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Stock Market & Financial Investment News

News Breaks
April 1, 2014
05:43 EDTERICEricsson signs deal with DNA in Finland for 4G LTE expansion
Finnish telecom company DNA has signed a deal with Ericsson to supply a new, nationwide LTE 800 MHz network and to improve existing 4G, 3G and 2G networks. Ericsson is deploying the latest multi-standard RBS 6000 family of base stations and network management solutions. Alongside the products, Ericsson will provide network rollout services such as installation, civil works, integration, commissioning and associated project management. In addition, Ericsson will provide support for software and hardware, spare parts management services and initial tuning.
News For ERIC From The Last 14 Days
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September 1, 2015
07:55 EDTERICSeveral telecom equipment stocks attractive after pullback, says Bernstein
Bernstein says that Ericsson (ERIC), Nokia (NOK), and Alcatel-Lucent (ALU) have fallen about 10% recently, even though all three have "limited exposure" to China, according to the firm. The firm adds that all three are defensive in relation to macro economic growth. It keeps Outperform ratings on all three names.
August 31, 2015
11:03 EDTERICEricsson signs OSSii license agreements with Cisco and Tektronix
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August 27, 2015
05:37 EDTERICEricsson renews playout services contract with ITV
Ericsson announced that it has renewed its playout services contract with ITV, the UK's leading commercial television network. The contract, which has been extended until 2024, will see Ericsson continue to provide playout services for ITV's portfolio of channels including ITV, ITV2, ITV3, ITV4, ITV HD and CITV and their associated regional variants as well as ITV's newest TV channels, ITV Encore and ITVBe. As part of the contract, Ericsson has designed, built and integrated a state-of-the-art scalable simulcast platform for ITV. The modular infrastructure will allow ITV the flexibility to deliver new services and launch existing services onto new platforms, easily and with a high level of resilience.

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