Sweden’s Ericsson reported a sharp rise in profit for the third quarter of 2025, even as overall sales declined year-on-year.
The telecom equipment major posted a net income of 11.15 billion kronor for the quarter ended September 30, a significant increase from 3.81 billion kronor in the same period last year. Earnings per share (EPS) jumped to 3.33 kronor from 1.14 kronor.
However, net sales fell to 56.24 billion kronor from 61.79 billion kronor a year earlier, reflecting slower demand in certain global markets.
In another major development, Ericsson announced a five-year strategic partnership with Vodafone to modernize the telecom operator’s networks across Europe and Egypt. Under the agreement, Ericsson will serve as the sole supplier of radio access networks (RAN) in Ireland, the Netherlands, and Portugal, and as the main supplier in Germany, Romania, and Egypt.
The collaboration will also focus on AI-driven automation and energy efficiency, reinforcing Ericsson’s leadership in next-generation network solutions.
