Ericsson shares jump 6% as sales fall less than expected, North America returns to growth
- Ericsson shares rose 8% Friday to their highest level since September 2022. Net sales fell 7% year-on-year to 59.8 billion Swedish kronor ($5.68 billion) in the second quarter, better than the 58.3 billion kronor forecast in an LSEG poll of analysts.
- 07/12/2024
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Ericsson reports second quarter results 2024
- STOCKHOLM , July 12, 2024 /PRNewswire/ -- Strategic highlights – taking proactive action in a challenging market environment Delivering on network technology leadership strategy; externally recognized as 5G leader for 4th consecutive year. Further progress to build out Global Network Platform for network APIs; two additional partnerships in Q2.
- 07/12/2024
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Ericsson posts $1bn quarterly loss on Vonage write down
- Swedish telecommunications equipment manufacturer Ericsson said Friday it had suffered a $1.0 billion quarterly loss after writing down the value of its purchase of US cloud-based communications operator Vonage.
- 07/12/2024
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Ericsson (ERIC), Vodafone Team Up to Deploy 5G Antenna in Germany
- Vodafone selects Ericsson's (ERIC) cutting-edge antenna solution to accelerate network expansion across Germany.
- 07/11/2024
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Ericsson (ERIC) to Drive Digital Transformation in Thailand
- Ericsson (ERIC) unveils new initiative to revolutionize digital transformation in Thailand with its state-of-the-art 5G solutions.
- 07/05/2024
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Ericsson (ERIC) to Report SEK 11.4B Non-cash Impairment Expense
- Ericsson (ERIC) is set to record a non-cash impairment charge of SEK 11.4 billion in the second quarter of 2024, associated with the Vonage acquisition.
- 07/05/2024
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Ericsson shares fall after another $1 billion Vonage impairment charge
- Telecom equipment maker Ericsson has recorded another billion-dollar impairment charge for its acquisition of cloud communications firm Vonage in 2021, sending its shares down 2% in early trade.
- 07/04/2024
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Ericsson announces non-cash impairment charge mainly relating to Vonage
- Non-cash impairment of SEK 11.4 billion to be recorded in the second quarter 2024, relating to the impairment of intangibles mainly attributed to the Vonage acquisition Reflects lower anticipated market growth in some of Vonage's current portfolio The Ericsson strategy to build a new source of monetization for the telecom industry remains. Vonage is positioned at the center of digitalizing enterprises and society through the development of the Global Network Platform for network APIs; 12 partnerships with leading service providers have already been announced, with Singtel and Telstra added in Q2 STOCKHOLM , July 3, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces that, in accordance with IFRS accounting requirements, it will record a non-cash impairment charge of SEK 11.4 billion in the second quarter of 2024, primarily reflecting lower anticipated market growth rates in Vonage's current portfolio.
- 07/03/2024
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Ericsson to record $1.1 billion impairment charge related to Vonage acquisition
- Mobile telecoms equipment maker Ericsson said on Wednesday it will record a noncash impairment charge of 11.4 billion Swedish crowns ($1.09 billion) in the second quarter of 2024, related to its acquisition of Vonage.
- 07/03/2024
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Ericsson (ERIC), Optus Team Up to Advance 5G Capabilities
- Ericsson (ERIC) successfully demonstrates its Interference Sensing Technology on Optus' live network. The solution efficiently detects and minimizes inter-cell interference to boost network capacity and data throughput.
- 07/02/2024
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Ericsson appoints Patrick Johansson Head of Market Area Middle East & Africa
- Effective as of August, 1, 2024 Becomes member of Ericsson's Executive Team, reporting to the CEO STOCKHOLM , July 2, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the appointment of Patrick Johansson as its new Head of Market Area Middle East & Africa (MMEA) and Senior Vice President. Mr. Johansson who is currently Head of Business Control & Operations at Ericsson's Business Area Cloud Software & Services, will replace Fadi Pharaon whose decision to leave Ericsson was announced in May 2024.
- 07/02/2024
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The 3 Best 6G Stocks to Buy in July 2024
- While the 6G race is well underway, some curious investors may wonder when and how 6G technology will come. Many analysts predict the technology will begin testing between 2025 and 2028, with the first commercial applications arriving around 2030.
- 07/02/2024
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3 Dividend-Yielding Large-Cap Stocks Under $10: Nokia, Ericsson, Sirius XM
- For investors seeking value, stability, and income, dividend-yielding large-cap stocks under $10 can be an attractive option. These stocks not only offer substantial market caps but also provide solid dividend yields, making them appealing to both income-focused and value-oriented investors.
- 06/28/2024
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Vonage Positioned as a Leader in the 2024 GartnerⓇ Magic Quadrant™ for Communications Platform as a Service for the Second Year in a Row
- HOLMDEL, N.J.--(BUSINESS WIRE)--Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), has again been recognized as a Leader in the Gartner Magic Quadrant for Communications Platform as a Service (CPaaS) for Ability to Execute and Completeness of Vision. For the second consecutive year, Vonage is positioned furthest to the right on the Completeness of Vision axis in the Leaders Quadrant. A Gartner Magic Qu.
- 06/27/2024
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Vonage Positioned as a Leader in the 2024 Gartner® Magic Quadrant™ for Communications Platform as a Service for the Second Year in a Row
- HOLMDEL, N.J. , June 27, 2024 /PRNewswire/ -- Vonage , a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), has again been recognized as a Leader in the Gartner Magic Quadrant for Communications Platform as a Service (CPaaS) for Ability to Execute and Completeness of Vision.
- 06/27/2024
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Invitation to media and analyst briefing for Ericsson Q2 2024 report
- Report to be released at approximately 7:00 AM CEST on July 12, 2024 One live video webcast for analysts, investors, and journalists at 10:00 AM CEST STOCKHOLM , June 27, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second quarter 2024 will be published at approximately 7:00 AM CEST on July 12, 2024. The company will issue a press release with the complete financial report attached, including tables, in PDF format.
- 06/27/2024
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Ericsson Mobility Report: 5G driving change in service providers' FWA strategies
- 5G enabling growing numbers of FWA service providers to offer speed-based tariff plans 5G subscriptions forecast close to 5.6 billion by the end of 2029 Mobile data traffic expected to grow by 20 percent annually through the end of 2029 STOCKHOLM , June 26, 2024 /PRNewswire/ -- Fixed Wireless Access (FWA) continues to grow in strength as a 5G use case for communications service providers (CSPs) globally with a sharp increase over the past year in the number of CSPs offering the service. The details, alongside Ericsson's latest mobile industry forecasts, regional breakdowns and customer case studies, feature in the June 2024 Ericsson (NASDAQ: ERIC) Mobility Report.
- 06/26/2024
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Ericsson (ERIC) Solution to Help Optimize Energy Consumption
- Ericsson's (ERIC) Site Energy Orchestration solution is likely to be a game-changer for businesses looking to reduce energy bills and carbon footprint.
- 06/25/2024
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Ericsson (ERIC) Partners With TOMRA to Drive Circular Economy
- By integrating their cutting-edge technologies, Ericsson (ERIC) and TOMRA aim to demonstrate how waste can be monetized as a valuable resource, encouraging circularity over traditional waste disposal methods.
- 06/18/2024
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Rag to Riches: 7 5G Stocks That Could Make Patient Investors Rich
- If you're looking for 5G stocks that could make patient investors rich, consider these overlooked hidden gems. These companies are either directly involved in developing and deploying 5G technology or are poised to benefit significantly from its widespread adoption.
- 06/17/2024
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Ericsson (ERIC) to Modernize 2degrees' Microwave Network
- Ericsson (ERIC) will systematically replace and expand 2degrees' existing microwave technology with its MINI-LINK 6000 solution, ensuring a robust and efficient mobile transport network.
- 06/14/2024
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Ericsson's (ERIC) Solution to Boost Network Connectivity in Canada
- Videotron selects Ericsson's (ERIC) network solution suite to improve its digital infrastructure and deliver fast, reliable connectivity to subscribers.
- 06/11/2024
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Vonage and Telstra Partner to help Accelerate Digital Transformation with Network APIs
- By combining Telstra's network APIs with Vonage's API platform and Ericsson's 5G network capabilities, enterprises can build advanced applications that provide optimized, engaging customer experiences HOLMDEL, N.J. , June 11, 2024 /PRNewswire/ -- Vonage , a global leader in cloud communications and a part of Ericsson (NASDAQ:ERIC), today announced the signing of a Memorandum of Understanding (MOU) with Telstra, Australia's largest telco, to explore ways to accelerate digital transformation with the power of network Application Programming Interfaces (APIs).
- 06/11/2024
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Vonage and Telstra Partner to help Accelerate Digital Transformation with Network APIs
- LONDON--(BUSINESS WIRE)--Vonage, a global leader in cloud communications and a part of Ericsson (NASDAQ:ERIC), today announced the signing of a Memorandum of Understanding (MOU) with Telstra, Australia's largest telco, to explore ways to accelerate digital transformation with the power of network Application Programming Interfaces (APIs). The non-exclusive agreement introduces Telstra's network APIs to the Vonage platform, giving enterprises and developers the opportunity to leverage network ca.
- 06/11/2024
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Ericsson's (ERIC) Vonage Elevates Endress+Hauser's Client Support
- Ericsson's (ERIC) wholly owned subsidiary Vonage to enhance client support capabilities of the Swiss enterprise Endress+Hauser.
- 06/07/2024
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Endress+Hauser Chooses Vonage to Enhance Customer and Agent Experience, Increase Productivity
- Vonage Contact Center for Salesforce Service Cloud Voice Enables Automation and Intelligent Call Routing Capabilities for Personalised Customer Experience HOLMDEL, N.J. , June 6, 2024 /PRNewswire/ -- Vonage , a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), has announced that Endress+Hauser, a Swiss-based globally operating process and laboratory instrumentation and automation supplier, has chosen Vonage Contact Center for Service Cloud Voice to deliver consistent and personalised customer experience across all channels.
- 06/06/2024
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Contrarian Conquerors: 3 Stocks Triumphing Over Mainstream Market Beliefs
- Usually, it's best to heed the advice of Wall Street experts rather than attempt to trailblaze some contrarian stocks. While no one is above criticism, the reality is that analysts earned their spot as market influencers.
- 06/04/2024
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Ericsson ConsumerLab: 10 Hot Consumer Trends 2030s - the AI-Powered Future
- Ericsson polled more than 6,500 early adopters in 13 cities about possible AI scenarios in the 2030s Early adopters believe that four out of five consumers in the 2030s will use AI to make major life-altering decisions Early adopters believe that the most successful innovators of the future may be those that ignore AI advice STOCKHOLM , June 4, 2024 /PRNewswire/ -- Movies starring clones of your friends, simulating your future, personal digital assistants, and AI-driven beauty operations are some of the ways AI is expected to impact everyday life in the 2030s, according to technology early adopters polled by Ericsson (NASDAQ: ERIC). New research from Ericsson ConsumerLab called 10 Hot Consumer Trends 2030s - the AI-Powered Future, captures responses from 6,500 early adopters in 13 cities around the world regarding AI scenarios in the 2030s.
- 06/04/2024
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Ericsson says U.S. anti-corruption compliance monitoring has ended
- Sweden's Ericsson said on Monday that a four-year programme to monitor the company's compliance with a U.S. anti-corruption agreement had ended on June 2.
- 06/03/2024
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Ericsson announces conclusion of Monitorship
- Ericsson's Monitorship and Plea Agreement concluded on June 2 Follows upon certification of Ericsson's anti-corruption compliance program by independent Monitor in March 2024 Continuing to cooperate fully with DOJ and SEC investigations on historical conduct STOCKHOLM , June 3, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the conclusion of the work and term of the independent compliance Monitor appointed by the U.S Department of Justice (DOJ) in June of 2020 in connection with Ericsson's 2019 Deferred Prosecution Agreement (DPA) to resolve historical violations of the Foreign Corrupt Practices Act (FCPA). The March 2023 Plea Agreement with the DOJ that followed non-criminal breaches of the DPA has also expired as of June 2.
- 06/03/2024
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New number of shares and votes in Telefonaktiebolaget LM Ericsson
- STOCKHOLM , May 31, 2024 /PRNewswire/ -- The total number of shares in Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) as of May 31, 2024, amounts to 3,348,251,735, of which 261,755,983 are A shares and 3,086,495,752 are B shares. The total number of votes is 570,405,558.2 of which the A shares represent 261,755,983 votes and the B shares represent 308,649,575.2 votes.
- 05/31/2024
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Ericsson's Nomination Committee appointed
- STOCKHOLM , May 30, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) Nomination Committee for the Annual General Meeting 2025 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012. The Nomination Committee consists of: Johan Forssell, Investor AB; Helena Stjernholm, AB Industrivärden; Anders Oscarsson, AMF Tjänstepension & AMF Fonder; Christer Gardell, Cevian Capital; and Jan Carlson, the Chair of the Board of Directors.
- 05/30/2024
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T-Mobile Bolsters Connected Workplace with Addition of Cradlepoint
- Expanded FWA offering combines Cradlepoint 5G networking solutions and T-Mobile 5G Business Internet to offer more choice to more customers Expanded FWA offering combines Cradlepoint 5G networking solutions and T-Mobile 5G Business Internet to offer more choice to more customers
- 05/29/2024
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Ericsson (ERIC) Advances 5G Innovation for Industrial Automation
- Ericsson (ERIC) joins forces with Qualcomm and Dronus to demonstrate a 5G mmWave powered drone for autonomous inventory applications in its USA smart factory.
- 05/28/2024
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Ericsson (ERIC), Dell Team Up to Boost Network Transformation
- Ericsson (ERIC) partners with Dell to integrate their combined expertise to accelerate cloud network modernization and unlock growth opportunities for service providers.
- 05/24/2024
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Dell Technologies and Ericsson Form Strategic Partnership to Accelerate Telecom Network Cloud Transformation
- News summary Dell and Ericsson join forces to develop tailored network cloud infrastructure plans and advise communications service providers on their cloud transformation journeys Dell and Ericsson to commercially introduce Ericsson Cloud RAN software on Dell PowerEdge servers with continuous testing and lifecycle management Dell and Ericsson to provide joint services capabilities to offer network operators cohesive and integrated network infrastructure support MeriTalk and Dell study finds 96 percent of communications service providers say their network transformation strategy is lagging, which Dell and Ericsson aim to address with new partnership ROUND ROCK, Texas and STOCKHOLM, Sweden , May 23, 2024 /PRNewswire/ -- Full story Dell Technologies (NYSE: DELL) and Ericsson (NASDAQ: ERIC) announce a strategic partnership to combine their deep industry expertise with telecom software, solutions and support, to guide communications service providers (CSPs) through their radio access network (RAN) cloud transformation journeys. CSPs are looking to network cloud and operations transformation to achieve improved economics and agility, while maintaining network reliability.
- 05/23/2024
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Vonage Expands Salesforce Service Cloud Voice Offering with Einstein Integration
- One of the first contact center providers to offer full integration with AI-powered Einstein Conversation Insights to drive customer engagement HOLMDEL, N.J. , May 14, 2024 /PRNewswire/ -- Vonage , a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), has expanded its Vonage Premier for Service Cloud Voice solution to include integration with Salesforce Einstein Conversation Insights.
- 05/14/2024
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Ericsson announces change to the Executive Team
- STOCKHOLM , May 10, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces that Fadi Pharaon, Senior Vice President and Head of Market Area Middle East & Africa, has decided to leave Ericsson to pursue other opportunities. Mr. Pharaon has held his current position since 2019 but has been with Ericsson for 26 years during which time he has held several management positions within the Company.
- 05/10/2024
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Ericsson to utilize mandate to transfer shares
- STOCKHOLM , May 3, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) annual general meeting on April 3, 2024 authorized the company to, in conjunction with the delivery of vested shares under the long-term variable compensation program 2021 ("LTV 2021"), prior to the annual general meeting in 2025, retain and sell no more than 60% of the vested LTV 2021 shares of series B in the company in order to cover for the costs for withholding and paying tax and social security liabilities on behalf of the participants in relation to the performance share awards for remittance to revenue authorities. Ericsson has decided to utilize the authorization to transfer shares for these purposes.
- 05/03/2024
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Ericsson resolves on an acquisition offer for C shares for LTV I 2023
- STOCKHOLM , May 2, 2024 /PRNewswire/ -- In accordance with the resolution by the Annual General Meeting 2024, Ericsson (NASDAQ: ERIC) expands its treasury stock in order to provide shares for the Long-Term Variable Compensation Program LTV I 2023 for Ericsson's executive team. The Board of Directors of Ericsson has today resolved, by virtue of authorization given by the Annual General Meeting on April 3, 2024 (the "AGM 2024"), to direct an acquisition offer to all holders of C shares to acquire these shares.
- 05/02/2024
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Cradlepoint 5G-Optimized NetCloud SASE Secures Agile Enterprises
- Zero-trust networks deployable, at scale, in as little as 6 minutes, addresses current industry void for simplified networking and security in dynamic environments Zero-trust networks deployable, at scale, in as little as 6 minutes, addresses current industry void for simplified networking and security in dynamic environments
- 04/24/2024
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Ericsson's (ERIC) Vonage Announces Partnership With Singtel
- The integration of Ericsson's (ERIC) 5G network with Vonage's API platform and Singtel's Paragon platform is likely to aid developers in creating solutions to help enterprises overhaul their businesses.
- 04/22/2024
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Singtel Partners with Vonage to Accelerate Global Enterprise and Telco Innovation and Digital Transformation
- Partnership to drive rapid application development across multiple markets with network, edge and communications application programming interfaces (APIs) SINGAPORE–(BUSINESS WIRE)–Singtel today announced it is partnering with Vonage, a global leader in cloud communications and a part of Ericsson (NASDAQ: ERIC), to help enterprises and telcos innovate and scale their services and solutions through Singtel’s industry-leading … The post Singtel Partners with Vonage to Accelerate Global Enterprise...
- 04/19/2024
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Singtel Partners with Vonage to Accelerate Global Enterprise and Telco Innovation and Digital Transformation
- SINGAPORE--(BUSINESS WIRE)--Singtel today announced it is partnering with Vonage, a global leader in cloud communications and a part of Ericsson (NASDAQ: ERIC), to help enterprises and telcos innovate and scale their services and solutions through Singtel's industry-leading one-stop orchestration platform, Paragon. By integrating Paragon's advanced telco and edge APIs with Vonage's API platform, enterprises, telcos and developers will have access to a global ecosystem of rich communications, ne.
- 04/19/2024
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Ericsson Layoffs 2024: What to Know About the Latest Ericsson Job Cuts
- Ericsson (NASDAQ: ERIC ) layoffs are a hot topic on Thursday as reports claim that the telecommunications giant is preparing to cut jobs. According to a company spokesperson, Ericsson is going to reduce its headcount by more than 200 employees.
- 04/18/2024
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Nex-Tech Wireless partners with Ericsson to Keep Kansans Connected with innovative technologies
- PLANO, Texas , April 17, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Nex-Tech Wireless today announce a transformative 5-year network modernization initiative. This groundbreaking initiative underscores Nex-Tech Wireless's commitment to providing unparalleled connectivity solutions to communities across Kansas.
- 04/17/2024
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Ericsson Boosts Gross Margin, Sees Sales Stabilizing Later This Year
- American depositary receipts (ADRs) of Ericsson (ERIC) rose Tuesday after the Swedish telecom company posted a much better-than-expected operating profit and predicted sales would be better in the second half of the year.
- 04/16/2024
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Ericsson (ERIC) Q1 Earnings Beat Estimates, Top Line Falls Y/Y
- Ericsson (ERIC) reports a top-line contraction year over year in the first quarter of fiscal 2024 due to sluggish demand trends in the Networks vertical.
- 04/16/2024
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Palantir, AMD, Ericsson, Amazon, and Other Tech Stocks in Focus Today.
- Tech stocks appeared poised to struggle for direction early Tuesday after a sharp selloff Monday.
- 04/16/2024
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'We need to continue the journey to take out costs' at Ericsson, says CEO
- Börje Ekholm, CEO of Ericsson, discusses first-quarter results and the outlook for the telecommunications industry.
- 04/16/2024
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Telefonaktiebolaget LM Ericsson (publ) (ERIC) Q1 2024 Earnings Call Transcript
- Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC ) Q1 2024 Earnings Conference Call April 16, 2024 3:00 AM ET Company Participants Daniel Morris - Head of Investor Relations Borje Ekholm - President and Chief Executive Officer Lars Sandstrom - Senior Vice President, Chief Financial Officer Conference Call Participants Andreas Joelsson - Carnegie Francois-Xavier Bouvignies - UBS Joachim Gunell - DNB Markets Sandeep Deshpande - JPMorgan Daniel Djurberg - Handelsbanken Capital Markets Joseph Zhou - Barclays Sebastien Sztabowicz - Kepler Cheuvreux Erik Lindholm-Rojestal - SEB Felix Henriksson - Nordea Markets Sami Sarkamies - Danske Bank Richard Kramer - Arete Research Daniel Morris Hello, everyone, and welcome to today's presentation of Ericsson's First Quarter 2024 Results. With me today are Borje Ekholm, our President and CEO; and Lars Sandstrom, Chief Financial Officer.
- 04/16/2024
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Ericsson posts increase in profits as higher margins offset falling sales
- Shares of Ericsson climbed on Tuesday after the Swedish telecom group reported a mixed set of results, with higher profit margins in the first quarter of 2024 helping offset a sharp drop in sales.
- 04/16/2024
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Ericsson reports first quarter results 2024
- STOCKHOLM , April 16, 2024 /PRNewswire/ -- First quarter highlights – Driving gross margin improvements and cost efficiencies Sales declined organically[1] by -14% YoY, due to a -19% decline in Networks. Reported sales decreased to SEK 53.3 (62.6) b.
- 04/16/2024
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Ericsson's Q1 adjusted operating profit beats expectations
- Swedish telecom equipment maker Ericsson reported on Tuesday a first-quarter adjusted operating profit that beat expectations and said it expects sales to stabilize during the second half of the year if current trends persist.
- 04/16/2024
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Ericsson (ERIC) Solution to Upgrade Swisscom's Mobile Network
- Swisscom selects Ericsson's (ERIC) comprehensive solution suite to modernize its mobile network infrastructure.
- 04/15/2024
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Research: More than Half of Singapore's Organisations Experienced 1-2 hours of Weekly Downtime Due to Fixed Line/ Fibre Network Failure Over the Last 12 months
- Eighty-two percent of Singapore's organisation have had to remove/ block applications like Zoom, WhatsApp and others considered vulnerability risks from work devices for security reasons Eighty-two percent of Singapore's organisation have had to remove/ block applications like Zoom, WhatsApp and others considered vulnerability risks from work devices for security reasons
- 04/14/2024
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Ericsson's (ERIC) Vonage Boosts LEAP's Communication Portfolio
- Ericsson's (ERIC) wholly-owned subsidiary Vonage is set to deploy its Communications APIs to enhance LEAP's customer service quality and expand its customer reach worldwide.
- 04/12/2024
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Ericsson (ERIC) Stock Slides as Market Rises: Facts to Know Before You Trade
- Ericsson (ERIC) closed at $5.08 in the latest trading session, marking a -1.93% move from the prior day.
- 04/05/2024
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Investors Heavily Search Ericsson (ERIC): Here is What You Need to Know
- Recently, Zacks.com users have been paying close attention to Ericsson (ERIC). This makes it worthwhile to examine what the stock has in store.
- 04/04/2024
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Ericsson (ERIC) Subsidiary Vonage Enhances Voice Communication
- Ericsson's (ERIC) wholly-owned subsidiary Vonage launches an Enhanced Noise Cancellation solution with embedded AI to improve audio clarity and enhance customer services across contact centers.
- 03/27/2024
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Ericsson Layoffs 2024: What to Know About the Latest ERIC Job Cuts
- Ericsson layoffs (NASDAQ: ERIC ) are the talk of Wall Street today after one of the world's largest 5G network equipment providers announced it will eliminate 1,200 jobs in Sweden, citing lower sales from mobile providers. What do you need to know about ERIC job cuts lately?
- 03/25/2024
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Ericsson will cut 1,200 jobs in Sweden
- Ericsson announced on Monday that it will lay off around 1,200 employees in Sweden as the telecom company faces slowed demand for its 5G equipment.
- 03/25/2024
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Ericsson to Cut 1,200 Jobs in Sweden Due to Lower Volumes
- The Swedish telecommunications-equipment company said it expects a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious.
- 03/25/2024
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Ericsson (ERIC) Stock Falls Amid Market Uptick: What Investors Need to Know
- Ericsson (ERIC) closed at $5.49 in the latest trading session, marking a -1.26% move from the prior day.
- 03/21/2024
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Here is What to Know Beyond Why Ericsson (ERIC) is a Trending Stock
- Ericsson (ERIC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 03/21/2024
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Ericsson (ERIC) Establishes New Entity to Bolster U.S. Presence
- Through the newly formed entity, Ericsson (ERIC) will offer its cutting-edge 5G technology to boost U.S. national security and expedite digital modernization across U.S. Government agencies.
- 03/20/2024
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Ericsson (ERIC) AI Transforms Jordan's Network Performance
- Ericsson's (ERIC) Cognitive Software portfolio, renowned for its AI-driven planning and optimization solutions, is set to tackle the complexities of modern networks in Jordan.
- 03/18/2024
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Ericsson (ERIC) Ascends While Market Falls: Some Facts to Note
- In the closing of the recent trading day, Ericsson (ERIC) stood at $5.74, denoting a +1.06% change from the preceding trading day.
- 03/15/2024
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Ericsson (ERIC) Flat As Market Sinks: What You Should Know
- Ericsson (ERIC) closed at $5.69 in the latest trading session, marking no change from the prior day.
- 03/13/2024
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Ericsson (ERIC) Rises But Trails Market: What Investors Should Know
- Ericsson (ERIC) reachead $5.58 at the closing of the latest trading day, reflecting a +0.18% change compared to its last close.
- 03/07/2024
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Ericsson (ERIC) Advances While Market Declines: Some Information for Investors
- Ericsson (ERIC) closed the most recent trading day at $5.49, moving +0.18% from the previous trading session.
- 03/04/2024
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Ericsson (ERIC) Partners Turkcell to Develop 5G Network Slicing
- Ericsson (ERIC) teams up with Turkcell to develop a 5G network slicing solution to address the growing demand for varied connectivity requirements of enterprises and consumers in Turkey.
- 03/04/2024
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Is Trending Stock Ericsson (ERIC) a Buy Now?
- Ericsson (ERIC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 03/01/2024
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Ericsson (ERIC) Partners T-Mobile for Advanced 5G Connectivity
- Ericsson (ERIC) teams up with T-Mobile to enhance network connectivity and security for 5G laptops in enterprises.
- 02/29/2024
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Ericsson (ERIC) Beats Stock Market Upswing: What Investors Need to Know
- In the most recent trading session, Ericsson (ERIC) closed at $5.51, indicating a +1.66% shift from the previous trading day.
- 02/27/2024
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Ericsson (ERIC) Subsidiary Cradlepoint Launches X10 5G Router
- Ericsson (ERIC) subsidiary Cradlepoint unveils a reliable enterprise-grade 5G router to support service providers to expand their fixed wireless market reach with ease.
- 02/20/2024
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3 Hidden-Gem 5G Stocks Ready to Ride a Massive Market Wave
- Some hidden-gem 5G stocks are currently being overlooked by investors and are primed to surge in value this year. These stocks belong to companies that are either directly involved in developing and deploying 5G technology or are set to benefit significantly from its widespread adoption.
- 02/19/2024
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Ericsson (ERIC), Vodafone Team Up for 5G Deployment in Romania
- Vodafone selects Ericsson's (ERIC) industry-leading 5G portfolio to modernize its network infrastructure in Romania.
- 02/13/2024
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Ericsson (ERIC) Boosts R&D Capabilities With Key Funding
- The funds are designated to support Ericsson's (ERIC) R&D endeavors from 2023 to 2025 and will play a pivotal role in its commitment to achieving a Net Zero target by 2040.
- 01/29/2024
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Best Income Stocks to Buy for January 24th
- CM, OC and ERIC made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 24, 2023.
- 01/24/2024
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Ericsson's (ERIC) Q4 Earnings Beat Estimates, Revenues Fall
- Ericsson (ERIC) reports a top-line contraction year over year in the fourth quarter of 2023, owing to declining trends in Networks, Cloud Software and Services verticals.
- 01/23/2024
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Ericsson says infrastructure investment slump will continue to impact its sales in 2024
- Shares in Telefonaktiebolaget LM Ericsson on Tuesday fell on Tuesday after the Swedish telecoms giant said it expects the slowdown in the global mobile networks industry will continue impacting its sales in 2024.
- 01/23/2024
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Ericsson Stock Falls After Earnings. It Sees More Mobile Phone Network Issues.
- In the fourth quarter, sales in its networks unit declined 23%. Its North America segment posted a 50% sales drop
- 01/23/2024
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Ericsson sees 'further' market decline after 2023 loss
- Swedish telecoms equipment giant Ericsson warned Tuesday that it expected further market decline outside China this year after booking a sizeable loss in 2023 due to a write-down and restructuring costs.
- 01/23/2024
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Ericsson appoints Lars Sandstrom as new CFO
- Swedish telecoms equipment maker Ericsson said on Tuesday it appointed Lars Sandstrom as its new chief financial officer, replacing long-time company veteran Carl Mellander.
- 01/23/2024
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‘Downcycle not over.' Nokia, Ericsson shares tumble after downgrades at Barclays.
- Investors should pass on shares of Ericsson and Nokia, say Barclays analysts who downgraded both telecom equipment providers, citing unappealing valuations and struggling radio access networks (RAN).
- 01/19/2024
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Ericsson (ERIC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
- Ericsson (ERIC) closed the most recent trading day at $6.05, moving -0.82% from the previous trading session.
- 01/17/2024
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Ericsson CEO Börje Ekholm: We're still very early in the 5G cycle
- Börje Ekholm, CEO of Ericsson, discusses the company's $14 billion deal with AT&T, the 5G cycle, and the outlook for 6G.
- 01/16/2024
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Ericsson (ERIC) Subsidiary Cradlepoint Unveils E100 5G Router
- Ericsson's (ERIC) wholly-owned subsidiary Cradlepoint launches an advanced 5G router solution offering cutting-edge networking features with enterprise-class security for retail applications.
- 01/16/2024
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Ericsson (ERIC) Boosts Billing System for ODIDO Mobile Network
- ODIDO selects Ericsson's (ERIC) billing system to upgrade its billing Infrastructure. The system is a one-stop solution for billing, charging and convergent business operations.
- 01/12/2024
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Ericsson (ERIC) Suffers a Larger Drop Than the General Market: Key Insights
- Ericsson (ERIC) closed the most recent trading day at $6.11, moving -0.81% from the previous trading session.
- 01/09/2024
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3 Top Computer Networking Stocks to Buy for 2024
- Computer networking companies provide products for internet connectivity and networking to encompass wireless and Ethernet connections. A number of companies in the sector offer IT security products and systems related to the Internet of Things phenomenon.
- 01/01/2024
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Ericsson (ERIC) Stock Slides as Market Rises: Facts to Know Before You Trade
- The latest trading day saw Ericsson (ERIC) settling at $6.33, representing a -0.16% change from its previous close.
- 12/28/2023
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Telecom Titans: 3 Stocks Dialing Up Success in the 5G Era
- Investors seeking exposure to telecom stocks can consider focusing on individual companies that are actively involved in 5G infrastructure. Following the initial investor hype around the rollout of 5G technology, the difficult macroeconomic conditions facilitated a lower interest in this next-gen technology.
- 12/28/2023
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Ericsson (ERIC) Deploys 5G SA in Ireland to Accelerate Innovation
- Three Ireland selects Ericsson's (ERIC) portfolio to implement 5G Standalone and develop advanced applications for various industries.
- 12/26/2023
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Ericsson (ERIC) to Deploy Private 5G Networks Across Spain
- Orange Spain selects Ericsson's (ERIC) dual-mode 5G core and Local Packet Gateway solution to deploy private 5G networks for the B2B sector.
