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Telefonaktiebolaget LM Ericsson, Q2 FY2024 Financial Research Brief
GlobeNewswire News Room· 2024-08-29 22:27
Dublin, Aug. 29, 2024 (GLOBE NEWSWIRE) -- The "Telefonaktiebolaget LM Ericsson Q2 FY2024 Financial Research Brief" report from EJL Wireless Research has been added to ResearchAndMarkets.com's offering. This report offers a comprehensive financial and strategic analysis of Telefonaktiebolaget LM Ericsson's Q2 2024 financial results, covering the period from April 1 to June 30. It includes a detailed financial analysis, examining key metrics and performance indicators to evaluate Ericsson's overall financial ...
Ericsson to Boost Egypt's Network Infrastructure: Stock to Gain?
ZACKS· 2024-08-29 01:05
Ericsson (ERIC) recently announced that it had inked a definitive partnership with e& Egypt aimed at bolstering the Information and Communications Technology (ICT) infrastructure in the Middle-East country and its surrounding region. This collaborative effort marks a major leap forward in the telecommunication landscape, showcasing e& Egypt's commitment to technological advancement in the region. ERIC's Focus on Improved Connectivity The partnership will see e& Egypt integrate Ericsson's high-performing 20- ...
Ericsson (ERIC) to Boost US-Sweden Connectivity With 6G Technology
ZACKS· 2024-08-26 23:30
Ericsson (ERIC) recently welcomed a joint statement as part of the latest bilateral agreement between the U.S. and Swedish governments aimed at advancing the next generation of connectivity technologies. This collaborative effort signifies a significant step forward in the telecommunication sector, showcasing the company's commitment to technological advancement. By leveraging Ericsson's deep industry expertise and resources of both countries, the collaboration aims to develop 6G technologies to help bridge ...
Ericsson (ERIC) Boosts New Zealand's Network With Advanced IMS
ZACKS· 2024-08-24 00:00
Ericsson (ERIC) has announced that it had successfully deployed its state-of-the-art IP Multimedia Subsystem ("IMS") on the Red Hat OpenStack Platform for Spark New Zealand Limited (SPKKY) . This significant upgrade aims to enhance the IMS infrastructure, thereby enhancing network resiliency and improving mobile voice and video calling services for Spark New Zealand's customers nationwide. The IMS integration, which went live at Spark New Zealand's Network Data Centre in South Island, marks the first fully ...
Ericsson (ERIC) Set to Divest U.S. Subsidiary for Core Focus
ZACKS· 2024-08-22 00:26
文章核心观点 - 艾瑞克森(Ericsson)宣布与Koch Equity Development签订具有约束力的协议,以约10亿美元的价格出售其美国电信解决方案提供商iconectiv [1] - iconectiv是艾瑞克森在2012年收购Telcordia Technologies时并购的一部分,自2017年以来一直由艾瑞克森和私募股权公司Francisco Partners共同拥有 [2] - iconectiv业务属于艾瑞克森的企业分部,2023年为艾瑞克森贡献了约10亿瑞典克朗的净收入,但与艾瑞克森的核心电信设备业务战略协同性有限 [3] - 艾瑞克森出售非核心资产iconectiv,有利于公司集中精力发展核心电信设备业务,同时也为公司带来了额外现金流,有助于应对当前市场挑战,投资增长计划并改善财务表现 [4] 行业概况 - 艾瑞克森和其竞争对手诺基亚都面临着多个地区5G部署放缓的挑战,市场环境仍存在不确定性 [4] - 艾瑞克森正采取各种举措来降低成本,优化业务组合,专注于核心电信设备业务 [4] 公司概况 - 艾瑞克森拥有竞争力的5G产品组合,有望从市场动能中获益 [5] - 艾瑞克森正在执行战略,成为领先的移动基础设施提供商,并建立一个专注的企业业务 [5] - 艾瑞克森的专利许可业务依托强大的知识产权组合而表现良好 [5] - 艾瑞克森股价过去一年涨幅为45.8%,优于行业49.8%的增长 [5]
Ericsson (ERIC) Completes 5G Cloud RAN Trial With Turkcell
ZACKS· 2024-08-19 23:21
Ericsson (ERIC) recently deployed its cutting-edge 5G Cloud Radio Access Network (RAN) technology on Turkcell Communication Services Inc's (TKC) network. Ericsson's Cloud RAN is a cloud-native solution that virtualizes radio access network functions and separates hardware from software. This design supports communication service providers (CSPs) in evolving toward cloud-native technologies and open network architectures, offering enhanced flexibility, faster service delivery and improved scalability for mod ...
