Ericsson Bribery Case: SEC Bestows Whistleblower Award of $279 Million to Tipster
The Wall Street Journal recently reported that the Securities and Exchange Commission granted a record-breaking whistleblower award of...
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Ericsson agreed to pay $206m for breaching US prosecutor deal The firm will also have to serve a qualifying period through June 2024.
Sweden’s Ericsson agreed to pay $206 million as a fine and pleaded guilty after breaking the terms of...
Nokia announces brand identity change after nearly 60 years
Nokia, the telecom equipment maker, announced on Sunday that it plans to change its brand identity for the...
Ericsson Announces Global Layoffs Affecting 8,500 Workers
Ericsson, a Swedish telecommunications giant, is reportedly planning to cut 8,500 jobs worldwide, which represents roughly 8% of...
Ericsson Clarifies It Does Not Ship Its Products To Russia
Swedish multinational company, Ericsson has come out with a clarification, in which it has said that the company...
Ericsson And Nokia Vacate Their Offices In Russia.
Sweden-based Ericsson has said that it is going to close all its operations in the coming months. Earlier,...
Nokia to stop doing business in Russia
Nokia (NOKIA.HE) is exiting the Russian market, according to its CEO, going farther than rival Ericsson (ERICb.ST), which...
Ericsson suspends business in Russia, puts staff on paid leave
Six weeks after beginning an evaluation of the impact of Western sanctions on its activities, Ericsson has suspended...
Telecom giant Ericsson continued doing business in areas that fell to ISIS
According to confidential documents, the telecoms firm Ericsson is accused of assisting in the payment of payments to...
Commercial 5G mobile services to be rolled out in 13 Indian cities next year
The Department of Telecommunications (DoT), a department of the Ministry of Communications, India has officially confirmed that commercial...