Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

News

Ericsson will stop making telecom cables

Mark

Share:

Print

Rate article:

No rating
Rate this article:
No rating

Communications technology business Ericsson is planning to close its telecom cables operation within the company’s Networks business unit. 318 jobs in Sweden are expected to be lost. Earlier this month it announced plans to sell its power cables operations to NKT Cables.

The company says the market for copper cable has declined in the last years, with an increasing demand for fibre cable being met in Asia.

Tomas Qvist, head of Special Products in business unit Networks, and head of Human Resources for Ericsson in Sweden, said “It is a tough message to bring to our colleagues in the telecom cable operations in Hudiksvall and Stockholm today. The decision is based on the fact that Ericsson’s production of telecom cables is small from a global perspective, and that we also have a small market share. There is overproduction on the cable market in Europe. Unfortunately, our production has not been operating at full capacity for a long time and has struggled with profitability.”

Ericsson’s net sales for telecom cables operations in 2012 amounted to approximately £99 million.

Comments

Collapse Expand Comments (0)
You don't have permission to post comments.

Opinion Articles

Whatever happened to all my tech?

ExclusiveWhatever happened to all my tech?

Mark Bridge writes:

I've been taking a look back at the devices I've written about during the past few years. Some are still faithful companions, others... well, let's just say my faith was misplaced.

ExclusivePredictions for 2016: Network Function Virtualisation, 4G throttling and video calling

Mark Windle, head of marketing at OpenCloud, predicts that this year’s reduction in the number of traditional telecoms operators in some countries will provide an opportunity for other operators to innovate and capture market share in 2016.

He says next year will be a year of rapid change for telecoms… whether it’s MVNO disruption, competitive tariff pricing or simply defence from the ‘dark art’ of hacking.

Kapture review: the audio-recording wristband

ExclusiveKapture review: the audio-recording wristband

Mark Bridge writes:

The most memorable moments in life often go unrecorded. You don't have your camera in your hands. Your finger is still hovering over the 'pause' button on your audio recorder. Or you were simply too busy experiencing whatever was happening. It's all about the one that got away.

That's where Kapture can help.

RSS
12345678910Last

Recent Podcasts

ExclusivePodcast - 29th July 2009

Former javelin world record holder Steve Backley talks about selling mobile phones, while Iain, James and Mark look at the rest of the week’s industry headlines – from SpinVox problems to Blyk’s closure.

ExclusivePodcast - 22nd July 2009

This week Iain Graham talks to Andy Tow, MD of distributor Avenir Telecom. And, as usual, Iain joins James Rosewell and Mark Bridge for an in-depth look at the week's mobile industry headlines.

ExclusivePodcast - 15th July 2009

We report from the launch of Datawind's new UbiSurfer netbook and PocketSurfer3 device, which both include a year's mobile internet access with the purchase price. Plus, as usual, there's an in-depth look at all the week's mobile industry headlines.

ExclusivePodcast - 8th July 2009

This week's podcast sees Vodafone and Carphone Warehouse reunited, T-Mobile UK with an uncertain future and mobile music downloads hitting new highs. There's also news about a youth-focussed MVNO - and it's not Blyk.

ExclusivePodcast - 1st July 2009

It's a particularly upbeat edition of The Fonecast this week, with European roaming charges falling, a universal phone charger on the horizon and mobile video uploads on the increase. Coming back down to earth, we also take a look at some of the problems facing mobile payments in the UK.

RSS
First7576777880828384Last

Follow thefonecast.com

Archive Calendar

«June 2026»
MonTueWedThuFriSatSun
25262728293031
1234567
891011121314
15161718192021
22232425262728
293012345

Archive