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Ericsson reported a near-tripling of its third-quarter net profit, boosted by a significant one-time gain from the sale of its iconectiv business, even as revenue declined.
Ericsson has finalized the sale of its iconectiv business to Koch Equity Development, completing a divestment aimed at sharpening its focus on its core telecommunications network equipment business.
Ericsson swung to a second-quarter profit as cost-cutting measures boosted margins, even as the Swedish telecommunications-equipment maker's revenue declined.
| 7 Apr 2005 |
| Ericsson Mobile Platforms and NTT DoCoMo successfully complete WCDMA Interoperability Testing | 7 Apr 2005 |
| Carl-Henric Svanberg's speech to Ericsson's annual general meeting on April 6, 2005 | 6 Apr 2005 |
| Ericsson publicerar finansiella rapporter omräknade med hänsyn till IFRS | 30 Mar 2005 |
| Ericsson and Suntel Ltd. to deploy CDMA2000 1X network in Sri Lanka | 29 Mar 2005 |