Key Developments: Ericsson (ERIC.O)

ERIC.O on Nasdaq

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24 Apr 2014
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Latest Key Developments (Source: Significant Developments)

Ericsson divides Networks business unit into two
Wednesday, 23 Apr 2014 08:00pm EDT 

Ericsson:Establishes two new business units by dividing business unit Networks into two new units.The new business units are Radio and Cloud & IP.Expects the changes to enable more focus on the needs of each business while maintaining an end-to-end view on the full networks operations.The new units are estimated to be effective on July 1.Expects complete transformation to be finalized during Q3.  Full Article

Ericsson receives new order in Taiwan
Wednesday, 9 Apr 2014 03:00am EDT 

Ericsson:Says Far EasTone, telecommunications operator in Taiwan, has announced that it has chosen Ericsson as its LTE supplier.Ericsson will provide hardware, software and support services, rolling out multi-access RAN and core network for both 3G and 4G services, as well as assisting with network optimization.Agreement will see the LTE network rolled out nationwide, giving Far EasTone customers speeds of up to 150 Mbps/50 Mbps (downlink/uplink) with 20 MHz LTE frequency bandwidth for smartphone and mobile broadband use.To speed up the network rollout, 700 and 1800 MHz bands will both be supported.Deal will also see implementation of Ericsson's 4G CBS (Cell Broadcast System) which will enable Taiwanese government and consumers to avail of disaster warning services.  Full Article

Thai operator dtac launches LTE with Ericsson
Tuesday, 1 Apr 2014 08:00pm EDT 

Ericsson:Says dtac TriNet Co., Ltd, a subsidiary of Thai mobile operator dtac, has assigned long-time partner Ericsson to deploy 4G/LTE network.Says the company is the sole supplier for User Data Management, Evolved Packet Core and circuit core solutions to the customer.No financial details.  Full Article

Finnish operator DNA chooses Ericsson for 4G expansion
Monday, 31 Mar 2014 08:00pm EDT 

Ericsson:Says Finnish operator DNA has chosen Ericsson as the sole supplier for its nationwide LTE 800 MHz network.The assignment also includes improving DNA's existing 4G, 3G and 2G networks.Will deploy multi-standard RBS 6000 family of base stations and network management solutions and provide network rollout services such as installation, civil works, integration, commissioning and associated project management.Will additionally provide support for software and hardware, spare parts management services and initial tuning.No financial details.  Full Article

Ericsson to supply network and provide managed services for Telenor in Myanmar
Monday, 31 Mar 2014 02:14am EDT 

Ericsson:It has been awarded a five-year contract for multivendor managed services to support Telenor's nationwide network rollout.Ericsson's multi-standard network solution will be used in the deployment, along with 2G and 3G equipment that can be upgraded for future requirements.  Full Article

Ericsson helps Smile Communications launch 4G/LTE network in Lagos, Nigeria
Wednesday, 12 Mar 2014 08:00pm EDT 

Ericsson:Helps Smile Communications launch a 4G/LTE network in West Africa in Lagos, Nigeria.Says the parties have a three-year network deployment agreement to develop over 1,100 LTE sites across Nigeria.Provides project management, system integration, interoperability testing, network design and implementation services to the customer.  Full Article

Ericsson unit to cooperate with Save the Children
Wednesday, 12 Mar 2014 04:00am EDT 

Ericsson:Signs a partnership agreement with Save the Children for global disaster response.Says under the agreement, Ericsson's global initiative Ericsson Response will provide communications technology and use its comprehensive ICT capabilities to contribute to a better, faster response when disaster strikes.Says the initial agreement is for three years, after which it will be automatically renewed for one year at a time.Says as a stand-by partner, Ericsson Response is ready to assign staff and technical solutions as an emergency response or for non-emergency field operations.Says the organizations will also cooperate in workshops and provide training for staff and volunteers.  Full Article

Ericsson announces details on fiscal year 2013 dividend
Thursday, 6 Mar 2014 02:04am EST 

Ericsson:Says its Board of Directors proposes a dividend of 3.00 Swedish crowns per share for fiscal year 2013 and April 16 as record date for dividend.Says assuming this date will be the record day, Euroclear Sweden AB is expected to disburse dividends April 23.  Full Article

Ericsson supports Telespazio with delivery of premium HD content to viewers worldwide
Wednesday, 5 Mar 2014 07:00pm EST 

Ericsson:Says Telespazio is to deploy Ericsson's AVP 4000 system encoder for content distribution.Says the company supports Telespazio with introduction of new HD TV services within existing transponder space.Financial details were not disclosed.  Full Article

Vodafone's project spring awards Ericsson with 5 year deal
Wednesday, 26 Feb 2014 05:03am EST 

Ericsson:Awarded with five year deal as part of Vodafone's Project Spring organic investment programme.Network transformation contract includes both products and services to further enhance the Vodafone network quality and provide superior end-user performance.  Full Article

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Ericsson to split Network unit in two

STOCKHOLM - Ericsson, the world's top mobile telecom equipment maker, said on Thursday it would split its key Network unit in two as communications technology relies more on software and the Internet.

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