AT&T to Buy Up to $14 Billion of Ericsson Equipment. It's a Blow for Nokia.
AT&T has reached a deal to buy network equipment from Ericsson over five years. ADRs of rival Nokia are falling.
Nokia Shares Slide After AT&T Taps Ericsson in Network Deal
AT&T Inc.'s choice of Ericsson AB to modernize its US wireless network sent shares of Nokia Oyj. as much as 10% lower on Tuesday.
Nokia plunges to three-year low after losing major AT&T deal to rival Ericsson
AT&T spend could near $14 billion over its five-year contract with Ericsson, as they deploy an open-radio access network in the U.S., the companies said.
Ericsson shares rally on AT&T network deal, Nokia drops
Ericsson shares rallied in early trading on Tuesday after AT&T chose the Swedish telecoms equipment maker over Finnish rival Nokia to build a network under a five-year deal that could see spending ...
AT&T could spend almost $14 billion through new open-network collaboration with Ericsson
AT&T Inc. T, -0.60% said Monday afternoon that it will collaborate with Ericsson to build “a more robust ecosystem of network infrastructure providers and suppliers” in the U.S. The company estimat...
AT&T Signs $14 Billion Supply Deal With Ericsson
The telecom giant's move would replace existing equipment from Nokia in many locations.
AT&T chooses Ericsson for new US telecom network, will drop Nokia
AT&T said on Monday it chose Ericsson to build a telecom network that uses only so-called ORAN technology and which will cover 70% of its wireless traffic in the United States by late 2026, marking...
Intel Scores a Manufacturing Win With Ericsson Networking Chips
Intel and Ericsson have a deal in place to manufacture future 5G chips on the Intel 18A process. Ericsson's latest family of radio-access network chips will use the Intel 4 process, which until now...
Ericsson (ERIC) Declines More Than Market: Some Information for Investors
In the most recent trading session, Ericsson (ERIC) closed at $4.94, indicating a -0.6% shift from the previous trading day.
Ericsson (ERIC) Boosts Cloud RAN Portfolio With Advanced Features
Ericsson (ERIC) collaborated with Red HAT to expand the capability of the Ericsson Cloud RAN solution and make it compatible with any cloud native environment.
Ericsson's (ERIC) Q3 Earnings Match Estimates, Revenues Fall
Ericsson (ERIC) reports lower revenues year over year for the third quarter of 2023 due to declining trends in the Networks vertical.
Why Is Ericsson (ERIC) Stock Down 4% Today?
Ericsson (NASDAQ: ERIC ) stock is sliding lower on Tuesday after the telecommunications company released its earnings report for the third quarter of 2023. The reason ERIC stock is slipping today i...
Ericsson CEO: U.S. demand down almost 50%
Börje Ekholm, CEO of Ericsson, discusses third-quarter earnings and explains the company's strategy behind its acquisition of communications company, Vonage.
Ericsson Curtails Guidance Amid an Uncertain 2024. The Stock Tumbles and Nokia Falls Too.
Ericsson's decision not to offer any guidance beyond the fourth quarter, citing market uncertainty, is spooking telecom investors.
Ericsson shares drop on profit warning as NetScout stock slides on outlook cut
Tempest Therapeutics TPST, +85.16%, whose stock has gained 2710% over the last five days, saw its stock rise by 8% in premarket trade.
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