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Technology Stocks : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?


To: Jim Oravetz who wrote (4739)6/1/2001 1:06:12 PM
From: Eric L  Read Replies (1) | Respond to of 5390
 
re: Billion Mobile Users Next Year - T68 and the T39 GPRS Models This Year

>> Ericsson Sees 1 Billion Mobile Users Worldwide In 2002

AFX News Limited
01 June 2001

LM Ericsson AB expects the number of mobile users to reach 1 bln next year, said Johan Siberg, executive vice president at Ericsson.

Speaking at the e-mobility EU conference, Siberg said:

"The number of mobile users will overtake the number of fixed subscribers by 2002 worldwide, and be around 1 bln."

Currently there are around 800 mln mobile users in the world.

Siberg said he thinks the market is now ready for advanced mobile services, which combine the mobile Internet and broadband internet, offering features like mobile commerce, location services, interactive games and cameras.

To tackle this new market, Ericsson is launching two GPRS phones this year, the T68 and the T39, he said, adding that a handset with a camera should also be available in the market before year-end. <<

- Eric -



To: Jim Oravetz who wrote (4739)6/1/2001 2:20:58 PM
From: Eric L  Read Replies (1) | Respond to of 5390
 
re: IS-136 TDMA Lives On - BellSouth Colombia Deal

>> Ericsson Gets $43 Mln Colombian TDMA Order

May 31, 2001
Reuters

Swedish telecoms equipment maker Ericsson [LMEb.ST] said on Thursday it got a $43 million order from BellSouth Colombia[BLS.N]for base stations, switching expansion and services in the TDMA mobile phone standard. Ericsson, the world's biggest producer of mobile networks and fourth biggest handset supplier, has been hard hit by a severe slowdown in demand for TDMA systems in the United States, where some operators switch to the GSM standard and others put investment on hold amid a global economic slowdown. <<

- Eric -



To: Jim Oravetz who wrote (4739)6/7/2001 2:51:40 AM
From: elmatador  Read Replies (1) | Respond to of 5390
 
The real power over Ericsson rests with two Swedish power spheres: Investor, the holding company of Sweden's powerful Wallenberg family, and Industrivarden, a rival sphere linked to Svenska Handelsbanken. Each controls about 42 per cent of the votes in the company, thanks to a system which gives 1,000 to every A share and just one for every B share.
FULL ARTICLE:
globalarchive.ft.com

I'm not sure if it was with you I discussed ERICY ownership structure in this Thread.

I post this here today because the European Union has reached one agreement on takeovers. I don't have the details but I think some types of poison pills would not be longer allowed.