Key Developments: Ericsson (ERICa.ST)

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Latest Key Developments (Source: Significant Developments)

Ericsson and TruePosition settled an antitrust litigation
Thursday, 31 Jul 2014 09:04am EDT 

Ericsson:Says has settled an antitrust litigation with TruePosition Inc.Says TruePosition has withdrawn any allegations of wrongdoing against Ericsson.  Full Article

Ericsson to deliver fixed wireless and satellite ground services for Australia's NBN Co
Wednesday, 30 Jul 2014 03:00am EDT 

Ericsson:To deliver fixed wireless and satellite service across regional and rural Australia.Says new agreement with Australia's National Broadband Network Company (NBN Co) has been signed to continue existing fixed wireless managed service to 2018.Says the partnership has been expanded to include operation of the ground component of the Long Term Satellite Solution (LTSS) and customer service activation.  Full Article

Ericsson and Nokia unit receive order from KT-SIX
Monday, 14 Jul 2014 02:21am EDT 

Ericsson:Says it received an order together with Nokia Oyj unit Nokia Networks for an upgrade of LTE from the mobile operator KT from South Korea-SIX.The order concerns a Cooperative Multi-Point solution.The financial details were not disclosed.  Full Article

Ericsson opens fourth Global Network Operations Center site in
Tuesday, 8 Jul 2014 07:16pm EDT 

Ericsson:Swedish Ericsson expanded its Global Service Center in India by opening a fourth Global Network Operations Center site in Kolkata, which will help the company meet growing customer already has Global Network Operations Center sites in Noida, Gurgaon and Bangalore.  Full Article

Ericsson signs seven-year managed services contract with Romanian Romtelecom and Cosmote
Tuesday, 1 Jul 2014 04:00am EDT 

Ericsson:Signs a seven-year managed services agreement with Romanian operators Romtelecom and Cosmote, both subsidiaries of OTE, the Hellenic Telecommunications Organization, Group of companies.Ericsson will manage the operators' wireline and wireless networks in Romania.The agreement extends Ericsson's footprint in managed services in Romania, with a new agreement with Cosmote Romania and an extension of the partnership with Romtelecom.Ericsson will assume responsibility for network operations and maintenance of wireline and wireless access, transmission, core and IP domains, as well as network operations for operations support systems, for Romtelecom and Cosmote Romania.Around 730 employees will join Ericsson's Global Services organization.  Full Article

Public radio signs service deal with Ericsson
Monday, 16 Jun 2014 04:00am EDT 

Ericsson:Six-year radio services contract extension signed with public radio Netherlands Public Broadcasting (NPO).Contract covers six public radio stations and NPO has option of extension.Ericsson is to coordinate and manage playout for six radio stations.  Full Article

Ericsson enables Taiwan's FarEasTone to launch commercial LTE service on APT700 band
Wednesday, 4 Jun 2014 08:00pm EDT 

Ericsson:Says Taiwan's FarEasTone Telecommunications launches a commercial LTE service on the APT700 band, based on technologies provided by Ericsson.APT700 band is a globally standardized band for LTE and has the potential to serve over 2.1 billion people.  Full Article

Romtelecom and Cosmote Rumanien in talks with Ericsson on outsourcing network operations-SIX
Tuesday, 3 Jun 2014 08:14am EDT 

Ericsson:Romtelecom and Cosmote Romania in talks with Ericsson to outsource their network operations, according to local news provider over 700 employees will be affected by this decision.The employees will be transferred to Ericsson if the parties sign an agreement.No financial details.  Full Article

Ericsson provides billing solution to T-Mobile
Monday, 2 Jun 2014 08:01am EDT 

Ericsson:Wins a contract with T-Mobile to improve its business and IT billing processes.Delivers managed services solution for Service Agility, including unified charging, billing, order management, product catalog and CRM.No financial details.  Full Article

Ericsson to provide integrated Policy and Charging solution to Taiwan Mobile
Monday, 2 Jun 2014 03:00am EDT 

Ericsson:Says has won a deal to provide an integrated Policy and Charging solution to Taiwan Mobile.Taiwan Mobile will implement Ericsson's Charging System and Service-Aware Policy Controller for its post-paid LTE subscribers.No financial details.Taiwan Mobile is one of the largest operators in Taiwan, offering mobile, fixed line, cable TV and broadband services.  Full Article


Ericsson to shut modem business, 1,000 jobs to go

STOCKHOLM - Ericsson, the world's biggest mobile network equipment maker, is winding down its modem business, shutting a loss-making unit with the departure of about 1,000 staff.

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