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June 16, 2014
05:27 EDTERICEricsson signs six-year services deal with Netherlands Public Broadcasting
Netherlands Public Broadcasting, or NPO, has signed a six-year radio services contract extension with Ericsson. The contract covers six public radio stations and NPO has the option of extending the agreement. Starting in 2015, Ericsson will coordinate and manage playout for the six radio stations while prioritizing quality, continuity, efficiency and innovation. Ericsson will assume responsibility for operation and monitoring of the central playout facility and the master control room for contribution and distribution in Hilversum, the Netherlands. The services to be provided include support and coordination for production personnel as well as support, management and maintenance of systems. In addition, Ericsson will provide expertise, project management, supply chain management and systems integration. In total, NPO estimates that Ericsson will provide 50,000 hours of services annually.
News For ERIC From The Last 14 Days
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November 19, 2015
05:54 EDTERICEricsson and Inmarsat sign strategic maritime agreement
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05:38 EDTERICEricsson and Inmarsat sign strategic maritime agreement
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November 16, 2015
10:11 EDTERICHigh option volume stocks
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09:01 EDTERICOoredoo Gropu signs 5-year frame agreement with Ericsson
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05:26 EDTERICEricsson CEO says no talks with Cisco about merger or acquisition
Ericsson (ERIC) has noted the recent speculation in the press and financial markets regarding an interest by Cisco (CSCO) to acquire Ericsson. On November 9, the two companies announced a global business and technology partnership to create the networks of the future. The partnership announcement was supported by multiple agreements that include commitments to network transformation through reference architectures and joint development, systems-based management and control, a broad reseller agreement, and collaboration in key emerging market segments. President, CEO and member of the board, Hans Vestberg says: "We note that there are rumors in the market regarding an acquisition of Ericsson by Cisco possibly spurred by the recent announcement of a partnership between our two companies. The talks leading up to the partnership announcement have been ongoing for a year and there have not been any discussions whatsoever on a merger or an acquisition."
November 13, 2015
17:22 EDTERICCisco refutes report of interest in buying Ericsson, Bloomberg says
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15:46 EDTERICCisco rejects Ericsson takeover speculation, Bloomberg says
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15:21 EDTERICDagens Industri says Cisco seeking to buy Ericsson, Bloomberg reports
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07:29 EDTERICCisco results can still improve, says Wells Fargo
After Cisco (CSCO) provided weaker than expected Q2 guidance, Wells Fargo still thinks the company's results can improve in 2H15 and 2016, partly due to improvements in switching, E-rate tailwinds, and the recovery of slipped routing deals and contributions from new partnerships with Ericsson (ERIC) and Inspur. Wells keeps an Outperform rating on Cisco.

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