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Stock Market & Financial Investment News

News Breaks
February 25, 2013
05:07 EDTTEF, ERICEricsson seleced to provide 4G/LTE network for O2
O2, a Telefónica (TEF) brand, has selected Ericsson (ERIC) to provide an Evolved Packet Core, or EPC, the core network of the LTE system, for 100% of O2's network. In addition, Ericsson will transform 50% of its nationwide network by supplying and deploying the latest RBS 6000 multi-standard radio base stations. The end result will be a nationwide multi-standard network that supports 2G/3G/4G, giving O2 the ability to manage with data traffic growth and expand its mobile coverage. Ericsson will become O2's sole supplier of EPC in the UK and deployment has commenced. This includes Evolved Packet Gateway on the SSR 8000 Smart Services Router family and SGSN-MME on the Ericsson Blade System.
News For ERIC;TEF From The Last 14 Days
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April 16, 2014
06:20 EDTTEFTelefonica, Blackstone to form Axonix mobile-advertising venture, WSJ reports
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05:17 EDTERICEricsson announces initial five-year partnership with Mirantis
Mirantis and Ericsson entered into an initial five-year partnership to deploy Mirantis carrier-grade OpenStack software in the Ericsson cloud software platform used for telecommunications networks, internal data centers and cloud computing services that Ericsson will offer its customers. In addition to using Mirantis OpenStack for carrier-grade deployments, the Ericsson Global Services organization will deploy and integrate Mirantis OpenStack for the IT operation of mobile operators and service providers. This helps operators rationalize their IT infrastructure by delivering enterprise-grade cloud services to their users based on an open, widely supported standard. To support this initiative, Mirantis will also provide training, design and architecture assistance to Ericsson Global Services.
April 15, 2014
07:54 EDTTEFTelefonica offers to help make E-Plus replacement to ease concerns, FT says
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April 14, 2014
10:09 EDTERICEricsson falls, levels to watch
Shares are down 3.5% in a narrow range of $12.60 at the low to $12.67 at the high. At current price resistance is at $13.13, the prior day close. Support is at $12.46.
April 11, 2014
10:19 EDTERICQualcomm, Ericsson recommended by RBC Capital
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09:09 EDTERICQualcomm Ericsson recommended for near-term at RBC Capital
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April 9, 2014
05:46 EDTERICEricsson chosen as major LTE supplier by Far EasTone in Taiwan
Far EasTone, a telecommunications operator in Taiwan, has announced that it has chosen Ericsson as its major LTE supplier. Ericsson will provide hardware, software and support services, rolling out a multi-access RAN and core network for both 3G and 4G services, as well as assisting with network optimization.

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