- 12/22/2023
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3 Controversial Stocks That Are About To Get Absolutely Crushed
- In the intricate tapestry of the stock market, discerning investors often spot red flags in certain stocks, signaling potential turbulence ahead. These controversial stocks, marred by complex challenges, demand a strategic and cautious approach.
- 12/13/2023
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Ericsson (ERIC) Private 5G Network Boosts CJ Logistics Yield
- Ericsson's (ERIC) private 5G network offers secure and reliable 4G and 5G connectivity through its single server dual mode core.
- 12/13/2023
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Ericsson (ERIC) Rises Higher Than Market: Key Facts
- In the most recent trading session, Ericsson (ERIC) closed at $5.72, indicating a +0.7% shift from the previous trading day.
- 12/12/2023
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Nokia Cuts Long-Term Margin Guidance. Blame AT&T and Ericsson.
- The Finnish telecom equipment maker said it was “prudent” to lower its 2026 operating margin guidance to 13%, from 14%, citing the market conditions facing its Mobile Networks business.
- 12/12/2023
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Who Will Be the AI Winners of 2024? Here Are 2 Top Contenders.
- IBM has reinvented itself to focus on cloud computing and AI, marking a significant shift from its industry-defining business model of years past. Ericsson's AI-powered platforms are redefining telecom network management, offering scalability and efficiency.
- 12/07/2023
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Ericsson (ERIC) Increases Despite Market Slip: Here's What You Need to Know
- Ericsson (ERIC) concluded the recent trading session at $5.55, signifying a +1.65% move from its prior day's close.
- 12/06/2023
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AT&T's $14 Billion Investment Sets It And Ericsson Up For Success
- AT&T Inc. strikes a deal with Telefonaktiebolaget LM Ericsson (publ) to accelerate Open Radio Access Networks, causing AT&T shares to rise and Nokia shares to drop. AT&T plans to build a telecommunications network using ORAN, covering 70% of its wireless traffic in the U.S. Ericsson stands to benefit from the deal, but its financial performance has been under pressure with declining profits and cash flows.
- 12/06/2023
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Ericsson (ERIC) to Power AT&T's Radio Access Network Deployment
- AT&T opts to leverage Ericsson's (ERIC) industry-leading wireless equipment portfolio to expedite open RAN deployment across the United States.
- 12/05/2023
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AT&T partners with Ericsson to deploy Open RAN in US
- AT&T Inc announced late Monday that it is partnering with Swedish rival Ericsson to deploy an open radio access network (Open RAN) in the US, which AT&T expects to use for 70% of its wireless network traffic by late 2026. AT&T said it is set to spend close to $14 billion over the five-year contract.
- 12/05/2023
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ERIC Stock Alert: Ericsson Just Got a Big 5G Boost
- Ericsson (NASDAQ: ERIC ) stock is trending upward today. Shares of the Sweden-based company, which makes equipment for telecom companies, are climbing after Ericsson announced that AT&T (NYSE: T ) hired the company to help it launch a new 5G network in the United States.
- 12/05/2023
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AT&T picks Ericsson over Nokia: ‘the downside risk is limited'
- Shares of Nokia Oyj (NYSE: NOK) are down 6.0% on Tuesday after the telecommunications company lost a major deal with AT&T Inc (NYSE: T). Ericsson named the new AT&T supplier AT&T has partnered with Ericsson for 5G equipment that will cater to 70% of its wireless network traffic in the U.S. by late 2026.
- 12/05/2023
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AT&T to Buy Up to $14 Billion of Ericsson Equipment. It's a Blow for Nokia.
- AT&T has reached a deal to buy network equipment from Ericsson over five years. ADRs of rival Nokia are falling.
- 12/05/2023
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Nokia Shares Slide After AT&T Taps Ericsson in Network Deal
- AT&T Inc.'s choice of Ericsson AB to modernize its US wireless network sent shares of Nokia Oyj. as much as 10% lower on Tuesday.
- 12/05/2023
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Nokia plunges to three-year low after losing major AT&T deal to rival Ericsson
- AT&T spend could near $14 billion over its five-year contract with Ericsson, as they deploy an open-radio access network in the U.S., the companies said.
- 12/05/2023
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Ericsson shares rally on AT&T network deal, Nokia drops
- Ericsson shares rallied in early trading on Tuesday after AT&T chose the Swedish telecoms equipment maker over Finnish rival Nokia to build a network under a five-year deal that could see spending reach $14 billion.
- 12/05/2023
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AT&T could spend almost $14 billion through new open-network collaboration with Ericsson
- AT&T Inc. T, -0.60% said Monday afternoon that it will collaborate with Ericsson to build “a more robust ecosystem of network infrastructure providers and suppliers” in the U.S. The company estimates its spending could near $14 billion over the five-year duration of its contract with Ericsson. AT&T said it intends to “lead the United States in commercial scale open radio access network (Open RAN) deployment,” and it plans to run 0% of its wireless network traffic through open-capable platforms by late 2026.
- 12/04/2023
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AT&T Signs $14 Billion Supply Deal With Ericsson
- The telecom giant's move would replace existing equipment from Nokia in many locations.
- 12/04/2023
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AT&T chooses Ericsson for new US telecom network, will drop Nokia
- AT&T said on Monday it chose Ericsson to build a telecom network that uses only so-called ORAN technology and which will cover 70% of its wireless traffic in the United States by late 2026, marking a milestone for the new technology.
- 12/04/2023
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Intel Scores a Manufacturing Win With Ericsson Networking Chips
- Intel and Ericsson have a deal in place to manufacture future 5G chips on the Intel 18A process. Ericsson's latest family of radio-access network chips will use the Intel 4 process, which until now was only set to be used by Intel's own Meteor Lake chips.
- 12/02/2023
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Ericsson (ERIC) Declines More Than Market: Some Information for Investors
- In the most recent trading session, Ericsson (ERIC) closed at $4.94, indicating a -0.6% shift from the previous trading day.
- 11/27/2023
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Down 16% This Year Amid A Weak Demand In The U.S., What Lies Ahead For Ericsson Stock?
- Ericsson stock (NASDAQ: ERIC) has declined by about 16% year-to-date, underperforming the broader indices.
- 11/21/2023
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Ericsson (ERIC) Boosts Cloud RAN Portfolio With Advanced Features
- Ericsson (ERIC) collaborated with Red HAT to expand the capability of the Ericsson Cloud RAN solution and make it compatible with any cloud native environment.
- 11/20/2023
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7 Dividend Stocks That Are a Recipe for Disaster
- Following the rise in interest rates, many stocks, including shares in large, well-known companies, now sport relatively high dividend yields. Yet before you decide to buy, beware of the names best left as dividend stocks to sell.
- 11/01/2023
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Ericsson's (ERIC) Q3 Earnings Match Estimates, Revenues Fall
- Ericsson (ERIC) reports lower revenues year over year for the third quarter of 2023 due to declining trends in the Networks vertical.
- 10/17/2023
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Why Is Ericsson (ERIC) Stock Down 4% Today?
- Ericsson (NASDAQ: ERIC ) stock is sliding lower on Tuesday after the telecommunications company released its earnings report for the third quarter of 2023. The reason ERIC stock is slipping today is the company's revenue of $64.5 billion.
- 10/17/2023
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Ericsson CEO: U.S. demand down almost 50%
- Börje Ekholm, CEO of Ericsson, discusses third-quarter earnings and explains the company's strategy behind its acquisition of communications company, Vonage.
- 10/17/2023
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Ericsson Curtails Guidance Amid an Uncertain 2024. The Stock Tumbles and Nokia Falls Too.
- Ericsson's decision not to offer any guidance beyond the fourth quarter, citing market uncertainty, is spooking telecom investors.
- 10/17/2023
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Ericsson shares drop on profit warning as NetScout stock slides on outlook cut
- Tempest Therapeutics TPST, +85.16%, whose stock has gained 2710% over the last five days, saw its stock rise by 8% in premarket trade.
- 10/17/2023
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Ericsson shares drop as telecom equipment maker withdraws 2024 guidance
- Shares of Ericsson fell as much as 9% in Stockholm trade as the Swedish telecommunications equipment maker withdrew its margin guidance for next year.
- 10/17/2023
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Ericsson's (ERIC) Q3 Preliminary Results Show Revenue Slowdown
- Ericsson's (ERIC) third-quarter 2023 top line is impacted by weak demand in North America and a slowdown in Vonage's core market.
- 10/12/2023
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Ericsson unveils $3 billion charge and downbeat sales outlook, and stock takes a dive
- The U.S.-listed shares ERIC, -1.96% ERIC.B, -0.71% of Ericsson accelerated to the downside in afternoon trading Wednesday, after the Sweden-based maker of telecommunications equipment said it would record a third-quarter impairment charge of 32 billion Swedish krona attributed to the Vonage acquisition. The stock down 0.6% just before the announcement, then fell as much as 3.5% to an intraday low of $4.68 after the announcement, before paring losses.
- 10/11/2023
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Q4 Stock Predictions: 7 5G Stocks Ready to Roar Into 2024
- As the rollout of 5G, or fifth-generation wireless internet continues, there are many types of 5G stocks you can buy for exposure to this advancement in wireless telecommunications technology. For scores of companies across many areas of the telecom and technology sectors, 5G represents a strong growth opportunity.
- 10/03/2023
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Ericsson Looks Like A Value Trap Unless It Can Transform Its Enterprise Operations
- Lackluster demand for 5G equipment has pressured the business throughout 2023 and the next 12-24 months aren't looking substantially better either. The company's other businesses, including CSS and Enterprise, are unlikely to offset the decline in the Networks business, though losses are shrinking in both. Ericsson may need to consider M&A to reshape the business and improve its leverage to growth opportunities in enterprise end-markets.
- 09/27/2023
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Ericsson partners with Deutsche Telekom for network APIs
- Sweden's Ericsson said on Wednesday it has partnered with Deutsche Telekom to offer software tools for developers and business customers that will allow telecom operators to get more revenue.
- 09/20/2023
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Ericsson's (ERIC) RedCap Software Unveils New 5G Use Cases
- RedCap is expected to broaden the connectivity options and expand the 5G ecosystem, generating incremental revenues for Ericsson (ERIC) in the long run.
- 09/18/2023
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Ericsson (ERIC) Designs a New Sustainable Packaging Solution
- Ericsson (ERIC) adds that these new inserts will bring down plastic content of the entire packaging to less than one percent compared with 20% earlier.
- 09/06/2023
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Ericsson (ERIC) Powers 5G SA Technology Upgrade in Denmark
- TDC NET selected Ericsson's (ERIC) dual mode 5G core solutions to upgrade 5G infrastructure in Denmark.
- 09/05/2023
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7 Up-and-Coming 5G Stocks to Put on Your Must-Buy List
- An increasingly connected world continues to demand lower latency from its devices. That demand sets up a positive situation for investors in 5G stocks.
- 09/01/2023
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Ericsson (ERIC) Routers to Help Boost M1 Network Performance
- M1 will utilize Ericsson's (ERIC) Router 6676 to improve scalability and network responsiveness with features like segment routing.
- 08/31/2023
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China's Huawei renews patent licensing deal with Ericsson
- Chinese telecoms giant Huawei said Friday it had renewed a licensing agreement with Ericsson to use each other's technologies, in a rebuff to US warnings about the risk of espionage by Beijing.
- 08/25/2023
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The 3 Most Undervalued Communications Stocks to Buy Now: August 2023
- The telecommunications industry is key to powering our digital lives. Providing consumers and businesses with not only basic access to the internet but also data servers and cloud networks.
- 08/16/2023
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Ericsson (ERIC) & TPG Team Up to Mitigate Network Disruptions
- TPG Telecom selects Ericsson's (ERIC) AI powered analytics and troubleshooting solutions to rapidly detect and resolve network issues across its coverage.
- 08/15/2023
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Looking for a Bargain? 7 Retirement Stocks to Buy That Are Down 10% in 2023
- The best bargain retirement stocks are usually those that provide dividends sustained by earnings. Unlike volatile growth stocks, these dividend-paying stocks offer reassurance, signifying a firm's commitment to returning capital to shareholders.
- 08/06/2023
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Sweden's Ericsson sued by some shareholders for $170 mln -media
- Some 37 Ericsson shareholders are suing the Swedish telecoms company for a total of 1.8 billion crowns ($170 million), business daily Dagens Industri reported on Friday.
- 08/04/2023
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7 Cheap Tech Stocks That Smart Investors Will Snap Up Now
- The growth portion of the market is on fire right now. From mega-cap tech stocks on down through more speculative names in fields such as AI, electric vehicles, and space technologies, investors are taking shots at potential big winners.
- 08/02/2023
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Will Weak Embedded Segment Hurt AMD's Q2 Earnings Growth?
- AMD's second-quarter 2023 earnings are expected to reflect sluggish demand for embedded solutions due to weakness in 5G deployment and rebalancing of inventory.
- 07/31/2023
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Is Ericsson Stock A Buy Despite Lull In North America?
- Ericsson stock (NASDAQ: ERIC) has declined by about 16% year-to-date, considerably underperforming the broader indices.
- 07/20/2023
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The 7 Most Undervalued Nasdaq Stocks to Buy Now: July 2023
- The Nasdaq is known for its high-flying growth stocks, and with good reason. But there's more to the index than just those aggressive names.
- 07/19/2023
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Ericsson cut to equal-weight by Barclays after warning
- Ericsson ERIC, -12.46% was downgraded to equal-weight from overweight by Barclays, which kept its equal-weight rating on Nokia NOK, -8.51%, following warnings from both on Friday. “We see little reason why operators will spend more before 2025E at the earliest.
- 07/17/2023
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Nokia and Ericsson ADRs Tumble on a Slowdown in Demand for Telecom Equipment
- Falling demand for telecommunications equipment impacted sales at Nokia and Ericsson, and ADRs of the two companies dropped.
- 07/14/2023
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Ericsson's (ERIC) Q2 Earnings Beat Estimates, Top Line Improves
- Ericsson's (ERIC) revenues are affected by a sales decline in North America. However, market gains in India, South East Asia and Oceania support the top line.
- 07/14/2023
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Ericsson (ERIC) Crossed Above the 200-Day Moving Average: What That Means for Investors
- Ericsson (ERIC) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ERIC crossed above the 200-day moving average, suggesting a long-term bullish trend.
- 07/14/2023
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Ericsson stock plunges as US market slows in 2Q
- Ericsson AB saw its US-listed stocks tumble on Friday after its second quarter results highlighted sluggish demand in the US. The Swedish mobile network manufacturer said it experienced a “sharp decline” in sales in the second quarter, particularly in North America, although it said this was partly offset by growth in India.
- 07/14/2023
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5 Things to Know Before Markets Open
- Shares of JPMorgan and Wells Fargo surge after reporting earnings that beat analyst expectations and U.K. regulators extend the deadline on the Microsoft-Activision merger probe. Here's what investors need to know today.
- 07/14/2023
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Ericsson and Nokia feel squeeze of interest rates hikes
- Interest rate hikes are forcing mobile operators to scale back investment in 5G networks, with equipment manufacturer Ericsson reporting Friday a rare net quarterly loss and Nokia lowering its outlook.
- 07/14/2023
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Nokia, Ericsson Stocks Are Tumbling. U.S. Telecom Companies Are Cutting Back.
- Nokia and Ericsson shares fell after both gave disappointing guidance on Friday and flagged a slowdown in North American sales.
- 07/14/2023
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Nokia and Ericsson shares tumble on profit warning, lackluster results driven by weak U.S. markets
- Shares of Nokia Oyj and Ericsson AB tumbled on Friday after the mobile device and network equipment rivals dropped a warning and some lackluster results on investors amid struggles with weak North American markets.
- 07/14/2023
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Ericsson's operating profit down in Q2 results
- Sweden's Ericsson on Tuesday reported a fall in operating profits for the second quarter of 2023, compared with the previous year.
- 07/14/2023
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Ericsson (ERIC) Partners With MediaTek to Boost Uplink Speed
- Ericsson (ERIC) collaborates with MediaTek to showcase record setting uplink speed that will support fixed wireless access users.
- 07/13/2023
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Ericsson (ERIC) Unveils Smart, Sustainable 5G Site in Texas
- The 5G site, which can potentially operate fully on solar energy for up to 24 hours, is a testament to Ericsson's (ERIC) dedication to decarbonizing the mobile network industry.
- 07/12/2023
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Ericsson (ERIC) Unveils 5G Network Slicing in Android 14 Devices
- Ericsson (ERIC) launches on-demand 5G network slicing in Android 14 devices. It will provide greater flexibility to service providers and allow them to better match user-specific network demand.
- 07/10/2023
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Ericsson (ERIC) Launches Cloud RAN Technology for Commercial 5G
- Telstra will leverage Ericsson's (ERIC) Cloud RAN technology to deploy commercial 5G networks and deliver next-generation 5G services to customers.
- 07/06/2023
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Is Ericsson (ERIC) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 07/05/2023
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Ericsson (ERIC) Set to Boost Movistar's 5G+ Launch in Spain
- Ericsson's (ERIC) advanced solutions will enable Movistar to offer an unmatched mobile experience in Spain characterized by ultra-low latency and high throughput.
- 07/05/2023
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Ericsson (ERIC) Solution Boosts Swisscom Indoor 5G Strength
- Swisscom has selected Ericsson's (ERIC) radio dot system solution to deliver high-capacity indoor 5G connectivity.
- 07/04/2023
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NASDAQ Stocks Hitting New 52-Week Lows: 4 Stocks To Watch
- While a very few are just now coming off of all-time highs (Nvidia, among others), some are recently all the way down to new 52-week lows.
- 06/26/2023
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Ericsson (ERIC) & Proptivity Pioneer Shared Indoor 5G RAN
- Ericsson (ERIC) and Proptivity have joined forces to address the connectivity challenges faced in busy public places like shopping malls.
- 06/26/2023
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Ericsson Has 43% Upside Potential Over The Next 3 Years
- Ericsson Has 43% Upside Potential Over The Next 3 Years
- 06/23/2023
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Ericsson (ERIC) Achieves Landmark With 1 Million 5G Radios
- Ericsson's (ERIC) 5G radio access technologies provide the infrastructure required to meet the growing demand for high-bandwidth low-latency connections.
- 06/15/2023
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Ericsson (ERIC) Showcases Industry First Virtualized Cloud RAN
- Ericsson (ERIC) demonstrates the industry's first virtualized cloud RAN solution, leveraging 4th Gen Intel Xeon Scalable processors with Intel vRAN Boost on HPE ProLiant DL110 servers.
- 06/14/2023
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Ericsson (ERIC) to Upgrade Vital Network Infrastructure in Poland
- PGE Group selects Ericsson's (ERIC) core and radio access network solutions, as well as network management services, to modernize communication infrastructure in the energy sector.
- 06/13/2023
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Ericsson (ERIC) Partners With Zain for Sustainable Networks
- In addition to developing energy-efficient networks, Ericsson's (ERIC) collaboration with Zain seeks to reduce carbon footprint and devise ways to reduce energy consumption.
- 06/07/2023
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Ericsson (ERIC) Partners With Intel to Augment 5G in Thailand
- Ericsson (ERIC) collaborated with Intel to accelerate seamless 5G adoption, develop various 5G applications to support enterprises and expedite digital transformation in Thailand.
- 06/05/2023
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Ericsson (ERIC) Teams Up With MediaTek to Boost 5G Upload Speed
- Ericsson (ERIC) partnered with MediaTek to demonstrate a record 5G upload speed of 440 Mbps leveraging RAN Compute Baseband 6648 and a mobile device equipped with MediaTek 5G smartphone chipset.
- 05/30/2023
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Tipster on Ericsson won SEC's largest ever whistleblower award of $279 mln -WSJ
- The record $279 million whistleblower award issued by the Securities and Exchange Commission earlier this month stemmed from a bribery case against Swedish telecommunications company Ericsson , the Wall Street Journal reported on Friday.
- 05/26/2023
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Record $279 Million Whistleblower Award Went to a Tipster on Ericsson
- The largest-ever award in the SEC's cash-for-tips program was related to a bribery case against the telecommunications company.
- 05/26/2023
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Ericsson (ERIC) to Boost DNB's Cybersecurity Applications
- Digital Nasional Berhad selected Ericsson's (ERIC) Security solution to boost the cyber defense of its 5G network with automated security management.
- 05/23/2023
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7 5G Stocks to Buy for Blazing-Fast Growth
- Fifth-generation (5G) wireless technology is igniting a digital renaissance worldwide. The sector is brimming with contenders that could potentially become juggernauts in the space.
- 05/22/2023
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The 7 Best 5G Stocks to Buy for the Next Decade
- As we march forward toward a hyperconnected future, the importance of 5G stocks is becoming increasingly evident. 5G, the fifth generation of cellular network technology, will likely revolutionize communication, offering stronger speeds, more reliable connections, and a myriad of opportunities for innovation.
- 04/24/2023
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Ericsson Stock Falls After Earnings as 5G Spending Slows
- First-quarter sales were about flat from a year ago when adjusting for acquisitions and foreign exchange.
- 04/18/2023
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Ericsson (ERIC) Q1 Earnings Beat Estimates, Revenues Surge Y/Y
- Ericsson (ERIC) witnessed a top-line expansion year over year driven by positive demand trends in emerging markets owing to its comprehensive 5G product portfolio.
- 04/18/2023
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Ericsson reports forecast-beating profit, but warns of choppy 2023
- By Dominic Chopping
- 04/18/2023
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Ericsson's quarterly core profit misses expectations
- Sweden's Ericsson on Tuesday reported first-quarter core earnings that missed expectations as telecom customers in high-margin countries such as the United States held back on spending on 5G equipment.
- 04/18/2023
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Ericsson CFO to step down at the end of Q1 2024 amid turnaround efforts
- Swedish telecom giant Telefon AB L.M. Ericsson ERIC on Monday said that Chief Financial Officer Carl Mellander will step down at the end of the first quarter of 2024 and that a recruitment process will begin to name a successor.
- 04/17/2023
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Will Top-Line Growth Aid Ericsson's (ERIC) Earnings in Q1?
- Ericsson (ERIC) is witnessing positive demand trends backed by its comprehensive 5G product portfolio. The company is expected to record higher revenues year over year.
- 04/17/2023
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Is Ericsson Stock Good Value At $6?
- Ericsson stock (NASDAQ: ERIC) has underperformed this year, remaining roughly flat year-to-date compared to the broader S&P 500 which gained about 7% over the same period.
- 04/13/2023
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Why You Should Be Keen On Ericsson At This Time
- Ericsson isn't in itself a bad business. It's probably one of my most "mixed" perspectives and stances I have on a company. There is a significant upside to Ericsson in the case of a turnaround - but history has shown the company to have significant issues - internal and fundamental.
- 04/09/2023
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Ericsson (ERIC) Deploys Advanced 5G Network Slicing in Taiwan
- Ericsson (ERIC) collaborated with Far EasTone Telecommunications (FET) and TVBS to deploy advanced 5G network slicing technology for live streaming of the Wan Jin Shi Marathon event.
- 04/06/2023
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Ericsson (ERIC), Intel Partner for Malaysia 5G Proliferation
- Ericsson (ERIC) and Intel intend to work in unison to develop 5G use cases in sectors such as manufacturing, transport and logistics.
- 04/04/2023
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Ericsson's board rebuked by shareholders at AGM for second year in a row
- Ericsson shareholders voted against discharging the CEO and most of the board members of liability for the tech company's actions during 2022 at the group's annual general meeting on Wednesday.
- 03/29/2023
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7 Strong Buy Stocks Under $10 to Snap Up Now
- Investors looking for a bargain and potential upside have strong buy stocks under $10 to consider. Investors should snap up companies that have value without sacrificing quality or growth.
- 03/23/2023
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Ericsson (ERIC) Sets Up Quantum Research Hub in Canada
- Ericsson's (ERIC) quantum research hub is likely to provide the perfect test bed for academic challenges with requisite networking competence and facilities to conduct advanced research.
- 03/21/2023
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Ericsson (ERIC) Solution to Aid UK Network Modernization
- Ericsson (ERIC) will offer its industry-leading 4G and 5G Radio Access Network (RAN) technology to Virgin Media O2 to accelerate network modernization in the United Kingdom.
- 03/16/2023
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Swedish telecom giant Ericsson hit with $206M Justice Department fine over bribery and other charges
- Ericsson, the Swedish telecom equipment producer, has agreed to plead guilty to US foreign corruption violations and pay more than $206 million over charges of bribery and falsifying records in several countries. The company allegedly violated a 2019 agreement with the Justice Department by not providing documents and information to the agency, which it needed for an investigation.
- 03/03/2023
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Ericsson stock rallies after agreement with DOJ, including guilty plea for FCPA breaches and a fine of over $200 million
- The U.S.-listed shares of Telefon AB L.M. Ericsson ERIC, +0.92% ERIC.B, +4.10% leaped 3.3% in premarket trading, after the Sweden-based communications services company disclosed that it reached an agreement with the U.S. Department of Justice (DOJ) to resolve “non-criminal breaches” of 2019 Deferred Prosecution Agreement (DPA), which the company entered into to resolve previously disclosed violations of the Foreign Corrupt Practices Act (FCPA).
- 03/03/2023
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Ericsson pleads guilty in U.S. to federal bribery violations, agrees to pay $206 million penalty
- Ericsson will pay over $200 million for a bribery scheme spanning multiple countries, after federal prosecutors said it violated a non-prosecution deal.
- 03/02/2023
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Telecom giant Ericsson says Europe's industry structure is ‘probably unsustainable'
- Swedish telecom company Ericsson warned Europe's industry structure is likely unsustainable, calling for consolidation across the region.
- 02/27/2023
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Ericsson CEO targets smaller acquisitions, talks up enterprise offering
- Ericsson's CEO says the company is still in the market for more acquisitions, albeit smaller ones, after splurging over $7 billion to buy networking company Cradlepoint and communication platform Vonage.
- 02/27/2023
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Ericsson to cut 8,500 jobs worldwide
- Telecom equipment maker Ericsson said Friday it would slash 8,500 jobs worldwide, part of a cost-cutting program as financial headwinds push operators to rein in spending.
- 02/24/2023
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2023 Layoff Tracker: Ericsson Cutting 8,500 Employees
- Twilio, Yahoo, Disney, News Corp, Zoom, eBay, Boeing and Dell have all announced major layoffs this month.
- 02/24/2023
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Ericsson to lay off 8,500 workers as part of cost-cutting plan
- It will impact roughly 8% of Ericsson's staff of 105,529 worldwide.
- 02/24/2023
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Ericsson to lay off 8,500 employees - memo
- Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, according to a memo sent to employees and seen by Reuters.
- 02/24/2023
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Ericsson Layoffs 2023: What to Know About the Latest ERIC Job Cuts
- Ericsson (NASDAQ: ERIC ) layoffs are coming to the company's Sweden offices as it looks to reduce its headcount. The big news here is the company cutting 1,400 jobs as it looks to reduce operating costs by 9 billion crowns by the end of the year.
- 02/21/2023
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Ericsson to cut 1,400 Jobs as orders slow
- The cuts are part of an effort the company announced late last year to reduce costs by 9 billion Swedish kronor, equivalent to about $861 million, by the end of 2023.
- 02/20/2023
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Ericsson to Cut 1,400 Jobs as Orders Slow
- The cuts are part of an effort the company announced late last year to reduce costs by the end of 2023 through streamlining processes, closing facilities and using fewer consultants.
- 02/20/2023
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Ericsson to cut 1,400 jobs in Sweden, sources say
- Telecom gear maker Ericsson plans to cut around 1,400 jobs in Sweden as part of a broader plan that could also result in thousands of job losses in other countries, particularly in the Americas, two sources familiar with the matter said.
- 02/20/2023
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Ericsson (ERIC) Q4 Earnings Decline, Revenues Surge Y/Y
- Despite??generating higher revenues year over year, Ericsson (ERIC) registers low fourth-quarter earnings due to uncertainties and macroeconomic headwinds.
- 01/23/2023
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Telefonaktiebolaget LM Ericsson (publ) (ERIC) Q4 2022 Earnings Call Transcript
- Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC ) Q4 2022 Earnings Conference Call January 20, 2023 3:00 AM ET Company Participants Peter Nyquist - VP and Head, IR Börje Ekholm - President and CEO Carl Mellander - SVP, CFO, and Head of Group Function Finance and Common Functions Conference Call Participants Andrew Gardiner - Citi Aleksander Peterc - Societe Generale Andreas Joelsson - Danske Sebastien Sztabowicz - Kepler Cheuvreux Terence Tsui - Morgan Stanley Börje Ekholm [abrupt start] Slowing the pace on network investments and that includes front-runner customers in many markets. We expect operators to continue to sweat the assets in response to the macroeconomic headwinds.
- 01/20/2023
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Ericsson stock falls more than 4% after earnings miss and downbeat outlook
- The U.S.-listed shares of Ericsson ERIC, -1.66% ERIC.B, -4.57% sank 4.4% toward a 10-week low in premarket trading Friday, after the Sweden-based telecommunications equipment and services company reported lower than expected earnings, and said macroeconomic headwinds are expected to continue at least through the first half of 2023. Among Ericsson's rivals, shares of Finland-based Nokia Corp. NOK, -2.09% NOKIA, -2.28% fell 1.5% ahead of Friday's open and California-based Dow Jones Industrial Average DJIA, -0.76% component Cisco Systems Inc. CSCO, -0.94% slipped less than 0.1%.
- 01/20/2023
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Ericsson Falls on Earnings. Global Growth Isn't Offsetting a U.S. Slowdown.
- The telecoms company said margins in its key network unit were being hit by reduced spending from North American customers.
- 01/20/2023
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Ericsson warns on near-term outlook as profit disappoints
- By Dominic Chopping
- 01/20/2023
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Ericsson quarterly earnings miss expectations
- Sweden's Ericsson on Friday reported fourth-quarter core earnings that missed expectations for the third quarter in a row, as sales of 5G equipment slowed in high-margin markets such as the United States.
- 01/20/2023
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Earnings Previews: Ericsson, Netflix, Regions Financial, Schlumberger
- Shortly after Wednesday's opening bell, the Dow Jones industrials traded up 0.16%, the S&P 500 was up 0.32% and the Nasdaq was 0.63% higher.
- 01/18/2023
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Europe is falling behind on 5G, Ericsson CEO says
- Ericsson CEO Börje Ekholm says that, despite big headline numbers in the EU's Covid recovery package, the 150 billion euros earmarked for 5G investment isn't going where it should.
- 01/17/2023
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Ericsson (ERIC) Soars 5.5%: Is Further Upside Left in the Stock?
- Ericsson (ERIC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
- 01/13/2023
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Ericsson stock surges after $220 million provision for potential DPA breach resolution with DOJ
- The U.S.-listed shares of Ericsson ERIC, -0.99% ERIC.B, +7.07% surged 7.2% toward a one-month high in premarket trading Thursday, after the Sweden-based communications services company said it will record a SEK2.3 billion ($220 million) charge for a potential resolution with the U.S. Department of Justice regarding alleged breaches under its 2019 Deferred Prosecution Agreement (DPA). The company said it believes the charge, which will be booked in fourth-quarter results, is a “sufficiently reliable estimate” of the penalty associated with any breach resolution.
- 01/12/2023
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Ericsson's Cloud Software and Services unit books $76 mln charge
- Ericsson on Wednesday announced a 800 million crown ($76 million) fourth-quarter charge linked to dropping some contracts and products at its loss-making Cloud Software and Services business.
- 01/04/2023
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Can Ericsson Recover From Its 9.2% Drop Over The Past Two Weeks?
- Ericsson stock (NASDAQ: ERIC) is down 9.2% in the past two weeks (ten trading days), performing much worse than the S&P 500, which was down 4% over this period.
- 01/03/2023
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Russian mobile calls, internet seen deteriorating after Nokia, Ericsson leave
- When telecoms gear makers Nokia and Ericsson leave Russia at the end of the year, their departure could steadily cripple the country's mobile networks over the long-term, setting off a deterioration in communication for everyday Russians.
- 12/21/2022
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Ericsson (ERIC) Spins Off Customer Support Business in Russia
- Ericsson (ERIC) is following an orderly exit in Russia and is winding down its operations in the wake of economic sanctions against the Putin regime.
