ERIC News and Press, Ericsson From 12/06/23

2023-12-06 14:23:50 ET Summary 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%...

Vonage CMO Joy Corso Wins 2023 Aragon Research Women in Technology Award for Marketing PR Newswire HOLMDEL, N.J. , Dec. 6, 2023 /PRNewswire/ -- Vonage , a global leader in cloud communications helping businesses accelerate their digital transformation and...

2023-12-06 09:01:58 ET Summary AT&T announced a $14 billion cell tower equipment deal with Ericsson, causing Ericsson shares to rise and Nokia's stock to dip. Questions arise about the industry's future under the open RAN construct, with ongoing margin question marks a key unk...

2023-12-06 07:00:00 ET Summary Nokia's performance has declined significantly, with margins contracting and macroeconomic uncertainties impacting the company's growth. The loss of a major client, AT&T, to Ericsson has further affected Nokia's recovery and long-term strategy. ...

2023-12-06 07:00:00 ET Summary AT&T awarded Ericsson with a $14 billion deal for commercial-scale Open RAN deployment, boosting Ericsson's prospects. Nokia faces a troubling drop in revenue after losing the contract to Ericsson, leading to potential cost cuts in its Open RAN i...

2023-12-05 12:16:38 ET More on Nokia and Ericsson Nokia Q3 Earnings Review: Still No Catalysts Nokia Oyj (NOK) Q3 2023 Earnings Call Transcript Ericsson: Q3 2023 Financials Show Ongoing Decline Amidst Challenges AT&T picks Ericsson over Nokia for $14B Ope...

2023-12-05 12:10:40 ET AT&T (NYSE: T) is betting big on new open-source telecom equipment that it says will save it billions over time. Investors are excited about the development, sending AT&T shares up about 3% as of 11 a.m. ET Tuesday. AT&T has agreed to buy upwar...

2023-12-05 06:35:37 ET Summary Meta and IBM form an alliance of over 50 AI firms and research institutes to advocate for open and ethical AI development. AT&T chooses Ericsson over Nokia for a $14 billion contract. Five9 gains on reports that it is exploring a potential sa...

2023-12-05 05:12:49 ET Related stories: GitLab Q3 Earnings: Stock Jumps, Decoding Its Prospects GitLab Inc. (GTLB) Q3 2024 Earnings Call Transcript GitLab Inc. 2024 Q3 - Results - Earnings Call Presentation For further details see: Biggest stock movers to...

2023-12-05 03:43:51 ET More on AT&T, Ericsson AT&T: Recovery In LTV Encouraging (Rating Upgrade) AT&T Turnaround: Technical Targets And Trend Analysis AT&T: Add This 15% FCF, 7% Dividend-Yield Stock To Your Portfolio? Ericsson: Q3 Financials S...