Latest News for: Sweden telecom

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FACTBOX-European companies cut jobs as economy sputters

Philenews 10 Apr 2024
the Swedish heating solutions maker has cut 340 positions in Sweden, it said on March 18 ... the Swedish telecoms equipment supplier said on March 25 it was planning to reduce about 1,200 positions in Sweden.
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European companies cut jobs as economy sputters

Khaleejtimes 10 Apr 2024
The Swedish heating solutions maker has cut 340 positions in Sweden, it said on March 18 ... The Swedish telecoms equipment supplier said on March 25 it was planning to reduce about 1,200 positions in Sweden.
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Tech layoffs March 2024: Apple, Dell, IBM and other companies cut jobs. Complete details here

Hindustan Times 30 Mar 2024
While Ericsson cut 1,200 jobs in Sweden amid declining demand for 5G equipment, Dell reduced its workforce as part of cost-cutting measures ... The cuts are a part of the Swedish telecom giant's cost-saving plan for 2024.
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Tech layoffs continue unabated in March 2024: Apple, IBM, Dell among IT majors that cut jobs

Live Mint 30 Mar 2024
Earlier this month, Ericsson said that it will cut 1,200 jobs in Sweden because the demand for 5G network equipment has slowed down. The telecom giant is bracing for a 'challenging mobile networks ...
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Ericsson cuts 1,200 jobs in Sweden in 'challenging' market

The Manila Times 27 Mar 2024
Swedish telecoms equipment giant Ericsson said on Monday it was cutting 1,200 staff in Sweden, or 8.6 percent of its Swedish workforce, as it faces a "challenging" market for mobile networks.The ...
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Ericsson layoffs: Company will cut 1,200 jobs in this country amid lower sales. More to follow?

Hindustan Times 26 Mar 2024
Swedish telecoms equipment giant Ericsson said it was cutting 1,200 staff in Sweden, or about eight percent of its Swedish workforce as it faces a "challenging" market for mobile networks.(AFP).
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Ericsson to cut 1,200 jobs in Sweden amid 'challenging' market

Daily Sabah 25 Mar 2024
Swedish telecom giant Ericsson said on Monday it would lay off about 1,200 employees in Sweden as a part of cost cuts announced earlier this year, citing a 'challenging' mobile net ....
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A new form of protectionism

Shenzhen Daily 03 Mar 2024
lawmakers’ unfounded accusations against the two Shenzhen telecom equipment makers ... Huawei was the world’s second-largest telecom equipment maker in 2011; six years later, it overtook Sweden’s Ericsson as the largest.
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Tele2 4Q Sales SEK7.68B

Market Watch 30 Jan 2024
By Dominic Chopping ... The Sweden-based telecom company posted a net profit of 936 million Swedish kronor ($89.2 million) compared with SEK1.26 billion a year earlier and against the SEK865 million expected by analysts polled by FactSet ... Advertisement ... .
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Ashwini Vaishnaw at Idea Exchange: \u2018From the UP govt to highways, telecom and railways, we are all ready (for the Ram temple)\u2019

Indian Express 15 Jan 2024
On the Telecom Act, there seems to be some confusion on whether OTT platforms are included ... Today, there are only four countries in the world that have end-to-end telecom technology stack \u2014 China, South Korea, Sweden and Finland.
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China's ultimate goal in stirring up SCS tensions – one Sino commentator's view

The Manila Times 12 Jan 2024
First word ... I am not employed or commissioned in any manner by any person or organization for the writing of these pieces, be they in criticism or defense of any government ... It also damaged two telecom cables connecting Estonia to Finland and Sweden.
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Stonepeak Completes Acquisition of 49% Interest in Cellnex Nordics

The Eagle-Tribune 30 Nov 2023
Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has completed the acquisition of a 49% interest in Cellnex Sweden and Cellnex ...
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Britain to send seven Royal Navy ships to patrol areas with undersea cables

Reuters 30 Nov 2023
Last month, Sweden said a Baltic Sea telecom cable connecting Sweden and Estonia was damaged at roughly the same time as a Finnish-Estonian pipeline and cable ... Vessels will be spaced to cover a wide area from the Channel to the Baltic Sea, it added.
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China In Eurasia Briefing: As Biden and Xi Meet, What's At Stake?

Beijing News 15 Nov 2023
A telecom cable linking Estonia to Sweden was also damaged the same night, along with one of Russia's telecom cables in the Gulf of Finland.

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