS. READ »

Companies threaten to sever ties with SAS

Business & Money: 23 May 07
Electrolux and Ericsson are both threatening to take their business elsewhere unless SAS can ward off a cabin crew strike expected to begin this Friday. READ »

Ericsson reports bumper profit

Business & Money: 26 Apr 07
Swedish telecoms equipment maker Ericsson made net profits of 8.3 billion kronor in the first quarter, up from 6.7 billion in the same period last year. READ »

Telia 'could be split up'

Business & Money: 19 Apr 07
The Swedish government has said it could split TeliaSonera into operator and service companies. The aim would be to improve competition on the Swedish broadband market. READ »

Stockholm shares reach all-time high

Business & Money: 16 Apr 07
Share prices in Stockholm reached record levels on Monday morning, passing those seen at the height of the IT boom in 2000. READ »

Ericsson bonus scheme voted down

Business & Money: 11 Apr 07
A bonus scheme for employees at Swedish telecoms giant Ericsson has been voted down at the company's annual general meeting. This puts the company in a very difficult position, chairman Michael Treschow says. READ »

Swedes oppose privatisation plans

Politics: 3 Mar 07
Only one in three Swedes support the government's privatisation plans, which will see the state holdings in six major Swedish companies sold off. READ »

Sweden unveils major privatisation plans

Business & Money: 2 Mar 07
The Swedish government has presented a bill to parliament to sell state holdings in six companies, including Vin & Sprit, owner of the Absolut Vodka brand. READ »


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Swedish word of the day

fin

adjective

Fin means anyhting from sweet to proper. When someone says, Du är så fin it's quite a compliment.


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