Ericsson
STO:ERIC ISIN:SE0000108656
News
Ericsson (STO:ERIC) Ericsson (NASDAQ:ERIC) today announced it will establish an Innovation Center in sub-Saharan Africa to develop mobile applications that will benefit society as a whole, but with a special focus on meeting the needs of poor and rural populations. The initiative will focus on solutions in health, education, agriculture and small business development, and is another important step in Ericsson's ongoing commitment to support the achievement of the UN's Millennium Development Goals.
Ericsson (STO:ERIC) Ericsson (NASDAQ:ERIC) is joining forces with the United Nations Office for Partnerships to use telecommunications to bring mobile-health applications and services (m-health) and telemedicine to rural Africa. As a founding member of the UN's Digital Health Initiative, Ericsson is taking another step in its ongoing commitment to help achieve the Millennium Development Goals (MDGs) which aim to reduce global extreme poverty.
Ericsson (STO:ERIC) Ericsson (NASDAQ:ERIC) and Dutch mobile network operator KPN have signed a contract for hosted mobile advertising. This marks Ericsson's first contract for hosted mobile advertising.
Ericsson (STO:ERIC) Ericsson (NASDAQ:ERIC) has been selected as sole supplier to supply and operate a complete GSM mobile network for Cable&Wireless EAUS (Europe, Asia and US) as it launches its new Fixed Mobile Convergence (FMC) services in the UK. As Cable&Wireless' exclusive managed services partner, Ericsson will also be responsible for running the network for five years.
Ericsson (STO:ERIC) Ericsson (NASDAQ:ERIC) has signed the largest single contract in Vietnam, amounting to USD 450 million, to develop and modernize Hanoi Telecom's nationwide mobile network. The strategic partnership, a first in Vietnam, will also see Ericsson managing and operating the network under a full-scope managed services contract.
Ericsson (STO:ERIC) Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) confirms that as per August 29, 2008, the company's share capital amounts to SEK 16,231,758,678 and the total number of shares amounts to 3,246,351,735, of which 261,755,983 A shares and 2,984,595,752 B shares. The changes are due to the recent new issue of 19 900 000 C shares, which by virtue of the conversion provision in the articles of association have been converted to B shares. This is in accordance with the resolution by the Annual General Meeting 2008, to expand the treasury stock as part of the financing of Ericsson's Long-Term Variable Compensation Program (LTV) 2008.
Ericsson (STO:ERIC) Ericsson (NASDAQ:ERIC) is to supply, build, integrate operate and manage multiplay communications infrastructure for Saudi Arabia's high-tech flagship, King Abdullah Economic City. The five-year sole-supplier partnership agreement with Emaar, developer of the smart-city project, is the first for an end-to-end fixed network in Saudi Arabia.
Ericsson (STO:ERIC) Ericsson (NASDAQ:ERIC) has been selected by Telcel - Mexico's leading mobile operator and a subsidiary of América Móvil - to provide microwave-transmission links for high-speed mobile broadband.
Ericsson (STO:ERIC) For the first time, Ericsson (NASDAQ:ERIC) has combined a GSM base station and satellite transmission in a solar-powered site, enabling Cambodian mobile operator Star-Cell to expand its network coverage in remote areas. The solution offers affordable communications for all and is based on Ericsson's energy-optimized main-remote base-station.
Ericsson (STO:ERIC) STMicroelectronics (NYSE:STM) and Ericsson (NASDAQ:ERIC) today announced an agreement to merge Ericsson Mobile Platforms and ST-NXP Wireless into a joint venture. The 50/50 joint venture will have the industry's strongest product offering in semiconductors and platforms for mobile applications and will be an important supplier to Nokia, Samsung, Sony Ericsson, LG and Sharp. The fabless joint venture will employ almost 8,000 people with pro-forma 2007 sales of USD 3.6 b. ST is expected to exercise its option to buy NXP's 20 percent of ST-NXP Wireless before the closing of this transaction.
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