- 12/16/2022
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Ericsson sees margin at lower end of target; pushes for cost cuts
- Swedish telecom equipment maker Ericsson said on Thursday it would reach the lower end of its long-term target of a profit (EBITA) margin of 15-18% by 2024 as several of its more profitable markets show signs of slowing down.
- 12/15/2022
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Telecom equipment maker Ericsson divests Russian operation
- Swedish telecom equipment maker Ericsson said on Thursday it had divested a customer support operation in Russia.
- 12/15/2022
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Ericsson and Apple end patent-related legal disputes with patent license deal
- Swedish telecom equipment group Ericsson said on Friday it had agreed a multi-year global patent license agreement with Apple.
- 12/09/2022
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Ericsson says it's reached licensing deal with Apple
- Swedish telecommunication equipment maker Ericsson ERIC, +1.11% said it's reached a global cross-license for patented cellular standard-essential technologies with Apple AAPL, +1.21% that ends all ongoing patent-related legal disputes between the parties. Including effects of the agreement with Apple covering sales from January 15, 2022, and including ongoing IPR business with all other licensees, Ericsson estimates the fourth quarter 2022 IPR licensing revenues will be 5.5 billion ($530 million) to 6 billion Swedish kronor.
- 12/09/2022
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Ericsson (ERIC) to Boost 6G Research Capabilities in the UK
- The initiative by Ericsson (ERIC) is likely to sow the seeds for in-depth 6G research activities on hardware security, AI, cognitive networks and quantum computing in the region.
- 11/22/2022
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6G mobile investment launched by Ericsson as planning for 2030 rollout steps up
- Despite ill-founded rumours that it is linked to Covid, the roll-out of 5G mobile has reached less than a third of the world's population and investment in 6G is already stepping up, with Ericsson (ADR) (NASDAQ:ERIC) today launching an investment worth "tens of billions of pounds" in UK research and development. With 6G expected to become available in the 2030s around three decades since the launch of 3G in 2001 and two since 4G in 2009, the Swedish telecoms group said it will set up a new UK research unit, staffed by 20 dedicated researchers along with additional PhD students and leading academics, as part of a 10-year investment program focusing on 6G research and "breakthrough innovations".
- 11/22/2022
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Ericsson to invest in 6G network research in Britain
- Networks equipment maker Ericsson said it would invest millions of pounds in 6G mobile research in Britain, working with universities on hardware security, AI and cognitive networks and quantum computing.
- 11/22/2022
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Ericsson: A Relic Of The Past, Weak Earnings Outlook Warrants A Sell
- The Eurozone has bounced back recently following a possible peak in the U.S. dollar. Sweden, however, has rolled over after a brief relative upturn.
- 11/21/2022
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Ericsson Stock Looks Unlikely To Sustain Its Earnings Driven Outperformance
- Ericsson stock (NASDAQ: ERIC) is up 12% in the past month, outperforming the S&P 500 which was up 7.9% over this period.
- 11/21/2022
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7 Stocks Rattled by Corporate Scandals and Shenanigans in 2022
- High inflation and soaring interest rates have been the main factor behind the double-digit stock downturn so far this year, but alongside these macro factors, many stocks have plunged due to more company-specific issues—for example, corporate scandals. These scandals run the gamut, both in the type of scandal and the severity of the scandal.
- 11/16/2022
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Russia's Tele2 files lawsuit against Ericsson over Russia withdrawal
- Russian telecoms firm Tele2 has started legal proceedings in Moscow against Ericsson over what it says is the Swedish firm's refusal to honour agreements to supply equipment, Tele2 representatives told Reuters on Friday.
- 11/11/2022
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The 3 Top Stocks to Buy With $20 Right Now
- When short-term traders overreact, it's time for long-term investors to act.
- 10/27/2022
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Why LM Ericsson Stock Is Crashing Today
- Investors were not impressed by the telecom infrastructure expert's third-quarter results.
- 10/20/2022
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Telefonaktiebolaget LM Ericsson (publ) (ERIC) Q3 2022 Earnings Call Transcript
- Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC ) Q3 2022 Earnings Conference Call October 20, 2022 3:00 AM ET Company Participants Peter Nyquist - Vice President and Head of Investor Relations Börje Ekholm - President and Chief Executive Officer Carl Mellander - Senior Vice President, Chief Financial Officer and Head of Group Function Finance and Common Functions Conference Call Participants Aleksander Peterc - Societe Generale Andreas Joelsson - Danske Bank François-Xavier Bouvignies - UBS Ben Harwood - New Street Janardan Menon - Jefferies Sandeep Deshpande - JP Morgan Peter Nyquist Good morning everyone and welcome to today's presentation covering the Third Quarter in 2022. With me here today I have Ericsson's CEO, Börje Ekholm and our CFO, Carl Mellander.
- 10/20/2022
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WRAPUP Nokia, Ericsson slump as patent fights hit margins
- Telecom equipment makers Nokia and Ericsson were among the worst performers in Europe on Thursday, bruised by ongoing patent battles which cut profit margins and offset strong demand for 5G equipment.
- 10/20/2022
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Ericsson profit falls short on lower licensing revenue, higher costs
- By Dominic Chopping
- 10/20/2022
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Ericsson earnings miss estimates as costs dent margins
- Swedish telecom equipment maker Ericsson on Thursday reported third-quarter core earnings that missed expectations for the second quarter in a row, as margins took a hit from higher component and logistics costs.
- 10/20/2022
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Down 13% Last Month, Does Ericsson Stock Look Set To Bounce?
- Ericsson stock (NASDAQ: ERIC) is down around 13% in the past month (twenty-one trading days), performing much worse than the S&P 500, which was down 5% over this period.
- 10/07/2022
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Ericsson wins Greenland 5G deal
- Swedish telecom equipment maker Ericsson has been contracted to build a 5G network in Greenland, initially covering three towns, local phone company Tusass said on Friday.
- 09/30/2022
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Ericsson (ERIC) to Boost Pine Cellular Network Capabilities
- Ericsson (ERIC) radio solutions will enable Pine Cellular to expand its connectivity footprint, reach more customers and deliver high-speed Internet connectivity.
- 09/29/2022
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Ericsson (ERIC) to Boost 5G Capabilities in American Samoa
- Ericsson (ERIC) radio solutions will enable Bluesky to offer high-speed 5G capabilities in American Samoa to help bridge the digital divide.
- 09/27/2022
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Ericsson says no hardware exported to Russia, only software support
- Ericsson said on Friday it is only providing software and technical support to Russian clients and has not sold any telecommunications equipment to mobile operators there since the Ukraine war started, after Swedish media reported the company had continued its exports.
- 09/23/2022
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Ericsson double-downgraded at Credit Suisse as Nokia lifted to outperform
- Credit Suisse upped its rating on Nokia NOK, -0.40% NOKIA, to outperform from neutral, and lowered Ericsson ERIC, -3.32% ERIC.B, -2.63% to underperform from outperform, as Adithya Metuku assumed primary coverage on both. The analyst said Nokia's diversified portfolio and the strength in network infrastructure will make it better placed to withstand headwind to wireless capital spending next year, and it has upside potential if it wins back market share in North American RAN.
- 09/15/2022
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2 Top Tech Stocks Under $20 Per Share
- You can afford a share or two of these awesome stocks, even if your investable cash is limited to coins found between the couch cushions.
- 09/10/2022
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Ericsson: Looking For Growth And Value In All (The Wrong) Places?
- I reported on Ericsson a few months back in early 2022. Since that time, the company has seen a double-digit decline, mostly in line with indexes. The company's fundamental upside remains intact - but many of the issues have been magnified due to the sensitive geopolitical macro.
- 09/08/2022
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Nokia (NOK), Ericsson (ERIC) to Terminate Russia Operations
- Nokia (NOK) and Ericsson (ERIC) decide to close their business operations in Russia.
- 08/30/2022
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Invitation to conference call on restated segment financials
- STOCKHOLM , Aug. 29, 2022 /PRNewswire/ -- As previously announced Ericsson is as of Q3 2022 changing its reporting structure to reflect its new organization Restated segment financials for 2022 first and second quarter, 2021 by quarter and 2020 full year will be published September 20, at 8:00 AM CEST Ericsson's CFO will present the restated segment financials on a conference call scheduled at 3:00 PM CEST, September 20 Ericsson (NASDAQ: ERIC) implemented a new company structure as of June 1, 2022. As previously announced, the company will start to report financials according to new segments that corresponds to the new company structure starting from the third quarter 2022.
- 08/29/2022
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Ericsson to wind down business activities in Russia over coming months
- STOCKHOLM/MOSCOW (Reuters) -Ericsson said on Monday it will gradually wind down business activities in Russia over the coming months as the Swedish telecoms equipment maker completes its obligations to customers.
- 08/29/2022
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2 Wireless Stocks With Decent Dividend for a Steady Return
- Qualcomm (QCOM) and Ericsson (ERIC) are two stocks within the Zacks Wireless Equipment industry that reward shareholders with a decent risk-adjusted dividend yield.
- 08/25/2022
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These 5 ‘Strong Buy' Stocks Trading Under $10 Are Well Known and Have Big Upside Potential
- While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
- 07/23/2022
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Ericsson: 5G's Full Potential Still Untapped
- Extended reality (XR) and application programming interfaces (APIs) will be among the uses driving demand for 5G infrastructure and capacity for years to come, Ericsson executives said Thursday (July 14) during the company's quarterly earnings call. “With 5G, anything that can go wireless will go wireless,” Ericsson President and CEO Börje Ekholm said.
- 07/15/2022
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Ericsson's $6.2B Vonage Buyout Receives US Panel's Clearance
- Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) received clearance from the Committee on Foreign Investments in the U.S. to complete its acquisition of Vonage Holdings Corp (NASDAQ: VG). This represents the final requisite approval to complete the deal.
- 07/15/2022
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Ericsson's $6.2 billion Vonage takeover gets U.S. clearance
- Sweden's Ericsson said on Friday it had received clearance from the Committee on Foreign Investment in the United States (CFIUS) to complete its acquisition of cloud communications firm Vonage.
- 07/15/2022
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Why LM Ericsson Stock Looks Like a Buy After Today's Earnings-Based Price Drop
- The networking infrastructure specialist reported mildly disappointing results in the second quarter of 2022. That's not the whole story, though.
- 07/14/2022
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Ericsson (ERIC) Stock Drops 10% as Inflation Heats Up
- Ericsson (ERIC) stock isn't doing so hot on Thursday as the company admits that inflation is starting to have an impact on its business. The post Ericsson (ERIC) Stock Drops 10% as Inflation Heats Up appeared first on InvestorPlace.
- 07/14/2022
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Telefonaktiebolaget LM Ericsson (ERIC) CEO Börje Ekholm on Q2 2022 Results - Earnings Call Transcript
- Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC ) Q2 2022 Earnings Conference Call July 14, 2022 3:00 AM ET Company Participants Peter Nyquist - Vice President & Head of Investor Relations Börje Ekholm - President & Chief Executive Officer Carl Mellander - Senior Vice President, Chief Financial Officer and Head of Group Function Finance & Common Functions Conference Call Participants Francois Bouvignies - UBS Alex Duval - Goldman Sachs Peter Kurt Nielsen - ABG Stefan Slowinski - BNP Paribas Daniel Djurberg - Handelsbanken Andrew Gardiner - Citi Peter Nyquist Hello, everyone and welcome to today's presentation of Ericsson's Second Quarter Result 2022. Together here in the studio, I have our CFO, Carl Mellander; and our CEO, Börje Ekholm.
- 07/14/2022
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Ericsson Shares Slump As Lower IPR Revenues Hit Q2 Margins
- Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) Q2 organic sales grew by 5% Y/Y, driven primarily by Networks in North America and Europe. Reported sales increased 14% to SEK 62.5 billion.
- 07/14/2022
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Ericsson shares skid after missing profit expectations
- Ericsson ERIC.B, -8.46% ERIC, +2.04% shares fell as much as 12% in Stockholm trade as the Swedish telecommunications equipment maker reported weaker-than-forecast earnings. Ericsson's bottom line was pressured by supply-chain issues and inflationary pressure on components, according to UBS analysts, who expect consensus earnings before interest and tax expectations for the year to fall by a mid single-digit percentage.
- 07/14/2022
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Ericsson Misses Quarterly Earnings Estimates. The Stock Is Falling.
- The Swedish telecommunications-equipment company says it continues to see strong 5G sales momentum in North America and Europe.
- 07/14/2022
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Ericsson profit misses forecasts amid ‘challenging conditions'
- By Dominic Chopping
- 07/14/2022
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Ericsson's second-quarter core profit misses estimates
- Sweden's Ericsson, under the shadow of bribery investigations, on Thursday reported a rise in second-quarter core earnings but missed expectations as increased component and logistics costs hit margins.
- 07/14/2022
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Ericsson Q2 Preview: Is a Rebound Quarter in Store?
- In its latest quarter, Ericsson missed bottom-line expectations by a steep 33%.
- 07/12/2022
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Earnings Previews: Conagra, Ericsson, JPMorgan, Morgan Stanley, Taiwan Semiconductor
- The three major U.S. equity indexes closed lower Monday. The Dow Jones industrials closed down 0.5%, the S&P 500 dropped 1.2% and the Nasdaq shed 2.3%.
- 07/12/2022
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Tests in Space: Ericsson, Qualcomm, Thales expand 5G horizon
- Swedish telecom equipment maker Ericsson, French aerospace group Thales and U.S. chipmaker Qualcomm plan to work jointly to develop a satellite-driven 5G network to improve terrestrial connectivity.
- 07/11/2022
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Ericsson Stock Poised For Take Off?
- Ericsson stock (NASDAQ: ERIC) is down around 7% in the past month (twenty-one trading days), still not as bad a performance as the S&P 500, which was down 8.4% over this period.
- 07/01/2022
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Ericsson's $6.2 billion Vonage takeover delayed over U.S. review
- Ericsson said on Tuesday the closing of its $6.2 billion Vonage acquisition was delayed to the end of July, from the first half of the year, due to a pending investigation by a U.S. national security panel.
- 06/28/2022
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Don't Miss the Newest 5G Profit Wave
- If you've wondered what happened to 5G, the answer is that this massive trend continues to march forward even as stock prices have struggled amid a global pandemic, inflation, rising interest rates, and more. 5G news may have quieted down, but the technology's moneymaking potential remains strong.
- 06/17/2022
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Ericsson shares fall on worries of bigger fine as U.S. SEC starts probe
- Shares of Ericsson fell 2.5% on Friday as the chance of it suffering a higher fine increased with the U.S. Securities and Exchange Commission (SEC) starting a separate investigation into the company's handling of misconduct in Iraq.
- 06/10/2022
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U.S. SEC opens probe against Ericsson over 2019 Iraq bribery report
- Ericsson said on Thursday that the U.S. securities regulator has opened an investigation concerning the matters described in the company's 2019 Iraq investigation report.
- 06/09/2022
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Ericsson now also being investigated by the SEC for its conduct in Iraq
- The U.S. listed-shares of Ericsson ERIC, -0.98% slid 0.9% in afternoon trading Thursday, after the Sweden-based telecommunications equipment company said the regulatory investigation into its conduct in Iraq now includes the U.S. Securities and Exchange Commission. The company had previously disclosed that the U.S. Department of Justice was investigating its conduct in Iraq during the period 2011 until 2019, alleging historical corruption.
- 06/09/2022
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Don't Miss the Newest 5G Profit Wave
- If you've wondered what happened to 5G, the answer is that this massive trend continues to march forward even as stock prices have struggled amid a global pandemic, inflation, rising interest rates, and more. 5G news may have quieted down, but the technology's moneymaking potential remains strong.
- 06/06/2022
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The Scandinavian Shopping List In A Time Of Bargains
- A list of companies covering some of the world's strongest economies in Scandinavia. Diversification can take place not only across sectors but also across geographies, with opportunities here across pharma, logistics, oil, heavy industry, telecom, 5G, insurance, vehicles, conglomerates, and so forth.
- 06/03/2022
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BT and Ericsson join forces to build 5G private networks
- Telecoms company BT and Ericsson have struck a multi-million pound partnership to offer private 5G networks to businesses across Britain, enabling them to deploy Internet of Things and other technologies quickly and securely.
- 05/31/2022
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Ericsson (ERIC), Deutsche Switch to Renewable Energy Sources
- Ericsson (ERIC), Deutsche Telekom AG, amid soaring electricity costs, harness wind and solar power.
- 05/24/2022
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Ericsson to restructure operations, two executives to depart
- Ericsson on Wednesday laid out plans to restructure its operating units to focus on mobile infrastructure and business customers, and announced that two senior executives will leave the company.
- 05/18/2022
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Swedish prosecutor opens preliminary investigation into alleged Ericsson bribes in Iraq - TT news agency
- STOCKHOLM (Reuters) -Swedish prosecutors have opened a preliminary investigation in to alleged bribes paid by telecom giant Ericsson in Iraq, Swedish news agency TT said on Wednesday, quoting the prosecutor Leif Gorts as saying.
- 04/20/2022
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Telefonaktiebolaget LM Ericsson (ERIC) CEO Börje Ekholm on Q1 2022 Results - Earnings Call Transcript
- Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC ) Q1 2022 Results Conference Call April 14, 2022 3:00 AM ET Company Participants Peter Nyquist - VP, IR Börje Ekholm - CEO Carl Mellander - CFO and Head of Group Function Finance and Common Functions Conference Call Participants Aleksander Peterc - Societe Generale Predrag Savinovic - Carnegie Peter Kurt Nielsen - ABG Sébastien Sztabowicz - Kepler Cheuvreux Francois Bouvignies - UBS Daniel Djurberg - Handelsbanken Alex Duval - Goldman Sachs Peter Nyquist Hello, everyone, and welcome to today's call covering the Q1 result in 2022. With me here in the studio in Siesta Stockholm, I have our CFO, Carl Mellander.
- 04/14/2022
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Why Ericsson's Shares Lost Signal Today
- The telecom equipment maker's first-quarter results were not impressive, and investors are also nervous about a potentially major legal issue.
- 04/14/2022
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Ericsson Shares Drop Post Q1 Results; Acknowledges DOJ Penalty, Russia Business Suspension
- Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) reported a first-quarter FY22 sales growth of 11% year-on-year to SEK 55.1 billion. Group organic sales grew by 3% Y/Y, driven by Networks in North America, Europe, and Latin America.
- 04/14/2022
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Ericsson 1Q net profit missed views on delayed contract, Russia provision
- STOCKHOLM–Ericsson AB's first-quarter net profit missed expectations because of a delayed contract, expired licensing deals, and the previously announced 900 million kronor ($95 million) provision after suspending its Russian business, the company said Thursday.
- 04/14/2022
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Ericsson's earnings miss on software contract delay, Russia provision
- Sweden's Ericsson, under fire over its handling of a bribery investigation in Iraq, on Thursday reported a fall in first-quarter core earnings, hurt by a delay in recording a large software contract and a provision related to suspension of business in Russia.
- 04/14/2022
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Ericsson (ERIC) & Hillwood to Boost Autonomous Mobility
- Ericsson (ERIC) and Hillwood have a shared vision for connected mobility to make transportation safer and sustainable.
- 04/12/2022
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Ericsson suspends all business in Russia
- Swedish telecom equipment maker Ericsson said on Monday it was suspending its business in Russia indefinitely.
- 04/11/2022
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Final Trades: Ericsson Telefon, Canadian Natural Resources & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 04/01/2022
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Ericsson CEO faces investor ire over handling of Iraq probe
- Ericsson Chief Executive Borje Ekholm faces his toughest challenge yet as shareholders vote on Tuesday on his handling of a probe into possible corruption in Iraq, a scandal which has upset investors and hammered the share price.
- 03/29/2022
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Ericsson shareholder Cevian to vote against board members at AGM
- Activist investor Cevian Capital, one of Ericsson's largest shareholders, said on Monday it will vote against granting discharge to the company's board members, as well as its president, at the annual general meeting (AGM) on Tuesday.
- 03/28/2022
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Ericsson CEO says he told staff to hand U.S. full Iraq report in 2019
- Ericsson Chief Executive Borje Ekholm said on Tuesday he had told staff in 2019 to disclose to the U.S. Department of Justice all information on an investigation the company carried out that year into suspect payments in Iraq.
- 03/22/2022
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Ericsson investigating how it addressed Iraq probe, board backs CEO
- Ericsson Chairman Ronnie Leten said on Monday a comprehensive review is underway led by its new chief legal officer over the company's conduct relating to Iraq and how it was addressed.
- 03/21/2022
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Ericsson Stock Looks Set To Bounce Back Strongly After A 30% Drop Last Month
- Ericsson stock (NASDAQ: ERIC) is down almost 30% in the past month (21 trading days), massively underperforming the S&P 500 which was down around 3% over this period. ERIC's most recent FY '21 earnings saw revenue unchanged at $24.7 billion from FY '20.
- 03/18/2022
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Ericsson says company, officers sued in U.S. over conduct in Iraq
- STOCKHOLM (Reuters) -Swedish telecoms company Ericsson and "certain (company) officers" have been named as defendants in a class action lawsuit in the United States for making allegedly false and misleading statements about the company's business in Iraq, Ericsson said in a statement on Friday.
- 03/04/2022
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Why Ericsson Was Plunging Today
- The 5G equipment maker was accused of violating a past corruption settlement agreement with the U.S. Department of Justice.
- 03/02/2022
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Ericsson's Internal Report on Iraq Conduct "Insufficient" Says DOJ
- Shares in Ericsson drop more than 15% after DOJ says company breached its U.S. deferred prosecution agreement for a second time
- 03/02/2022
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Ericsson says U.S. DoJ deems investigation disclosure insufficient
- Ericsson has been informed that disclosures it made to the U.S. Department of Justice (DoJ) about an internal investigation into conduct in Iraq were insufficient, the company said on Wednesday.
- 03/02/2022
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Ericsson: A Swedish Telco Major With Risk As Well As Upside
- Ericsson: A Swedish Telco Major With Risk As Well As Upside
- 02/26/2022
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AT&T (T) Joins Ericsson's 5G Startup Program, Boosts 5G Focus
- By joining this program, AT&T (T) will gain access to a curated list of firms that develop scalable services, devices and applications over 5G.
- 02/22/2022
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Exclusive-Ericsson informed U.S. DoJ in 2019 about Iraq probe - sources
- Ericsson informed the U.S. Department of Justice (DoJ) about an internal investigation into payments in Iraq when it signed a Deferred Prosecution Agreement (DPA) in 2019 to settle resolve separate corruption probes, sources familiar with the matter said.
- 02/17/2022
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Why Ericsson Stock Tanked 14% Today
- An investigation is probing whether the company inadvertently funded ISIS.
- 02/16/2022
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Ericsson shares fall 7% on Iraq corruption probe
- Shares of Ericsson fell 7% on Wednesday after the Swedish telecom gear maker disclosed results of an internal investigation that detailed suspect payments and misconduct in Iraq.
- 02/16/2022
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Ericsson says its 2019 probe found serious compliance breaches in Iraq
- STOCKHOLM (Reuters) -Ericsson said on Tuesday an internal investigation in 2019 found serious breaches of its compliance rules in Iraq, including evidence of corruption-related misconduct and improper use of sales agents and consultants.
- 02/15/2022
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The Great 5G Network Buildout: Current Status And Potential Winners
- The Great 5G Network Buildout: Current Status And Potential Winners
- 02/12/2022
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Top Stocks To Watch Today?4 Industrial Stocks For Your Watchlist
- Could industrial stocks grow as the economy recovers?
- 02/03/2022
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Telefonaktiebolaget LM Ericsson (publ) (ERIC) CEO Börje Ekholm on Q4 2021 Results - Earnings Call Transcript
- Telefonaktiebolaget LM Ericsson (publ) (ERIC) CEO Börje Ekholm on Q4 2021 Results - Earnings Call Transcript
- 01/25/2022
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Ericsson's Profit Increases on 5G Demand Despite China Drag
- Ericsson reported strong sales of 5G equipment in North America, Europe and Latin America, despite a significant decline in China.
- 01/25/2022
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We're still suffering in China with volumes falling, Ericsson CEO says
- Börje Ekholm discusses the company's fourth-quarter results, inflation pressures and 5G.
- 01/25/2022
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After Consolidating Over The Past Month, What's Next For Ericsson Stock?
- Ericsson stock is up 3% in the past month (21 trading days), outperforming the S&P 500 which was down more than 6% over this period. If you look at the change over the last five and ten days, the stock has returned -3.1% and -0.3%, respectively, following a strong sell-off in the broader markets.
- 01/25/2022
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Ericsson Clocks 3% Sales Growth In Q4; Proposes Dividend Hike Of 25%
- Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) reported a fourth-quarter FY21 sales growth of 3% year-on-year to SEK71.3 billion. Group organic sales grew by 2% Y/Y.
- 01/25/2022
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Ericsson profits soar despite China trouble
- Swedish telecoms giant Ericsson said Tuesday its net profit soared in 2021, with a better-than-expected performance in the fourth quarter despite losing ground in the key Chinese market.
- 01/25/2022
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Ericsson profit beats as more countries roll out 5G
- STOCKHOLM (Reuters) -Sweden's Ericsson on Tuesday reported fourth-quarter core earnings above market estimates, helped by higher sales of telecom gear as more countries roll out 5G networks offsetting a loss of market share in mainland China.
- 01/25/2022
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Ericsson sues Apple again over 5G patent licensing
- Sweden's Ericsson has filed another set of patent infringement lawsuits against Apple in the latest salvo between the two companies over royalty payment for use of 5G wireless patents in iPhones.
- 01/18/2022
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Ericsson (ERIC) Poised to Benefit from Solid 5G Momentum
- Ericsson (ERIC) continues to expand its footprint by leveraging its competitive 5G portfolio.
- 12/29/2021
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3 Stocks for Growth-Oriented Investors
- Growth-oriented investors may want to consider the following stocks, since they represent businesses with price-earnings ratios below 20 that recorded significant improvements in their trailing 12-month earnings per share over the past year.
- 12/28/2021
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Ericsson (ERIC) Inks Deal to Power Vodafone 5G Lab in Spain
- The Vodafone 5G Lab will be powered by the Ericsson (ERIC) Cloud Native 5G Core and is likely to sow the seeds of innovation and applications for consumers and enterprises.
- 12/14/2021
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Viavi (VIAV) Beefs Up Network Performance With Ericsson Tie-Up
- Viavi (VIAV) integrates its NITRO Mobility geolocation capability with Ericsson's (ERIC) Intelligent Automation Platform to optimize network performance and management.
- 12/09/2021
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Ericsson (ERIC) to Boost 5G Capabilities in Rural Kansas
- Ericsson (ERIC) radio solutions will enable Nex-Tech to offer high-speed 5G capabilities in the rural communities of Kansas and help bridge the digital divide.
- 12/08/2021
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Sweden's Ericsson sees 660 million 5G subscriptions by year end
- Sweden's Ericsson on Tuesday raised its global forecast for 5G mobile subscriptions to 660 million by the end of this year, citing stronger than expected demand in China and North America.
- 11/30/2021
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After A Rare 12% Drop Last Month, Is Ericsson Stock Set To Bounce?
- Ericsson stock is down 12% in just one month (21 trading days), completely underperforming the S&P 500 which was up just a little over 3%. If you look at the change over the last five and ten days, too, the stock has returned -6.5% and -8.3%, respectively, thus having underperformed the market on.
- 11/24/2021
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Ericsson Acquires Vonage in $6.2B Stock Deal
- Information and communication technology platform Ericsson on Monday (Nov. 22) announced its plans to acquire cloud-based communications company Vonage for about $6.2 billion through a stock deal that puts each share at a value of $21 after the deal was unanimously approved by Vonage's board. The deal will help Ericsson take another step in its […]
- 11/22/2021
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Vonage up 25% after it announced Ericsson is set to pay $6.2 billion to acquire it
- Ericsson (NASDAQ: ERIC) has agreed to purchase Vonage Holdings (NASDAQ: VG) for roughly $6.2 billion, or $21 per share. Vonage's Board of Directors unanimously approved this merger agreement.
- 11/22/2021
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Will Ericsson's $6.2 Billion Buyout Start a Consolidation Chain Reaction?
- The Swedish specialist in telecom networking equipment is buying its way into the cloud-based communications market.
- 11/22/2021
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Ericsson (ERIC) Inks Deal to Acquire Vonage for $6.2 Billion
- Ericsson's (ERIC) leadership in 5G technology will boost the developing space for open network application programming interfaces.
- 11/22/2021
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Ericsson to buy cloud service company Vonage in $6.2B deal
- Swedish telecom equipment maker Ericsson is buying U.S. cloud communications company Vonage in a $6.2 billion deal that will help it expand wireless services for business customers.
- 11/22/2021
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Ericsson To Acquire Vonage At 28% Premium
- Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) agreed to acquire Vonage Holdings Corp (NASDAQ: VG) for $6.2 billion. The purchase price values Vonage at $21 per share, implying a 28% premium to November 19 closing price.
- 11/22/2021
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Ericsson to buy cloud firm Vonage for $6.2 billion
- Mobile telecoms equipment maker Ericsson said on Monday it had agreed to buy cloud communications firm Vonage for $6.2 billion.
- 11/22/2021
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Ericsson to buy U.S. cloud company Vonage in $6.2 billion cash deal
- Ericsson has agreed to buy U.S.-based global cloud-communications provider Vonage VG, -2.09% for $21 a share, with an enterprise value of $6.2 billion, the companies announced on Monday. The deal has been unanimously approved by Vonage's board of directors, and will build on Ericsson's aims to expand globally in wireless enterprise, "offering existing customers an increased share of a market valued at $700 billion by 2030," the Swedish telecoms-equipment maker said.
- 11/22/2021
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Ericsson to buy cloud firm Vonage for $6.2 billion
- Mobile telecoms equipment maker Ericsson said on Monday it had agreed to buy cloud communications firm Vonage for $6.2 billion.
- 11/22/2021
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3 5G Stocks to Buy and Hold
- One of the most significant investment themes over the past few years has been 5G technology. The introduction of 5G has markedly increased global telecommunications.
- 11/17/2021
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Ericsson (ERIC) 5G Gears to Boost Qatar FIFA World Cup Experience
- The partnership between Ericsson (ERIC) and the Qatar-based carrier is likely to add a new dimension to the global football extravaganza set to be held from November to December 2022.
- 11/16/2021
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Top Five Tech Stocks for 2022
- Smart Money looks at the macro trends in the investing world. Here are five stocks focused on the big picture that you need to watch.
- 11/05/2021
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Ericsson Shares Fall Following Violation Of DOJ Agreement
- U.S. prosecutors determined Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) violated a $1.06-billion settlement agreement reached in 2019 over bribery allegations in five countries. The U.S. Justice Department intimated that Ericsson breached the agreement by failing to provide certain documents and information related to the settlement, the Wall Street Journal reports.
- 10/22/2021
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Ericsson (ERIC) Extends Partnership With Telenet in Belgium
- Ericsson's (ERIC) Operations Engine enables communications service providers to better manage their network to enhance customer experience and drive efficiency.
- 10/22/2021
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Ericsson says U.S. DOJ advises it breached obligations under DPA
- Swedish telecommunications equipment maker Ericsson said Friday it received correspondence from U.S. Department of Justice stating that the company breached its obligations under a Deferred Prosecution Agreement (DPA) by failing to provide certain documents and factual information.
- 10/21/2021
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5 Top Goldman Sachs European Stock Picks Come With Big Dividends
- Recently, the risk-off crowd has pushed the market higher following some stellar third-quarter earnings.
- 10/21/2021
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Ericsson's Smart Factory In Texas And The 5G Market Imply Upside Potential
- Ericsson's Smart Factory In Texas And The 5G Market Imply Upside Potential
- 10/21/2021
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Telefonaktiebolaget LM Ericsson (publ) (ERIC) CEO Borje Ekholm on Q3 2021 Results - Earnings Call Transcript
- Telefonaktiebolaget LM Ericsson (publ) (ERIC) CEO Borje Ekholm on Q3 2021 Results - Earnings Call Transcript
- 10/19/2021
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Ericsson Clocks 2% Revenue Decline In Q3, Margins Remain Stable
- Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) reported a third-quarter FY21 revenue decline of 2% year-on-year to SEK56.3 billion. Group organic sales declined by 1% Y/Y.
