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News Breaks
March 31, 2014
05:29 EDTERICEricsson named network supplier, managed service provider for Telenor in Myanmar
Ericsson announced that it has been awarded a 5-year contract for multivendor managed services to support Telenor's nationwide network rollout. Telenor's network in Myanmar is expected to cover 90% of the country's population of more than 60M in five years. It will be a multi-standard network comprising 2G and 3G to provide customers with both excellent voice quality and high-speed data connectivity. The multi-standard network combines GSM/EDGE, WCDMA/HSPA, LTE, IP-based transport systems and its common Operations Support Systems in a fully optimized RAN. This provides flexibility for the network to be tailored to the traffic profile in different parts of the country, and to integrate new spectrum bands as they become available. In preparation for the network deployment, Ericsson announced that local hiring will continue over the next few months, and that investments in training and development have taken place over recent months for those already on board. In addition, Ericsson will be drawing on specialist expertise from similar deployments elsewhere in the world.
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October 24, 2014
16:18 EDTERICEricsson trades down 2.9% following Q3 earnings report
Before the open this morning, Ericsson reported Q3 non-IFRS EPS SEK 1.11 vs. SEK 1.31 last year. The company reported Q3 revenue SEK 57.6B vs. SEK 53.0B last year. Shares ended the day down 2.9% to $11.47.
October 23, 2014
06:05 EDTERICApple defeats GPNE civil patent suit, Re/code reports
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October 13, 2014
05:15 EDTERICFacebook, Ericsson, XL Axiata innovate to improve Indonesia network performance
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