Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jim Oravetz who wrote (5300)	12/21/2006 4:08:26 PM
From: Taro	Respond to of 5390

Come on, that's 10 years ago old news. Nobody has been investing a penny for years in Sonet/SDH connectivity technology and everybody and his brother has know that IP has taken over. Except some very old and costly programs still being artificially oxygenized at Lucent (Nuremberg) and a few other places. Here we see the surviving legacy guys attacking what use to be the exclusive domains of the Cisco style newcomers!! Taro

To: Jim Oravetz who wrote (5300)	12/22/2006 7:17:09 AM
From: Taro	Respond to of 5390

News Analysis: Ericsson Offers $2.1B for Redback Ericsson AB has agreed to a $2.1 billion cash deal worth $25 per share to buy IP router vendor Redback Networks Inc. The Swedish firm, which bought British vendor Marconi about a year ago and has only just completed that integration process, says the deal gives it the edge IP router technology it needs to go with its IP-based fixed and wireless access portfolio, and enhances its growth opportunities as carriers shift toward all-IP infrastructures. "With the growing importance of IP-based services, it is key to have our own IP routing technology as a fundamental part of Ericsson's offering," stated the firm's CEO Carl-Henric Svanberg. "This is an acquisition of people and competence," he told an early morning press conference in Stockholm. It's also one with growth potential. Svanberg used projections from Yankee Group Research Inc. to show that the total addressable market for IP edge routing is expected to exceed $5 billion by 2009, up from $3.6 billion in 2006. The news gave Redback's stock a healthy boost: lightreading.com And the reason for the move? Four letters - IPTV: lightreading.com

To: Jim Oravetz who wrote (5300)	2/2/2007 12:34:01 PM
From: Jim Oravetz	Read Replies (2) \| Respond to of 5390

Ericsson Says Net Climbs 14% But Tempers Industry Outlook By AUDE LAGORCE February 2, 2007 9:50 a.m. LONDON -- Telecommunications equipment maker Telefon AB LM Ericsson reported a 14% rise in profit helped by record earnings at its handset joint venture with Sony Corp. But Ericsson shares slumped after the Swedish company cautioned that the market for mobile equipment may slow in 2007. The company's American depositary receipts fell $2.57, or 6.5%, to $36.76 on the New York Stock Exchange. Ericsson said fourth-quarter net income improved to 9.73 billion Swedish kronor ($1.39 billion), or 0.61 kronor a share, from 8.54 billion kronor, or 0.54 kronor a share, a year earlier, as Japanese operators built out their mobile broadband offerings and Western European carriers increasingly let the firm manage their networks. Ericsson increasingly helps mobile operators manage their networks, due to its acquisition of Britain's Marconi in 2005. On Friday, for instance, Ericsson inked an agreement to maintain the mobile network of France Telecom's Orange in Holland. But the bulk of the growth came from half-owned mobile-phone maker Sony Ericsson, where a tripling of profit added 2.02 billion kronor to Ericsson's own bottom line. Overall quarterly sales climbed 18% to 53.7 billion kronor, on solid growth in infrastructure and services. The company didn't give guidance on profit or sales expectations in 2007, but it lowered its outlook for the mobile systems market from "moderate" growth to "mid-single digit" growth, measured in dollar terms. Ericsson has previously defined "moderate" as 4% to 9%, meaning the new guidance cuts the top end of that view to 6%. Ericsson Chief Executive Carl-Henric Svanberg said the reason for the change in guidance was that overall market for mobile-phone infrastructure in 2006 had grown slightly slower than the company had expected, at a rate of about 5% rather than the 6% it had forecast. "We expect the market in 2007 to be the same," he said. But Mr. Svanberg said Ericsson wasn't downgrading forecasts for its own growth, which the company doesn't disclose. That is because "we are taking market share faster than expected," he said. "Disappointing market guidance in mobile systems confirms our view that industry growth is slowing -- we forecast only 3% market growth in 2007," Goldman Sachs analysts told clients. Richard Windsor, a London-based analyst with Nomura, said the Swedish company had reported a good set of results but he thinks the mobile networks division will underperform relative to expectations in 2007. "This should be made up for by a strong performance in professional services and Sony Ericsson, but we see no upside to current estimates," Mr. Windsor added. On future acquisitions, Mr. Svanberg said he expects Ericsson to continue to make acquisitions, but that these would be small, "bolt-on acquisitions" for the company's multimedia and services divisions.