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Telefonaktiebolaget LM Ericsson (ERICa.ST)

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Latest Key Developments (Source: Significant Developments)

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

Ericsson says wins 3 years services contract with Vodafone India
Thursday, 18 Feb 2016 05:00am EST 

Ericsson:Says Vodafone India selects Ericsson to manage optical fiber network.Says three-year managed services contract covers operation and maintenance of the optical fiber cable network.Says to manage 10 telecom circles in East and West India, spanning a distance of about 45,000 kilometers.  Full Article

Ericsson , Telefonica sign MoU to develop 5G
Wednesday, 17 Feb 2016 06:04am EST 

Ericsson:Says Ericsson and Telefónica partner for 5g.Companies have signed a Memorandum of Understanding for the development of 5G technologies, products and services.  Full Article

Ericsson wins 4G network order in India
Wednesday, 17 Feb 2016 02:00am EST 

Ericsson:Ericsson selected by Idea Cellular for 4G rollout and network transformation.  Full Article

Ericsson establishes industry patent licensing platform for IoT
Wednesday, 3 Feb 2016 09:00am EST 

Ericsson:Announces initiative to accelerate the development of Internet of Things (IoT).Intends to establish a platform for licensing of standardized technology to device manufacturers, spanning from autonomous cars to irrigation sensors.Says the platform, operated by an independent company, will adopt a revenue sharing model for contributing companies and receive a mandate to license on behalf of the joining patent holders, aiming to simplify access to standardized technology.  Full Article

CLX Communications and Ericsson sign global licensing agreement to provide mobile operators with SMS software solutions
Monday, 25 Jan 2016 02:00am EST 

Ericsson:Says the company and CLX Communications' operator division, Symsoft, have signed a global licensing agreement where Ericsson will license Symsoft SMS Software Solutions to mobile network operators.Says the company has signed a global licensing agreement with Symsoft, operator division of CLX Communications, to help mobile operators make the most of the success of text messaging (SMS).  Full Article

Ericsson and Huawei extend global patent cross license agreement
Thursday, 14 Jan 2016 01:31am EST 

Ericsson:Says ‍renewed cross license agreement (including GSM, UMTS and LTE cellular standards​).Says the company and Huawei have agreed on extending their global patent license agreement between the two companies.Huawei will make on-going royalty payment based upon actual sales to Ericsson from 2016 and onwards.Further details of the agreement are confidential.  Full Article

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Ericsson ousts CEO as investors lose patience over returns

STOCKHOLM Swedish mobile telecoms gear maker Ericsson jettisoned its chief executive Hans Vestberg on Monday after pressure from major shareholders unhappy with its results. | Video