- 10/19/2021
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Supply chain disruptions to continue in the fourth-quarter, Ericsson CEO says
- Ericsson CEO Borje Ekholm discusses the Swedish electronic equipment maker's third-quarter earnings and impact of supply chain shortages.
- 10/19/2021
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Ericsson net profit beats expectations, despite China sales drop
- By Dominic Chopping
- 10/19/2021
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Ericsson reports third quarter results 2021
- STOCKHOLM, Oct. 19, 2021 /PRNewswire/ -- Third quarter highlights Group organic sales declined by -1% YoY. Sales in Mainland China in Networks and Digital Services declined by SEK -3.6 b.
- 10/19/2021
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Ericsson profit beats expectations on 5G demand despite China setback
- Sweden's Ericsson reported third-quarter core earnings above market estimates on Tuesday, as strong sales of 5G equipment in most of the world offset a loss of market share in mainland China.
- 10/19/2021
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Ericsson Stock Set For Dry Month After 5% Rise Last Week?
- Ericsson stock (NASDAQ: ERIC) has gained almost 5% in the past week and currently trades at $12 per share. Additionally, Ericsson, a multinational networking and telecommunication giant, has seen its stock lose 12% over the last six months, dropping from around $14.
- 10/18/2021
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Ericsson's (ERIC) Solutions Improve Urban Hotspot 5G Coverage
- Ericsson (ERIC) has unveiled three 5G radio solutions to boost broadband network connectivity in dense urban environments.
- 10/14/2021
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AT&T stock price forecast for Q4 after tapping into Ericsson's 5G network expertise
- On Monday, AT&T Inc. (NYSE:T) shares edged lower 2.60% after announcing a deal with Ericsson that will help the US telecommunications company accelerate its 5G plans. The company is tapping into the Swedish telecommunications company's next-generation centralized RAN architecture.
- 10/11/2021
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AT&T, Ericsson Collaborate Over 5G, C-Band Spectrum
- Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) and AT&T Inc (NYSE: T) forged a five-year agreement to accelerate the expansion of AT&T 5G building on over 20 years of collaboration. This deal helps support the deployment of the service provider's recently acquired C-band spectrum and the 5G Standalone (SA) launch.
- 10/11/2021
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AT&T selects Ericsson for expansion of 5G network and C-band spectrum build
- KISTA, Sweden, Oct. 11, 2021 /PRNewswire/ -- Building on more than 20 years of collaboration, Ericsson (NASDAQ: ERIC) and AT&T today announced a five-year agreement to accelerate the expansion of AT&T 5G. This deal helps support deployment of the service provider's recently acquired C-band spectrum and the launch of 5G Standalone (SA).
- 10/11/2021
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Ericsson signs 5-year 5G contract with AT&T
- Sweden's Ericsson said on Monday it has won a five-year contract from AT&T to help build its 5G network in the United States.
- 10/11/2021
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Apple Taken To Court By Ericsson Over Allegations Of Engaging In Unfair Practices In 5G Patent Royalty Talks
- Ericsson AB (NASDAQ: ERIC) on Monday filed a lawsuit against Apple Inc (NASDAQ: AAPL) for engaging in unfair actions, Bloomberg News reported, citing court documents. What Happened: The suit filed in a federal court in Marshall, Texas, claims Apple avoided paying royalties for the use of the Swedish telecom giant's 5G telecommunications technology.
- 10/05/2021
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Invitation to media and analyst briefing for Ericsson Q3 2021 report
- STOCKHOLM, Oct. 5, 2021 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the third quarter 2021 will be published at approximately 7:00 AM CEST on October 19, 2021. The company will issue a press release with the complete financial report attached, including tables, in PDF format.
- 10/05/2021
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PowerLight and Ericsson demonstrate laser beaming system to power 5G base stations
- Beaming power wirelessly using laser beams has been the stuff of science fiction for decades — but Kent, Wash.
- 10/04/2021
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Ericsson Enters $2B Sustainability-Linked Revolving Credit Facility
- Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) inked a $2 billion sustainability-linked revolving credit facility, renewing an undrawn $2 billion credit facility signed in 2013. The renewed facility has a link to Ericsson's sustainability work, and its interest margin will be linked to two of its sustainability KPIs.
- 09/30/2021
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Ericsson signs USD 2 billion sustainability-linked revolving credit facility
- STOCKHOLM, Sept. 30, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has signed a USD 2 billion sustainability-linked revolving credit facility, renewing an undrawn USD 2 billion credit facility signed in 2013.
- 09/30/2021
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Ericsson (ERIC) to Deliver Nationwide 5G Network in Malaysia
- Digital Nasional Berhad's partnership with Ericsson (ERIC) covers the latter's Radio System products and solutions.
- 09/28/2021
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Ericsson (ERIC) to Modernize Viaero Wireless' Network for 5G
- Ericsson's (ERIC) cutting-edge solutions allow Viaero Wireless to expand its connectivity footprint and continue delivering high-speed Internet to rural America.
- 09/21/2021
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3 Cheap Tech Stocks to Buy Right Now
- Cisco, Ericsson, and Skyworks are all value plays in a frothy market.
- 09/19/2021
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U.S. charges former Ericsson employee over bribery scheme
- U.S. authorities on Wednesday charged a former employee of Swedish telecommunications equipment maker Ericsson with scheming to bribe Djibouti government officials in order to win business with a state-owned telecommunications company.
- 09/08/2021
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Ericsson (ERIC) Announces 5G Core Partnership With TPG Telecom
- TPG Telecom extends its partnership with Ericsson (ERIC) to include the deployment of 5G Core for a standalone network.
- 09/07/2021
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Exclusive-Ericsson CEO to double down on China as 5G tussle rumbles on
- Ericsson's top executive vowed to double down on efforts to regain market share lost in China after Sweden blocked Chinese suppliers from its 5G roll-out, a move that antagonised Beijing and has hit the equipment maker's business.
- 09/03/2021
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Ericsson (ERIC) Boosts Rural Broadband With Mediacom Deal
- Ericsson (ERIC) radio solutions will enable Mediacom to offer high-speed Internet connectivity up to nine miles from each tower location.
- 09/01/2021
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Ericsson (ERIC) Boosts 5G Connectivity in Urban Hotspots
- The newly launched products are part of Ericsson (ERIC) Street Solutions portfolio that boasts zero footprint power systems with low maintenance and operational costs.
- 08/31/2021
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Ericsson partners with Mediacom Communications to extend broadband in rural America via Fixed Wireless Access
- PLANO, Texas, Aug. 31, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Mediacom Communications Corporation, the fifth largest cable operator in the U.S. providing services to 1.5 million homes and businesses across 22 states, are working together to extend broadband services in rural America. Mediacom is the first major U.S. cable provider to launch a 3GPP standards-based Citizens Broadband Radio Service (CBRS) Fixed Wireless Access (FWA) high-speed internet service leveraging Ericsson 4G and 5G Radio Access Network (RAN) solutions.
- 08/31/2021
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New Ericsson street solutions equip busy urban locations with low-visibility, high-performance 5G radios
- PLANO, Texas, Aug. 30, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) is expanding its portfolio of 5G radios with three new offerings geared toward urban environments. Part of Ericsson Street Solutions, these radios will allow communications service providers (CSPs) to build robust 5G service across all bands in urban environments while blending in seamlessly with the cityscapes.
- 08/30/2021
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From stocks to bonds, here are the latest European investor trends
- Detlef Glow, head of Lipper EMEA Research at Refinitiv, discusses market moves and investor trends with CNBC.
- 08/30/2021
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Ericsson (ERIC) Gains As Market Dips: What You Should Know
- Ericsson (ERIC) closed at $11.90 in the latest trading session, marking a +0.68% move from the prior day.
- 08/26/2021
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Ericsson (ERIC) to Power Faroese Telecom's Network Modernization
- The rollout of 5G and modernization of Faroese Telecom's 4G network will be powered by Ericsson's (ERIC) 5G Radio Access Network and Core products and solutions.
- 08/23/2021
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Ericsson Stock Gains On Scooping 5G Radio Contracts In China: Reuters
- Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) won a 3% share in a joint 5G radio contract from China Telecom Corp Ltd (OTC: CHJHF) and China Unicom (Hong Kong) Ltd(OTC: CHUFF), Reuters reports. Interestingly, Nokia Oyj (NYSE: NOK) did not win share.
- 08/02/2021
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Ericsson gets 5G radio contracts in China, Nokia disappoints - sources
- Sweden's Ericsson won a 3% share in a joint 5G radio contract from China Telecom and China Unicom, according to sources familiar with the matter.
- 08/02/2021
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Should Investors Worry About Ericsson's Challenges in China's 5G Market?
- The Swedish telecom company's revenue plunged in China during the second quarter.
- 07/20/2021
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Ericsson awarded reduced market share by China Mobile
- STOCKHOLM, July 19, 2021 /PRNewswire/ -- Following a review of bids in the CP for 700MHz radio round of China's 5G network development, Ericsson has been awarded 2% market share. In line with earlier market guidance to investors, this is materially lower than the market share previously awarded to the company in the 2.6GHz CP2 (11%).
- 07/19/2021
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Why Ericsson Stock Is Tanking Today
- The telecommunications equipment provider reports disappointing second-quarter results.
- 07/16/2021
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Ericsson inks its largest-ever deal with Verizon in $8.3 billion 5G plan as it faces headwinds from China
- Ericsson has signed its largest-ever deal with an $8.3 billion agreement to provide 5G solutions to Verizon, aiding the U.S. telecom giant in rolling out the next generation of wireless networks.
- 07/16/2021
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Ericsson Has a Big Problem in China and the Stock Is Falling. Here's What to Know.
- The telecom equipment group has forecast materially lower market share in China as it finds itself in the middle of a geopolitical spat over 5G.
- 07/16/2021
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Telefonica awards Nokia and Ericsson equal use of its Spanish 5G bands
- Telefonica said on Friday that it had awarded a contract for its Spanish 5G radio network to Nokia and Ericsson for the frequency bands 3.5GHz and 700MHz.
- 07/16/2021
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Telefonaktiebolaget LM Ericsson (publ) (ERIC) CEO Börje Ekholm on Q2 2021 Results - Earnings Call Transcript
- Telefonaktiebolaget LM Ericsson (publ) (ERIC) CEO Börje Ekholm on Q2 2021 Results - Earnings Call Transcript
- 07/16/2021
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Ericsson CEO: An open market between the East and West is beneficial to everyone
- Börje Ekholm, CEO of Ericsson, discusses the Swedish networking and telecommunication company's second-quater results.
- 07/16/2021
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Ericsson: Q2 Earnings Insights
- Shares of Telefonaktiebolaget L M Ericsson(NASDAQ:ERIC) fell 8.1% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 75.00% year over year to $0.14, which missed the estimate of $0.15.
- 07/16/2021
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Ericsson Shares Fall On Missing Q2 Earnings; Notes Margin Expansion, Forges $8.3B 5G Deal With Verizon
- Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) inked a multi-year agreement worth $8.3 billion with Verizon Communications Inc (NYSE: VZ) to provide its 5G solutions to accelerate Verizon's deployment of 5G network in the U.S. Ericsson plans to leverage Cloud RAN and our Street Macro solutions, adding depth and versatility to 5G network rollouts across the U.S. under the arrangement.
- 07/16/2021
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Ericsson reports second quarter results 2021
- STOCKHOLM, July 16, 2021 /PRNewswire/ -- Second quarter highlights Group organic sales grew by 8% YoY, despite a sales decline in Mainland China of SEK -2.5 b. YoY and an IPR revenue decline of SEK -0.5 b.
- 07/16/2021
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Ericsson's quarterly profit misses as China casts shadow
- STOCKHOLM (Reuters) -Sweden's Ericsson on Friday reported second-quarter core earnings below market estimates, as strong sales of 5G equipment in most markets was offset by a decline in sales in mainland China
- 07/16/2021
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Ericsson strikes $8.3 billion 5G deal with Verizon
- Swedish telecoms gear maker Ericsson said on Friday it struck an $8.3 billion deal with Verizon Communications Inc to accelerate the deployment of 5G network in the United States.
- 07/16/2021
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Ericsson and Verizon ink landmark multi-year $8.3 Billion 5G deal
- KISTA, Sweden, July 16, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces a landmark multi-year agreement with Verizon to provide its industry-leading 5G solutions to accelerate the deployment of Verizon's world-class next-generation 5G network in the U.S. Niklas Heuveldop, President and Head of Ericsson North America, says: "This is a significant strategic partnership for both companies and what we're most excited about is bringing the benefits of 5G to U.S. consumers, enterprises and the public sector. We're looking forward to working with Verizon to leverage solutions like Cloud RAN and our Street Macro, adding depth and versatility to 5G network rollouts across the U.S." "With this new agreement, we will be able to continue driving innovation and widespread adoption of 5G," says Kyle Malady, Chief Technology Officer for Verizon.
- 07/16/2021
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Ericsson (ERIC) Joins Tech Giants to Test Industry-First 5G Feature
- Ericsson (ERIC) partners with Telia (TLSNY) and Qualcomm (QCOM) to test a landmark 5G feature exhibiting lower signaling requirement during transition between a device's connected and inactive state.
- 07/15/2021
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Earnings Previews: Alcoa, Ericsson, Kansas City Southern
- Our Tuesday look at stocks reporting June quarter earnings included a big bank, the world's largest semiconductor maker, a health care giant, and a top regional bank: Morgan Stanley, TSMC, UnitedHealth, US Bancorp.
- 07/14/2021
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Will Higher Revenues Drive Ericsson's (ERIC) Earnings in Q2?
- Ericsson's (ERIC) performance in the second quarter of 2021 is likely to have benefited from strong 5G momentum globally.
- 07/13/2021
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Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know
- In the latest trading session, Ericsson (ERIC) closed at $13.04, marking a +0.77% move from the previous day.
- 07/07/2021
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Invitation to media and analyst briefing for Ericsson Q2 2021 report
- - Report to be released at approximately 7:00 AM CEST on July 16, 2021 - One live video webcast for analysts, investors and journalists at 9:00 AM CEST STOCKHOLM, July 6, 2021 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the second quarter 2021 will be published at approximately 7:00 AM CEST on July 16, 2021. The company will issue a press release with the complete financial report attached, including tables, in PDF format.
- 07/06/2021
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Ericsson (ERIC) & Google Cloud to Offer New Solutions to Firms
- Ericsson (ERIC) and Google Cloud are set to help firms in the automotive, manufacturing and other industries increase efficiency by bringing connectivity close to their locations.
- 07/01/2021
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Malaysia appoints Ericsson as 5G development partner
- Malaysia on Thursday said it has appointed Swedish telecommunications giant Ericsson as its partner to develop its 5G network and ecosystem.
- 07/01/2021
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Ericsson (ERIC) Ties Up With Telstra for Longest Distance 5G Call
- The 5G SA call across 113 km was achieved using Ericsson's (ERIC) commercial 5G SA network software on Telstra's 850 MHz spectrum.
- 06/29/2021
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Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know
- Ericsson (ERIC) closed at $12.68 in the latest trading session, marking a +0.48% move from the prior day.
- 06/28/2021
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3 Wireless Stocks Likely to Beat Chip Shortage-Led Industry Woes
- 3 Wireless Stocks Likely to Beat Chip Shortage-Led Industry Woes
- 06/24/2021
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Ericsson (ERIC) Gains But Lags Market: What You Should Know
- In the latest trading session, Ericsson (ERIC) closed at $12.69, marking a +1.04% move from the previous day.
- 06/21/2021
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Ericsson wins 5G core contracts from Vodafone in UK, Germany
- Ericsson said on Thursday it had won contracts from Vodafone to supply 5G core equipment for its standalone network in the UK and 5G core network in Germany.
- 06/17/2021
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Ericsson sees global 5G subscriptions hitting 580 million this year
- Sweden's Ericsson said on Wednesday the number of 5G subscriptions were expected to rise to 580 million by the end of 2021 from 220 million last year, and cross 3.5 billion by 2026.
- 06/16/2021
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Ericsson Mobility Report: More than half a billion 5G subscriptions by the end of 2021
- KISTA, Sweden, June 16, 2021 /PRNewswire/ -- 5G remains on track to become the fastest adopted mobile generation in history with subscriptions increasing at a rate of about a million per day China, North America and the Gulf Cooperation Council markets are leading the way on subscriber numbers, while Europe is off to a slow start 5G subscriptions with a 5G-capable device grew by 70 million during the first quarter of 2021 and are forecast to reach 580 million by the end of 2021 Ericsson (NASDAQ: ERIC) projects that 5G mobile subscriptions will exceed 580 million by the end of 2021, driven by an estimated one million new 5G mobile subscriptions every day. The forecast, which features in the twentieth edition of the Ericsson Mobility Report, enhances the expectation that 5G will become the fastest adopted mobile generation.
- 06/16/2021
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New report: Connecting schools has the potential to boost GDP by up to 20 percent in the least connected nations
- KISTA, Sweden, June 15, 2021 /PRNewswire/ -- Economist Intelligence Unit (EIU) report - Connecting Learners: Narrowing the Educational Divide - highlights four key areas for multi-sector collaboration Ericsson is an early funder and Global UNICEF partner for school connectivity mapping in support of the Giga initiative Empowering children and communities through school connectivity and enabling access to quality digital learning will help to meet UN Sustainable Development Goals and is a catalyst for individual, regional and national economic success An Economist Intelligence Unit (EIU) report sponsored by Ericsson (NASDAQ: ERIC) has found that nations with low broadband connectivity have the potential to realize an increase in GDP by up to 20 percent by connecting schools to the internet. A well-educated workforce is more likely to be innovative and foster ground-breaking ideas, leading to economic development and job creation.
- 06/15/2021
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Ericsson (ERIC) Stock Sinks As Market Gains: What You Should Know
- In the latest trading session, Ericsson (ERIC) closed at $13.10, marking a -0.61% move from the previous day.
- 06/14/2021
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Ericsson (ERIC) Dips More Than Broader Markets: What You Should Know
- Ericsson (ERIC) closed the most recent trading day at $13.10, moving -0.46% from the previous trading session.
- 06/07/2021
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Ericsson (ERIC) Unveils IoT Security Service, Aids Enterprises
- Ericsson (ERIC) partners with Orange's (ORAN) subsidiary, Orange Business Services, to manage the security of enterprises with the Threat Monitoring and Mitigation solution, an IoT security offering.
- 06/04/2021
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Ericsson (ERIC) Gains But Lags Market: What You Should Know
- Ericsson (ERIC) closed the most recent trading day at $13.16, moving +0.08% from the previous trading session.
- 06/02/2021
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Ericsson (ERIC) Introduces Private 5G to Support Businesses
- Ericsson's (ERIC) new offering can be scaled according to needs for more coverage and devices at a facility.
- 06/02/2021
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Ericsson Private 5G set to transform secure on-site connectivity
- KISTA, Sweden, June 1, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has launched Ericsson Private 5G. It offers secure and simple 4G LTE and 5G Standalone (SA) connectivity primarily targeting - but not limited to - manufacturing, mining and process industry, offshore and power utilities, as well as ports and airports.
- 06/01/2021
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Ericsson (ERIC) Partners With Leonardo to Boost 5G Solutions
- Their combined expertise will help Ericsson (ERIC) and Leonardo to grow in the mission-critical sector and deliver innovative products and services.
- 05/27/2021
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Ericsson (ERIC) Stock Sinks As Market Gains: What You Should Know
- Ericsson (ERIC) closed the most recent trading day at $13.36, moving -1.26% from the previous trading session.
- 05/24/2021
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Ericsson Concerned Over Chinese 5G Market Share Hit From Sweden's Exclusion Of China: Reuters
- Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) estimates a 5G market share hit in China due to Sweden's exclusion of Chinese vendors from Sweden's 5G network launches, based on Ericsson's bond issue prospectus, Reuters reports. Interestingly, Ericsson has been invited to various ongoing tender processes in China.
- 05/24/2021
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Ericsson updates risk factors for Euro corporate bond prospectus
- STOCKHOLM, May 24, 2021 /PRNewswire/ -- As previously disclosed by Ericsson (NASDAQ: ERIC) in its Q4 2020 financial report and in its 2020 annual report, there is a risk that the decision by the Post and Telecommunication Authority (PTS) to exclude Chinese vendors' products from the 5G auction in Sweden may adversely impact the economic interests of Sweden and Swedish industry, including those of Ericsson. This risk has been included in the risk factors in Ericsson's EMTN prospectus.
- 05/24/2021
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Ericsson (ERIC) Tests 5G Network Validity in Cross-Border Travel
- Ericsson (ERIC) conducted the trial at the AstaZero test track in Sweden by deploying a 5G mobile radio network in two Volvo cars that enabled them to receive an HD map of the route ahead.
- 05/21/2021
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The Defiance Next Gen Connectivity ETF Offers A Simple Way To Play The 5G Boom
- The Defiance Next Gen Connectivity ETF Offers A Simple Way To Play The 5G Boom
- 05/20/2021
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Ericsson (ERIC) Strengthens Partnership With Three Ireland
- Three Ireland is likely to take advantage of Ericsson's (ERIC) ConsumerLab research and analytical data.
- 05/20/2021
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Ericsson Stock: Buy For 15% Gains
- Up almost 2x from its low in March 2020, at the current price of around $13 per share, we believe Ericsson stock has further upside potential. The stock has risen from $7 to $13 off its March 2020 bottom, a little more than the S&P which increased by over 80% from its low.
- 05/13/2021
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Ericsson (ERIC) Settles Nokia (NOK) Dispute, Q2 Cash Flow to be Hit
- Ericsson (ERIC) will pay settlement charges of 80 million euros as it aims to follow a zero-tolerance policy for corruption and build a culture of compliance.
- 05/12/2021
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Ericsson announces settlement with impact in second quarter 2021
- STOCKHOLM, May 12, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has reached an agreement with Nokia for settling a damages claim against Ericsson. The settlement relates to events that were the subject of a 2019 resolution with the U.S. Department of Justice (DOJ) and U.S. Securities and Exchange Commission (SEC) of investigations into Ericsson's violations of the U.S. Foreign Corrupt Practices Act (FCPA).
- 05/12/2021
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Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know
- Ericsson (ERIC) closed the most recent trading day at $13.90, moving +1.53% from the previous trading session.
- 05/07/2021
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Ericsson, Samsung Forge Global Patent License Agreement
- Telefonaktiebolaget L M Ericsson (NASDAQ: ERIC) and Samsung Electronics Co Ltd (OTC: SSNLF) inked a multi-year agreement on global patent licenses, including patents relating to cellular technologies. The cross-license agreement encompasses sales of network infrastructure and handsets from Jan. 1, 2021.
- 05/07/2021
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Ericsson and Samsung sign global patent license agreement
- STOCKHOLM, May 7, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and Samsung have reached a multi-year agreement on global patent licenses between the two companies, including patents relating to all cellular technologies. The cross-license agreement covers sales of network infrastructure and handsets from January 1, 2021.
- 05/07/2021
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Ericsson partners with Telarus to target USD 90 billion SMB market with 5G-ready virtual workspace
- KISTA, Sweden, May 4, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) targets a USD 90 billion small and medium business (SMB) market in the US with a 5G-ready virtual workspace service designed to address the needs of more than 6 million companies, representing 40% of the US workforce. Ericsson Wireless Office removes the dependency of in-house IT expertise, physical installments, and devices while providing reliable and secure network access anywhere and anytime.
- 05/04/2021
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Ericsson to launch subscription service for remote office
- Sweden's Ericsson on Tuesday unveiled a subscription service for remote working in North America that would allow employees of small businesses to start working from home in minutes with access to licensed apps, cloud storage and security tools.
- 05/04/2021
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Ericsson Gaining Share in 5G as Profit Beats Estimates
- Apr.21 -- Ericsson said it is continuing to gain market share in the latest generation of wireless technology as the company reported first-quarter results that were stronger than analysts expected. Borje Ekholm, Ericsson CEO spoke to Anna Edwards and Mark Cudmore on "Bloomberg Markets: European Open.
- 04/21/2021
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Ericsson (ERIC) Misses Earnings & Revenue Estimates in Q1
- Ericsson's (ERIC) first-quarter 2021 results reflect market share gains in Networks, with four of the five market areas showing double-digit growth.
- 04/21/2021
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Telefonaktiebolaget LM Ericsson (publ) (ERIC) CEO Börje Ekholm on Q1 2021 Results - Earnings Call Transcript
- Telefonaktiebolaget LM Ericsson (publ) (ERIC) CEO Börje Ekholm on Q1 2021 Results - Earnings Call Transcript
- 04/21/2021
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Recap: Ericsson Q1 Earnings
- Shares of Telefonaktiebolaget L M (NASDAQ:ERIC) moved higher by 2.4% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 71.43% over the past year to $0.12, which missed the estimate of $0.14.
- 04/21/2021
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Ericsson reports first quarter results 2021
- STOCKHOLM, April 21, 2021 /PRNewswire/ -- First quarter highlights Sales adjusted for comparable units and currency grew by 10% YoY despite SEK -1.6 b. lower IPR licensing revenues YoY and four of the five market areas showed double-digit growth.
- 04/21/2021
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Ericsson Financial Statement Trends Indicate Major Potential
- Ericsson has strong recent financial statement momentum, including improving margins, return on assets, and financial strength. In selecting Ericsson, we compared the company's financial statements to all other public companies looking for an unusually promising risk/reward combination.
- 04/19/2021
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What's in the Cards for Ericsson (ERIC) This Earnings Season?
- Ericsson's (ERIC) earnings in the first quarter of 2021 are likely to have benefited from strong 5G momentum.
- 04/19/2021
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Ericsson's Nomination Committee appointed
- STOCKHOLM, April 19, 2021 /PRNewswire/ -- Ericsson's (NASDAQ:ERIC) Nomination Committee for the Annual General Meeting 2022 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012. The Nomination Committee consists of: Johan Forssell, Investor AB; Karl Åberg, AB Industrivärden; Anders Oscarsson, AMF - Försäkring och Fonder; Jonas Synnergren, Cevian Capital Partners Limited; and Ronnie Leten, the Chair of the Board of Directors.
- 04/19/2021
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Defiance Connectivity ETF: Capturing The 5G Megatrend
- Defiance Connectivity ETF: Capturing The 5G Megatrend
- 04/17/2021
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Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know
- In the latest trading session, Ericsson (ERIC) closed at $13.84, marking a +1.17% move from the previous day.
- 04/15/2021
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Ericsson (ERIC) Partners New Zealand-Based Firm to Deploy 5G
- Ericsson (ERIC) partners with a New Zealand-based telco, 2degrees, to modernize the latter's core and RAN network on the back of innovative technologies.
- 04/15/2021
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Invitation to media and analyst briefing for Ericsson Q1 2021 report
- STOCKHOLM, April 12, 2021 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the first quarter 2021 will be published at approximately 7:00 AM CEST on April 21, 2021. The company will issue a press release with the complete financial report attached, including tables, in PDF format.
- 04/12/2021
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Final Trades: American Express, Pinterest, Kinder Morgan & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 04/07/2021
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Ericsson (ERIC) Targets Virtualized 5G RAN, Unveils Open Lab
- Ericsson (ERIC) introduces Open Lab to enable virtual collaboration among industry partners and service providers while bolstering the development of Cloud RAN technology, globally.
- 04/05/2021
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Should Value Investors Buy Ericsson (ERIC) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 04/02/2021
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Is Ericsson (ERIC) Stock Outpacing Its Computer and Technology Peers This Year?
- Is (ERIC) Outperforming Other Computer and Technology Stocks This Year?
- 04/02/2021
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Ericsson: Conservative DCF Says The Stock Has A 58% Upside Potential
- ERIC's operating income and net income have increased by 163.23% and 857.77%, respectively. "Networks" is the biggest and most promising segment amid a rapidly growing 5G market.
- 04/01/2021
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Dutch telco KPN sues Sweden's Ericsson over patents
- KPN NV, the largest Dutch telecommuncations company, has filed a patent-infringement complaint against Ericsson in a district court in Texas, the Swedish telecom equipment maker said on Thursday.
- 04/01/2021
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7 5G Stocks Keeping an Eye on Huawei
- As Huawei gets shut out of global markets, competing 5G stocks have a chance to grow their market share at an accelerated rate. The post 7 5G Stocks Keeping an Eye on Huawei appeared first on InvestorPlace.
- 03/31/2021
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New Ericsson Open Lab to drive network virtualization technologies
- Launched today, Ericsson Open Lab has a global focus on innovating virtualized 5G Radio Access Networks (RAN) technologies Ericsson Open Lab is a virtual and physical space for fast and interactive collaboration and co-creation with communications service providers and ecosystem partners Ericsson customers can realize new deployment/use case scenarios, increase automation and reduce manual intervention, with an initial focus on Ericsson's Cloud RAN products KISTA, 16440, March 31, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has established the Ericsson Open Lab, a new space to collaborate and innovate with leading Ericsson Cloud RAN customers and ecosystem partners to drive virtualized 5G Radio Access Networks (RAN) technologies. Ericsson Open Lab is accessible virtually to customers globally.
- 03/31/2021
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Ericsson's Annual General Meeting 2021
- STOCKHOLM, March 30, 2021 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) Annual General Meeting (AGM) was held on March 30, 2021. Due to the COVID-19 pandemic, the AGM 2021 was conducted without the physical presence of shareholders, representatives and third parties and the shareholders were able to exercise their voting rights only by post before the meeting.
- 03/30/2021
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5G Emerges as a Hot Investment Theme in 2021: 5 Top Picks
- The transition of the wireless industry to 5G is rapid and calls for investing in Skyworks (SWKS), Cambium Networks (CMBM), Ubiquiti (UI), Aviat Networks (AVNW) and Ericsson (ERIC)
- 03/26/2021
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Ericsson Annual Report on Form 20-F filed with the SEC
- STOCKHOLM, March 25, 2021 /PRNewswire/ -- On March 25, 2021, Ericsson (NASDAQ:ERIC) filed its Annual Report on Form 20-F for the year ended December 31, 2020 with the U.S. Securities and Exchange Commission (SEC). The Annual Report is available on Ericsson's website at https://www.ericsson.com/en/investors.
- 03/25/2021
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Structure Your Retirement Portfolio With These 5 Tech Stocks
- Here we've picked four tech stocks that are incredible for retirement investment planning.
- 03/24/2021
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6 Top-Ranked Stocks to Make the Most of 5G Uptrend
- Here we discuss six stocks, namely, SWKS, QRVO, ERIC, ADI, GLW, and VIAV that are well poised to make the most of 5G boom.
- 03/23/2021
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A Trio of Low Median Price-Sales Stocks to Consider
- In search of bargains, investors may want to consider the following three companies, as their stocks have a low price-to-median-price-sales-value when compared to the average of the S&P 500 (which stands around 1.6 as of the writing of this article).
- 03/22/2021
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Here's Why Ericsson (ERIC) is a Promising Pick for Investors
- Ericsson (ERIC) intends to invest in strengthening its portfolio and expanding global footprint.
- 03/22/2021
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7 Tech Stocks Still Quenching Our Thirst for Smartphones
- Tech stocks often present strong opportunities when played correctly. These 7 stocks to buy are set to capitalize from smartphone strength.
- 03/19/2021
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Ericsson (ERIC) to Revamp Telenet's Network With 5G Rollout
- Ericsson (ERIC) partners with Telenet to streamline the existing network infrastructure with the deployment of 5G technology for seamless connectivity.
- 03/16/2021
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Ericsson USA 5G Smart Factory recognized as 'Global Lighthouse' by the World Economic Forum
- STOCKHOLM, March 15, 2021 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) USA 5G Smart Factory in Lewisville, Texas, has been recognized by the World Economic Forum as a global front runner in the Fourth Industrial Revolution (4IR). The Forum has awarded the site with its prestigious "*Global Lighthouse" designation in recognition of Ericsson's deployment of next-generation technology at the site and its subsequent impact - including an impressive 2.2 times improved output per employee when compared to a similar site without the automation and 4IR improvements.
