Telecommunication Report

Friday, October 20, 2006

Cellphone venture lifts Ericsson’s net

Cellphone venture lifts Ericsson’s net
By Magnus Hansson
The Wall Street Journal Europe
20 Oct 2006

STOCKHOLM— Telefon AB L.M. Ericsson posted a 17% rise in net profit for the third quarter as contributions from50%-owned mobilephone maker Sony Ericsson boosted results. Ericsson, which provides equipment and related services for telecommunications... read more...