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Stock Market & Financial Investment News

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March 20, 2013
17:15 EDTERICEricsson issued an injunction by NY State Supreme Court in Airvana case
The New York State Supreme Court has issued a preliminary injunction barring Ericsson, Ericsson AB or any party in privity with Ericsson from using, operating, testing or deploying certain Airvana-based EV-DO hardware unless it is executing software that is licensed from Airvana. The Court determined that all of the EV-DO products marketed and sold by Ericsson that were the subject of the preliminary injunction motion were "based on Airvana hardware design". The Court will also conduct a separate, related hearing in April on a second preliminary injunction motion filed by Airvana against Ericsson relating to the Digital Baseband Advanced product marketed and sold by Ericsson. In the second preliminary injunction motion, Airvana seeks the same relief ordered by the Court in yesterday's decision.
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August 22, 2014
06:46 EDTERICEricsson contract with MTS upped to exceed $1.5B, Reuters says
Russia's MTS said that it had raised the value of its contract with Ericsson to exceed $1.5B, reported Reuters. MTS noted that it agreed to an extra $286M contract with the Swedish company for the broadening and modernization of its 2G, 3G and LTE networks throughout Russia. Reference Link
August 20, 2014
05:20 EDTERICEricsson to upgrade Vodafone Australia network
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August 18, 2014
06:39 EDTERICHrvatski Telekom selects Ericsson for 5-year managed services contract
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