Key Developments: Ericsson (ERIC.O)

ERIC.O on Nasdaq

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17 Apr 2015
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Latest Key Developments (Source: Significant Developments)

Ericsson wins order from Orange Polska
Monday, 13 Apr 2015 03:00am EDT 

Ericsson:Says Orange Polska has selected Ericsson as its OSS transformation partner, signing a six-year deal whereby Ericsson will carry out the transformation and optimization of processes and information systems.Ericsson will supply Orange Polska with consulting and systems integration capabilities, as well as an operations support system (OSS) software suite.  Full Article

Bonnier Broadcasting and Ericsson collaborating on Nordic VOD service
Monday, 13 Apr 2015 02:00am EDT 

Ericsson:Bonnier Broadcasting and Ericsson collaborating on Nordic VOD service.The multi-year deal will see Ericsson provide a number of managed services including content management and preparation, digital rights management, subscriber management and billing and advertising insertion for multiple devices and platforms.No financial details.  Full Article

Ericsson closes acquisition of Canada-based TimelessMIND
Thursday, 9 Apr 2015 08:23am EDT 

Ericsson:Completes acquisition of TimelessMind.  Full Article

Ericsson and Opera enter into partnership to deliver marketing services to operators
Wednesday, 11 Mar 2015 08:00pm EDT 

Opera Software ASA:Ericsson and Opera enter into partnership to deliver marketing services to operators.Collaboration will enable new monetization and network services that include the launch of Opera‚Äôs Rocket Marketer.  Full Article

Ericsson to cut 2,200 positions in Sweden, targets savings of SEK 9 bln
Tuesday, 10 Mar 2015 08:00pm EDT 

Ericsson:Announces next step in global cost and efficiency program.Says 2015 activities will mainly target structural improvements in research and development, service delivery and supply globally.Says includes both headcount reductions as well as savings in external costs across operations globally ericsson continues to execute on strategy to excel in core areas.Says is announcing that 2,200 positions in Sweden, mainly in research and development and supply, are subject to notice.Says there will also be efficiencies in sales, general and administration, as well as reductions in external cost, for example related to number of consultants and consolidation of it portfolio.Says program targets savings of about 9 billion Swedish crowns with full effect during 2017.Says as previously communicated, annual restructuring normally generates charges of about 2 billion crowns.Says in addition, cost and efficiency program will generate about 3-4 billion crowns in restructuring charges in 2015-2017.  Full Article

Ericsson and Cleversafe sign global partnership agreement to bring next generation secure cloud storage solution to telecom operators
Wednesday, 4 Mar 2015 09:05am EST 

Ericsson and Cleversafe:Signs global partnership agreement to bring next generation secure cloud storage solution to telecom operators.Cleversafe says its new partnership with Ericsson as the data storage platform provider for the new Ericsson Secure Cloud Storage solution.Collaboration with Ericsson will provide the industry's most secure, scalable and reliable cloud storage solution with a unified user experience, enabling high efficiency in day-to-day operations.  Full Article

Ericsson and Telefonica extend co-operation on network virtualization
Tuesday, 3 Mar 2015 07:00pm EST 

Ericsson:Says the company and Telefonica extend co-operation for network virtualization extending an agreement originally made in 2013.Ericsson to provide network functions virtualization (NFV), management and services.  Full Article

Bharti Airtel Ltd and Ericsson extend services deal
Tuesday, 3 Mar 2015 05:50am EST 

Bharti Airtel Ltd:Says it has renewed its existing agreement with Ericsson.  Full Article

Ericsson wins managed services contract for Orange operations in five European countries
Tuesday, 3 Mar 2015 05:00am EST 

Ericsson:Ericsson selected as managed services partner for Orange operations in five European countries.Says to manage operations and maintenance for Orange networks in Belgium, Moldova, Romania, Slovakia, and Spain.Five-year contract includes network operation, network performance and optimization, network expansion, field services, and spare parts management.  Full Article

Idea Cellular selects Ericsson to roll out 3G services in Delhi
Monday, 2 Mar 2015 04:01am EST 

Ericsson:Idea Cellular selects Ericsson to roll out 3G services in Delhi.Ericsson to improve mobile broadband experience for India's Idea Cellular customers in Delhi.Contract is for 3 years.The new network deployment started in December 2014 and is expected to be completed in 2017.  Full Article

RPT-Nokia-Alcatel deal may force Ericsson to expand fixed line range

STOCKHOLM, April 15 - Sweden's Ericsson , the world's biggest maker of mobile telecoms equipment, will probably have to expand its range of fixed line products to defend its turf following Nokia's purchase of Alcatel-Lucent.

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