Euronews: Ericsson Hangs Tough

Ericsson AB (Nasdaq: ERIC) and Telia Company lend a Nordic flavor to today's smorgasbord of EMEA telecom headlines.

  • Despite the tough global trading conditions hitting the vendor community, Ericsson managed to improve its revenues on a sequential and year-on-year basis in the second quarter, reporting sales of 55.3 billion Swedish kronor (US$7.94 billion). (See Ericsson Sets Q2 Benchmark and ST-Ericsson Reports Q2 Loss of $318M.)

  • Half-year net income was down 4.1 percent year-on-year at 8.1 billion Swedish kronor ($1.1 billion) at TeliaSonera, despite sales being up 2.3 percent to SEK51.9 billion ($7.4 billion), prompting the Nordic operator to revise its 2012 outlook downwards. (See TeliaSonera Reports H1 Profit of SEK8.1B, TeliaSonera Plots 4G Voice Service in 2013 and TeliaSonera Chokes Free VoIP Services .)

  • Morocco's telecom regulator has initiated the country's 4G license auction, setting an Aug. 23 deadline for submission of bids, reports Reuters. Maroc Telecom , Médi Télécom S.A. (Méditel) and Wana are the main players in the sector.

  • Two unsuccessful bidders for an Irish mobile phone license in the 1990s have been given the chance to challenge the government's decision to award said license to another company, reports Reuters. Comcast International Holdings Incorporated and Persona Digital Telephony Ltd are to allege "fraud, corruption and deceit," on the part of the state. That should just about cover it.

  • It hd to hppn: Texting has overtaken voice calling in the U.K. in terms of popularity, at least among the 16-24 age group. This is one of the conclusions of a survey by regulator Ofcom , which found that 90 percent of this demographic texted every day, while only 67 percent made a call on a daily basis. Informa analyst Pamela Clark-Dickson interprets this as evidence of how good the U.K. operators have been at resisting the OTT rivals to SMS, such as WhatsApp, iMessage and KakaoTalk, which have taken off in other parts of the world but made little impression in Britain.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • Pete Baldwin 12/5/2012 | 5:27:32 PM
    re: Euronews: Ericsson Hangs Tough

    I know money is involved and all, but it's still hard to fathom pursuing that mobile-license case after 17 years. 

    The company that allegedly unfairly won the license was sold for 2.3 billion Irish pounds, Reuters says, so -- apparently the plaintiffs are hoping that number will factor into any damages.

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