The five-year partnership will help boost the wireless network in North America and expand the 5G network. AT&T aims to be a leader in digital transformation in the United States. For Ericsson, however, it is the largest agreement ever made
The initiative is part of the 5Growth project funded by the European Union aimed at developing 5G solutions for strategic sectors such as Industry 4.0, Transport and Energy
Return to profit for the Swedish telecom group which closes 2021 at 23 billion SEK – Driven by the sale of 5G equipment globally which offset the decline in the Chinese market
Swedish Multinational Announces Acquisition of US Company Cradlepoint for $1,1 Billion - Closing Expected by Year-End
With the collaboration of the Municipality of Turin, the first live demos of 5G services aimed at the general public will be presented today and tomorrow at Palazzo Madama and Piazza Castello: automotive, Industry 4.0, digital tourism, smart cities and drones.
Tim's commitment to the development of 5G technology continues, with projects already launched in Turin, Bari and Matera - The program launched in synergy with Ericsson a year and a half ago aims to explore innovative application areas involving Italian startups…
The Korean giant announces that after the Galaxy Note 7 ordeal, earnings for the period will be 33,3% lower than forecasts - The Swedish company also announces that "the third quarter results will be significantly weaker than expected"
The Swedish group's difficulties are well known: it regularly disappoints investors and has always been looking for a new boss since it fired Hans Vestberg in July.
According to a Swedish newspaper, the operation would be part of a plan to reduce costs by 3 billion crowns (313 million euros).
The initiative aims to create vertical services for industries enabled by the dedicated Ericsson platform in the Telecom Italia Foundry.
The Swedish telecommunications giant declares a stable turnover, at 55,3 billion crowns, but a net profit up 26%. - Sales and gross margins lower than expected have a negative effect on the stock's performance: -4,6%.
The joint venture between StMicroelectronics and Ericsson believes that the proceeds from the sale of GNSS, "together with the avoidance of personnel restructuring charges and other restructuring-related costs, will reduce cash requirements by approximately…
Heavy first quarter for Stmicroelectronics, closed with a net loss of 171 million dollars mainly due to the restructuring costs of St-Ericsson - The stock is the king of Piazza Affari: +5% in mid-morning.
The shares of the Italian-French company travel in sharp contrast on the Ftse Mib after the agreement signed by the company for the division of the St-Ericsson joint venture.
Ericsson will take over the design, development and sales of the thin and multimode LTE modem, including those in 2G, 3G and 4G multimode - Stm will instead take over the other St-Ericsson products and related business.
The CEO and chairman of the joint venture between STMicroelectronics and Ericsson has resigned effective in late March, ahead of the company's expected restructuring.
The devaluation of the joint venture with Stm weighs 8 billion crowns - The Board has in any case proposed a dividend of 2,75 crowns per share (+10%).
The company is negotiating the exit options from the joint venture with Ericsson - mid-morning the shares of Stm are in sharp contrast in Piazza Affari.
Driving the shares of the electronics group are the rumors about a new mandate entrusted to JP Morgan to find a way that by the end of the year will allow the fortunes of the unfortunate ST-Ericsson joint venture, which has always been…
"The improvement this year will be very significant," said the company's CEO Carlo Bozotti, who expects the reorganization of the ST-Ericsson jv to reduce its loss to around $140 million in the fourth quarter from around $280 million in …
