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Stock Market & Financial Investment News

News Breaks
February 25, 2013
05:07 EDTERIC, TEFEricsson 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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October 17, 2014
07:26 EDTTEFTelefonica axes 1.6K German jobs after E-Plus deal, WSJ says
As Telefonica gains E-Plus, the company's German division will reduce over 1.6K staff members in the country, according to The Wall Street Journal, citing a person familiar with the matter. Telefonica's German division employs 9.1K workers total at the moment. Reference Link
October 13, 2014
05:15 EDTERICFacebook, Ericsson, XL Axiata innovate to improve Indonesia network performance
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October 9, 2014
07:13 EDTERICEricsson reinstated with an Underperform at BofA/Merrill
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October 8, 2014
08:32 EDTERICIDT Corp completes sale of Fabrix Systems to Ericsson
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