|Market Cap (Mil.):||kr301,656.41|
|Shares Outstanding (Mil.):||3,305.05|
* Ericsson completes acquisition of smart grid communications provider Ambient Source text for Eikon: Further company coverage:
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.
* Shares rise 2 pct (Changes slug, adds CEO comments, background, details)
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.
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.
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.
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.
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.
(Corrects to specify new, not existing contract, is for $286) mln)
Aug 20 - ERICSSON : * Vodafone Australia selects Ericsson for network evolution Link to press release: http://hugin.info/1061/R/1849858/645773.pdf
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