Swedish telecoms company Ericsson hiked its outlook for the year after beating profit estimates for the fifth straight quarter amid booming demand for 5G equipment. Sales at Ericsson hit 48.9bn Swedish kronor in the first three months of the year, up from SEK 43.3bn a year earlier and ahead of estimates for SEK48.2bn. The company said the strong growth had largely come from the North American market where 5G launches have already begun, rather than Europe where the roll-out is comparatively slower. "While Switzerland has released spectrum allowing Swisscom to offer commercial 5G services, using our equipment, the development in other parts of Europe is considerably slower primarily due to lack... To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium Access one Premium article per week Register for … [Read more...] about Ericsson beats forecasts for profit as 5G sales pick up
Updated 4:23 am PST, Wednesday, February 20, 2019 FILE- In this Sept. 18, 2018 file photo, Chairman of Reliance Group Anil Ambani speaks during the company's annual general meeting in Mumbai, India. India's top court has held industrialist Anil Ambani and two of his directors guilty of contempt of court and ordered them to pay 5.5 billion rupees ($77.29) million owed to Swedish telecom equipment maker Ericsson. less FILE- In this Sept. 18, 2018 file photo, Chairman of Reliance Group Anil Ambani speaks during the company's annual general meeting in Mumbai, India. India's top court has held industrialist Anil Ambani and two ... more Photo: Rafiq Maqbool, AP Photo: Rafiq Maqbool, AP Image 1 of / 1 Caption Close Image 1 of 1 FILE- In this Sept. 18, 2018 file photo, Chairman of … [Read more...] about Indian court orders top industrialist to pay Ericsson $77M
Ted Kulfan The Detroit News Published 4:22 PM EST Jan 21, 2019 Detroit – It really is startling when you consider how far Nick Jensen has come. Jensen didn’t have a great training camp. Things weren’t going good for him – Jensen appeared to be fighting the puck – and there were several young defensemen pushing to make the Detroit Red Wings roster. Jensen’s spot on the depth chart looked shaky. Then, after a rash of injuries at the end of camp, the Wings decided to keep Dennis Cholowski, Filip Hronek, Joe Hicketts and Libor Sulak on the opening night roster. Those four dressed for the opener against Columbus on Oct. 4. Nick Jensen did not. “A little bit of a wake-up call,” Jensen said recently of being healthy scratch for that opener. More: ‘Pretty tough so far': Filip Zadina learning but still long way from Red Wings Jensen was back in the lineup the next game, three days later in Los Angeles. Jensen had a fine game … [Read more...] about Skating, defense\u00a0give Nick Jensen staying power with Detroit Red Wings
Kevin Allen USA TODAY Published 12:36 PM EST Jan 17, 2019 The most important fact the Detroit Red Wings have learned this season is that they can count on Dylan Larkin, 22, to be a difference-maker. “We’ve got what I call a bus driver,” general manager Ken Holland told USA TODAY Sports. “Jonathan Toews drives the bus in Chicago. Patrice Bergeron drives the bus in Boston. Dylan Larkin drives the bus in Detroit. Those guys are hard to find. He’s not Connor McDavid or Auston Matthews, but he is a bus driver.” The rebuilding Red Wings knew Larkin was an exceptional young player. But with Henrik Zetterberg retiring last summer, they have discovered Larkin is taking his game to a higher level – with leadership part of his mandate. He’s feistier, harder to play against and has 45 points in 48 games. He has 177 shots on goal, only six fewer than Alex Ovechkin. Nothing illustrates the inspirational quality of … [Read more...] about Detroit Red Wings: How soon before they’re good again?
Helene St. James Detroit Free Press Published 10:14 PM EST Jan 15, 2019 The game was an exercise in patience. Neither the Detroit Red Wings nor the Anaheim Ducks had much going offensively Tuesday at Little Caesars Arena. It took more than half the game before anyone scored. The Wings finally stirred in the third period, enough to bank a 3-1 victory for consecutive wins for the first time since Dec. 1. The Wings didn’t look as energetic as the group that played fast and got traffic in front of the opposing goal in their previous outing. Their best line through 40 minutes was Jacob de la Rose’s with Justin Abdelkader and Christoffer Ehn. It was three key rebuilding blocks who first put the Wings on the scoreboard. Dylan Larkin picked up his fourth assist in the past two games when he passed the puck to Andreas Athanasiou, who found Anthony Mantha on the right side for a roofer, at 5:25. Gustav Nyquist tipped Danny DeKeyser’s shot with 4:16 … [Read more...] about Detroit Red Wings wake up in time to top Anaheim Ducks, 3-1