- 03/15/2021
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3 Top Tech Stocks Under $20 Per Share
- Infinera and two other oft-overlooked stocks should appeal to value-seeking tech investors.
- 03/08/2021
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Ericsson (ERIC) Gains But Lags Market: What You Should Know
- Ericsson (ERIC) closed at $12.13 in the latest trading session, marking a +0.41% move from the prior day.
- 03/05/2021
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Ericsson Annual Report 2020 published
- STOCKHOLM, March 5, 2021 /PRNewswire/ -- The Ericsson (NASDAQ: ERIC) Annual Report 2020 is now available to download from the Ericsson web site: www.ericsson.com/en/investors/financial-reports/annual-reports/ar-and-in-review-2020 Printed copies of the Annual Report 2020 can be ordered by...
- 03/05/2021
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Invitation to "Ericsson shareholder dialogue 2021"
- STOCKHOLM, March 1, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) will host a digital event for shareholders on March 26 called "Ericsson shareholder dialogue 2021". The event will feature remarks from company representatives, including Chair of the Board of Directors Ronnie Leten and...
- 03/01/2021
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The 7 Best Opportunities in 5G Stocks
- These 5G stocks will likely see further upside as the emerging communications technology becomes part of our personal and professional lives. The post The 7 Best Opportunities in 5G Stocks appeared first on InvestorPlace.
- 02/23/2021
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Ericsson (ERIC) Launches Solutions for 5G Mid-Band Rollout
- The product launches by Ericsson (ERIC) are likely to enable carriers harness the full potential of the mid-band spectrum as more airwaves will be made available in the near future.
- 02/23/2021
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Ericsson named a Leader in the 2021 Gartner Magic Quadrant for 5G Network Infrastructure for Communications Service Providers report
- STOCKHOLM, Feb. 23, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has been named a Leader in the 2021 Magic Quadrant for 5G Network Infrastructure for Communications Service Providers by independent IT research and advisory company, Gartner. Ericsson's Leaders quadrant recognition in the...
- 02/23/2021
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Notice of Ericsson's Annual General Meeting 2021
- STOCKHOLM, Feb. 23, 2021 /PRNewswire/ -- The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Tuesday, March 30, 2021. Due to the COVID-19 pandemic, the Board of Directors has decided that the Annual General Meeting of shareholders...
- 02/23/2021
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Ericsson to accelerate 5G mid-band rollouts with ultra-light Massive MIMO and RAN Compute solutions
- KISTA, Sweden, Feb. 22, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has launched three new radios in its industry-leading Massive MIMO portfolio and expanded its RAN Compute portfolio with six RAN Compute products to accelerate 5G mid-band rollouts. The new solutions are powered by...
- 02/22/2021
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U.S. ITC to investigate Ericsson complaint against Samsung over 5G wireless equipment
- The U.S. International Trade Commission (ITC) said on Tuesday it would open an investigation after Ericsson claimed Samsung Electronics Inc had infringed on some of its patents in 4G and next generation 5G wireless cellular communications infrastructure systems.
- 02/16/2021
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4 5G Stocks for the Long Run
- 5G stocks that can out-perform in the coming years as deployment of 5G accelerates. B2B provides incremental growth opportunity for 5G companies.
- 02/11/2021
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3 Top Tech Stocks Under $20 Per Share
- From skyrocketing start-ups to well-established industry giants, there's a low-priced tech stock for every investor.
- 02/11/2021
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4 5G Stocks That Aren't Phone Companies
- Investors looking for 5G stocks have options beyond cellular companies. These 4 names look set to benefit for years from the ongoing rollout.
- 02/08/2021
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Nokia Stock Gets an Upgrade Because Ericsson's 5G Performance Was So Good
- Norway's largest investment bank raised its target price on Nokia from €4 to €4.8.
- 02/01/2021
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7 5G Stocks to Keep Your Eye on in 2021
- Some sell 5G smartphones, some make 5G infrastructure, and others provide the network, but each of these 5G stocks is worth watching in 2021. The post 7 5G Stocks to Keep Your Eye on in 2021 appeared first on InvestorPlace.
- 02/01/2021
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Nokia upped to buy after Ericsson results
- Nokia was upgraded to buy from sell at DNB Markets, which also lifted its price target to €4.80 ($5.80) from €4. Analyst Frank Maao said the share price has come down after the retail frenzy last week, the read-across from Ericsson's fourth quarter suggests there is 5G cycle strength in Northeast Asia excluding China, the capital markets day in March could be another catalyst and there could be increasing order momentum from those looking to diversify away from Chinese gear.
- 02/01/2021
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Investors Should Consider Betting on Ericsson's Exciting Growth
- Shares of Swedish communications equipment giant Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) spiked more than 11% on Friday to trade around $13 per share before pulling back. The company announced strong fiscal fourth-quarter and full-year 2020 results before the market opened.
- 01/29/2021
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Why Ericsson Stock Jumped Today
- The network equipment provider reports fourth-quarter results.
- 01/29/2021
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Ericsson Reports Strong Q4 Earnings, Proposes 33.33% Dividend Hike
- Telefonaktiebolaget LM Ericsson's sales rose by 13% year-on-year in the fourth quarter of FY20 to SEK 69.6 billion. The company's robust 5G portfolio primarily drove the growth for 2020.
- 01/29/2021
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Ericsson Crushed Earnings Estimates. It Has Become a Highly Profitable 5G Player.
- Political risk in China remains a cloud over the company's head.
- 01/29/2021
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Ericsson's (ERIC) Q4 Earnings Beat on Strong 5G Momentum
- Ericsson's (ERIC) fourth-quarter 2020 results reflect accelerated 5G deployments in North-East Asia, North America and Europe.
- 01/29/2021
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Telefonaktiebolaget LM Ericsson (publ) (ERIC) CEO Börje Ekholm on Q4 2020 Results - Earnings Call Transcript
- Telefonaktiebolaget LM Ericsson (publ) (ERIC) CEO Börje Ekholm on Q4 2020 Results - Earnings Call Transcript
- 01/29/2021
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Ericsson plans to increase its presence in North America, CEO says
- Ericsson CEO Borje Ekholm discusses the firms expansion plans in North America.
- 01/29/2021
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Ericsson: Q4 Earnings Insights
- Shares of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) rose 12.3% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 68.75% year over year to $0.27, which beat the estimate of $0.21.
- 01/29/2021
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Demand for connectivity has increased — and we believe it will stay, says Ericsson CEO
- Ericsson CEO Börje Ekholm discusses the company's results and growth prospects looking ahead.
- 01/29/2021
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Growth this quarter is largely down to competitive portfolio, Ericsson CEO says
- Ericsson CEO Börje Ekholm discusses the company's fourth-quarter and full-year earnings.
- 01/29/2021
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Ericsson reports fourth quarter and full-year results 2020
- STOCKHOLM, Jan. 29, 2021 /PRNewswire/ -- Fourth quarter highlights Sales adjusted for comparable units and currency grew by 13% YoY mainly driven by sales in North East Asia, Europe and North America. Reported sales were SEK 69.6 (66.4) b. Gross margin excluding restructuring charges...
- 01/29/2021
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How Nokia, Ericsson, and CEL-SCI Got Swept Up in the WallStreetBets Mania Today
- These big jumps had nothing to do with achievements or business quality.
- 01/27/2021
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Will Higher Revenues Aid Ericsson's (ERIC) Earnings in Q4?
- Ericsson's (ERIC) earnings in the fourth quarter of 2020 are likely to have benefited from strong 5G momentum in several markets.
- 01/27/2021
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Ericsson (ERIC) & Telia Launch Industrial Drone Service
- Developed with Ericsson (ERIC) ONE's new drone mobility project, the Telia Drone Inspection Service enables companies to access hard-to-reach places to improve industrial workflows.
- 01/26/2021
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Ericsson launches 5G RAN Slicing to spur 5G business growth
- STOCKHOLM, Jan. 26, 2021 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has launched a 5G network slicing solution for radio access networks (RAN) that will enable communications service providers to deliver customized 5G services with guaranteed performance. Now commercially available, Ericsson...
- 01/26/2021
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3 International Tech Stocks to Buy Right Now
- As many focus on the U.S., these offshore companies continue to drive gains.
- 01/21/2021
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Who Wins When Carriers Spend Big on Wireless Spectrum?
- Two investing ideas after a record-setting FCC auction.
- 01/20/2021
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5 Tech Stocks Beating the Market
- According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned tech stocks have outperformed the S&P 500 Index over the past 12 months through Jan. 20.
- 01/20/2021
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Ericsson (ERIC) Boosts 5G Ecosystem in Taiwan With APT Alliance
- Ericsson (ERIC) partners with APT and FET to deploy advanced 5G RAN technology in Taiwan on the back of its Radio System portfolio and Network Manager solutions.
- 01/18/2021
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9 Hot Stocks to Buy Now to Profit off Chinese Markets
- These are some of the top stocks to buy if you want to make a play on the growth and strength of the Chinese economy. The post 9 Hot Stocks to Buy Now to Profit off Chinese Markets appeared first on InvestorPlace.
- 01/15/2021
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T-Mobile (TMUS) Partners Ericsson, Nokia to Expand 5G Footprint
- The multi-billion-dollar deals with Ericsson and Nokia will reinforce T-Mobile's (TMUS) leadership in 5G.
- 01/15/2021
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7 Cheap Stocks to Buy as Democrats Gain Control
- The recent blue wave makes these cheap stocks look strong and likely to give great returns in the coming year. The post 7 Cheap Stocks to Buy as Democrats Gain Control appeared first on InvestorPlace.
- 01/14/2021
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Ain't Nothing But A 5G Thing: A Deep Dive Into The Top Performing 5G ETF (WUGI)
- Ain't Nothing But A 5G Thing: A Deep Dive Into The Top Performing 5G ETF (WUGI)
- 01/14/2021
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Invitation to media and analyst briefing for Ericsson Q4 and full year 2020 report
- STOCKHOLM, Jan. 14, 2021 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter and full year of 2020 will be published at approximately 7:00 AM CET on January 29, 2021. The company will issue a press release with the complete financial report attached,...
- 01/14/2021
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T-Mobile to Expand and Advance the Nation's Largest 5G Network with New 5-Year Agreements
- BELLEVUE, Wash.--(BUSINESS WIRE)--Today, T-Mobile (NASDAQ: TMUS) announced five-year, multi-billion-dollar agreements with both Ericsson (NASDAQ: ERIC) and Nokia (NYSE: NOK) to continue advancing and expanding the nation's largest 5G network. Part of the network investment following last year's merger with Sprint, these deals enable T-Mobile to add even more 5G coverage, capacity, speed and advanced technical capabilities across all of its spectrum bands. “T-Mobile already has the largest 5G ne
- 01/13/2021
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Ericsson (ERIC) Stock Sinks As Market Gains: What You Should Know
- Ericsson (ERIC) closed at $11.84 in the latest trading session, marking a -0.17% move from the prior day.
- 01/12/2021
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7 Top Communications Stocks for Changes in 2021
- Communications stocks have been a mixed bags in recent years. These eight names have a strong chance to lead the sector in 2021.
- 01/12/2021
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Ericsson (ERIC) Dips More Than Broader Markets: What You Should Know
- Ericsson (ERIC) closed at $11.86 in the latest trading session, marking a -1.66% move from the prior day.
- 01/11/2021
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In U.S. and Europe, second phase of Covid will benefit software companies, says analyst
- GlobalData's Head of Thematic Research Cyrus Mewawalla discusses the outlook and key trends for tech, media and telecoms in 2021.
- 01/08/2021
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Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know
- In the latest trading session, Ericsson (ERIC) closed at $12.20, marking a +1.33% move from the previous day.
- 01/05/2021
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Ericsson (ERIC) Inks Five-Year 5G Deal With Ooredoo Group
- Ericsson's (ERIC) solutions are likely to boost Ooredoo's network performance to meet the increasing demands of consumers and businesses.
- 01/05/2021
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Telecom Records Major Buyouts in 2020: Does 2021 Hold Promise?
- Viavi Solutions (VIAV), TELUS (TU), Bandwidth (BAND), Ericsson (ERIC) and Arista (ANET) are some of the companies in the telecom sector that inked key buyout deals in 2020.
- 12/30/2020
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Ericsson (ERIC) Gains As Market Dips: What You Should Know
- Ericsson (ERIC) closed the most recent trading day at $11.95, moving +1.53% from the previous trading session.
- 12/29/2020
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7 5G ETFs Sit On The Cusp of a Tech Revolution Ready to Explode in 2021
- The Street's best 5G ETFs to buy should reward investors handsomely in 2021, too. Some of these seven names will surprise even the most-savvy exchange-traded fund investor.
- 12/28/2020
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Ericsson (ERIC) Dips More Than Broader Markets: What You Should Know
- In the latest trading session, Ericsson (ERIC) closed at $11.73, marking a -1.44% move from the previous day.
- 12/21/2020
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Primecap Odyssey Funds' 2020 Annual Letter to Shareholders
- Dear Fellow Shareholders,
- 12/18/2020
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5 Stocks to Gain Bigger as 5G Makes the World Smaller
- Qualcomm (QCOM), T-Mobile (TMUS), Ericsson (ERIC), Verizon (VZ) and AT&T (T) are likely to ride on the 5G wave in 2021.
- 12/17/2020
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4 Large-Cap Stocks to Buy by Year's End
- Large-cap stocks have seen wildly varying performance in 2020. And in 2021, these four names should be among the group's best.
- 12/16/2020
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Ericsson files patent lawsuit against Samsung in U.S.
- Ericsson said on Friday it has filed a lawsuit in the United States against Samsung for alleged violations of contractual commitments to negotiate in good faith and to licence patents.
- 12/11/2020
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3 International Tech Stocks to Buy Right Now
- Shopify and two other overseas tech stocks could head higher in 2021.
- 12/10/2020
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3 Reasons for the Bull Case for Ericsson
- Ericsson stock appears to be nicely positioned to benefit as the company is tapped for the emerging 5G megatrend. The post 3 Reasons for the Bull Case for Ericsson appeared first on InvestorPlace.
- 12/01/2020
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Ericsson and Vodafone have tested ‘safe sky corridors for drones' with telecom tech
- Ericsson and Vodafone said that they have successfully tested technology that uses mobile network data to facilitate flight corridors for drones, opening the door to safe and accurate flights for commercial and emergency purposes.
- 11/30/2020
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China drives 5G demand for Sweden's Ericsson
- Ericsson raised its global forecast for 5G mobile subscriptions to 220 million by the end of this year, citing faster uptake in China.
- 11/30/2020
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Sweden's Ericsson sees 220 million 5G subscriptions by year end
- Sweden's Ericsson on Monday raised its global forecast for 5G mobile subscriptions to 220 million by the end of this year, citing faster than expected uptake in China.
- 11/30/2020
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Ericsson (ERIC), Chunghwa to Power Orsted Wind Farms' Network
- Ericsson (ERIC) extends its working relationship with Chunghwa Telecom to deploy its 4G LTE private networks at Orsted's Greater Changhua wind farms for a seamless communications infrastructure.
- 11/26/2020
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There Are Good Reason to Feel Bullish About Ericsson Stock
- In no uncertain terms, Ericsson stock is not the perfect investment. But solid execution, value and improving price action make it a buy.
- 11/25/2020
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3 Incredibly Cheap 5G Tech Stocks
- China Mobile and two other 5G stocks look cheap relative to their growth.
- 11/21/2020
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Invest in the 5G Boom by Buying Ericsson Stock
- Ericsson's 5G business is growing as it cracks the Chinese telecom market, assuring its dominance ahead. The post Invest in the 5G Boom by Buying Ericsson Stock appeared first on InvestorPlace.
- 11/20/2020
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Correction of date for Ericsson's fourth quarter report 2020
- STOCKHOLM, Nov. 20, 2020 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter 2020, will be issued on January 29, 2021. By mistake an incorrect date is stated in the financial report for the third quarter of 2020, published on October 21. The error occurs on...
- 11/20/2020
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LM Ericsson Stock Is a 5G, Free Cash Flow Powerhouse At Attractive Value
- LM Ericsson is a 5G and free cash flow powerhouse selling at an attractive value. Ericsson stock is cheap at 16 times forward earnings and is worth at least 50% more.
- 11/19/2020
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3 5G Stocks That Also Pay Rock-Solid Dividends
- Ericsson and two other tech companies will pay investors decent dividends as they patiently wait for the 5G market to expand.
- 11/13/2020
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Ericsson Stock Growth Is Tied to 5G Expansion
- With growth of ERIC stock linked to 5G growth, it's a good sign that Ericsson has been signing infrastructure deals at a dizzying pace. The post Ericsson Stock Growth Is Tied to 5G Expansion appeared first on InvestorPlace.
- 11/11/2020
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Telia announces strategic partnership with Ericsson in Lithuania
- Telia in Lithuania has entered into a strategic partnership with Ericsson to modernize its mobile network and rollout of 5G across the country. The five-year partnership agreement with Ericsson will deliver better digital experiences to customers and society and pave the way for more sustainable and efficient network operations.
- 11/03/2020
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Press invitation to Ericsson Capital Markets Day 2020
- STOCKHOLM, Nov. 2, 2020 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has the pleasure of inviting investors, financial analysts and media representatives to its Capital Markets Day on 10 November 2020 between 3:00 pm and 7:00 pm CET. This year's Capital Markets Day will be an online live event...
- 11/02/2020
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BT signs 5G deal with Ericsson to help phase out Huawei equipment
- Ericsson announced Wednesday that it's been selected to supply BT with 5G radio equipment in London and other major cities in the U.K.
- 10/28/2020
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Ericsson wins BT's 5G radio contract for London, other major UK cities
- Ericsson said on Wednesday it had been selected by Britain's BT to provide 5G radio equipment in London, Edinburgh, Belfast, Cardiff and other major UK cities, building on the contract it signed earlier this year for core technology.
- 10/28/2020
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2 Top Tech Stocks Under $20 Per Share
- These two companies could hardly be more different, except that both are poised to skyrocket from these low prices.
- 08/14/2020
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Ericsson Reinforces Market Position With 100 5G Contracts
- The feat comes with Ericsson's (ERIC) announcement of a 5G deal with Telekom Slovenije.
- 08/12/2020
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Telefonaktiebolaget LM Ericsson -- Moody's announces completion of a periodic review of ratings of Telefonaktiebolaget LM Ericsson
- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Telefonaktiebolaget LM Ericsson and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- 08/12/2020
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Ericsson achieves 100th 5G commercial agreement with unique communications service providers
- Ericsson (NASDAQ: ERIC) has achieved a significant 5G milestone by securing the company's 100th commercial 5G agreement or contract with unique communications service providers. The figure includes 58 publicly announced contracts and 56 live 5G networks, spanning five continents.
- 08/12/2020
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Telekom Slovenije and Ericsson roll out first 5G commercial network in Slovenia
- Ericsson (NASDAQ: ERIC) and leading Slovenian communications service provider, Telekom Slovenije, launched the first commercial 5G network in Slovenia on July 23, 2020. The 5G rollout commenced within a week of the July 16th contract signing.
- 08/12/2020
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7 5G Stocks That Will Lead the Next Technological Revolution
- [Editor's note: This article was updated on Aug. 10, 2020, to remove incorrect information on Ericsson.]It's true that fifth generation (5G) telecommunications is more an advertising line than a real thing for most people. But that is changing and 5G stocks are quickly becoming a hot investment theme.All major phone makers are making sure their newest models are 5G-ready. And telecom equipment makers are running a full speed to build out 5G equipment and networks around the globe.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhat's more, there's another feud between the U.S. and China on 5G technology. While China has been a leader in 5G development and has already woven into telecom systems in the rural U.S., Washington is voicing concerns over the security of the networking equipment.China says it's simply a ploy to hamstring Chinese companies, while U.S. and European companies catch up in the 5G market.Wherever the truth lies, there's plenty of opportunity with 5G stocks, since China's privately held Huawei isn't likely to run away with all the global 5G business. * 7 Travel Stocks to Buy Banking On Pent-Up Demand My selection of the best 5G stocks includes the following seven stocks: * Telefon AB LM Ericsson (NASDAQ:ERIC) * Samsung Electronics (OTCMKTS:SSNLF) * Digital Realty Trust (NYSE:DLR) * Corporate Office Properties (NYSE:OFC) * BCE Inc (NYSE:BCE) * AT&T (NYSE:T) * Verizon (NYSE:VZ)For an in-depth look at the biggest winners in the 5G revolution, InvestorPlace advisor Matt McCall's 5G Highway Super Portfolio considers many facets to the movement that investors are overlooking. But these seven stocks in particular remain among the best 5G stocks to buy. 5G Stocks to Buy: Ericsson (ERIC)Source: rafapress / Shutterstock.com One Huawei's major competitors in the 5G equipment space right now is this Sweden-based telecom firm.You may remember this company way back in the dotcom days (a whole 20 years ago!) when it was a juggernaut in setting up wireless networks around the globe and even offering some pretty popular mobile phones.After the dotcom bubble burst and the first wave of mobility was over and a number of companies saw opportunity in the sector and moved in, ERIC hung on for dear life. But now, Ericsson is again a leading 5G equipment provider, supporting 55 live 5G networks, in 27 countries, including China.ERIC stock is finally getting the attention it deserves, which means it's still one of the and it's up 35% in the past 12 months, near its 52-week high. There's plenty more growth to come. Samsung Electronics (SSNLF)Source: JPstock / Shutterstock.com There's little doubt that you haven't yet heard of this South Korea-based electronics giant.But it's not in this list because all of its mobile phones will be 5G-ready by the end of the year. Or that 90% of its phones will be Internet of Things (IoT) enabled.In fact, 5G is about much more than just faster mobile phone connectivity. It will enable the next steps in multiple technological revolutions, which is a large part of why identifying the best 5G stocks to buy is so important for today's investors.The biggest benefit of Samsung from a 5G perspective is its 5G chipsets. It is a massive chip maker.According to B2B networker BizVibe, Samsung is the largest semiconductor chipmaker by revenue in the world by a large margin. It has 44.8% of the global chip market, with Intel (NASDAQ:INTC) far behind in second place, with 15.5%.The fact is, Samsung makes chips for all its own devices as well as a lot of others. Its consumer electronics is its most obvious business but its dominance in chips is significant.And if its phones are all 5G enabled, it is also selling those chips to other phone makers.What's more, it also sells the networking equipment that makes 5G run. * 10 Small-Cap Stocks Ready to Become Large Caps SSNLF stock is a little more difficult to buy because it is only listed in South Korea, but its ADR is available and worth the trouble. SSNLF is up 33% in the past year and will be a strong player for many years to come. Digital Realty Trust (DLR)Source: Shutterstock This real estate investment trust (REIT) is one of the leaders in hosting secure, reliable and state of the art data center properties for cloud computing, artificial intelligence, financial services, healthcare and networking.In that laundry list you can include 5G networking equipment.DLR estimates that there will be 75 billion mobile phones in use by 2025. And by that point they will all be using 5G technology, which is 100x faster than current 4G technology. That's the difference between downloading a movie in 7 minutes with 4G, versus 10 seconds with 5G.That's a game changer. And DLR will be the company that carriers and networkers turn to for data centers that are ready for the coming 5G boom.With 280 data centers in 22 countries on 6 continents, Digital Realty Trust will be a major player.DLR stock is up 30% in the past year and still delivers a respectable 2.8% dividend. Corporate Office Properties (OFC)Source: Shutterstock This is another REIT that is in the office property and data center sectors, but it is less than a tenth of the market cap of DLR.However, it has a very specific niche that makes it a key 5G stock to consider. Specifically, it operates around the Washington, D.C. area to government agencies, defense and intelligence agencies and contractors.Its top 3 tenants include the General Services Administration (the U.S. government's real estate department) with 34% of total 2019 revenue, Amazon (NASDAQ:AMZN) at 7.9% and General Dynamics (NYSE:GD) at 4.9%.That is the ideal tenant in today's market. What's more, working with the defense and intelligence communities means OFC can build out secure data centers to exactly the specifications that their clients' need and know that they'll get pricing to make it profitable.However, as McCall reminds us, 5G "road builders" like OFC, DLR and others on this list are just the tip of the iceberg. They will be among the power players in the 5G revolution, but the key players he identifies with his research team are the ones that will drive on that road for years to come with their breakthrough technologies. * The 7 Best 5G Stocks to Buy Now OFC stock is off 5% in the past year, but it delivers a 4% dividend. And many analysts are beginning to upgrade the stock in recent weeks. BCE (BCE)Source: madamF / Shutterstock.com Investors often look to telecom stocks like BCE for income. After all, telecoms often pay some of the largest dividends. But that's not the only way to find income. My book, Income for Life details more than 60 different revenue streams anyone can collect.While you sift over all of those unique ways to make money, I'd also like to change the way you view BCE stock. Instead of looking at it as just a telecom stock, imagine its role in our upcoming 5G future.It has been a dominant carrier for almost 40 years, it's a household name and it doesn't have a ton of competition.BCE is the Baby Bell of Canada. For those of you too young to remember, AT&T (aka, Ma Bell) dominated the entire North American phone market until it was broken up into the "Baby Bells" in 1984 through an anti-trust lawsuit.Bell Canada Enterprises was formed in 1983 and remains one of Canada's largest companies and a dominant player in the nation's telecommunications industry.And now it's set to be one of the key road builders in 5G networks. In June, it launched the largest 5G network in Canada. It's using equipment from Nokia (NYSE:NOK), so there won't be any trade issues with the U.S. or Europe regarding its 5G infrastructure in the future.BCE stock is off a bit over 7% in the past year, but it has a 5.7% dividend and will be a reliable and important telecom stock in the long term. AT&T (T)Source: Jonathan Weiss/Shutterstock Ma Bell was such a powerful force before its breakup that there was a movie in the early 1970s where it was simply called (tongue in cheek of course) The Phone Company.After the breakup, AT&T lost its local markets, but kept its international markets and national U.S. market. No one was thinking about mobile phones back then, so they weren't in the deal.The Baby Bells had a good run until the mobile wave hit. And then AT&T dove back in and became a dominant player almost immediately.Today it has a market cap of $212 billion and is one of the bluest blue chips around. But it also has a lot more competition. That's why it has diversified into content and streaming services.All this has been new to this traditional telecom and it has proven to be a bumpy ride. But this is a long-term play. * 7 Travel Stocks to Buy Banking On Pent-Up Demand T stock is off 13% in the past 12 months, but it has a secure dividend of nearly 7%. There are some near-term concerns about consumer belt-tightening and defaults, but it will endure. Verizon (VZ)Source: Ken Wolter / Shutterstock.com This company was one of the Baby Bells that flourished after the breakup. Bell Atlantic, as it was called operated in a very important corridor -- Virginia to New Jersey.That meant it had all the U.S. government, all the New York businesses and offices in New Jersey, as well as Philadelphia and other key Mid-Atlantic business and population hubs.When the mobile telecom revolution hit, it went on an acquisition spree buying up mobile territories where weaker Baby Bells couldn't afford to launch mobile divisions.Soon it was neck and neck with AT&T and optimizing its fiber optic network to deliver content which directly competed with cable providers.It now carries a $240 billion market cap, yet trades at a price-to-earnings ratio of 12x. And it's the No. 1 mobile carrier in the U.S.
- 08/07/2020
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Nokia's new CEO adopts wait and see strategy in 'dream job'
- Nokia's new chief executive Pekka Lundmark said he will take time to re-acquaint himself with the Finnish telecom equipment maker before setting a strategy, as the company jostles for position in the highly political 5G race. U.S. government pressure to limit the use of China's Huawei presents an opportunity for Nokia as next generation technology is rolled out, but Lundmark would not be drawn. "Maintaining good relations with governments in pretty much all parts of the world is extremely important," Lundmark said in a video interview with Reuters on Friday.
- 08/07/2020
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Nokia Stock Is Breaking Out of Its Long Slump
- Nokia (NYSE:NOK) stock is on a nice little run as of late. The Finnish telecom equipment company is up 35% so far this year, including a 15% pop in Nokia stock since the company announced second-quarter earnings.Source: RistoH / Shutterstock.com Nokia's advancement comes despite the debilitating effects of the novel coronavirus, and despite the company's failure to win 5G business in China.But brighter skies are ahead. Nokia raised its outlook for the rest of 2020. And despite the China setback, I think Nokia is positioning itself to take advantage of the global rollout of 5G technology - a pretty exciting advancement that I think will be a game changer for many telecom companies.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Nokia Stock at a GlanceNokia reported second-quarter earnings on July 31 that included net profits of 311 million euros ($368.7 million), an increase of 21% from a year ago. * 7 Travel Stocks to Buy Banking On Pent-Up Demand The increase in profits came even while sales fell 11%, to 5.1 billion euros. Nokia said the drop in sales was a result of the Covid-19 pandemic, which weighed sales to the tune of 300 million euros.The other major factor that impacted sales was competition in China. Nokia's primary competitors in the telecom equipment space are Swedish company Ericsson (NASDAQ:ERIC) and the Chinese company Huawei.No doubt, Huawei enjoyed a lopsided home-field advantage in negotiating contracts in China. Nokia says its sales in China fell 41% in the quarter. It cited a "high level of competitive intensity" and its own "prudent approach" to making deals in China.Those are buzzwords for a company that came out on the losing side of a deal. But CEO Rajeev Suri, while speaking to analysts, did his best to put a positive face on the news."We have both a favorable product mix, more capacity, less deployment services, as well as regional mix with more North America and less China. While some of this will likely continue in the near term, we would expect it to be slightly less pronounced compared to the just-ended quarter."Sales in the company's Networks' segment fell 10% on a year-over-year basis; Nokia Software sales were down nearly 12%; Nokia Technology segment sales were down 11% and sales in the company's Group Common and Other segment were down 20%.On the plus side, Nokia says it ended the quarter with an improved cash position, holding 1.6 billion euros in net cash, which was up from 1.3 billion in the previous quarter. Free cash flow in the second quarter was also improved, at 265 million euros, compared to -1 billion euros in the same quarter a year ago. Looking Ahead for NokiaWhile Huawei was an unmovable obstacle for Nokia in winning 5G contracts in China, it's a big world. And Huawei isn't super-popular outside of Beijing's influence.The U.S. government has been anti-Huawei for a while now and is pressuring its allies to shun the Chinese telecom equipment company. That could help Nokia get more market share in western nations, although Ericsson will be a formidable opponent. InvestorPlace's Josh Enomoto lays out this case in detail.And it's not as if Nokia has been sitting still. The company said last week, it signed 83 commercial 5G deals around the world so far and has 32 live network deployments in hand. Why 5G Is So ImportantI'm really looking forward to the deployment of 5G wireless technology because I think it's going to change how we use the internet.Remember, 5G technology is 100% faster than 4G speeds. It will allow mobile devices to work as fast and efficiently as broadband cable modem speed.Just imagine - you'll be able to watch sports on any device without worrying about buffering. Online sports betting will be easier and faster - that will benefit companies like DraftKings (NASDAQ:DKNG) and companies like Penn National Gaming (NASDAQ:PENN). Movie studios and video game companies will put out better products and will be able to incorporate virtual reality.And in health care, 5G technology will make it easier for your doctor or nurse to make appointments and diagnose ailments without you going to the office.There's no doubt that when you think about it, 5G technology will be one of the biggest advancements in telecom in years. Creating the networks and the infrastructure for 5G networks is a huge business, and Nokia's going to be a big part of that. The Bottom Line on Nokia StockNokia has been around for a while, but the stock is cheap compared to where it was two decades ago. You can pick up Nokia stock for about $5 a share, while in 2000 it was more than $50.Now Nokia has a new boss coming in. Suri led Nokia for six years, but is handing the reins to Pekka Lundmark, who worked at Nokia from 1990 to 2000 and has spent the last two decades running an energy company, a heavy equipment provider and at a startup-focused venture capital firm.He comes into the CEO's office knowing exactly what's a stake. In a blog post, he wrote:"We stand at the cusp of the Fourth Industrial Revolution with 5G set to transform entire industries from health care to manufacturing, changing how we work and live, and giving us the opportunity to create economic prosperity and new jobs while caring more for our planet and improving the lives of people."He's right. Having someone with a venture capital background, with broad leadership in a number of fields, will help Nokia with its 5G rollout.If Lundmark can make Nokia a more nimble and aggressive company while pursuing 5G agreements, Nokia stock has a better-than-average chance of breaking out of longtime slump.Patrick Sanders is a freelance writer and editor in Maryland, and from 2015 to 2019 was head of the investment advice section at U.S. News & World Report. Follow him on Twitter at @1patricksanders. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Nokia Stock Is Breaking Out of Its Long Slump appeared first on InvestorPlace.
