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Ericsson acquires Bizitek

Ericsson has acquired 100 percent of the shares of Bizitek, a Turkish systems integrator of business support systems. Financial details were not disclosed.

Ericsson profit falls 71 percent as sales decline

The global economic downturn finally caught up with Ericsson in the third-quarter, as the Swedish vendor reported a huge 71 percent drop in net income (to SEK810 million/US$118 million). Sales came in at SEK46.4 billion, a 6 percent slip on revenue of SEK49.2 billion in the year-ago quarter. Both revenue and profit fell short of analyst forecasts by a long way.

Unitech Wireless inks network deal with Ericsson

Indian greenfield operator Unitech Wireless has selected Swedish vendor Ericsson to supply network equipment and manage its rollout for three circles in a deal worth an estimated US$500 million, according to an Economic Times report cited by TeleGeography.

Samsung unveils 12MP cameraphone

Reuters notes that Samsung Electronics today unveiled the world’s first mobile phone with a 12-megapixel camera, a higher resolution than most digital cameras.

Ericsson launches embedded HSPA for netbooks

Ericsson has launched a new HSPA-enabled mobile broadband module specifically designed for mini laptops, or ‘netbooks.’

Sony Ericsson unveils new green strategy

Loss-making handset vendor Sony Ericsson has added the issue of environmental sustainability to its new product portfolio strategy, unveiling two ‘green’ devices amid plans to reduce CO2 emissions across the whole company by 20 percent by 2015.

Ericsson wins at 3 Italia

Ericsson has won a seven-year agreement with 3 Italia to upgrade its existing WCDMA/HSPA network

Ericsson scores managed services deal in Africa

Ericsson continues to win deals in the unglamorous but fast-growing managed services space, building on Friday’s contract announcement with 3 Italia with news today that it has won its first major deal in Africa via Zain Nigeria.

Ericsson takes US625M long-term loan to refinance debt

Mobile network equipment maker Ericsson has signed a long-term bilateral loan of US$625 million with the Swedish Export Credit Corporation.

Ericsson wins IMS contract with O2 Germany

Ericsson will provide Telefónica O2 Germany with an IMS core system with an IMS-based VoIP application server.