Financial Performance - Ericsson's Q4 2025 organic sales increased by 6% year-over-year[5, 11] - The adjusted gross margin for Q4 2025 was 48.0%[5, 12, 15] - The adjusted EBITA margin for Q4 2025 was 18.3%[5, 12, 16] - For the full year 2025, organic sales grew by 2% year-over-year[5, 18, 19] - The adjusted gross margin for full year 2025 was 48.1%[5, 18, 19] - The adjusted EBITA margin for full year 2025 was 18.1%[5, 18, 19] - Free cash flow before M&A for Q4 2025 was SEK 14.9 billion[12, 16] - Free cash flow before M&A for full year 2025 was SEK 26.8 billion[18, 19] Segment Performance - Networks segment Q4 organic sales grew by 4%[24] - Cloud Software and Services segment Q4 organic sales grew by 12%[29] - Enterprise segment Q4 organic sales grew by 2%[32] Regional Performance - In Q4 2025, Europe, Middle East and Africa (EMEA) saw organic growth of 13%[11] - South East Asia, Oceania and India saw organic growth of 19%[11]

Core Insights - The company demonstrated solid execution of its strategic priorities, achieving organic growth in a flat RAN market through efforts in mission-critical networks, 5G core, and enterprise solutions [3] - The operational improvements over recent years have led to enhanced margins and cash flow, marking the ninth consecutive quarter of year-over-year adjusted EBITA margin expansion [3][4] - The company plans to increase investments in defense while optimizing its cost base to support margins and cash flow generation in the upcoming years [5] Fourth Quarter Highlights - Organic sales growth was achieved in all segments, with a notable 12% growth in the Cloud Software and Services segment [4] - Reported sales for Q4 were SEK 69.3 billion, a decrease from SEK 72.9 billion year-over-year, while adjusted gross income was SEK 33.2 billion, slightly down from SEK 33.7 billion [4][7] - Adjusted EBITA for Q4 was SEK 12.7 billion, reflecting an 18.3% margin, benefiting from improved segment margins in Mobile Networks [4][7] Full-Year Highlights - For the full year, reported sales were SEK 236.7 billion, down from SEK 247.9 billion, with adjusted gross income increasing to SEK 113.9 billion despite a SEK -7.2 billion currency headwind [4][7] - The adjusted gross margin improved to 48.1%, up from 44.9%, driven by enhancements in Mobile Networks [4][7] - Net income for the year was SEK 28.7 billion, with diluted EPS of SEK 8.51, a significant increase from SEK 0.01 the previous year [4][7] Financial Position - The company generated strong free cash flow, with SEK 14.9 billion before M&A in Q4 and SEK 26.8 billion for the full year, resulting in a cash flow to net sales ratio of 11.3% [4][7] - Net cash at the end of 2025 was SEK 61.2 billion, a substantial increase from SEK 37.8 billion the previous year [4][7] - The Board proposed an increased dividend of SEK 3.00 per share and a share buyback program of SEK 15 billion [4][5]

Summary of Conference Call Records Company: ZTE Corporation Key Points - ZTE Corporation's self-developed chip capabilities are gaining market attention, with the company possessing the ability to develop core chips such as CPUs, switching chips, inter-card connection chips, and DPUs [1] - In 2026, multiple product iterations are expected to be launched, highlighting ZTE Micro's undervalued core competitiveness [1] - ZTE Micro's chip self-development capabilities are notable, with anticipated releases including a 51.2T switching chip and a 51.2T inter-card connection chip [1][1] - The company's CPU, the Summit chip, is expanding its market share among operators and has achieved mass application with major clients, which is significant [1] - ZTE is also focusing on breakthroughs in AI, particularly in the DPU and GPU sectors [1] Company: Nubia Technology Key Points - Nubia's smartphone division is enhancing its influence with flagship releases such as the Red Magic 11 Pro series and Nubia Z80 Ultra, integrating AI capabilities deeply with the Doubao model [2] - The company has launched the M153, further collaborating with Doubao to incorporate the Doubao mobile assistant, indicating a strong outlook for Nubia in the AI smartphone sector [2] - In the server domain, Nubia is experiencing high growth driven by breakthroughs with internet giants, with computing revenue increasing by 180% year-on-year, accounting for 25% of total revenue [2] - Server and storage revenue grew by 250% year-on-year, while data center product revenue increased by 120% [2] - Nubia's intelligent computing servers have entered the core business scenarios of major domestic internet and financial companies, including Alibaba, Tencent, ByteDance, Baidu, JD.com, Meituan, and Kuaishou [2] - The company is fully integrating AI and expanding its "connection + computing" strategy, with promising developments in the computing + AI terminal field [2] - Nubia is investing in AI direction, building a core competitiveness in "chips + complete machines + modular R&D + AI" [2][3] Additional Insights - Nubia is positioning itself as a rare leading enterprise in the computing field, spanning across "chips," "connectivity," and "terminals," which enhances its market competitiveness [5] - The introduction of intelligent computing supernode systems aims to support the creation of highly efficient large-scale intelligent computing clusters [4]