- 08/07/2020
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Ericsson, XL Axiata Ups 5G Cloud Core Solutions in Indonesia
- Ericsson (ERIC) collaborates with XL Axiata to deploy 5G-backed cloud core technology solutions for an advanced network infrastructure in East Indonesia.
- 08/03/2020
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CORRECTED-Nokia posts surprise Q2 profit rise ahead of CEO change
- Finnish telecom network equipment maker Nokia reported an unexpected rise in its second-quarter underlying profit on Friday, amid the COVID-19 pandemic as its new chief executive Pekka Lundmark takes over on Saturday. Lagging behind its rivals China's Huawei and Sweden's Ericsson in 5G network sales, Nokia said its April-June underlying earnings rose to 0.06 euros per share from a profit of 0.05 euros a year ago, beating the 0.03 euros consensus in a Refinitiv poll. Nokia, which had warned of a weak second quarter due to the virus, upgraded its forecast for 2020 underlying earnings per share to between 0.2 and 0.3 euros from 0.18 to 0.28 euros earlier.
- 07/31/2020
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Ericsson: 5G Winner By No Contest
- In the past 90 days Telcos worldwide have chosen to abandon Huawei as their 5G solution. Ericsson is increasingly becoming the vendor of choice, which will lead to growth and financial stability for the struggling company.
- 07/29/2020
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Did Hedge Funds Make The Right Call On Telefonaktiebolaget LM Ericsson (publ) (ERIC) ?
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- 07/28/2020
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Ericsson delivers first U.S. manufactured commercial 5G base station to Verizon
- Verizon (NYSE, Nasdaq: VZ) is the first recipient of a U.S. manufactured commercial 5G base station from Ericsson's (NASDAQ: ERIC) new state-of-the-art smart factory in Texas. The equipment is the first 5G base station produced by Ericsson in the U.S. and marks another significant milestone as Ericsson continues to strengthen its U.S. capabilities in 5G research, design, manufacturing and service delivery.
- 07/28/2020
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Ericsson to supply 24, 28 and 39 GHz mmWave equipment and services to U.S. Cellular
- Customers continue to need higher throughputs and lower latency. To meet those needs, U.S. Cellular (NYSE: USM) has chosen Ericsson (NASDAQ: ERIC) to provide 24, 28 and 39 GHz millimeter wave (mmWave) equipment and services to support consumer and enterprise 5G use cases. In addition, Ericsson will provide 4G Citizens Broadband Radio Service (CBRS) equipment and services as U.S. Cellular continues its 5G modernization program.
- 07/27/2020
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Nokia Lacks A Real Catalyst
- Nokia has struggled for years to grow revenues, and the shift to 5G networks isn't a catalyst. The company is at risk from losing a major customer with the potential for a pricing squeeze.
- 07/27/2020
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Can Nokia Stock Avoid Paying the China Price?
- The Finnish company Nokia (NYSE:NOK) is caught in the middle of the escalating tension between China and the United States. And that may spell trouble for NOK stock. For the better part of five years, Nokia stock has been in a long-term decline. Most of this was due to the company taking the very necessary step of reinventing itself. Click to EnlargeSource: RistoH / Shutterstock.com And 5G looked like it was going to provide the catalyst the company needed. However, just as the company's fortunes looked to be changing, the emerging global tensions with China present a threat and an opportunity and the question is which one will affect NOK stock the most? The World Is Coming to Grips with the China PriceIn 2008, I read The China Price: The True Cost of Chinese Competitive Advantage. The book was written by Financial Times correspondent Alexandria Harney. It went into great detail describing the competitive edge that China was generating from its factory economy. The book was a first-hand expose on things that, at the time, were somewhat controversial.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Cybersecurity Stocks We Need Now More Than Ever I'm typically not a person who puts much stock in long-term predictions. But I have to admit, this book caused me to rethink some of my pre-conceived notions. In fact, I remember editors rejecting sales letter proposals because my point-of-view was too contrarian for their tastes.Suffice it to say, I might want to dust off those proposals. Because the political climate today is very different. The United States and the world are beginning to understand how much the China price is exacting. And today the United States and China are openly hostile toward the other. What has started with an inconvenient, but ultimately benign trade dispute has escalated.I'm not wading into the origins of the novel coronavirus. That is a story that is above my pay grade and expertise. The major issue that affects Nokia as it relates to China is intellectual property. And that leads us to Nokia's problems with Huawei and China Mobile (NYSE:CHL). Nokia Is losing business from China MobileOn the one hand, Nokia is losing business from China Mobile. David Moadel wrote about the business that China Mobile is taking away from Nokia. One of the selling points for Nokia bulls was that it was winning 90% of its 5G contracts including those in China.But right now, as Moadel writes, investors may be more concerned about the company's ability to win back China's business. Particularly, since the business that's not going to Nokia is going to its competitors including Huawei and Ericsson (NASDAQ:ERIC). Huawei's Loss May Be Nokia's GainThomas Yeung wrote how Boris Johnson recently announced a ban on all new Huawei 5G equipment. The ban goes into place on Dec. 31, 2020. Furthermore, Digital Secretary Oliver Dowden is ordering all U.K. mobile providers to remove all Huawei equipment by 2027.And Jamie Johnson wrote that both France and Singapore have recently awarded business to Nokia and Ericsson instead of Huawei.Of course, Huawei is saying they may retaliate against both Nokia and Ericsson if the EU follows through on its actions. Is Now a Time to Buy NOK Stock?The issues that have emerged between the U.S. and China have existed for a long time. And now that the genie is out of the bottle, this is likely to be the story of the next decade. I suspect many companies will find themselves caught in the middle. And right now, that description seems to fit Nokia.But the question for investors in NOK stock is which narrative should they put more stock in? The narrative in which a combative China looks to freeze out companies that look to restrict trade. Or the opportunities that the company may gain from those restrictions.This would be an easier decision if Nokia had a sizable dividend. Unfortunately, the company cut its dividend in 2019 so value investors are not getting much reward for waiting on the stock. A positive earnings report may send NOK stock higher, but I would still be very cautious about diving into this opportunity.Chris Markoch is a freelance financial copywriter who has been covering the market for over five years. He has been writing for Investor Place since 2019. As of this writing, Chris Markoch did not hold a position in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Can Nokia Stock Avoid Paying the China Price? appeared first on InvestorPlace.
- 07/24/2020
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Ericsson: First Position In 5G By End Of Year
- Ericsson has won some key contracts both in radio access and core 5G. The company looks stronger in terms of products when looking at the competition.
- 07/24/2020
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Ericsson, Deutsche Telekom Sign Multi-Year 5G Deal; Analyst Bullish On ERIC
- Ericsson (ERIC) and Deutsche Telekom AG (DTEGY) have announced an expanded partnership with a new multi-year deal to deploy the service provider’s 5G Radio Access Network (RAN) across Germany.Under the terms of the deal, several mobile sites will be upgraded to the latest 5G technology standard over the next few years using Ericsson Radio System products and solutions. The 5G deal is in addition to a multi-RAN agreement following modernization of Deutsche Telekom’s 2G, 3G and 4G radio networks over the past two years.ERIC’s Spectrum Sharing solution will also be deployed, allowing Deutsche Telekom to dynamically manage 4G and 5G traffic in its network through efficient use of existing spectrum, enhancing coverage, performance and mobility.Claudia Nemat of Deutsche Telekom AG commented: “We are pleased to have found a leading 5G supplier in Ericsson as a partner, who has also convinced us in the past in the modernization of our mobile access network. After the reliable and on-time modernization, the bar for the 5G roll-out in the antenna network is naturally also high.”As well as public mobile networks, the two companies also work closely together when it comes to equipping industrial companies with private mobile networks, so-called campus networks. Most recently, the partners jointly equipped individual BMW and Osram (OSAGF) plant sites.Deutsche Telekom, the largest telecom service provider in Europe by revenue, has seen shares climb by 9% year-to-date, while Ericsson has surged 34%. Looking ahead, ERIC scores a Strong Buy Street consensus, with Deutsche Telekom showing a slightly more subdued Moderate Buy consensus.Speaking for the bulls, Charter Equity’s Edward Snyder wrote on July 17 “COVID notwithstanding, 2020 is playing out well for Ericsson.” He made the comment after Ericsson reported a $0.03 beat for the June quarter on strong 5G demand in North America and China. Impact from COVID-19 was minimal in the June period while demand for 5G equipment was strong in North America and China.Management doesn’t provide financial guidance, but according to Snyder, conference call comments suggest September period (3Q20) revenue and EPS of $6.3B and $0.17 respectively, above consensus revenue and EPS estimates of $6B and $0.15.The analyst continued: “The lumpy nature of network rollouts makes revenue timing difficult to predict, but between the timing of deployments in China, the U.S. and Europe and changes in the competitive environment, Ericsson’s fortunes in 5G are improving and already off to a strong start in 2020.” (See ERIC stock analysis on TipRanks)Related News: Logitech Ramps Up Annual Profit Outlook As Q1 Income Leaps 75% Synaptics Snaps Up DisplayLink For $305M In All-Cash Deal Texas Instruments Provides Upbeat Sales Outlook; Top Analyst Sees 18% Upside More recent articles from Smarter Analyst: * Check Point Profit Tops Estimates Fueled By Remote Work Push * Best Buy Pops 5% On Strong Online Sales; Top Analyst Ramps Up PT * Alphabet’s Waymo Expands Chrysler Partnership To Driverless Minivans * Two Harbors Ends Management Agreement, Citing Material Breaches
- 07/22/2020
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Deutsche Telekom and Ericsson strengthen partnership with 5G deal
- Deutsche Telekom chooses Ericsson for 5G Radio Access Network (RAN) deployment after Ericsson delivers successful modernization of their 2G/3G/4G networks
- 07/22/2020
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SoftBank Hands Ericsson Another 5G Victory in Japan
- SoftBank (OTC: SFTBY), the third-largest wireless carrier in Japan, recently chose Swedish communications equipment maker Ericsson's (NASDAQ: ERIC) 5G Core services -- which optimize network connections through cloud-based software -- to support its stand-alone 5G services.
- 07/21/2020
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Ericsson, SoftBank to Bring Cutting-Edge Technology in Japan
- Ericsson's (ERIC) dual-mode 5G Core provides container-based microservice architecture that will help SoftBank to develop novel business models.
- 07/21/2020
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Why Ericsson Is A Better Stock Than Nokia
- Ericsson posted strong 5G contract wins in the last quarter. Stock closed at a 52-week high, while Nokia is ~24% below highs.
- 07/20/2020
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Telefonaktiebolaget LM Ericsson (ERIC) Q2 2020 Earnings Call Transcript
- ERIC earnings call for the period ending June 30, 2020.
- 07/17/2020
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Why LM Ericsson Stock Jumped on Friday
- The Swedish telecommunications equipment and services veteran beat the Street's expectations in the second quarter.
- 07/17/2020
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Ericsson (ERIC) Beats Earnings Estimates in Q2, Shares Up
- Ericsson's (ERIC) second-quarter 2020 results reflect the positive contribution of 5G deployments in North-East Asia and business momentum in North America.
- 07/17/2020
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Dow Holds 650-Point Weekly Gain; Why Ericsson, Wingstop, Zoetis Hit Buy Points Today
- The Dow Jones Industrial Average had trouble padding its recent gains, yet the action in stocks today points to a market in a confirmed uptrend. While the Dow's opening gain of 0.3% was much smaller than some of its strong daily increases, and eroded during the first 45 minutes of trading, the 30-stock blue chip index continues to stay at five-week highs. At this week's high of 27,071, the Dow industrials have now risen 48% off its coronavirus stock market crash low of 18,213.
- 07/17/2020
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Recap: Ericsson Q2 Earnings
- Shares of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) rose 9.7% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share rose 33.33% year over year to $0.08, which beat the estimate of $0.07.Revenue of $5,743,000,000 decreased by 4.74% from the same period last year, which beat the estimate of $5,560,000,000.Guidance Earnings guidance hasn't been issued by the company for now.Telefonaktiebolaget L M hasn't issued any revenue guidance for the time being.Conference Call Details Date: Jul 17, 2020View more earnings on ERICTime: 03:00 AMET Webcast URL: https://www.ericsson.com/en/investors/events-and-presentationsPrice Action Company's 52-week high was at $10.0052-week low: $6.15Price action over last quarter: Up 27.72%Company Overview Ericsson is leading supplier within the telecommunications equipment sector. The company's three major operating segments are networks, digital services, and managed services. Ericsson sells hardware, software, and services primarily to communication service providers while licensing patents to handset manufacturers. The Stockholm, Sweden-based company derives sales worldwide and had 95,000 employees as of June.See more from Benzinga * Earnings Scheduled For July 17, 2020 * 13 Technology Stocks Moving In Tuesday's Pre-Market Session * Stocks That Hit 52-Week Highs On Monday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/17/2020
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Telefonaktiebolaget LM Ericsson (ERIC) CEO Börje Ekholm on Q2 2020 Results - Earnings Call Transcript
- Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) Q2 2020 Earnings Conference Call July 17, 2020, 03:00 ET Company Participants Peter Nyquist - VP & Head, IR Börje Ekholm - President, CEO & Director Carl Mellander - Senior VP, CFO & Head, Group Function Finance & Common Functions Conference Call Participants Edward Snyder - Charter Equity Research Aleksander Peterc - Societe Generale Daniel Djurberg - Handelsbanken Achal Sultania - Crédit Suisse Amit Harchandani - Citigroup Johanna Ahlqvist - SEB Sébastien Sztabowicz - Kepler Cheuvreux Peter Nielsen - ABG Fredrik Lithell - Danske Bank Sandeep Deshpande - JPMorgan Chase & Co.
- 07/17/2020
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MORNING BID-Pandemic versus policymakers
- This morning, markets seem to be hoping that news of soaring coronavirus fatalities in the United States, worsening Sino-U.S. ties, proposals for localised lockdowns from Israel to Australia and higher-than-expected U.S. weekly jobless claims will somehow go away. U.S. equity futures are up and European shares are around 0.3% higher. The Trump administration reportedly wants to ban Chinese Communist Party members and their families from visiting the United States, while Beijing accused Washington of "gangster logic".
- 07/17/2020
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Swedish earnings, Daimler support European stocks ahead of EU summit
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Ericsson Reports Second Quarter Results 2020
- Second quarter highlights
- 07/17/2020
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Telefonaktiebolaget LM Ericsson (publ) 2020 Q2 - Results - Earnings Call Presentation
- The following slide deck was published by Telefonaktiebolaget LM Ericsson (publ) in conjunction with their 2020 Q2 earnings call.
- 07/17/2020
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Ericsson Extends Partnership With Omantel for 5G Development
- Ericsson (ERIC) intends to support Omantel's commercial 5G deployment at key locations across Oman, including Salalah, Nizwa and Sur.
- 07/15/2020
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U.S. sanctions led to change in UK position on Huawei, says PM's spokesman
- Britain changed its position on using China's Huawei in its 5G network because of U.S. sanctions, a spokesman for Prime Minister Boris Johnson said on Wednesday when asked about President Donald Trump's comments that he was responsible. "The reason for the UK's change of position was the impact of the U.S. sanctions which were announced in May. Those sanctions were like nothing we had ever seen before, and led to the National Cyber Security Centre (NCSC) changing its assessments," the spokesman told reporters.
- 07/15/2020
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China says UK's 'dumping' of Huawei will hit investment
- China said on Wednesday that Prime Minister Boris Johnson's 5G ban on Huawei was disheartening and that other Chinese businesses had followed how the telecoms giant was "dumped" so investment would be hurt. "Now I would even say this is not only disappointing - this is disheartening," Chinese Ambassador Liu Xiaoming told the Centre for European Reform, adding that Britain had "simply dumped this company". "The way you are treating Huawei is being followed very closely by other Chinese businesses, and it will be very difficult for other businesses to have the confidence to have more investment," he said.
- 07/15/2020
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China says those who see China as hostile are wrong
- China's envoy to Britain said on Wednesday that those who see China as a hostile state have got it all wrong and cautioned European Union states not to interfere in China's domestic affairs over Hong Kong. "Those who see China as systematic rival or as a potentially hostile state have got it all wrong - they have chosen the wrong target and they are heading in the wrong direction," Ambassador Liu Xiaoming told the Centre for European Reform.
- 07/15/2020
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UK minister on Trump's Huawei remark: 'We all know Trump don't we'
- A senior British minister on Wednesday denied that U.S. President Donald Trump was responsible for Britain's 5G ban on Huawei, saying the decision was a considered one despite attempts by some individuals to claim credit. Britain announced on Tuesday it would purge Huawei equipment from 5G by the end of 2027, with Trump saying hours later that: "We convinced many countries, many countries, I did this myself for the most part, not to use Huawei, because we think it is an unsafe security risk, it's a big security risk." Asked about the remark, British Health Secretary Matt Hancock told Sky News: "Well we all know Donald Trump don't we."
- 07/15/2020
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Omantel Selects Ericsson for 5G Network Expansion
- Omantel has selected Ericsson (NASDAQ: ERIC) to support the Sultanate's ongoing 5G radio access network (RAN) deployment plans in a multi-year partnership.
- 07/15/2020
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Trump on UK's Huawei ban: 'I did this myself'
- U.S. President Donald Trump said that he was responsible for Prime Minister Boris Johnson's decision to ban Huawei from Britain's 5G network from the end of 2027. On Tuesday, Johnson ordered Huawei equipment to be purged completely from Britain's 5G network by the end of 2027, risking the ire of China by signalling that the world's biggest telecoms equipment maker is not welcome in the West. "We convinced many countries, many countries, I did this myself for the most part, not to use Huawei, because we think it is an unsafe security risk, it's a big security risk," Trump said, before referring to the UK ban.
- 07/15/2020
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What's in Store for Ericsson (ERIC) This Earnings Season?
- Ericsson (ERIC) expects Q2 to have seen a softer performance of the company than normal due to the timing of strategic contracts and uncertainty induced by the COVID-19 pandemic.
- 07/14/2020
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UK on Huawei alternatives: We need to protect existing vendors and get new supplies
- Britain's culture minister said telecoms firms Ericsson and Nokia need to be protected as alternatives to Huawei after announcing plans to ban the Chinese firm from Britain's 5G network. "We are already working with all our Five Eyes partners on those alternatives," Oliver Dowden told parliament, referring to cooperation between the group of allies comprising the U.S., Britain, Canada, Australia and New Zealand.
- 07/14/2020
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Ericsson to Deploy Private Mobile Network in Paris Airports
- The deal is likely to enable Paris airports to scale up traditional wireless networks, leveraging the technological prowess of Ericsson (ERIC).
- 07/13/2020
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3 Catalysts To Take S&P 500 Lower: Biden Veep, Tesla, Next Stimulus Bill
- The higher we get, the more concerned I get for the overall health of the trading environment. For the S&P 500, 3,233 is the high-water mark.
- 07/12/2020
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Nokia Stands to Gain From 5G Spending. And Its Stock Is Cheap.
- The struggling telecommunications maker stands to benefit as wireless operators upgrade their networks. Resistance to rival Huawei also helps.
- 07/10/2020
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Ericsson Continues to Be a Better Buy Than Its Finnish Rival
- It's been a long time since I've written about Ericsson (NASDAQ:ERIC), the Stockholm-based 5G play. It was March 2, to be precise. On that occasion, I recommended that investors consider two ETFs as alternative bets on 5G and ERIC stock.Source: rafapress / Shutterstock.com Eight days later, I covered Nokia (NYSE:NOK). I argued that the CEO's departure hindered the company's progress in 5G. As such, I wasn't a believer in its stock. Despite the change, it has managed to gain some ground in the four months since. At this point, both ERIC and its Finnish rival have market capitalizations within shouting distance of each other. If you own ERIC, I believe you own the better of the two stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHere's why. Forget 5G and Focus on the FinancialsDon't worry. We'll get to the 5G discussion shortly. I just wanted to make sure we were on the same page about each companies' financial footing before covering off the opportunities and threats to both of their 5G ambitions.When it comes to a company's financials, I'm always interested in its ability to generate cash. If you're bringing in more cash than you're sending out, you can still live to fight another day. That's why investors love Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT). They're cash-flow machines. * The 7 Best Stocks to Invest in Right Now As for Ericsson and Nokia, here's how they shake out.According to Morningstar, in the trailing 12 months ended March 31, 2020, it has a free cash flow of 9.14 billion Swedish kronor ($1 billion), an enterprise value of $31 billion, and an FCF yield of 3.2%. As for Nokia, it has a free cash flow of 600 million euros ($678 million), an enterprise value of $22.6 billion, and an FCF yield of 3%. From this valuation perspective, they're very close. Let's move to their respective cash positions. Nokia had 6.59 billion euros ($7.45 billion) in cash at the end of Q1 2020 and 5.96 billion euros ($6.74 billion) for a net cash position of $710 million. Ericsson, meanwhile, had 57.29 billion Swedish kronor ($6.21 billion) in cash and 51.24 billion Swedish kronor ($5.56 billion) for a net cash position of $650 million. Could you get any closer?Based on a market cap of $31 billion, Ericsson is trading at 47.7 times net cash, while Nokia is trading at 32.5 times net cash. There's a reason why Ericsson has a slightly higher valuation than Nokia. Care to guess what it is? ERIC Stock and 5GInvestorPlace's Jamie Johnson recently discussed the pros and cons of ERIC stock. Two out of three pros were 5G-related. "For investors looking to capitalize on the shift to 5G, Ericsson is certainly one of the best options available. The company continues to expand its market share and strengthen its position in China," Johnson wrote July 7. "In June, the company announced that it was awarded contracts from the three largest operators in China. This will help position the company as one of the largest 5G vendors and will help drive future contracts."She went on to highlight Ericsson's first-quarter results, which included a 5% increase in sales of its Networks segment, to $3.47 billion with a 140 basis point bump in its gross margin to 44.6%. Thanks in large part to 5G, its overall gross margin in the quarter increased 190 basis points to 40.4%. The Bottom Line on ERIC StockSure, there is short-term weakness in its business due to the novel coronavirus. Still, as InvestorPlace contributor Eric Fry pointed out recently, America is ready for an infrastructure revitalization led by 5G."Ericsson is at the right place at the right time. Governments are spending money to try to get their economies up and running again. And due to the quarantine, mobile networks are now a top priority. With Chinese manufacturers sidelined, Ericsson has a golden opportunity to cash in on these trends," Fry wrote July 7. I don't think there's any question that ERIC stock will benefit from 5G. I also think you can say the same thing about Nokia. So, the question is which company do you believe will benefit most from the impending infrastructure spending?I believe Ericsson is the answer. That said, if 5G is your play, there are better options available -- First Trust Indxx NextG ETF (NASDAQ:NXTG) comes to mind -- than these two Scandinavian rivals. Will Ashworth has written about investments full-time since 2008. Publications where he's appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Ericsson Continues to Be a Better Buy Than Its Finnish Rival appeared first on InvestorPlace.
- 07/10/2020
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Ericsson Stock: Still A Buy Despite the Panda Worries
- Networking gear companies have been having a decent year. Ericsson (NASDAQ:ERIC) stock, in fact, recently hit $10 and approached its highest level since 2016.Source: rafapress / Shutterstock.com Despite the slowdown in spending thanks to the novel coronavirus, the 5G mega-trend continues to advance. It's inevitable that mobile providers will need to offer 5G over the next few years. As there are only a few capable suppliers of networking equipment, this has created a favorable situation for Ericsson and Nokia (NYSE:NOK).However, Ericsson stock sold back off this week. Traders are reacting to the news that Ericsson may have a security vulnerability in its 5G equipment. Much of Ericsson's positive momentum has come from governments picking Western suppliers instead of Huawei or other Chinese companies.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNow, however, Ericsson's 5G equipment may face similar hacking risk due to its reported use of Chinese-produced components. Here's what you need to know. Ericsson Runs Into Trouble in AustraliaRecently, the Daily Mail reported that Ericsson may be inadvertently using non-secure networking equipment in Australia. The article said that Ericsson's joint venture with Panda Electronics Group exposes the products to risk. * The 7 Best Stocks to Invest in Right NowThe U.S. Department of Defense recently revealed that Panda has hidden ties to unsavory governments, including North Korea. Additionally, the Department of Defense alleges that the Chinese government and military has a controlling or affiliated position with Panda.This makes Panda a risk factor for 5G products. In this case, Panda may supply Ericsson with components for 5G antennas.An Ericsson spokesperson said that it knew about the Department of Defense's statement regarding Panda. However, Ericsson felt that it was not a major concern, since 5G antenna don't fall under a military use category and thus are less vulnerable targets. Ericsson also stated that despite the joint venture, it isn't currently sourcing components from Panda.Members of the Australian government disagree with this view, however, and are calling for more scrutiny into the 5G supply chains of European companies in addition to Huawei. 5G Security: Data Theft Is A Vital IssueThe recent issues in Australia highlight a broader point. The supply chains for European and U.S. companies have become reliant on cheap components manufactured in China. As the world becomes increasingly digital, particularly with the Internet of Things, this potentially allows hackers to disrupt vast portions of the world.A vulnerable component may not have mattered in the old 3G world. But now, with everything online, a security weakness could be exploited to a previously unthinkable degree. It's already happening more than you may realize.For example, on Tuesday, FBI director Christopher Wray said:"The people of the U.S. are the victims of what amounts to Chinese theft on a scale so massive that it represents one of the largest transfers of wealth in human history. If you are an American adult, it is more likely than not that China has stolen your personal data."This mass theft of Americans' personal data has happened even before broad 5G rollout. What happens if Ericsson or Nokia deploy 5G with vulnerable components around the world? It's a question that lawmakers must grapple with. ERIC Stock Can Turn This Vulnerability Into OpportunityFBI director Wray continued, saying that: "Instead of engaging in the hard slog of innovation, China often steals American intellectual property and then uses it to compete against the very American companies it victimized, in effect cheating twice over."Ericsson isn't American, of course, but the same general principle applies for European companies. Ericsson now appears to be a victim of this development. Its trusted partners, such as Panda, may be holding the company back by potentially exposing customers to hidden security risks.That's obviously bad for ERIC stock in the short run. However, it highlights the need for Europe and the U.S. to invest heavily in building their own secure technological supply chains for key infrastructure. This, in turn, could give Ericsson a much broader playing field.Once governments start spending enough money to create robust telecom networks rather than relying on cheap outsourced gear, it should give Ericsson and Nokia room to create top-notch products at correspondingly agreeable profit margins.After years of telecom picking the cheapest options, regardless of the drawbacks, a new era is dawning. This should allow Ericsson to focus on making better products, instead of just engaging in an endless race to the bottom against offshore competition. ERIC Stock VerdictThis development out of Australia adds a new twist to the Ericsson story. On the one hand, it's clearly a negative that the company's products may be vulnerable to security breaches or hacks. On the other, it emphasizes the sensitive nature of the espionage and data security concerns between China and Western nations.Momentum seems to be building both in the U.S. and Europe for a complete overhaul of sensitive technological supply chains. Ericsson and Nokia may need to tighten their supplier standards in order to achieve the highest levels of trustworthiness.That should still work out all right, however. It's increasingly hard to imagine Huawei regaining significant 5G market share in the U.S. or Europe given the increasing security tensions. Yet, 5G network rollouts need to carry on one way or another.Despite the bumps in the road, Ericsson will be a major part of telecom companies' plans. ERIC stock recently reached new highs, and it should continue its upward trend in coming months.Ian Bezek has written more than 1,000 articles for InvestorPlace.com and Seeking Alpha. He also worked as a Junior Analyst for Kerrisdale Capital, a $300 million New York City-based hedge fund. You can reach him on Twitter at @irbezek. At the time of this writing, he held no positions in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Ericsson Stock: Still A Buy Despite the Panda Worries appeared first on InvestorPlace.
- 07/10/2020
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Nokia launches data centre networking tools, developed with Apple
- Finland's Nokia launched a set of tools on Thursday for data centre networking, developed in cooperation with Apple Inc, to help companies to manage the growth in traffic as 5G and machine learning technologies roll out. As the usage of 5G networks expands, vast quantities of data will be generated as more household appliances and other machines are linked up with sensors and artificial intelligence tools, creating the so-called "internet-of-things". Nokia, which competes against China's Huawei and Sweden's Ericsson to build 5G networks, has been broadening its portfolio by adding open interfaces to its 5G equipment and launching new networking products.
- 07/09/2020
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Invitation to Media and Analyst Briefing for Ericsson Q2 2020 Report
- Ericsson's (NASDAQ: ERIC) financial report for the second quarter 2020 will be published at approximately 7:00 AM CEST on July 17, 2020.
- 07/09/2020
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What Makes Ericsson (ERIC) a Promising Investment Option?
- With healthy fundamentals and upward estimate revisions, Ericsson (ERIC) appears to be an enticing investment option for the volatile market.
- 07/08/2020
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The Zacks Analyst Blog Highlights: Ericsson, NVIDIA, Marvell Technology, Ciena and Qorvo
- The Zacks Analyst Blog Highlights: Ericsson, NVIDIA, Marvell Technology, Ciena and Qorvo
- 07/08/2020
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Ericsson (ERIC) Rolls Out Standalone 5G Network Facilities
- The Standalone 5G solution will enable carriers to augment their network capabilities with a simpler architecture, low latency and fast response times.
- 07/06/2020
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China should adhere to international law over Hong Kong citizenship route - UK PM's spokesman
- Britain expects China to adhere to international law, a spokesman for Prime Minister Boris Johnson said on Monday when asked what London could do if Beijing prevents those in Hong Kong with British National Overseas (BNO) status from leaving. Britain has offered a path to citizenship for around 3 million people in Hong Kong, its former colony, after declaring that China had broken the terms of a 1984 handover treaty by imposing a new security law this week.
- 07/06/2020
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New Ericsson Software Makes the Shift to Standalone 5G Easier
- Communications service providers can now tap the full potential of 5G New Radio (NR) technology with the commercial availability of Ericsson (NASDAQ: ERIC) Standalone 5G NR software for 5G mid- and low bands. The software became globally available to all customers in June.
- 07/06/2020
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Is Ericsson (ERIC) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 07/03/2020
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Ericsson Powers Taiwan 5G Ecosystem With Chunghwa Telecom
- Ericsson (ERIC) partners with Chunghwa Telecom to capitalize on its technological prowess and deploy seamless 5G network technology with advanced solutions for better customer experience.
- 07/02/2020
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New Ericsson AIR Solutions to Accelerate 5G Mid-band Deployment
- Communications service providers can now deploy mid-band 5G networks faster and on a wider scale without adding to their site footprint, thanks to two new Ericsson (NASDAQ: ERIC) antenna-integrated radio (AIR) solutions.
- 06/30/2020
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Ericsson to Power Liberty Latin America's Modernization Drive
- The three-year deal is likely to enable Liberty Latin America to scale up traditional wireless networks, leveraging the technological prowess of Ericsson (ERIC).
