Telefonaktiebolaget LM Ericsson (ERICb.ST)
2 Dec 2016
** Says as previously announced, Ericsson will make significant reductions in its operations in Boras and Kumla
The following stocks may be affected by newspaper reports and other factors on Wednesday:
JOHANNESBURG Ericsson is betting that fast-growing demand for mobile Internet services in sub-Saharan Africa will also boost sales for the world's biggest mobile telecoms equipment maker, the Swedish company's regional president said.
* Shares fall as much as 7.7 pct (Adds details on market outlook, Ericsson forecasts, 5G hopes)
* "Primary addressable market to return to growth in 2018", Nokia CEO Rajeev Suri said in presentation at company's Capital Markets Day event in Barcelona
STOCKHOLM Struggling telecoms equipment maker Ericsson is looking to expand the scope of its partnership with Cisco as it hunts for ways to offset weaker growth for the industry over the next two years.
* Shares climb 3.7 percent (Adds quotes, details from investor conference)
* Johan Ericsson new CEO of Dignitana Source text for Eikon:
The following stocks may be affected by newspaper reports and other factors on Thursday:
STOCKHOLM, Nov 9 ** Industrivarden has bought 1 million Ericsson shares, Swedish FSA's insider registry showed on Wednesday.