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Ericsson

Ericsson Q3 core profit beats expectations

STOCKHOLM: Swedish telecom equipment maker Ericsson reported on Tuesday a rise in core earnings that beat...

Published 15 Oct, 2024 10:12am

Technology

Ericsson forms company with 12 telcos to sell network software

STOCKHOLM: Ericsson said on Thursday it had created a joint venture to sell software with a dozen telecom operators,...

Published 13 Sep, 2024 02:23pm

Technology

Ericsson Q2 sales fall 7%, beating expectations

Swedish telecom gear maker Ericsson reported on Thursday a 7% drop in second-quarter sales, beating expectations as...

Published 12 Jul, 2024 10:51am

Technology

Ericsson Q4 earnings beat forecast, warns of market decline in 2024

STOCKHOLM: Ericsson on Tuesday reported a fall in fourth quarter operating profit but beat expectations as the...

Published 23 Jan, 2024 12:28pm

Technology

China’s Huawei renews patent licensing deal with Ericsson

BEIJING: Chinese telecoms giant Huawei said Friday it had renewed a licensing agreement with Ericsson to use each...

Published 25 Aug, 2023 11:45am

Technology

Ericsson to pay over $200mn for breaching US deal over Iraq graft: statement

STOCKHOLM: Swedish telecom equipment maker Ericsson has said it will pay a $207 million fine for breaching a deal...

Published 03 Mar, 2023 02:01pm

Business & Finance

Ericsson quarterly earnings miss expectations

STOCKHOLM: Sweden’s Ericsson on Friday reported fourth-quarter core earnings that missed expectations for the ...

Published 23 Jan, 2023 05:57am

Technology

Russian mobile calls, internet seen deteriorating after Nokia, Ericsson leave

STOCKHOLM/MOSCOW: When telecoms gear makers Nokia and Ericsson leave Russia at the end of the year, their departure...

Published 21 Dec, 2022 01:46pm

Business & Finance

Ericsson sees margin at lower end of target, pushes for cost cuts

STOCKHOLM: Swedish telecom equipment maker Ericsson said on Thursday it would reach the lower end of its long-term...

Published 19 Dec, 2022 06:00am

Pakistan

Jazz partners with Ericsson to boost digital skills among entrepreneurs

ISLAMABAD: Jazz has partnered with Ericsson to boost digital skills for their entrepreneurial community in Pakistan...

Published 14 Dec, 2022 05:57am

Business & Finance

Ericsson and Apple end patent-related legal row with licence deal

STOCKHOLM: Ericsson said on Friday it had struck a global patent licence agreement with Apple, ending a row over...

Published 12 Dec, 2022 06:07am

Markets

Emerging markets: Ericsson report highlights potential economic benefits of 5G

KARACHI: A major new Ericsson (NASDAQ: ERIC) commissioned study by management consulting firm Analysis Mason...

Published 10 Dec, 2022 06:00am

Technology

Pakistan placed among emerging markets that will benefit from 5G rollout: study

Report says country can enhance GDP growth by up to 0.46% through 2035

Published 09 Dec, 2022 08:25pm

Markets

European shares rise after UK’s Truss resigns

LONDON: European shares rose on Thursday after Liz Truss said she was resigning as the United Kingdom’s prime...

Published 21 Oct, 2022 05:57am

Pakistan

Ericsson Pakistan launches Graduate Programme

KARACHI: Ericsson has announced the launch of its graduate programme in Pakistan to offer young talents world-class...

Published 13 Oct, 2022 05:59am

Business & Finance

Ericsson closes $6.2bn Vonage deal after short delay

STOCKHOLM: Ericsson on Thursday closed its $6.2 billion Vonage acquisition, nearly a month after it was delayed due...

Published 22 Jul, 2022 12:43am

Business & Finance

Ericsson’s quarterly core profit misses estimates on rising costs

STOCKHOLM: Sweden’s Ericsson, under the shadow of bribery investigations, on Thursday reported a rise in...

Published 14 Jul, 2022 10:45am

Business & Finance

Ericsson’s $6.2bn Vonage takeover delayed over US review

OSLO/STOCKHOLM: Ericsson said on Tuesday the closing of its $6.2 billion Vonage acquisition was delayed to the end...

Published 28 Jun, 2022 12:24pm

World

Ericsson says new US fines likely over Iraq corruption

STOCKHOLM: Swedish telecoms equipment giant Ericsson said Thursday it will likely have to pay new fines to the US...

Published 14 Apr, 2022 02:28pm

Business & Finance

Nokia to quit Russian market

HELSINKI: Nokia will pull out of the Russian market, the Finnish telecoms provider said on Tuesday, a day after...

Published 12 Apr, 2022 01:51pm

Business & Finance

Ericsson suspends all business in Russia

TOCKHOLM: Swedish telecom equipment maker Ericsson said on Monday it was suspending its business in Russia...

Published 11 Apr, 2022 01:32pm

Business & Finance

Ericsson CEO faces investor ire over handling of Iraq probe

STOCKHOLM: Investors publicly rebuked Ericsson Chief Executive Borje Ekholm and the telecom equipment maker’s ...

Published 31 Mar, 2022 06:06am

Business & Finance

Ericsson profit beats as more countries roll out 5G

STOCKHOLM: Sweden's Ericsson on Tuesday reported fourth-quarter core earnings above market estimates, helped by...

Published 25 Jan, 2022 11:33am

Markets

Ericsson sues Apple again over 5G patent licensing

STOCKHOLM: Sweden's Ericsson has filed another set of patent infringement lawsuits against Apple in the latest salvo...

Published 18 Jan, 2022 04:16pm

Technology

Ericsson brings $31m investment in country: minister

ISLAMABAD: The efforts of Federal Minister for Information, Technology, and Telecommunication Syed Amin ul Haq to...

Published 03 Jan, 2022 06:42am

Technology

Sweden's Ericsson to buy US cloud operator Vonage

STOCKHOLM: Ericsson said Monday it was acquiring US cloud-based communications provider Vonage, in the Swedish...

Published 22 Nov, 2021 01:38pm

Technology

Ericsson plans cut in China ops on Huawei backlash, flags supply chain issues

STOCKHOLM: Sweden's Ericsson announced on Tuesday plans to reduce its operations in China after suffering a big ...

Published 19 Oct, 2021 04:54pm

Technology

Ericsson wins 5G radio contracts in China

STOCKHOLM/SHANGHAI: Sweden’s Ericsson won a 3% share in a joint 5G radio contract from China Telecom and China...

Published 03 Aug, 2021 04:35am

Business & Finance

Sweden's Ericsson in $8.3bn 5G deal with Verizon

Ericsson is battling Huawei and the Finnish neighbour Nokia for fifth-generation (5G) contracts.

Published 16 Jul, 2021 11:59am

Technology

Ericsson, Samsung sign global patent licence agreement

KARACHI: Ericsson and Samsung have reached a multi-year agreement on global patent licenses between the two...

Published 09 Jul, 2021 04:25am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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Ericsson

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