3Vote!
atHome Top Story (Free subscription) | 11/26/2009
LM Ericsson and another European company have been selected to jointly purchase the GSM wireless technology business auctioned off by Nortel Networks Corp., which has accepted a joint bid worth $103 million (U.S.).
3Vote!
SeekingAlpha Telecom Stocks (Free subscription) | 11/25/2009
Zacks.com submits: Nokia Siemens Network, the 50-50 joint venture between Nokia Corp. (( NOK ) and Siemens AG ( SI ) continues to suffer setbacks one after one. Severe economic recession has forced the telecom carriers to significantly reduce their capital expenditures and network upgrade plans throughout the world. This situation has resulted in a huge fall in the top-line of almost all the major...
3Vote!
CBC.ca (Free subscription) | 11/25/2009
LM Ericsson and another European company on Wednesday won the auction for Nortel Networks' GSM wireless technology business.
5Vote!
eWeek (Free subscription) | 11/25/2009
Bankrupt Nortel Networks is selling off another piece of its business, this time its GSM/GSM-R unit to Telefon AB and Kapsch CarrierCom. The announcement comes days after Nortel sold its optical networking and carrier Ethernet businesses to Ciena. Nortel, which declared bankruptcy earlier this year, is looking to sell off all of its assets. - Days after announcing the sale of its optical networking...
5Vote!
The Triangle Business Journal (Free subscription) | 11/25/2009
LM Ericsson and Kapsch CarrierCom AG have proved to be the winning bidders for Nortel Networks Corp.’s GSM/GSM-R businesses, agreeing to pay $103 million in cash for the latest pieces of bankrupt telecommunications equipment provider to be sold at auction, the companies announced Wednesday.
4Vote!
bizjournals (Free subscription) | 11/25/2009
LM Ericsson and Kapsch CarrierCom AG have proved to be the winning bidders for Nortel Networks Corp.’s GSM/GSM-R businesses, agreeing to pay $103 million in cash for the latest pieces of bankrupt telecommunications equipment provider to be sold at auction, the companies announced Wednesday.
3Vote!
Daily Advance - Business (Free subscription) | 11/25/2009
NEW YORK — LM Ericsson of Sweden said Wednesday it plans to buy Nortel Networks Corp.'s North ...
4Vote!
Miami Herald (Free subscription) | 11/25/2009
LM Ericsson of Sweden said Wednesday it plans to buy Nortel Networks Corp.'s North American GSM business for $70 million in cash.
7Vote!
Seattle Times (Free subscription) | 11/25/2009
LM Ericsson of Sweden said Wednesday it plans to buy Nortel Networks Corp.'s North American GSM business for $70 million in cash.
4Vote!
MarketIntelligenceCenter.com (Free subscription) | 11/24/2009
LM Ericsson (NasdaqNM: ERIC) closed yesterday at $10.15. So far the stock has hit a 52-week low of $6.00 and 52-week high of $10.92. Ericsson stock has been showing support around 10.00 and resistance in the 10.38 range. Technical indicators for the stock are Bearish and S&P gives ERIC a positive 4 STAR (out of 5) buy rating. ERIC appears on the Investors Observer Analysts Favorites list. For a...
6Vote!
Mobile Tech Today (Free subscription) | 11/24/2009
Ciena Corp. and Nortel Networks Corp. said Monday that Nortel has sold its global optical networking and carrier ethernet businesses to Ciena for $769 in cash and debt. Nortel, a maker of telecom equipment in bankruptcy, said Ciena prevailed in an auction and will pay $530 million in cash and $239 million in convertible notes due June 2017. Ciena's purchase includes all products, contracts, patent...
3Vote!
Mobile Tech Today (Free subscription) | 11/20/2009
Cell phone handset maker Sony Ericsson will move its North American headquarters from North Carolina to Atlanta and close a half-dozen sites worldwide as it retrenches against what it expects will be a tighter market and cuts about 1,600 jobs globally. The joint venture between Sweden's LM Ericsson and Japan's Sony Corp. will consolidate product development operations by closing sites in Research Triangle...
1Vote!
aarkstore | 07/17/2009
LM Ericsson Telephone Company - SWOT Analysis company profile is the essential source for top-level company data and information. LM Ericsson Telephone Company - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy. LM Ericsson Telephone Company (Ericsson) is one of the leading suppliers...