Ericsson expects a $1.1B noncash impairment charge in Q2 for its 2022 purchase of cloud communications company Vonage, after a $2.9B impairment charge in 2023
Sabela Ojea / Wall Street Journal :
AT&T chooses Ericsson to modernize its wireless network with an architecture utilizing open standards, a ~$14B project over five years; ERICB closes up 6.08%
Huawei and Ericsson renew a multiyear global patent cross-licensing deal for 5G and other tech; Huawei owns 20% of global 5G patents, the most of any company
Eri Sugiura / Financial Times :
Huawei and Ericsson renew a multiyear global patent cross-licensing deal for 5G and other technologies; Huawei owns 20% of global 5G patents
Agreement gives Chinese group a boost after being subject to bans in Europe and the US — Huawei has sealed a multiyear patent cross-licensing deal …
BT partners with Ericsson to offer private 5G networks to companies in the UK, the first service of its kind
Anna Gross / Financial Times :
Ericsson acquires Cradlepoint, a wireless wide area network gear maker, for $1.1B
Bevin Fletcher / FierceWireless :
T-Mobile signs a $3.5B multiyear supplier deal with Ericsson for 5G equipment, following another $3.5B deal T-Mobile signed with Nokia in late July
T-Mobile means business when it comes to 5G. — The nation's third-largest wireless carrier said Tuesday that it has signed a $3.5 billion …
Verizon restructures into three units, hires former Ericsson CEO Hans Vestberg to lead network and technology group
Verizon ‘fights to retain share,’ but wireline … Ina Fried / Axios : Former Ericsson CEO Hans Vestberg joining Verizon Rick Whiting / CRN : Verizon Creates New Corporate Operating Structure, Hires For...
Verizon restructures into three units, hires former Ericsson CEO Hans Vestberg to lead network and technology group
Verizon ‘fights to retain share,’ but wireline … Diana Goovaerts / Wireless Week : Verizon Shakes Up Structure, Hires Former Ericsson Head Vestberg Ina Fried / Axios : Former Ericsson CEO Hans Vestber...