News: Ericsson (ERICa.ST)

ERICa.ST on Stockholm Stock Exchange

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Ericsson to shut modem business, expects savings

STOCKHOLM - Ericsson, the world's top mobile network equipment market, will stop developing modems, it said on Thursday, shutting a loss-making unit it took on after joint venture partner STMicroelectronics pulled out a year ago.

Ericsson CEO says around 1,000 staff to leave as firm quits modems

STOCKHOLM - Top mobile telecoms gear maker Ericsson's decision to quit the modems business will mean around 1,000 staff will have to leave the company, its chief executive said on Thursday.

Ericsson CEO says around 1,000 staff to leave as firm quits modems

STOCKHOLM, Sept 18 - Top mobile telecoms gear maker Ericsson's decision to quit the modems business will mean around 1,000 staff will have to leave the company, its chief executive said on Thursday.

Ericsson to shut modem business, expects savings

STOCKHOLM, Sept 18 - Ericsson, the world's top mobile network equipment market, will stop developing modems, it said on Thursday, shutting a loss-making unit it took on after joint venture partner STMicroelectronics pulled out a year ago.

Russia's MTS raises Ericsson contract to over $1.5 billion

MOSCOW - Russia's biggest mobile phone operator MTS said on Friday it had increased its contract with Swedish telecom equipment supplier Ericsson to more than $1.5 billion.

UPDATE 1-Russia's MTS raises Ericsson contract to over $1.5 bln

MOSCOW, Aug 22 - Russia's biggest mobile phone operator MTS said on Friday it had increased its contract with Swedish telecom equipment supplier Ericsson to more than $1.5 billion.

CORRECTED-Russia's MTS raises contract with Ericsson to over $1.5 bln

(Corrects to specify new, not existing contract, is for $286) mln)

BRIEF-Ericsson wins network order from Vodafone Australia

Aug 20 - ERICSSON : * Vodafone Australia selects Ericsson for network evolution Link to press release: http://hugin.info/1061/R/1849858/645773.pdf

BRIEF-Ericsson: 5-yr managed services deal with Hrvatski Telekom

STOCKHOLM, Aug 18 - ERICSSON : * Hrvatski Telekom selects Ericsson for 5-year managed services contract Link to statement: http://hugin.info/1061/R/1849425/645522.pdf

BRIEF-Ericsson in optical network deal with Telstra

STOCKHOLM, Aug 18 - ERICSSON : * Telstra chooses Ericsson for its next generation optical network * The agreement includes the supply of Ericsson optical transport equipment and services as well as Ciena packet-optical platforms Link to statement: http://hugin.info/1061/R/1849326/645432.pdf

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