Core Viewpoint - Nokia is set to publish its fourth-quarter and full-year 2025 financial report on 29 January 2026, with the report available on its website shortly after publication [1]. Financial Reporting - Nokia only provides a summary of its financial reports in stock exchange releases, focusing on the financial information of Nokia Group and its outlook [2]. - Detailed segment-level discussions will be available in the complete financial report hosted on Nokia's financials webpage [2]. Analyst Webcast - An analyst webcast will take place on 29 January 2026 at 11:30 a.m. Finnish time, lasting approximately 60 minutes, including a presentation and a Q&A session [5]. - Presentation slides for the webcast will be available for download on Nokia's financials webpage [5].

Crown Castle Inc. (NYSE:CCI) is one of the most favored real estate investment trusts according to Hedge Funds. On January 5, KeyBanc assigned an Overweight rating to Crown Castle Inc. (NYSE:CCI) with a price target of $120. The firm’s estimates yield more than 32% upside from the current level. Cisco (CSCO) Soars to 25-Year High on Earnings Blowout hin255/Shutterstock.com KeyBanc attributed its rating to the company becoming a pure-play tower business following the sale of its fiber/small cell segment ...

MIAMI, Fla., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Defiance ETFs today announced the launch of the Defiance Daily Target 2X Long NOK ETF (LNOK), expanding its suite of single-stock leveraged ETFs designed for active traders seeking amplified exposure to global telecommunications and networking leaders. The newest addition, LNOK, is designed for traders who seek magnified, short-term bullish exposure to Nokia Oyj (NYSE: NOK). By seeking to deliver 200% of the daily percentage change in the share price of Nokia O ...

Core Insights - China Mobile has announced the results of its backbone network project for data transmission from 2025 to 2027, with Huawei emerging as the largest winner and ZTE receiving a smaller share [1][3] Group 1: Project Overview - The project involves the procurement of 159 routers, divided into four bidding packages, with the first package selecting two winners while the other packages have one winner each [3] - The total bid amount for the project exceeds 686 million yuan (approximately 6.86 billion yuan) excluding tax [3] Group 2: Bidding Results - In Package 1, Huawei won 70% of the share with a bid of approximately 547 million yuan (excluding tax), while ZTE secured 30% with a bid of about 505 million yuan, resulting in a bid difference of over 42 million yuan [3] - Huawei also won Packages 2, 3, and 4 with bids of approximately 118.56 million yuan, 10.55 million yuan, and 31 million yuan respectively, with Package 4 being procured directly [3] - Overall, Huawei's total winning bid amount exceeds 540 million yuan, making it the largest winner in the project, while ZTE's winning amount is around 150 million yuan [3]

SANTA ROSA, Calif.--(BUSINESS WIRE)--Keysight provides advanced emulation solutions to support ground testing of 5G non-terrestrial network capabilities. ...

Core Viewpoint - AmpliTech Group has achieved O-RAN certification for its 64T64R MIMO radio platform, marking it as the first US-based company to do so, which confirms its readiness for high-capacity 5G networks in dense environments [1][2]. Group 1: Certification Details - The certification confirms that AmpliTech's radio platform meets O-RAN technical specifications for key radio interfaces and operational behaviors, identified by Certificate/Badge ID NANU26001 [2]. - The certification process was conducted at the Institute for Intelligent Networked Systems, an authorized Open Testing and Integration Centre (OTIC) [1][10]. Group 2: Importance of Certification - Open RAN architectures depend on standardized interfaces that allow interoperability among equipment from different suppliers, enhancing network operators' confidence in deploying multi-vendor networks [3]. - The certification demonstrates that AmpliTech's Massive MIMO radio aligns with O-RAN requirements commonly used in commercial and private 5G deployments [4]. Group 3: Impact on Network Performance - The certified radio supports 5G NR Band n78 (3.55–3.7 GHz) with up to 100 MHz carrier bandwidth, suitable for high-capacity 5G macro networks in densely populated areas [5]. - This technology aids large mobile network operators in expanding and modernizing existing networks while transitioning to O-RAN-based architectures [6]. - End users can expect improved data speeds, reliability, and support for advanced applications such as high-definition video and smart infrastructure [7]. Group 4: Company Overview - AmpliTech Group, Inc. designs and manufactures advanced RF and microwave signal-processing components for various applications, including 5G/6G telecom and satellite communications [11].

® WESTFORD, Mass.--(BUSINESS WIRE)--NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT), a leading provider of observability, AIOps, cybersecurity, and DDoS attack protection solutions, today announced how its 5G observability solutions give Communications Service Providers (CSPs) end-to-end visibility into 5G Standalone network slices. With 5G slicing supporting always-on high-performance services for immersive gaming, large-scale live sporting events and festivals, and mission-critical applications like remote surgery, ...