Trends - Ericsson - Business Recorder

Ericsson

Ericsson Q4 earnings beat forecast, warns of market decline in 2024

STOCKHOLM: Ericsson on Tuesday reported a fall in fourth quarter operating profit but beat expectations as the...

Published 23 Jan, 2024 12:28pm

Technology

China’s Huawei renews patent licensing deal with Ericsson

BEIJING: Chinese telecoms giant Huawei said Friday it had renewed a licensing agreement with Ericsson to use each...

Published 25 Aug, 2023 11:45am

Technology

Ericsson to pay over $200mn for breaching US deal over Iraq graft: statement

STOCKHOLM: Swedish telecom equipment maker Ericsson has said it will pay a $207 million fine for breaching a deal...

Published 03 Mar, 2023 02:01pm

Business & Finance

Ericsson quarterly earnings miss expectations

STOCKHOLM: Sweden’s Ericsson on Friday reported fourth-quarter core earnings that missed expectations for the ...

Published 23 Jan, 2023 05:57am

Technology

Russian mobile calls, internet seen deteriorating after Nokia, Ericsson leave

STOCKHOLM/MOSCOW: When telecoms gear makers Nokia and Ericsson leave Russia at the end of the year, their departure...

Published 21 Dec, 2022 01:46pm

Business & Finance

Ericsson sees margin at lower end of target, pushes for cost cuts

STOCKHOLM: Swedish telecom equipment maker Ericsson said on Thursday it would reach the lower end of its long-term...

Published 19 Dec, 2022 06:00am

Pakistan

Jazz partners with Ericsson to boost digital skills among entrepreneurs

ISLAMABAD: Jazz has partnered with Ericsson to boost digital skills for their entrepreneurial community in Pakistan...

Published 14 Dec, 2022 05:57am

Business & Finance

Ericsson and Apple end patent-related legal row with licence deal

STOCKHOLM: Ericsson said on Friday it had struck a global patent licence agreement with Apple, ending a row over...

Published 12 Dec, 2022 06:07am

Markets

Emerging markets: Ericsson report highlights potential economic benefits of 5G

KARACHI: A major new Ericsson (NASDAQ: ERIC) commissioned study by management consulting firm Analysis Mason...

Published 10 Dec, 2022 06:00am

Technology

Pakistan placed among emerging markets that will benefit from 5G rollout: study

Report says country can enhance GDP growth by up to 0.46% through 2035

Published 09 Dec, 2022 08:25pm

Markets

European shares rise after UK’s Truss resigns

LONDON: European shares rose on Thursday after Liz Truss said she was resigning as the United Kingdom’s prime...

Published 21 Oct, 2022 05:57am

Pakistan

Ericsson Pakistan launches Graduate Programme

KARACHI: Ericsson has announced the launch of its graduate programme in Pakistan to offer young talents world-class...

Published 13 Oct, 2022 05:59am

Business & Finance

Ericsson closes $6.2bn Vonage deal after short delay

STOCKHOLM: Ericsson on Thursday closed its $6.2 billion Vonage acquisition, nearly a month after it was delayed due...

Published 22 Jul, 2022 12:43am

Business & Finance

Ericsson’s quarterly core profit misses estimates on rising costs

STOCKHOLM: Sweden’s Ericsson, under the shadow of bribery investigations, on Thursday reported a rise in...

Published 14 Jul, 2022 10:45am

Business & Finance

Ericsson’s $6.2bn Vonage takeover delayed over US review

OSLO/STOCKHOLM: Ericsson said on Tuesday the closing of its $6.2 billion Vonage acquisition was delayed to the end...

Published 28 Jun, 2022 12:24pm

World

Ericsson says new US fines likely over Iraq corruption

STOCKHOLM: Swedish telecoms equipment giant Ericsson said Thursday it will likely have to pay new fines to the US...

Published 14 Apr, 2022 02:28pm

Business & Finance

Nokia to quit Russian market

HELSINKI: Nokia will pull out of the Russian market, the Finnish telecoms provider said on Tuesday, a day after...

