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Stock Market & Financial Investment News

News Breaks
June 2, 2014
08:08 EDTTMUS, ERICEricsson wins contract with T-Mobile
Ericsson (ERIC) has won a contract with T-Mobile (TMUS) to improve its business and IT billing processes to drive growth and market differentiation. The update will include all branded T-Mobile and MetroPCS customers with a long-term managed services agreement for Service Agility based on Ericsson's pre-integrated OSS/BSS software suite. As part of this contract, Ericsson will leverage its Service Agility solution, which includes charging, billing, order management, product catalog and Customer Relationship Management. Ericsson will integrate and manage operations of the solution.
News For TMUS;ERIC From The Last 14 Days
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May 27, 2015
14:28 EDTERICJuniper, Ciena unlikely to be acquired by Ericsson, says Citigroup
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11:46 EDTERICRaymond James doubts Ericsson will buy Juniper or Ciena
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10:01 EDTTMUSOn The Fly: Analyst Downgrade Summary
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07:55 EDTERICEricsson willing to respond to rivals' merger with deal, Bloomberg reports
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06:28 EDTTMUST-Mobile downgraded to Neutral from Outperform at Macquarie
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May 26, 2015
18:15 EDTERICEricsson in talks with Reliance to expand Indian operations, Times of India says
Ericsson is in talks with Reliance Jio to offer an "entire range of... products and services" in India as LTE penetration increases across the country, the Times of India reported earlier, citing Ericsson's India chief Chris Houghton. The report notes that the partnership is likely to emphasize smartphone TV streaming technology. Reference Link
May 22, 2015
15:01 EDTERICWi-LAN says Ericsson granted motion for summary judgment on three patents
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May 21, 2015
06:55 EDTTMUSDeutsche Telekom CEO says will consider T-Mobile partner, Reuters reports
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May 19, 2015
07:36 EDTTMUSAutomakers to start V2V car rollouts with spectrum at a premium, WSJ says
General Motors' (GM) upcoming Cadillac CTS is the only car firmly scheduled to launch in the U.S. with vehicle-to-vehicle communications, or V2V, but the industry has promised that V2V will revolutionize safety and Cisco (CSCO) joined automakers earlier this month to brief the FCC on plans to test airwave sharing soon, said The Wall Street Journal. However, cable and telecom companies are pressuring carmakers to give up a part of the airwaves marked for V2V to be available for broader use, the report added. Publicly traded automakers include Fiat Chrysler (FCAU), Ford (F), Honda (HMC), Toyota (TM) and Volkswagen (VLKAY), while cable and telecom companies include Verizon (VZ), AT&T (T), Sprint (S), T-Mobile (TMUS), Comcast (CMCSA), Time Warner Cable (TWC) and Charter (CHTR). Reference Link
May 18, 2015
07:27 EDTTMUSJPMorgan to hold a conference
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May 15, 2015
17:15 EDTTMUSPaulson & Co. gives quarterly update on stakes
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May 14, 2015
10:33 EDTTMUST-Mobile expects ARPU to become tailwind in Q2 after trough last quarter
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10:31 EDTTMUST-Mobile says porting ratio vs. Sprint is approaching 3.0
In regards to LTE competition and sustainability, T-Mobile said it is in a leadership position where it really matters. Backs operating free cash flow and EBITDA guidance. Reports 11M MetroPCS subscribers. Comments taken from MoffettNathanson Media & Communications Summit.
06:06 EDTTMUSDISH plans to enter wireless business, Yahoo reports
DISH (DISH) plans to enter the wireless business in an attempt to become the only provider to offer wireless voice, video and data services, Adam Samson of Yahoo Finance reports, citing an internal document. The document, marked confidential, obtained by Yahoo indicates Dish is looking to hire a chief marketing officer to help guide its move into the wireless space, Samson adds. The move comes after DISH acquired nearly half of the spectrum licenses offered in a U.S. government auction. The top U.S. wireless providers are Verizon (VZ), AT&T (T), T-Mobile (TMUS) and Sprint (S). Reference Link
May 13, 2015
07:16 EDTTMUSMoffett Nathanson to hold a summit
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