- 06/29/2020
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Nokia wins Taiwan Mobile 5G contract worth $450 mln
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Nokia: Early Signal From New Management
- There is a top management overhaul currently underway in Nokia. Investors have questions as to the future. I use a SWOT analysis and portfolio optimization matr
- 06/28/2020
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10 Value Stocks to Keep on Your Short List
- Once again, value stocks are underperforming. For most of the bull market that ended in March, growth names were in favor. In the recovery from mid-March lows, once again high-valuation, high-growth stocks have led the way.At some point, presumably, that will change. Growth names no doubt have benefited from lower interest rates, which have brought capital into the equity markets and, at least in theory, increase the value of out-year profits. But there is a point where valuations, even for the market's biggest winners, will have to matter. With the NASDAQ Composite now positive year-to-date despite a global pandemic, that point may be arriving soon.In the meantime, some caution is advised. Cheap stocks in recent years generally have stayed cheap. But, as always, the wheel will turn, and when it does there are value stocks with solid upside potential.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Consumer Stocks to Buy to Ride the Post-Covid-19 Wave Here are 10 value stocks to watch for investors looking toward that end of the market: * Dell Technologies (NYSE:DELL) * Knoll (NYSE:KNL) * Ericsson (NASDAQ:ERIC) * Dollar Tree (NASDAQ:DLTR) * Mastercraft Boat Holdings (NASDAQ:MCFT) * Photronics (NASDAQ:PLAB) * Capri Holdings (NYSE:CPRI) * Facebook (NASDAQ:FB) * Bristol-Myers Squibb (NYSE:BMY) * John B. Sanfilippo & Sons (NASDAQ:JBSS) 10 Value Stocks: Dell TechnologiesSource: Jonathan Weiss / Shutterstock.com DELL stock jumped 8% on Wednesday on news that the company was considering a spin-off of its stake in VMware (NYSE:VMW). But even with that gain, there's plenty of potential upside ahead, at least on paper.After all, Dell's 81% stake in VMware is worth more than Dell's current market capitalization. Debt on Dell's balance sheet explains that to some extent, but even accounting for those borrowings, the non-VMware businesses are assigned an absurdly cheap valuation.One potential reason why is Dell's history. The company has been through two bruising buyouts. As a result, some investors don't trust founder Michael Dell and private equity partner Silver Lake.That's why the reports on Wednesday moved the stock so sharply (though VMW did rally as well). A VMware spin-off seems like the purest way for DELL shareholders to realize the value inherent in a "sum of the parts" case. If optimism toward a realization of that case grows, DELL shares should continue to rise. KnollSource: Shutterstock As the market turned south in February, KNL stock was one of the biggest losers. Its price went from $26 in mid-February to below $10 a month later. Though the stock has rallied 50% from the lows, a recovery to a current price below $12 still seems rather muted.There are obvious challenges here. Knoll is best-known for its office furniture business. That business will face short-term headwinds from the coronavirus pandemic; 2020 orders are likely to be down substantially.But there's also a mid-term headwind, as companies like Facebook and Shopify (NYSE:SHOP) plan for a significant amount of employees to work remotely even once normalcy returns. Smaller office footprints suggest order weakness can last for some time. In a worst-case scenario, the industry may well have peaked.That said, 58% of the company's profit in 2019 actually came from its Lifestyle segment. That business does have some office exposure as well. But it also serves ultra-high-end residential markets -- markets that are likely to see resilient demand going forward. * 7 Housing Stocks That Are Worth Your Money Knoll will need some time to right-size the office business. 2020 and likely 2021 results are going to be soft at best. But over the long term, there's a chance for the company to claw back at least some of its losses from February levels -- which still leaves a path to double-digit annual returns. EricssonSource: rafapress / Shutterstock.com Investors looking for value stocks with exposure to 5G wireless tend to look past ERIC. Nokia (NYSE:NOK) gets significantly more attention. Qualcomm (NASDAQ:QCOM) is a perennial "buy the dip" candidate. Even Cisco Systems (NASDAQ:CSCO), despite underperforming in recent years, is called out as a 5G pick.But I wrote in February that ERIC stock looked like the best play in 5G. With shares at a similar price at the moment, I still think that's the case. Ericsson clearly has out-executed Nokia, giving it a better chance of capitalizing on the political pressure facing China's Huawei. Qualcomm's still-contentious relationship with Apple (NASDAQ:AAPL) creates a risk to its bull case. Cisco's 5G business isn't yet big enough to really move the needle for that networking giant.To be sure, Ericsson has had its own struggles over the long haul: shares are actually down 17% over the past decade. But 5G could be a game-changer, and ERIC is cheap enough to see significant upside if that indeed proves to be the case. Dollar TreeSource: digitalreflections / Shutterstock.com The safe bet in dollar stores is Dollar General (NYSE:DG). Dollar General long has proven its bona fides as one of the country's best retailers.But a 22% rally so far this year leaves DG stock at all-time highs -- and at a valuation much higher than historical levels. Higher unemployment perhaps suggests a mid-term tailwind, but there's a case that the easy money has been made.That leaves DLTR stock as an intriguing value play. The company hasn't executed nearly as well as its larger rival. The acquisition of Family Dollar did not work out the way Dollar Tree management projected. As a result, DLTR stock has gained just 14% over the past five years. DG stock has soared 137%.But for investors focusing on value stocks, there's an intriguing case for DLTR stock at this point. The fiscal first quarter earnings report handily beat analyst estimates, leading shares to soar. But the gains have been given back in recent weeks. Valuation is much more conservative, at just 16x forward earnings. Weaker Family Dollar stores are being closed, and execution is slowly getting better. * 7 of the Best Penny Stocks to Buy Now Again, the safe bet is with stronger Dollar General stock. But while DLTR has more risk, it also has more potential reward. Mastercraft Boat HoldingsSource: Shutterstock Investors dumped boating stocks in a hurry in February and March. The coronavirus seemed likely to have a significant economic impact, which would hit demand.But the sector has rallied just as fast: MCFT stock has more than tripled from the lows. The stock now is handily in the green so far this year, and it's not alone: the same is true for larger rival Brunswick (NYSE:BC) and fellow performance boat manufacturer Malibu Boats (NASDAQ:MBUU).The sector is gaining because it appears the pandemic actually has helped the industry. High-income individuals, many of whom have kept their job, have put funds allocated to travel or events toward the purchase of new boats. More may follow.If that bull case plays out, MCFT stock should have still more upside ahead. It remains much cheaper than both MBUU and BC (neither of which is particularly expensive). Shares trade at about half their 2018 peaks.To some extent, the easy money in MCFT probably has been made. But it's too conservative to believe the rally is at an end. PhotronicsSource: Shutterstock For years, Photronics stock couldn't hold its gains. The stock repeatedly cleared $10, and occasionally challenged $12, but each time wound up pulling back.The pattern seemed to finally end late last year. The manufacturer of photomasks used in semiconductor production saw its stock bust out to a 13-year high above $16. Optimism toward two new facilities in China, which would serve that country's growing domestic industry, was a key catalyst.Of course, the coronavirus upended those plans. PLAB stock started fading in January, and a bounce from March lows has reversed. Once again, the stock is back below $11.But that weak trading comes in the context of a chip sector that has actually performed rather well in 2020, all things considered. The Philadelphia Semiconductor Index is up over 5% year-to-date. PLAB stock, however, is off 32%. * 7 Emerging Markets ETFs for Adventurous Investors Trade war concerns might account for some of that underperformance relative to the sector. It can't account for all of it, however. It remains to be seen whether Photronics stock finally can hold $12, but it seems a reasonable bet it will at least have a chance to try. Capri HoldingsSource: Chrispictures/Shutterstock.com Capri stock looks exceptionally cheap. But it might well be the highest-risk stock on this list.After all, there's an almost surefire way to lose money over the past few years: own a retailer with significant debt on the balance sheet. Whether it's a play like Michaels Stores (NASDAQ:MIK) or The Container Store (NYSE:TCS), 'cheap' earnings multiples have not been enough.That was true for CPRI stock as well even before it turned further south in 2020. The legacy Michael Kors business is posting revenue declines. Profits at the Jimmy Choo and Versace units are taking a short-term hit as the company invests behind those brands.But investors have written off Capri to a degree that seems potentially unwise. Both the Jimmy Choo and Versace brands should be resilient. Capri's long-term targets suggested it could get earnings per share past $6; something above $4 probably gets the stock at least above $25 against a current $15.Again, retail has been a disaster zone for investors for years now, with mostly value traps and very few actual value stocks. This time may not be any different. But even with that caveat, CPRI is at least intriguing. FacebookSource: Ink Drop / Shutterstock.com At this point, investors might quibble with putting Facebook stock into the category of value stocks.
- 06/26/2020
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Ericsson (ERIC) in Focus: Stock Moves 5.3% Higher
- Ericsson (ERIC) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.
- 06/26/2020
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Wall Street Breakfast: Devastating Scandal Brings Wirecard To Its Knees
- Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. German payments compa
- 06/25/2020
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Ericsson (ERIC) Stock Moves -1.74%: What You Should Know
- In the latest trading session, Ericsson (ERIC) closed at $9.03, marking a -1.74% move from the previous day.
- 06/24/2020
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Top Ranked Growth Stocks to Buy for June 24th
- Top Ranked Growth Stocks to Buy for June 24th
- 06/24/2020
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Hrvatski Telekom Croatia Selects Ericsson as Sole 5G RAN Supplier
- Ericsson's Croatian associated company Ericsson Nikola Tesla (ZSE: ERNT-R-A) has been selected by Croatian communications service provider Hrvatski Telekom as its sole supplier of 5G Radio Access Network (RAN) products and services until 2024.
- 06/24/2020
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U.S. offers Brazil funding to buy 5G gear from Huawei rivals -diplomat
- The U.S. government is prepared to help finance in telecom companies in Brazil and other countries to acquire fifth-generation technology that is not provided by "untrusted" Chinese companies, its top diplomat in Brazil said on Tuesday. Ambassador Todd Chapman said Ericsson, Nokia Oyj and Samsung were companies that have successfully provided "appropriate" 5G technology that adequately protects information, data flows and intellectual property. The funding would come from the U.S. International Development Finance Corporation (DFC), a government agency that provides financing for private development projects, he said.
- 06/23/2020
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4 Likely 5G Winners from President Trump’s $1 Trillion Infrastructure Plan
- By now, I'm assuming you've heard about President Trump's plan to jump-start the U.S. economy by spending $1 trillion on an "infrastructure plan." You really should have heard of it by now... because he's been promising it for about four straight years. But could 2020, with its arrival of a coronavirus and a recession that's cost more than 40 million Americans their jobs, be the year that it finally happens?Maybe.In Rosenblatt's latest report on the subject, analyst Ryan Koontz admits that there have been "years of infrastructure talk from all sides and surprisingly little to show for it." But he also argues that passing an infrastructure bill, as an economic stimulus measure to get people back to work and help restart the economy, "makes sense" and is "broadly favored in public polling," suggesting that 2020 could be the year there's enough public support to get such a plan through Congress.Moreover, the infrastructure bill now being mooted in the White House could be about more than just building roads and bridges. In addition to such steel-and-concrete projects, Koontz observes that the White House wants additional spending to accelerate the rollout of 5G wireless networks to form "a meaningful part in the bill." If this comes to pass, then high-tech firms helping to build the 5G infrastructure could become major beneficiaries of a $1 trillion infrastructure plan.Which high-tech companies in particular? Koontz identifies four likely targets: Ciena (CIEN), CommScope (COMM), Ericsson (ERIC), and Nokia (NOK).In Koontz's view, a $1 trillion infrastructure plan could begin accelerating spending on 5G infrastructure as early as next year, and increase spending by internet providers such as AT&T; (T), Verizon (VZ), and T-Mobile (TMUS) by an average of 30% annually through 2023. This spending would flow to the infrastructure builders (Ciena, et al).In 2020 the scenario Koontz describes, CommScope would probably be the biggest beneficiary in terms of revenue growth, growing its revenues collected from the big telcos by as much as 50% that year alone. Ciena would be second in line, growing revenues perhaps 42%, followed by Ericsson (30% revenue growth) and Nokia (25%). Other networking infrastructure companies such as Cisco (CSCO), Juniper (JNP), and Infineon (IFNNY) would benefit, too, albeit to a lesser extent.As for which of these 5G infrastructure plays Rosenblatt likes best, Koontz leans towards Ciena, which he says has "strong exposure to hyperscale and 5G programs," is the market leader in optical networking outside of China, and likely to win market share globally as non-Chinese telcos shun use of equipment manufacture by China's Huawei has.Koontz is also impressed with Ciena's recent improvements in profitability. Indeed, over the past five years, operating profit margins at Ciena have more than doubled, from 5.5% to 12.4% (over the last 12 reported months). Applied to a 50% increase in annual revenue ($3.66 billion), this has led to an explosion in profits at Ciena, which topped $321 million over the past 12 months -- versus just $12 million earned in 2015.When you consider furthermore that Ciena's free cash flow for the same period -- $381 million -- is running nearly 20% ahead of reported profits, it's pretty clear why Koontz rates Ciena a "buy" alongside a $64 price target. CIEN's Strong Buy consensus rating is based on an impressive 12 Buy ratings indicating confidence in the stock. Only four analysts rated it a Hold. The average price target of $61 and change implies a 12.5% upside potential from the current share price of $65. (See CIEN stock-price forecast on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
- 06/22/2020
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Telefonaktiebolaget LM Ericsson (publ) (ERIC): Hedge Funds Are Nibbling
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- 06/19/2020
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Deutsche Telekom: We oppose blanket bans on foreign vendors
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Long-Term Investors Should Consider Buying the Dips in Nokia Stock
- So far in 2020, Nokia (NYSE:NOK) stock is up over 15%. Yet that number tells only half the story. On March 18, NOK stock hit a 52-week low of $2.34. Now, it is hovering at $4.3. Put another way, if you were brave enough to invest $1,000 in the shares in late March, your investment would have gove over $1,800.Source: RistoH / Shutterstock.com Many investors are now wondering if they should chase the recent move up in the group. Therefore today, I'll take a closer look at whether Nokia stock should belong in a long-term portfolio.In the coming days, short-term profit-taking will likely push the stock toward or even $4. In case of such a potential price decline, market participants with a 2-3 year time horizon may consider investing in the Finnish technology group in the long run.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Nokia Stock May Become a 5G WinnerMany InvestorPlace readers will be familiar with how Finland-based company could not compete against the iPhone iOS and Android in the last decade. In the late 1990s, Nokia was the biggest phone manufacturer in the world. Yet, the company became a laggard in the transition to the smartphone market. * 10 Robotics Stocks on the Technological Cutting Edge In 2013, Nokia sold its mobile business to Microsoft (NASDAQ:MSFT). Since then, it has been redefined itself as a networking company, and more recently, a 5G-equipment company.The group now divides revenue in four segments: * Networks (around 77% of revenue) * Software (around 12% of revenue) * Technologies (around 7% of revenue) * Group common and other (around 4% of revenue)Management is quite optimistic that going forward, 5G technology will likely drive Nokia's growth. Yet in 2019, Nokia stock price suffered from slower-than-expected 5G equipment sales. Nokia stock started 2019 at about $6 and finished shy of $4, losing over 35%.Although earnings in 2020 have not necessarily been cheerful, there has been an improvement over 2019. First-quarter results showed revenue of 5.36 billion euros. At the same time last year, revenue had been 5 billion euros. The reported loss came at €100 million compared with a loss of €442 million in Q1 2019.The year-over-year improvement was primarily thanks to higher gross profit in networks and software segments as well as cost savings.Nokia's P/S ratio currently stands at 0.93. The metric puts the company at a favorable long-term position from a risk/return perspective. Coupled with the 5G growth prospects, it also gives long-term investors reasonable hope that the stock does not have to be mired in single-digit status forever. Who Are Nokia's Customers?The group sells hardware to wireless carriers and licenses its patents to handset and chipset vendors. Its most valuable customers are communication service providers globally.In 2019, Nokia signed several vital deals with major providers across the globe to introduce 5G networks in various countries, including Austria, Egypt, New Zealand, Norway, Saudi Arabia, South Africa, and Switzerland.Also stateside, it has been in partnership with Sprint, which has now fully merged with T-Mobile (NASDAQ:TMUS), which is currently expanding its 5G reach, too. Network equipment by Nokia, as well as by Sweden-based Ericsson (NASDAQ:ERIC), is used widely in the U.S. market.In recent days, Nokia also won two separate contracts with China-headquartered Baidu (NASDAQ:BIDU) and Tencent (OTCMKTS:TCEHY). Meanwhile, as we discuss the potential for growth in 5G for companies like Nokia, we'd need to pay attention to Chinese telecom giant Huawei, too.It is is the world's number one telecom supplier and number two phone manufacturer. The company started making headlines as it got caught in the trade war between the U.S. and China.At present Huawei's future in North America and Europe is not clear. In recent weeks, the U.K. has joined other western governments to announce that it will likely restrict access to Huawei. Therefore many analysts agree that Nokia can win more 5G contracts in these jurisdictions. And that would support Nokia stock in the new decade. Profit-Taking Could Derail NOK Stock in the Short RunIn early Jan. 2020, Nokia stock was hovering around $3.8. Then came the sell off in early 2020, which took the price down to $2.34. And since then shares are up about 85%. As I write, they are $4.3.Stockholders are understandably wondering if the share price can soon go back to January 2019 levels of about $6. However, as we get ready to finish the first half of the year, profit-taking may hit Nokia stock.In recent days, volatility has come back to the markets. The recent rally we've witnessed in broader markets, especially in tech stocks, for the most part, reflects the belief in a V-shaped recovery for our economy.However, if there were an upcoming change in investor sentiment on the rebound's prospects, then these stock valuations would come down fast, and tech stocks like Nokia would likely be hit the hardest.Are you an investor that also pays attention to technical charts? Then you may want to know that NOK shares have become overbought. Although a stock can stay overbought for quite some time, it is likely that some investors will soon hit the sell button in Nokia stock.In the coming weeks, a pull toward $4 or even below is likely. But such a drop would also give long-term investors a better entry into NOK shares. The Bottom Line on Nokia StockHave you been able to ride the recent wave up in Nokia stock? Then you may want to realize some of your paper profits. And if you believe that the share price may have become overvalued for now, you may want to look for opportunities in other reliable names in the market.Potential investors may consider investing in the Finnish technology group for the long run in case of a potential price decline in NOK shares.Tezcan Gecgil has worked in investment management for over two decades in the U.S. and U.K. In addition to formal higher education, including a Ph.D. in the field, she has also completed all 3 levels of the Chartered Market Technician (CMT) examination. Her passion is for options trading based on technical analysis of fundamentally strong companies. She especially enjoys setting up weekly covered calls for income generation. As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * Top Stock Picker Reveals His Next 1,000% Winner * The 1 Stock All Retirees Must Own * Look What America's Richest Family Is Investing in Now The post Long-Term Investors Should Consider Buying the Dips in Nokia Stock appeared first on InvestorPlace.
- 06/19/2020
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Ericsson Stock Looks Poised to Climb Further
- With the 5G revolution continuing and one of Ericsson's (NASDAQ:ERIC) major rivals badly wounded by President Donald Trump, now is a good time to buy ERIC stock.Source: rafapress / Shutterstock.com Additionally, Ericsson is the world's leader when it comes to providing 5G infrastructure, and the shares' valuation is quite reasonable. The 5G Revolution and a Rival's ProblemsLast month, Barron's noted that the 5G rollout was continuing despite the novel coronavirus crisis. Moreover, the well-respected publication identified "network infrastructure {companies that} will supply the next-generation antennas and base stations that power 5G networks" as "the best way to play the 5G rush."InvestorPlace - Stock Market News, Stock Advice & Trading TipsNot surprisingly, Ericsson was included as one of the relevant network infrastructure companies. Raymond James analyst Simon Leopold told Barron's that Ericsson has better 5G technology than its Finnish rival, Nokia (NYSE:NOK), while Ericsson's execution is also superior to that of Nokia. The analyst did, however, say that Nokia could be gaining ground on Ericsson on the technology front. * 10 Robotics Stocks on the Technological Cutting EdgeBut as I noted in my previous column on Nokia, Ericsson had obtained 81 deals by the end of February to provide 5G infrastructure, versus Nokia's 67 deals and Huawei's 91 agreements.And, as I also reported, Huawei has run into a major problem. That is, Trump in May had prohibited "sales of computer chips made anywhere in the world with U.S. equipment" to the Chinese tech company, according to The Asia Times. And as I stated in the Nokia column, I don't think many carriers that are spending a great deal of money to build 5G networks will use Huawei if it has to rely on "unproven technologies."As the second-leading 5G infrastructure provider through February and given its technology edge over Nokia, Ericsson is very well-positioned to benefit from Huawei's issues.Ericsson is poised to win a high percentage of 5G deals outside of China. But the company is also doing very well in China. Specifically, the company says that it had obtained 5G deals "with all three major" carriers in the country.Further, Ericsson's windfall from the 5G buildout should last for years. As another InvestorPlace columnist, Tom Taulli, noted in May, "According {to} ResearchAndMarkets.com, spending {on 5G networks} is forecasted to go from $12.6 billion in 2020 to $44.9 billion by 2025, for a compound annual growth rate of nearly 29%."If Trump gets re-elected, Ericsson will likely be able to go after the rapidly growing 5G infrastructure market while its top rival has one hand tied behind its back. More Potential Help From D.C.Speaking of Trump, the president is reportedly considering proposing a "nearly" $1 trillion infrastructure-stimulus plan that would include allocations for 5G upgrades. According to Fortune, the plan "would reserve most of the money for traditional infrastructure work, like roads and bridges, but would also set aside funds for 5G wireless 'infrastructure and rural broadband."The "America First" administration would try to direct most of the money in the plan to American companies. But of course, the administration doesn't control the appropriations process; Congress, which is much less "America First"-oriented does.Moreover, none of the top three 5G infrastructure companies is American, and of course, the administration will refuse to use Huawei for the upgrades. And Ericsson and Nokia are both based in nations that are friendly with the U.S. I think there's a good chance that, if an infrastructure bill that subsidizes 5G upgrades is passed, Nokia and Ericsson will get pieces of the action.Still, rumors of an infrastructure bill have swirled in Washington since Trump won the 2016 election, but Congress hasn't come close to passing such legislation. On the other hand, if the administration pushes a stimulus bill hard, it may be hard for Congress to turn it down now, given the current high levels of unemployment.I think there's only about a 20% chance of Congress passing an infrastructure bill that funds 5G upgrades before the election. Still, the possibility of such a bill passing could help Ericsson's stock. The Bottom Line on ERIC StockIn the first quarter, Ericsson's operating income, excluding certain items, jumped 30% year over year. The stock's forward price-earnings ratio, based on analysts' 2020 average earnings per share estimate, is 19.Given the company's strong growth outlook, that's a very low price to pay for ERIC stock. As a result, I recommend that medium-term and long-term investors buy the shares.As of this writing, Larry Ramer did not own shares of any of the aforementioned securities. Larry has conducted research and written articles on U.S. stocks for 13 years. He has been employed by The Fly and Israel's largest business newspaper, Globes. Larry began writing columns for InvestorPlace in 2015. Among his highly successful, contrarian picks have been airline stocks, oil stocks and Snap. You can reach him on StockTwits at @larryramer. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * Top Stock Picker Reveals His Next 1,000% Winner * The 1 Stock All Retirees Must Own * Look What America's Richest Family Is Investing in Now The post Ericsson Stock Looks Poised to Climb Further appeared first on InvestorPlace.
- 06/19/2020
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India tells two state firms not to use China telecoms gear, source says
- India has told two state-run telecoms firms to use locally-made rather than Chinese telecom equipment to upgrade their mobile networks to 4G, a senior government source said on Thursday. The instruction is aimed at Chinese telecom gear makers Huawei and ZTE, the source said, after India last year announced an almost $8 billion plan, some of which was earmarked for network upgrades, to help loss-making operators Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL).
- 06/18/2020
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Ericsson (ERIC) Gains As Market Dips: What You Should Know
- In the latest trading session, Ericsson (ERIC) closed at $9.26, marking a +0.98% move from the previous day.
- 06/17/2020
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Is Ericsson (ERIC) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/17/2020
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Deals by major suppliers in the race for 5G
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Brazil 5G tender cannot be swayed by debates over China, says house speaker
- A fifth-generation (5G) telecoms tender in Brazil should not be contaminated by ideological battles with China and more competition will lead to better prices for consumers, the head of the lower house said on Tuesday. Speaker Rodrigo Maia said Brazil's telecoms regulator Anatel should run the auction and that the supposedly economically liberal government of President Jair Bolsonaro should focus on free and fair competition. U.S. President Donald Trump's administration has urged governments worldwide, including Brazil, to shun the world's largest telecoms equipment maker, China's Huawei Technologies Co Ltd, because of spying concerns but few have heeded those warnings so far.
- 06/16/2020
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Ericsson Mobility Report: COVID-19 Impact Shows Networks' Crucial Role in Society
- Ericsson (NASDAQ: ERIC) expects the global number of 5G subscriptions to top 190 million by the end of 2020 and 2.8 billion by the end of 2025. These forecasts are included in the June 2020 edition of the Ericsson Mobility Report, along with projections for data traffic growth and regional subscriptions.
- 06/16/2020
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Nokia adds Broadcom as third 5G chip vendor to diversify supply
- Finland's Nokia Oyj said on Monday it had partnered with Broadcom to develop chips for 5G equipment in its third such deal following ones with Intel and Marvell. Nokia initially chose a type of chip -- Field Programmable Gate Arrays (FPGAs) -- for its 5G equipment that customers could reprogramme but high costs and supply hurdles last year forced it to change course. "We still stand by the decision of going with FPGAs because it was the right thing to do at that time," Sandro Tavares, Nokia's head of mobile networks marketing, told Reuters.
- 06/15/2020
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U.S., Brazil in talks on funding to buy 5G gear from Ericsson, Nokia -paper
- The United States is in talks with Brazil and its local telecommunications companies on funding the acquisition of fifth-generation gear produced by Ericsson and Nokia, U.S. ambassador for Brazil Todd Chapman told Brazilian newspaper Folha de S.Paulo. In an interview published on Thursday night, Chapman said this type of funding is a matter of "national security" to Washington and aims to "protect data and intellectual property, as well as sensitive information of nations".
- 06/12/2020
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As 5G rollout ramps up, Defiance ETFs FIVG invests in the biggest names in the sector
- Paul Dellaquila, President of Defiance ETFs, joined Yahoo Finance's The Final Round to talk the Defiance Next Gen Connectivity ETF that focuses on the biggest names in 5G.
- 06/11/2020
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Ericsson Furthers Collaboration With O2 UK for 5G Networks
- Ericsson (ERIC) continues to help O2 with the rollout of commercial 5G in multiple cities, towns and locations in England, Scotland, Wales and Northern Ireland.
- 06/10/2020
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Arun Bansal Appointed Executive Vice President of Ericsson
- Bansal remains Head of Market Area Europe & Latin America and member of the Executive Team
- 06/10/2020
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Ericsson Continues 5G Rollout in the UK
- Ericsson (NASDAQ: ERIC) has been selected by O2 UK to deploy its 5G radio access network (RAN) even farther across the UK, upgrading the existing 2G/3G/4G sites as part of a substantial network modernization program.
- 06/10/2020
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Vodafone says UK's desire to lead in 5G will suffer a blow if Huawei is ripped out
- Vodafone Group Plc, the world's second-biggest mobile operator, has warned that Britain's desire to lead the world in 5G technology will face a big blow if it decides to remove China's Huawei Technologies Co Ltd from the country's telecoms infrastructure. "The UK's leadership in 5G will be lost if mobile operators are forced to spend time and money replacing existing equipment", Scott Petty, Vodafone UK's chief technology officer, told Reuters in an emailed statement.
- 06/09/2020
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Ericsson Boosts China Footprint, to Record Asset Write-Down
- Ericsson (ERIC) is focusing on 5G system development and has undertaken many notable endeavors to position itself for market leadership in 5G.
- 06/09/2020
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Ericsson Says Strengthens its Position in China and Writes Down Assets; Says Group Financial Targets for 2020 and 2022 Remain Unchanged
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Ericsson flags losses from China 5G contracts, takes 1 billion SEK charge
- Ericsson expects to take a second-quarter writedown of about 1 billion crowns ($109 million) on product inventory in China, the Swedish telecoms gear maker said on Monday. The company, which has won 5G contracts from three major operators in China, said it expected negative gross margins in China in the quarter reflecting the high initial costs for new products. Ericsson had warned in its first-quarter report that an increasing share of strategic contracts would hurt profitability in the second quarter, primarily due to negative gross margins in China.
- 06/08/2020
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Ericsson Strengthens its Position in China and Writes Down Assets
- As previously announced Ericsson (NASDAQ: ERIC) has increased its footprint in China through 5G contract awards from all three major operators in China. The strengthened market position is strategically important for Ericsson as this will generate scale advantages and strengthen Ericsson's position in the world's largest 5G market, which is expected to be an important driver of critical future requirements and new feature developments.
