Sales fell 2.4 per cent to 52.2 billion kronor ($6.4 billion), the mobile-network equipment and software maker said on Thursday. Photograph: Reuters

Ericsson shares fell the most in a year after its first quarter sales missed analysts’ estimates, showing the Swedish company’s efforts to expand beyo(...)

Ericsson’s President and chief executive Hans Vestberg: “We believe in 2021 there will 150 million subscribers for 5G.”

Ericsson, the world’s top supplier of wireless equipment, said on Monday it expects 150 million users to be on next-generation 5G networks five years (...)

Hans Vestberg, chief executive officer of Ericsson, speaks during a news conference at Mobile World Congress in Barcelona. Photograph: Angel Navarette/Bloomberg

As phone carriers curb spending on network equipment, the world’s largest maker of such hardware is accelerating a push to get more revenue fro(...)

Ericsson CEO Hans Vestberg during a news conference at Mobile World Congress at Barcelona. Microsoft is said to be considering Vestberg as a possible successor to outgoing CEO Steve Ballmer. Photograph: Albert Gea/Files/Reuters

Microsoft’s board is considering Ericsson chief executive officer Hans Vestberg as a potential successor to departing leader Steve Ballmer, according (...)