SAP AG, the biggest maker of business-management software, is in discussions with phone companies including Vodafone Group Plc, Verizon Communications Inc. and Deutsche Telekom AG about providing software to help run home security systems.
Ericsson AB, the world’s largest maker of mobile-phone networks, aims to increase revenue from its more than 27,000 patents as devices from toys to energy meters get wireless access, its chief executive officer said.
Ericsson AB, the world’s largest maker of wireless networking equipment, is making a new push into services such as money transfers over handsets, as short- term uncertainties weigh on growth of its traditional business, Chief Executive Officer Hans Vestberg said in an interview.
Ericsson AB, the world’s largest maker of mobile-phone networks, reported second-quarter profit that missed analysts’ estimates as carriers curbed spending to cope with a slowing economy. The stock fell to a 3 1/2-year low.
Nokia Siemens Networks, the telecommunications equipment venture between Finland’s Nokia Oyj and Siemens AG of Germany, predicts three profitable vendors will outlive consolidation in the industry, according to its chief executive officer.
Ericsson AB’s first-quarter profit more than doubled on the sale of a stake in its mobile handset venture while the company increased its profit margins from the previous period amid cautious spending from European operators.