STOCKHOLM Telecoms equipment supplier Ericsson beat quarterly core earnings forecasts on Wednesday, helped by higher margins and China's 5G rollout, and said it was "more confident" about meeting its 2020 targets.
* Expects profits from China to improve further
(Adds comments from CFO interview, details)
STOCKHOLM Sweden has banned telecoms equipment from Huawei [HWT.UL] and ZTE in its 5G network, joining other European nations that have restricted the role of Chinese suppliers on security grounds. | Video
STOCKHOLM Nokia on Tuesday sought to enforce an injunction against Lenovo, the world's biggest PC maker, to block sales of its products in Germany after violation of a video encoding patent.
STOCKHOLM/NEW YORK Verizon said on Monday it has struck deals with Microsoft and Nokia to improve the telecoms giant's ability to target business customers by offering clients the ability to automate factory floors, lower costs and speed up data traffic through private 5G networks.
5G will finally get its U.S. closeup with the expected debut of Apple Inc's next iPhone on Tuesday. But the blazing speeds promised will not materialize for most people. | Video