Published 12 Apr, 2022 01:51pm

Business & Finance

Ericsson suspends all business in Russia

TOCKHOLM: Swedish telecom equipment maker Ericsson said on Monday it was suspending its business in Russia...

Published 11 Apr, 2022 01:32pm

Business & Finance

Ericsson CEO faces investor ire over handling of Iraq probe

STOCKHOLM: Investors publicly rebuked Ericsson Chief Executive Borje Ekholm and the telecom equipment maker’s ...

Published 31 Mar, 2022 06:06am

Business & Finance

Ericsson profit beats as more countries roll out 5G

STOCKHOLM: Sweden's Ericsson on Tuesday reported fourth-quarter core earnings above market estimates, helped by...

Published 25 Jan, 2022 11:33am

Markets

Ericsson sues Apple again over 5G patent licensing

STOCKHOLM: Sweden's Ericsson has filed another set of patent infringement lawsuits against Apple in the latest salvo...

Published 18 Jan, 2022 04:16pm

Technology

Ericsson brings $31m investment in country: minister

ISLAMABAD: The efforts of Federal Minister for Information, Technology, and Telecommunication Syed Amin ul Haq to...

Published 03 Jan, 2022 06:42am

Technology

Sweden's Ericsson to buy US cloud operator Vonage

STOCKHOLM: Ericsson said Monday it was acquiring US cloud-based communications provider Vonage, in the Swedish...

Published 22 Nov, 2021 01:38pm

Technology

Ericsson plans cut in China ops on Huawei backlash, flags supply chain issues

STOCKHOLM: Sweden's Ericsson announced on Tuesday plans to reduce its operations in China after suffering a big ...

Published 19 Oct, 2021 04:54pm

Technology

Ericsson wins 5G radio contracts in China

STOCKHOLM/SHANGHAI: Sweden’s Ericsson won a 3% share in a joint 5G radio contract from China Telecom and China...

Published 03 Aug, 2021 04:35am

Business & Finance

Sweden's Ericsson in $8.3bn 5G deal with Verizon

Ericsson is battling Huawei and the Finnish neighbour Nokia for fifth-generation (5G) contracts.

Published 16 Jul, 2021 11:59am

Technology

Ericsson, Samsung sign global patent licence agreement

KARACHI: Ericsson and Samsung have reached a multi-year agreement on global patent licenses between the two...

Published 09 Jul, 2021 04:25am

Business & Finance

Ericsson wins 5G core contracts from Vodafone in UK, Germany

The Swedish company has been an existing partner of Vodafone.

Published 17 Jun, 2021 11:15am

Business & Finance

Ericsson, Leonardo create partnership to develop new 5G solutions

Under the collaboration, Ericsson and Leonardo will share research and development capabilities and competences spanning from cyber security to 5G networks, the two companies said.
The partnership will also address cyber security while threats are becoming more complex in particular for strategic critical infrastructures, they added.

Published 25 May, 2021 08:07pm

Technology

Global mobile congress to return with over 30,000 people

BARCELONA: The Mobile World Congress, the telecom industry's biggest annual gathering, will draw over 30,000 people...

Updated 24 May, 2021 08:34am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 11	278.63
USD PKR Interbank Buying / Jun 11	278.33
USD to Japanese Yen / Jun 11	157.27
USD to Swiss Franc / Jun 11	0.90
Pound Sterling to USD / Jun 11	1.27
Euro to USD / Jun 11	1.08

Stock	Volume
S&P 500 / Jun 10	5360.79
Nasdaq / Jun 10	17193.59
Dow Jones / Jun 10	38868.04
India Sensex / Jun 11	76698.22
Tokyo Nikkei / Jun 11	39134.79
Hang Seng / Jun 11	18215.57
FTSE 100 / Jun 11	8162.25
Germany DAX 30 / Jun 11	18407.10

Item	Value
Gold 10 Grams PKR / Jun 10	205247
Petrol/Litre / Jun 11	268.36
Crude Oil USD/Barrel / Jun 11	77.82
Karachi Cotton PKR/37.32 KG / Jun 11	19935
Gold Spot USD/Ounce / Jun 11	2303.89
Diesel/Litre / Jun 11	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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