Ericsson and STMicroelectronics agreed to shut down their unprofitable ST-Ericsson chipset joint venture and split up its assets, a move that will lead to a net loss of 1,600 jobs.
FierceBroadbandWireless Editor-in-Chief Sue Marek talked with Johan Wibergh, Ericsson's executive vice president and head of its networks business unit, about the company's traffic predictions and how wireless operators will be able to handle additional network congestion. Wibergh also touched on how carriers might use LTE Broadcast technology. Check out the full Hot Seat interview here .
FierceBroadbandWireless Editor-in-Chief Sue Marek talked with Johan Wibergh, Ericsson's executive vice president and head of business unit networks about the company's traffic predictions and how wireless operators will be able to handle all that additional network congestion.
Ericsson and STMicroelectronics have failed to attract offers for their loss-making semiconductor joint venture after a three-month search for buyers, according to a Bloomberg report, sparking renewed speculation that the venture may be coming to an end soon.
Ericsson and STMicroelectronics have tried and failed over the past three months to find a buyer for their struggling ST-Ericsson chipset joint venture, according to a Bloomberg report.
Ericsson and InterDigital joined the four-month-old Hypervoice Consortium, which aims to set standards for morphing regular voice communications into native Web objects that are searchable, shareable and linkable.
Ericsson said that its share of the overall network equipment market slumped from 27 per cent in 2011 to 24 per cent in 2012, based upon preliminary company data.
Ericsson is upgrading MetroPCS' LTE network with enhanced capabilities to support services such as Voice over LTE and Rich Communication Services. The news comes as MetroPCS works toward completing its planned merger with T-Mobile USA.
Ericsson sits atop the LTE infrastructure marketplace, but TD-LTE rollouts this year will benefit rivals Alcatel-Lucent, Huawei and ZTE, according to a fresh report.
The past year has been eventful, to say the least, for Nokia Siemens Networks. Laying off employees, selling off businesses and constantly readjusting the business plan to, well, remain in business. The company is doing much better financially, and I can't help but be fascinated by the progress it has made.