- 06/08/2020
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7 Earnings Reports to Watch Next Week
- Editor's note: InvestorPlace's Earnings Reports to Watch is updated weekly. Please check back next week for our latest earnings picks.Earnings season essentially wraps up next week -- and it's been a fruitful stretch for the market. Since April 14, when JP Morgan Chase (NYSE:JPM) and Wells Fargo (NYSE:WFC) reported, U.S. stocks have rallied nicely.Over the seven-plus weeks, both the Dow Jones Industrial Average and the S&P; 500 have gained right around 15%. The NASDAQ Composite has done even better: a 20% bounce leaves the index just over 1% off all-time highs.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut as we've noted in this space before, earnings reports don't necessarily seem to be the core driver. We've seen a few big post-earnings moves: Twilio (NYSE:TWLO) and Datadog (NASDAQ:DDOG) to the upside, HP Inc. (NYSE:HPQ) and Nordstrom (NYSE:JWN) to the downside. For the most part, however, post-earnings volatility has been rather light. It seems like investors -- with only a few exceptions -- are looking past Q1 and Q2 to the second half and beyond.It seems unlikely next week will be any different, but one last burst of earnings reports are worth watching. There's still a great deal of uncertainty in the market, and no shortage of skeptics who believe the rally since March has gone too far. * 7 Hotel Stocks to Buy Before Vacationing Restarts Even if reports don't move the market, the earnings calendar might signal whether there's any weakening of investor sentiment. That's particularly true given a healthy cross-section of companies with earnings next week. They are: * Stitch Fix (NASDAQ:SFIX) * Brown-Forman (NYSE:BF.A,NYSE:BF.B) * Five Below (NASDAQ:FIVE) * GameStop (NYSE:GME) * Chewy (NYSE:CHWY) * Adobe (NASDAQ:ADBE) * Lululemon Athletica (NASDAQ:LULU)So, let's dive into the earnings reports to watch next week. Earnings Reports to Watch: Stitch Fix (SFIX)Source: Sharaf Maksumov / Shutterstock.com Earnings Report Date: Monday, June 8, after market closeFor Stitch Fix, the response to the fiscal third-quarter report on Monday afternoon hopefully will be better than the sentiment that greeted the Q2 release in March. In just eight sessions since that release, SFIX stock lost nearly half its value. That included a 25% decline the day after the Q2 release, which appeared to call the company's growth story into question.As broad markets have recovered, so has SFIX. Shares now are down less than 1% year-to-date. And that bounce sets up a key report for the stock.After all, the 100%-plus rally from the lows is based at least on part on hopes that e-commerce will benefit from changes in consumer behavior. Stitch Fix, at least in theory, should be able to capitalize. And as a result, investors no doubt are expecting increased full-year guidance backed by new customers acquired during the response to the novel coronavirus pandemic. Anything less may see drive a repeat of post-Q2 trading, at least in kind if not degree.That rally also makes SFIX stock a bit of an interesting test, particularly in combination with another company with earnings next week. Investors have bid up all kinds of e-commerce stocks on the thesis that consumer behavior will change for good going forward. Stitch Fix earnings might show whether that thesis is true, and the response from the market might show how much of that good news is yet to be priced in. Brown-Forman (BF.A, BF.B)Source: monticello / Shutterstock.com Earnings Report Date: Tuesday, June 9, before market openAlcohol stocks like Brown-Forman, best known as the maker of Jack Daniel's, mostly haven't recovered their losses. Brown-Forman, Constellation Brands (NYSE:STZ,NYSE:STZ.B), and Diageo (NYSE:DEO) all remain down in the range of 10% from February highs. Anheuser-Busch (NYSE:BUD) and Molson Coors (NYSE:TAP) have done worse. The exception has been Samuel Adams brewer Boston Beer (NYSE:SAM). SAM stock has soared, even with a recent pullback, thanks largely due to optimism toward its hard seltzer offerings.That trading makes Brown-Forman's Q4 report on Tuesday morning important for the entire sector. There's been a split in performance for the industry as whole. On-premise sales at bars and restaurants unsurprisingly have plunged, while takeaway sales have spiked (pardon the pun). * 3 Chinese Stocks to Buy As Emerging Markets Heat Up Brown-Forman is the first major player to report earnings as some states (and countries) are starting to reopen. And so investors will get the first read on how both channels are performing as some semblance of normalcy returns. That data will move Brown-Forman stock on Tuesday, but it's going to have an impact on the rest of the sector as well. Five Below (FIVE)Source: Jonathan Weiss / Shutterstock.com Earnings Report Date: Tuesday, June 9, after market closeThere may not be much news from Five Below on Tuesday afternoon. Many of the company's stores were closed for much of the fiscal first quarter. And unlike some other retailers, Five Below doesn't have a balance sheet problem: it closed its fiscal year with no debt and well over $200 million in cash.The long-term story here should remain intact. Indeed, Five Below is acting as such. The company said last week that it still plans to open 60 to 80 new stores over the rest of the year.However, for the rest of the market, Five Below earnings reports still are worth paying attention to. This is one of the better companies in retail at the moment, and its color on recent trends will be valuable.And here, too, the response to the stock will be interesting. FIVE is down 14% so far this year, but seems like a prime candidate for buying by investors betting that normalcy will return -- for good -- in the next twelve months or so. If FIVE catches a bid on Wednesday, other strong stories across the market may have further to rally as well. GameStop (GME)Source: Shutterstock Earnings Report Date: Tuesday, June 9, after market closeGameStop took some of the importance out of Tuesday's report by releasing preliminary figures on Thursday afternoon. The company expects fiscal first quarter revenue to drop by about one-third, with Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) reversing to a loss from a profit the year before.The initial reaction has been negative, as GME stock fell about 8% in after-hours trading. It remains to be seen if that decline holds, or if management can reverse sentiment on next week's conference call. * The 7 Most Bought ETFs Since the Market Bottomed GME remains a battleground stock, and it's been mostly a draw since February. GameStop still has the balance sheet to fund a turnaround, but its executives will need to convince investors that it has the strategy as well -- especially in whatever the "new normal" turns out to be. Chewy (CHWY)Source: designs by Jack / Shutterstock.com Earnings Report Date: Tuesday, June 9, after market closeCHWY stock has rallied 35% since the company's fiscal fourth-quarter release in early April firmly established the company as a "stay-at-home" beneficiary. That includes a 17% gain just in the last six trading days.As with SFIX, expectations seem to be rising ahead of earnings next week. And an earnings report this week might provide a road map for what to expect from CHWY.Zoom Video Communications (NASDAQ:ZM) likely has been the biggest pandemic winner in the market this year. Shares have tripled YTD, with the company adding more than $35 billion in market capitalization.Zoom delivered a literally historic earnings beat this week. And yet, after a 6% decline on Thursday, the stock is down just 1% from pre-earnings levels.It wouldn't be stunning to see something of a repeat from Chewy. Q1 results are likely to be spectacular in terms of revenue and customer acquisition. But this is a low-margin online retailer trading at almost 4 times sales. Amazon (NASDAQ:AMZN) and Walmart (NYSE:WMT) loom as potential competitors. As post-earnings trading in ZM shows, it's possible that even a blowout report is priced in, or close. Adobe (ADBE)Source: r.classen / Shutterstock.com Earnings Report Date: Thursday, June 11, after market closeTwo of the country's best companies report earnings next week -- both with share prices essentially at all-time highs.Adobe's fiscal second quarter release seems like a pure test for the market. Its results almost certainly will top analyst expectations: the company hasn't missed on either line since 2016. Growth will be impressive, because Adobe consistently delivers impressive growth.That said, this is a $190 billion company whose shares have rallied around 35% just since March (even excluding a brief, steep dip during the worst of the broad market selloff). ADBE stock now trades at nearly 40 times forward earnings estimates. * 7 Retail Stocks to Buy as Businesses Reopen The broad question in tech, in particular, is not whether the sector's outlook is promising, but to what extent that potential is priced in. ADBE is a perfect encapsulation of that debate. How investors react to what should be an excellent release will be a signal as to where sentiment toward large-cap tech stands at the moment. Lululemon Athletica (LULU)Source: Richard Frazier / Shutterstock.com Earnings Report Date: Thursday, June 11, after market closeOn the other hand, Lululemon Athletica earnings report are hardly a test for its industry because the company remains such a dramatic outlier. Retail, and in particular brick-and-mortar retail, has been among the worst-performing sectors in the market in 2020 (and for several years before that). Yet, LULU keeps moving higher.The stock is up a stunning 38% so far this year. It's more than doubled for March lows, and gained 90% over the past twelve months.Indeed, at $321, and just off all-time highs, the stock has soared past consensus price targets of $225.
- 06/05/2020
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Nokia Is a Cynical Beneficiary of the Trump Administration
- For all but a select few industries, the novel coronavirus represented the blackest of black swan events. This was especially the case for telecommunications equipment providers like Nokia (NYSE:NOK) and regional rival Ericsson (NASDAQ:ERIC). After trudging through some uncertain waters in 2019 due to the U.S.-China trade war, along with concerns about a global recession, 2020 offered hope. For instance, Nokia stock found itself up double-digit percentage points in early February.Source: RistoH / Shutterstock.com However, the Covid-19 pandemic immediately crushed that optimism. Although NOK has been through multiple health-related crises before - most notably SARS and the 2009 H1N1 outbreak - the coronavirus took such calamities to another dimension.To stem the tide against this rapidly proliferating virus, multiple countries, including the U.S., instituted broad lockdowns.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis was particularly harmful for Nokia stock as it meant that the underlying company would see progress in its 5G business come to a halt. After years of blunders and bad decisions, NOK was not in a position to treat setbacks as mundane affairs. * 7 Hotel Stocks to Buy Before Vacationing RestartsBut after diving to ridiculous lows around mid-March, Nokia stock has put on a remarkable recovery. Basically, shares are right back to where they were in the first half of February. Not only that, there's a case that NOK could continue moving higher.In mid-May, President Donald Trump issued a new rule that will prevent Huawei and its suppliers "from using American technology and software," according to the New York Times. Clearly, this move was aimed directly at China, for which Trump has consistently expressed disdain, first for China's intellectual property theft of U.S. assets and recently, for failing to contain the coronavirus.Economically, this backdrop sends a chill, unless you're holding Nokia stock. A Cynical Opportunity for Nokia StockBefore the pandemic, one of the biggest concerns that the U.S. had was China's growing global influence, particularly in the technology realm. Further, Trump was undoubtedly irked that China used American semiconductor components to essentially undermine U.S. tech dominance.As a new strategy to outsmart the Chinese, the Trump administration called on American tech firms to develop a uniform standard for 5G. By allowing 5G software developers to run code on any hardware, this uniformity helps eliminate the need for Huawei equipment, which is a leader in the 5G hardware space.Not only that, the measure found support from companies such as Microsoft (NASDAQ:MSFT), Dell Technologies (NYSE:DELL) and AT&T; (NYSE:T). According to White House economic adviser Larry Kudlow:"The big-picture concept is to have all of the U.S. 5G architecture and infrastructure done by American firms, principally. That also could include Nokia and Ericsson because they have big U.S. presences."Usually, when your top competitor suffers a setback, that's a net positive for you. And when these politically motivated developments were occurring earlier this year, Nokia stock took off. However, assuming that the coronavirus pandemic never happened, this narrative for NOK would have faced stiff challenges.Primarily, as the Wall Street Journal noted, Huawei "has won fans globally -- including small rural telecom carriers in the U.S. -- for the quality of its equipment and technical support." Significantly, this sentiment extended to the U.K., which allowed Huawei to build part of its 5G infrastructure, to American objections.Of course, the coronavirus did happen, which completely changes the story for Nokia stock. Frankly, the world hates China. For example, Australia is rethinking its economic dependency on China after the Asian country balked against Australia's request for an independent inquiry into the novel coronavirus' origins. More Pain, More Gain for NOKBased on what I see politically, I don't think the Trump administration will let up on China. As you know, our country is wrestling with nationwide protests calling for social equality and justice. Amid this backdrop is an economic catastrophe where a sadly ridiculous number of Americans have filed for unemployment benefits.Judging from his words and actions, I'm 100% sure that Trump blames China for ruining his chances for reelection. Realistically, the only hope for the president is to target a foreign "other." From America's perspective, you couldn't get more foreign than China.To put it another way, we're on a determined path to hold China accountable. That's bad news for Huawei and excellent news for Nokia.Still, you don't want to dive into Nokia stock blindly. Let's not forget that China can just as easily retaliate against American businesses - and I'm not just talking about tech firms. Besides, NOK is technically overheated.But on a significant dip, I believe risk-tolerant investors should take a look at the telecom equipment provider. On a fundamental basis, the narrative has changed dramatically and favorably.A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. As of this writing, he is long AT&T; stock. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * Top Stock Picker Reveals His Next 1,000% Winner * The 1 Stock All Retirees Must Own * Look What America's Richest Family Is Investing in Now The post Nokia Is a Cynical Beneficiary of the Trump Administration appeared first on InvestorPlace.
- 06/05/2020
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Ericsson (ERIC) Dips More Than Broader Markets: What You Should Know
- Ericsson (ERIC) closed at $9.67 in the latest trading session, marking a -1.73% move from the prior day.
- 06/04/2020
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Ericsson-BCE Unit Collaborate to Boost 5G Network in Canada
- Ericsson (ERIC) partners with Bell Canada to deploy seamless 5G network technology. The Canada-based operator will benefit from state-of-the-art network infrastructure and better customer experience.
- 06/03/2020
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Shares of several technology companies are trading higher as equities continue to gain on optimism over an economic reopening as well as a smaller-than-expected drop in nonfarm payrolls. The sector has performed well this year amid the stay-at-home environment, which has been a positive for virtual communication, enterprise software and e-commerce.
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Ericsson shares boosted after 5G contract win in Canada, beating Huawei
- Bell Canada, part of BCE Corp, had relied on Huawei for deploying 4G infrastructure but went with Ericsson as Canada was deliberating whether to allow Huawei to sell 5G equipment in the country. The United States has raised security concerns about Huawei and has warned that allies that use its equipment in their networks risked being cut off from valuable intelligence sharing.
- 06/03/2020
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China is using Huawei to drive a wedge in the UK-US special relationship - senator
- China is using telecoms giant Huawei to try to drive a wedge between Britain and the United States, Republican senator Tom Cotton told British lawmakers on Tuesday. Cotton is one of several members of the U.S. Congress who have sought to put pressure on Britain to reverse its January decision to give China's Huawei Technologies a limited role in building Britian's next-generation 5G networks.
- 06/02/2020
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Ericsson Boosts 5G Network in Hong Kong With SmarTone Tie-Up
- Ericsson (ERIC) partners with SmarTone to deploy 5G network technology in Hong Kong. The operator will benefit from seamless network infrastructure and better customer experience.
- 06/01/2020
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Must finish work on impact of U.S. sanctions before any Huawei update, says UK PM's spokesman
- The first step for any decision on Chinese telecoms company Huawei is for Britain's National Cyber Security Centre (NCSC) to finish its work on the impact of U.S. sanctions, a spokesman for British Prime Minister Boris Johnson said on Monday. "The first thing that we need to do is to allow the NCSC to complete its work on the impact of the sanctions, that's ongoing."
- 06/01/2020
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Best & Worst ADRs - Monday, June 1
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Should Value Investors Buy Ericsson (ERIC) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/29/2020
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Ericsson Shares Up 10.9% in 3 Months: What's Driving the Rally?
- Ericsson (ERIC) is making progress toward building a stronger company in the long term, while investing in R&D; and supply chain capacity.
- 05/29/2020
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Britain seeking new entrants to 5G market - PM's spokesman
- Britain set out in January that it was seeking entrants into the market for 5G telecommunications and that London is speaking to allies about it such as the United States, a spokesman for Prime Minister Boris Johnson said on Friday. "We set out in January that we were seeking new entrants into the market in order to diversify, and that is something we have been speaking with our allies about including the United States," the spokesman said. Britain is also looking at any impact new U.S. sanctions on Huawei might have.
- 05/29/2020
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Shares of several technology companies are trading lower, rebounding from Wednesday weakness. The sector sold off Wednesday following recent strength amid greater interest in software and virtual communication services amid the work-from-home environment. Sector appears to be rebounding on Thursday.
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Telecom Stock Roundup: AT&T Launches HBO Max, Viasat Q4 Earnings Beat & More
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Ericsson (ERIC) Stock Sinks As Market Gains: What You Should Know
- In the latest trading session, Ericsson (ERIC) closed at $8.78, marking a -0.34% move from the previous day.
- 05/27/2020
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5 Stocks to Play the Internet Infrastructure Boom on 5G Rollout
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Cavalry Management Group, LLC Buys SPDR S&P 5……, Monolithic Power Systems Inc, Advanced ...
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Shares of several technology companies are trading lower amid market weakness, selling off from recent sector strength. Equities have moved lower for the session following US unemployment data and recent cautious comments from the WHO. Sentiment is also negative following cautious comments from Fed Chair Powell and bearish outlook from some major US investors on Wednesday.
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Shares of several technology companies are trading lower amid market weakness, selling off from recent sector strength. Equities have moved lower for the session, potentially related to cautious comments from Fed Chair Powell, who suggested uncertainty and 'significant' downside risks in the economy.
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Folketrygdfondet Buys Telefonaktiebolaget L M Ericsson, Sells ABB
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Symons Capital Management Inc Buys Gilead Sciences Inc, Agnico Eagle Mines, Telefonaktiebolaget ...
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InterDigital's (IDCC) Q1 Earnings Beat on Higher Revenues
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DeDora Capital, Inc. Buys iShares Core U.S. ...
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Ericsson (ERIC) Expands 5G Collaboration With China Mobile
- Ericsson's (ERIC) Radio System enables smooth and cost-effective migration from 4G to 5G network, supporting communications service providers to launch cutting-edge technology.
- 05/01/2020
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Ericsson seeks bids for U.S. call routing unit, Bloomberg say ERIC
- Ericsson seeks bids for U.S. call routing unit, Bloomberg say ERIC
- 05/01/2020
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Ericsson Shares Rebound From Low, Hearing Co. Seeking Bids For Up To $2B Sale Of Its Iconectiv
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Global Lawful Interception Industry 2015-2028 - Increasing Number of Cybercrimes in the Era of Digitalization
- The "Global Lawful Interception Market Analysis & Trends - Industry Forcast to 2028" report has been added to ResearchAndMarkets.com's offering.
- 05/01/2020
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Businesses are hinting at 5G rollout delays
- The pandemic’s full impact is still uncertain.
- 05/01/2020
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Ericsson (ERIC) Expands 5G Collaboration With China Mobile
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(OFFICIAL)-UPDATE 4-Zoom participant numbers top 300 mln despite growing ban list, shares hit record (April 23)
- Zoom video conferencing app’s number of daily meeting participants grew by another 50% to 300 million in the last three weeks, as the company fought to quell a backlash around security and sa…
- 04/30/2020
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LF Networking Accelerates 5G, Cloud Native, and Edge Readiness with Expanded Projects and Growing Community Ecosystem
- LF Networking (LFN), which facilitates collaboration and operational excellence across open source networking projects, today announced continued successes with cross-industry, global collaboration. Progress includes the Linux Foundation induction of new project, XGVela, an open source telco Platform
- 04/30/2020
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The Zacks Analyst Blog Highlights: Intel, Advanced Micro Devices, Microsoft, Alphabet and Apple
- The Zacks Analyst Blog Highlights: Intel, Advanced Micro Devices, Microsoft, Alphabet and Apple
- 04/30/2020
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7 Smart Stocks to Buy Even During Coronavirus-Induced Volatility
- Investors have seven stocks to buy from in the 5G space that will out-perform the markets regardless of the economic turmoil ahead.
- 04/30/2020
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Covid-19 Impact on Internet of Things Market by Components, Vertical and Region - Global Forecast 2021
- Increasing focus on remote monitoring for the work from home initiative drives the marketRead the full report: https://www.reportlinker.com/p05889777/?utm_source=PRN The outbreak of the COVID-19 has been so strong that it has halted all operations across verticals.Several industries are struggling to
- 04/30/2020
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Spectrum 2020 - Adaptive Wireless Communications: Technologies, Applications and Markets - ResearchAndMarkets.com
- The "Spectrum 2020 - Adaptive Wireless Communications: Technologies, Applications and Markets" report has been added to ResearchAndMarkets.com's offering.
- 04/30/2020
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Qualcomm (QCOM) Q2 Earnings Beat Estimates on 5G Strength
- Backed by the strength of the business model and the ability to respond pro-actively to the evolving market scenario, Qualcomm (QCOM) beats on second-quarter fiscal 2020 earnings.
- 04/30/2020
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Nokia results offer hope for 5G despite coronavirus
- A small profit and higher margins are causes for optimism
- 04/30/2020
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Henry James International Management Inc. ...
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Is Intel a Better Investment than AMD?
- Both Intel and AMD reported solid results and provided a similar outlook for the year. So which stock is a better investment?
- 04/29/2020
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Lawful Interception Market Assessment, 2020: Rise in Subversive Activities and Terrorism - ResearchAndMarkets.com
- The "Global Lawful Interception Market Analysis & Trends - Industry Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
- 04/29/2020
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Edited Transcript of CLX.ST earnings conference call or presentation 29-Apr-20 7:00am GMT
- Q1 2020 Sinch AB (publ) Earnings Call
- 04/29/2020
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Huawei ban timeline: Company reportedly strengthens European links in face of US restrictions
- Here's a breakdown of the controversial Chinese telecom and phone maker's saga so far.
- 04/29/2020
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Ericsson Says Selected As China Mobile's 5G RAN And Core Network Vendor
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Ericsson-True Partnership to Power Thailand 5G Ecosystem
- Ericsson (ERIC) collaborates with True Corporation to deploy avant-garde 5G network, benefiting the latter with seamless network infrastructure and better customer experience.
- 04/28/2020
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Ericsson-True Partnership to Power Thailand 5G Ecosystem
- Ericsson (ERIC) collaborates with True Corporation to deploy avant-garde 5G network, benefiting the latter with seamless network infrastructure and better customer experience.
- 04/28/2020
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Don’t Buy Nokia Stock Before Its Q1 Report
- Nokia's first-quarter report will be crucial for Nokia stock. Investors should watch for updates on 5G and the new CEO's performance.
- 04/28/2020
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The Zacks Analyst Blog Highlights: Arista Networks, CenturyLink, Motorola Solutions and Telephone and Data Systems
- The Zacks Analyst Blog Highlights: Arista Networks, CenturyLink, Motorola Solutions and Telephone and Data Systems
- 04/28/2020
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Nokia quarterly revenue to get 5G boost before coronavirus impact felt
- The Finnish company, battling with China's Huawei and Sweden's Ericsson, is trying to strengthen its 5G slate and looking to deployment by U.S. telecom companies for growth. Nokia, which will publish earnings on April 30, is expected to report revenue of 5.1 billion euros ($5.55 billion), up
- 04/28/2020
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VodafoneZiggo Launches 5G With Ericsson Spectrum Sharing
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ERIC or QCOM: Which Is the Better Value Stock Right Now?
- ERIC vs. QCOM: Which Stock Is the Better Value Option?
- 04/27/2020
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ADTRAN Boosts Smart Home Connectivity with Plume Tie-up
- ADTRAN (ADTN) collaborates with Plume to streamline home networking solutions through a combination of support tools and business intelligence across the country.
- 04/27/2020
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4 Telecom Stocks Likely to Surpass Q1 Earnings Estimates
- Solid earnings performance by the telecom sector is likely to sow the seeds for future investments in network and 5G-enabled devices for superior 5G readiness.
- 04/27/2020
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5 Tech Stocks to Gain From the Work-From-Home Model
- The coronavirus outbreak has compelled people to stay and work from home, helping tech companies and software vendors that offer working facilities from remote locations.
- 04/27/2020
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ERIC or QCOM: Which Is the Better Value Stock Right Now?
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Edited Transcript of INTC earnings conference call or presentation 23-Apr-20 9:00pm GMT
- Q1 2020 Intel Corp Earnings Call
- 04/26/2020
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Opposition to Decoupling from China Misses the Problem of 5G
- News Analysis From Congress to consumers to China experts, calls for the United States to decouple U.S. industries ...
- 04/26/2020
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Altium Wealth Management LLC Makes New $275,000 Investment in Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)
- Altium Wealth Management LLC purchased a new position in shares of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 34,024 shares of the communications equipment provider’s stock, valued at approximately $275,000. Other hedge funds and […]
- 04/25/2020
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Pre & Post COVID-19 Market Estimates-Smart Office Furniture Market 2020-2024| Developments in Connectivity Technologies to Boost Market Growth | Technavio
- The smart office furniture market size has the potential to grow by USD 266.6 million during 2020-2024
- 04/24/2020
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Top Analysts: These 3 Stocks Are Poised to Ride the 5G Wave
- The economy has ground to a halt, for now, and there is plenty of debate on when and how the recovery will come, but one thing is certain: there will be change. Many of the changes will likely involve the way we work and communicate – the ‘social distancing’ policies in place have forced many white-collar
- 04/24/2020
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Top Analysts: These 3 Stocks Are Poised to Ride the 5G Wave
- The economy has ground to a halt, for now, and there is plenty of debate on when and how the recovery will come, but one thing is certain: there will be
- 04/24/2020
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Ericsson Supports ABB Power Grid With Modern 5G Connectivity
- Ericsson (ERIC) will deploy its 5G-ready Industry Connect technology for smart factory connectivity in ABB Power Grid as part of the latter's digitization process.
- 04/24/2020
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Ericsson Supports ABB Power Grid With Modern 5G Connectivity
- Ericsson (ERIC) will deploy its 5G-ready Industry Connect technology for smart factory connectivity in ABB Power Grid as part of the latter's digitization process.
- 04/24/2020
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Randall Stephenson to step down as AT&T chief, succeeded by COO John Stankey
- A big changing of the guard is underway at one of the world’s biggest and iconic names in telecoms and media: AT&T today announced that Randall Stephenson will be stepping down as the chairman and CEO of the telco, and he will be replaced by John Stankey, currently the COO. The change is …
- 04/24/2020
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Intel's (INTC) Q1 Earnings Beat, DCG Growth Aids Revenues
- Intel (INTC) first-quarter results reflect gains across both PC-centric and Data-centric domains. The company has not provided 2020 guidance citing coronavirus crisis-led business uncertainty.
- 04/24/2020
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Report: Most important data on digital audiences during coronavirus
- April 2020 collection of global digital trends for professionals wanting to gain audience insights: Extraordinary times, extraordinary trends
- 04/24/2020
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Global Switching Equipment Market (2020 to 2030) - COVID-19 Impact and Recovery
- Dublin, April 24, 2020 -- The "Switching Equipment Global Market Report 2020-30: Covid 19 Impact and Recovery" report has been added to ResearchAndMarkets.com's.
- 04/24/2020
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Zoom users top 300 mln despite growing ban list, shares hit record
- Zoom video conferencing app’s user base grew by another 50% to 300 million in the last three weeks, as the company fought to quell a backlash around security and safety that has seen a number…
- 04/23/2020
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Dish announces deal with software maker Mavenir for its 5G network
- Dish said in a statement that the deal with Mavenir, a Texas-based mobile network software provider, will help it build its network through low-cost solutions that are less-reliant on cell towers and radio base stations. Dish has said building a 5G network from the ground up through open-source technology
- 04/23/2020
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Dish announces deal with software maker Mavenir for its 5G network
- Dish Network Corp, which vowed to build a 5G network by 2023 to take on the big three U.S. telecommunications giants, said on Thursday it is working with software company Mavenir to build its next-…
- 04/23/2020
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Dish announces deal with software maker Mavenir for its 5G network
- Dish Network Corp, which vowed to build a 5G network by 2023 to take on the big three U.S. telecommunications giants, said on Thursday it is working with software company Mavenir to build its next-generation wireless network. Dish said in a statement that the deal with Mavenir, a Texas-based mobile
- 04/23/2020
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Telecom Stock Roundup: AT&T & Ericsson's Q1 Earnings Match Estimates, & More
- Despite the worldwide coronavirus-led mayhem that caused short-term financial impacts, both AT&T (T) and Ericsson's (ERIC) first-quarter 2020 adjusted earnings match estimates.
- 04/23/2020
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Telecom Stock Roundup: AT&T & Ericsson's Q1 Earnings Match Estimates, & More
- Despite the worldwide coronavirus-led mayhem that caused short-term financial impacts, both AT&T (T) and Ericsson's (ERIC) first-quarter 2020 adjusted earnings match estimates.
- 04/23/2020
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Zoom backlash widens with Daimler, Ericsson and BofA curbs
- Some of the world's largest companies have advised against the use of Zoom Video Communications' conferencing app, fueling a growing backlash against a service that has shot to prominence during the COVID-19 pandemic. Daimler, Ericsson, NXP Semiconductors and Bank of...
- 04/23/2020
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BTS Group’s Annual Report 2019 now available online
- P R E S S R E L E A S E Stockholm, April 23rd, 2020 STOCKHOLM, SWEDEN - BTS GROUP AB (publ), a world leading global strategy implementation firm, has made its Annual Report.
- 04/23/2020
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BTS updates on financial and operational effects related to COVID-19
- BTS Group AB (publ), a leading global strategy implementation firm, provides a trading update in response to the Corona crisis and withdraws the previously stated outlook regarding the full year 2020 that the "profit before tax is expected to be better than in the preceding year". As previously
- 04/23/2020
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Zoom Backlash Widens With Daimler, Ericsson and BofA Curbs
- (Bloomberg) -- Some of the world’s largest companies have advised against the use of Zoom Video Communications Inc.’s conferencing app, fueling a growing backlash against a service that shot to prominence during the Covid-19 pandemic.Daimler AG, Ericsson AB, NXP Semiconductors NV and Bank of America
- 04/23/2020
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Zoom Backlash Widens With Daimler, Ericsson and BofA Curbs
- (Bloomberg) -- Some of the world’s largest companies have advised against the use of Zoom Video Communications Inc.’s conferencing app, fueling a growing backlash against a service that shot to prominence during the Covid-19 pandemic.Daimler AG, Ericsson SA, NXP Semiconductors NV and Bank of America
- 04/23/2020
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Edited Transcript of RCI.B.TO earnings conference call or presentation 22-Apr-20 12:00pm GMT
- Q1 2020 Rogers Communications Inc Earnings Call
- 04/22/2020
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Edited Transcript of ERIC B.ST earnings conference call or presentation 22-Apr-20 7:00am GMT
- Q1 2020 Telefonaktiebolaget LM Ericsson Earnings Call
- 04/22/2020
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COVID-19 Impact on Internet of Things (IoT) Market - Exclusive Report by MarketsandMarkets™
- Post COVID-19, the report "COVID-19 Impact on Internet of Things (IoT) Market by Components (Software Solutions, Platforms, Services), Vertical (BFSI, Healthcare, Manufacturing, Retail, Transportation, Utilities, Government & Defense) and Region - Global Forecast 2021", size is expected to
- 04/22/2020
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Nokia-U.S. Cellular Collaborate to Deter Coronavirus Woes
- Nokia (NOK) partners with U.S. Cellular to deploy additional spectrum, address the upsurge in data demand requirements and detect malware threats amid the COVID-19 pandemonium.
- 04/22/2020
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Global Telecom Infrastructure Equipment Market Outlook 2020-2030: Increase in Popularity of IoT Devices has Led to a Rise in Demand for Equipment
- The "Telecom Infrastructure Equipment Global Market Report 2020-30: Covid 19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.
- 04/22/2020
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Ericsson Earlier Reported Q1 EPS $0.070 Misses $0.080 Estimate, Sales $5.124B Miss $5.380B Estimate
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Ericsson (ERIC) Q1 Earnings Meet Estimates, Warns on Slowdown
- Ericsson's (ERIC) first-quarter 2020 results reflect momentum for 5G in North America, Saudi Arabia and Japan. The company cautions that the economic slowdown caused by COVID-19 could hurt operations.
- 04/22/2020
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Ericsson (ERIC) Q1 Earnings Meet Estimates, Warns on Slowdown
- Ericsson's (ERIC) first-quarter 2020 results reflect momentum for 5G in North America, Saudi Arabia and Japan. The company cautions that the economic slowdown caused by COVID-19 could hurt operations.
- 04/22/2020
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Ericsson shares are trading higher after the company reported Q1 earnings results.
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AT&T (T) Q1 Earnings in Sync With Estimates, Revenues Miss
- AT&T (T) records lower first-quarter 2020 revenues due to coronavirus outbreak while adjusted earnings match estimates.
- 04/22/2020
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S&P Futures Rebound As Oil Buyers Emerge
- "There’s no way you can predict earnings right now. It’s virtually impossible until we have more visibility with respect to how to world comes out of the coronavirus on the other side."
- 04/22/2020
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Even Netflix is worried about what comes next
- It's a good time to be a company whose business booms when people stay at home. But even Netflix, which is experiencing surging subscriber growth, may face tougher times ahead.
- 04/22/2020
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Ericsson warns of possible European 5G delay
- Ericsson posts better than expected results despite coronavirus
- 04/22/2020
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Heineken Pulls Payout, Kering’s Gucci Sales Slump: Earnings Wrap
- (Bloomberg) — Consumer-goods companies from brewers to paint-makers sounded notes of caution on spending as the fallout in confidence from the coronavirus pandemic spreads even as lockdowns a…
- 04/22/2020
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Heineken Pulls Payout, Kering’s Gucci Sales Slump: Earnings Wrap
- (Bloomberg) -- Consumer-goods companies from brewers to paint-makers sounded notes of caution on spending as the fallout in confidence from the coronavirus pandemic spreads even as lockdowns are lifted.Heineken NV canceled its interim dividend and said its board will take a pay cut to mitigate the impact
- 04/22/2020
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UPDATE 2-Sweden's Ericsson shows its resilience in face of pandemic
- Ericsson posted better than expected quarterly earnings on strong demand for 5G network equipment even as the coronavirus wreaked havoc, lifting the Swedish telecoms company's shares 5% in early trade.
- 04/22/2020
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Ericsson beats first-quarter core profit estimates, defying virus outbreak
- As the coronavirus slams the brakes on industries globally, telecom is one of the few industries that has seen a surge in demand with more people working remotely, benefiting companies such as Ericsson. "There is near-term uncertainty around sales volumes due to Covid-19 and the macroeconomic situation
- 04/22/2020
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Ericsson beats first-quarter core profit estimates, defying virus outbreak
- As the coronavirus slams the brakes on industries globally, telecom is one of the few industries that has seen a surge in demand with more people working remotely, benefiting companies such as Ericsson. "There is near-term uncertainty around sales volumes due to Covid-19 and the macroeconomic situation
- 04/22/2020
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Recap: Ericsson Q1 Earnings
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Shunned by U.S., Huawei Winning in China’s $170 Billion 5G Race
- (Bloomberg) -- Huawei Technologies Co. is emerging as the runaway winner in China’s $170 billion effort to build out its fifth-generation wireless networks, part of a concerted effort by Beijing to seize the lead in a key technology from the U.S. while rebooting a virus-stricken economy.Since the beginning
- 04/21/2020
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Ericsson-GCI Partnership Brings First 5G Service in Alaska
- Ericsson (ERIC) collaborates with General Communication to deploy 5G network in Alaska, benefiting the latter with seamless network infrastructure and better customer experience.
- 04/21/2020
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Ericsson-GCI Partnership Brings First 5G Service in Alaska
- Ericsson (ERIC) collaborates with General Communication to deploy 5G network in Alaska, benefiting the latter with seamless network infrastructure and better customer experience.
- 04/21/2020
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Ericsson and U.S. Cellular increase mobile broadband capacity during pandemic
- U.S. Cellular (NYSE: USM) with Ericsson (NASDAQ: ERIC) support, began boosting mobile broadband capacity to customers in parts of Wisconsin, Iowa, Illinois, New Hampshire, Maine and North Carolina, due to increased demand for data usage during the COVID-19 pandemic.
- 04/21/2020
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