Telefonaktiebolaget LM Ericsson (ERIC.O) Key Developments | Reuters.com
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Telefonaktiebolaget LM Ericsson (ERIC.O)

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Latest Key Developments (Source: Significant Developments)

Vimpelcom and Ericsson enter software partnership worth over $1 bln
Monday, 13 Jun 2016 04:30am EDT 

Vimpelcom Ltd : Vimpelcom and Ericsson enter software partnership worth over USD 1 billion .Says partnership encompasses a complete overhaul of Vimpelcom's IT infrastructure across 11 countries and 12 time zones.  Full Article

Hexatronic buys Ericsson's New Zealand operations
Tuesday, 24 May 2016 01:32am EDT 

Hexatronic Group AB : Signs deal to buy Ericsson's fiber cable and duct operations in Wellington, New Zealand . Consideration is about 30 million Swedish crowns ($3.59 million) and is financed by buyer's credit from Nordea .Transaction is expected to be finalized at the beginning of July.  Full Article

Ericsson says to acquire NodePrime
Tuesday, 5 Apr 2016 03:15am EDT 

Ericsson:Says to acquire NodePrime to accelerate software defined infrastructure.Says the investment will be paid in cash, NodePrime will be integrated into Business Unit Cloud & IP.  Full Article

Ericsson to transform Bhutan Telecom billing systems
Tuesday, 22 Mar 2016 03:00am EDT 

Ericsson:Bhutan Telecom selects Ericsson as BSS transformation partner.To transform Bhutan Telecom's billing systems into a convergent environment supporting mobile, fixed line and broadband subscribers.Bhutan Telecom will migrate its subscribers onto the new platform by Q3 2016.  Full Article

Ericsson wins network order in Thailand
Friday, 18 Mar 2016 04:41am EDT 

Ericsson:Says is selected by TrueMove H to deploy LTE-Advanced, expand 4G/3G and build GSM networks in Thailand.Says the deployment will include Ericsson Radio System and small cell solutions including Radio Dot System to improve indoor app-coverage.  Full Article

Ericsson selected as hyperscale cloud and NFV partner by XL Axiata
Thursday, 25 Feb 2016 02:30am EST 

Ericsson:Has been selected as hyperscale cloud and NFV partner by XL Axiata.  Full Article

Swisscom selects Ericsson for telco cloud infrastructure and NFV of core network functions
Monday, 22 Feb 2016 07:00pm EST 

Ericsson:Swisscom selects Ericsson for telco cloud infrastructure and NFV of core network functions.To deliver a range of solutions, including Ericsson Hyperscale Datacenter System 8000, Cloud Execution Environment, Cloud SDN and Cloud Manager.  Full Article

Ericsson says launches OTT cloud service for mobile operators‍
Monday, 22 Feb 2016 04:00am EST 

Ericsson:Says launches "OTT Cloud Connect" service for mobile operators.Says ‍partners with Google to bring innovative services to users, Google is one of the first partners to get on-boarded on the OCC platform.Ericsson says Open cloud service allows mobile operators across the globe to connect to multiple OTT players‍​.  Full Article

Ericsson forms alliance with Amazon Web Services for telcos
Monday, 22 Feb 2016 03:27am EST 

Ericsson:Ericsson and Amazon's web services division (AWS) said they have agreed a deal that allows Ericsson to act as a bridge for its telecom operator customers to use public cloud services.No financial terms were disclosed.The first customer of the alliance will be Telstra, the Australian telecommunications operator.  Full Article

Ericsson and Quanta form strategic partnership
Monday, 22 Feb 2016 02:20am EST 

Ericsson:Ericsson and Quanta team up to globally industrialize the cloud.‍Ericsson and Quanta computer have formed a strategic partnership to scale design, development and manufacturing of datacenter solutions​.  Full Article

Bankruptcy filing by Brazil's Oi rattles global supply chain

SAO PAULO Brazil's biggest bankruptcy filing ever is sending shockwaves far beyond the recession-hit country's borders as operator Oi SA seeks creditor protection from global telecoms suppliers and export banks around the world.