Telefonaktiebolaget LM Ericsson (ERIC.OQ)
22 Jun 2018
* Newer 5G business could create 36 pct more revs for telcos by 2026-Ericsson
Verizon Communications Inc named Chief Technology Officer Hans Vestberg as its new CEO on Friday, surprising analysts and signaling the largest U.S. wireless company's priority is building the next-generation 5G network, not expanding further into media content. | Video
June 8 Verizon Communications Inc named Chief Technology Officer and former Ericsson boss Hans Vestberg as its new Chief Executive on Friday, saying he will replace current CEO Lowell McAdam on Aug. 1.
MUMBAI, May 30 An Indian appeals tribunal on Wednesday put on hold insolvency proceedings against Reliance Communications (RCom), after the debt-laden Indian telecom carrier reached a settlement with Swedish telecom gearmaker Ericsson.
A federal appeals court on Tuesday gutted a patent owned by licensing company Intellectual Ventures, handing a win to Swedish telecom equipment maker Ericsson.
NEW DELHI, May 29 India's bankruptcy appeals court delayed a hearing of Reliance Communications' (RCom) plea seeking to overturn insolvency proceedings against the company to Wednesday.
MUMBAI Reliance Communications said it was in advanced talks with Ericsson to resolve "commercial issues", after two sources indicated it was currently uncertain if the firms' discussions over dues would lead to an out-of-court settlement.
* Bankruptcy court ordered insolvency resolution against RCom
MUMBAI, May 18 Embattled telecoms firm Reliance Communications is in talks with Ericsson to reach a settlement outside of bankruptcy court over unpaid service dues, but a deal with the Swedish gearmaker looks unlikely for now, two sources said.
MUMBAI, May 15 India's bankruptcy court on Tuesday admitted an insolvency plea filed by Sweden's Ericsson against Reliance Communications, potentially delaying the Indian firm's plans to sell assets to lighten its debt load.
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