Koch Equity Development Signs Agreement to Acquire Telecommunications Solutions Leader iconectiv
Prnewswire· 2024-08-17 05:10
公司战略与收购 - Koch Equity Development LLC (KED) 宣布将收购 iconectiv, LLC, 一家领先的电信解决方案公司, 从Ericsson和Francisco Partners手中购得 [2] - 此次收购强调了KED在电信软件和数据服务领域的持续投资重点, 继2021年成功收购Transaction Network Services, Inc. (TNS)之后 [3] iconectiv的业务与市场地位 - iconectiv是美国和国际市场许多大型通信服务提供商的权威合作伙伴, 提供核心网络和运营管理、编号和数据交换服务, 涵盖可信通信、数字身份管理和欺诈预防 [4] - iconectiv是全球领先的号码可携性解决方案提供商, 在10个国家担任号码可携性管理员, 包括美国, 并且是CTIA无线贸易协会在美国的短代码注册管理机构 [4] 管理层与股东展望 - iconectiv将继续由其位于新泽西州布里奇沃特的领导团队管理, 成为KED的全资独立子公司 [3] - iconectiv的CEO Richard Jacowleff表示, 此次收购标志着公司旅程中的一个重要里程碑, 与专注于长期价值创造的股东合作, 延续了作为服务提供商和监管机构在通信领域的可信合作伙伴的记录 [5] KED的投资与愿景 - KED的Matt Hewitt表示, 对iconectiv持续提供的解决方案印象深刻, 并期待支持其持续增长, 帮助其为客户提供更大的价值 [6] - KED自2012年以来已部署超过350亿美元于股权投资和收购, Koch公司年收入高达1250亿美元, 全球雇员约120,000人, 其中近一半在美国 [9] 交易细节与顾问 - 该交易需获得某些监管批准, 预计将于2025年第一季度完成 [7] - Rothschild & Co和Citi担任KED的财务顾问, Jones Day担任法律顾问 [7] - Jefferies LLC和Goldman Sachs & Co. LLC担任iconectiv的财务顾问, Latham & Watkins LLP担任法律顾问 [7]
Ericsson announces sale of iconectiv
Prnewswire· 2024-08-17 04:44
iconectiv is a US subsidiary of Ericsson acquired in 2012, and a provider of network number portability solutions and data exchange services The divestment will allow iconectiv to continue its growth trajectory under the new ownership of Koch Equity Development LLC STOCKHOLM, Aug. 16, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) announces that it has entered into a binding agreement with Koch Equity Development LLC in relation to the sale of iconectiv (the "Transaction"). Ericsson's cash benefit from the Tr ...
Ericsson (ERIC) Boosts Rural Electric Cooperatives Connectivity
ZACKS· 2024-08-08 01:40
文章核心观点 - 艾瑞克森与Anterix Inc.、Southern Linc和NRTC建立战略合作伙伴关系,为美国农村电力合作社提供尖端的私有网络解决方案 [1][2][4] - 该合作旨在利用艾瑞克森的先进技术、Southern Linc的核心托管解决方案和Anterix的900MHz频谱,为NRTC成员提供满足其地理和部署需求的关键智能电网网络解决方案 [2][3][4] - 艾瑞克森的创新解决方案正在重塑跨行业的连接性、弹性和安全性,确保北美各地的社区拥有蓬勃发展所需的尖端解决方案 [5][6] 根据相关目录分别进行总结 行业概况 - 该合作标志着电信行业的重要里程碑,体现了各公司在技术进步方面的承诺 [1] - 艾瑞克森的创新解决方案正在重塑跨行业的连接性、弹性和安全性,在移动连接和网络基础设施的未来发挥关键作用 [6] 公司概况 - 艾瑞克森与Anterix Inc.、Southern Linc和NRTC建立战略合作伙伴关系 [1][2][4] - 艾瑞克森提供先进的蜂窝和微波通信技术,Southern Linc提供核心托管解决方案,Anterix提供900MHz频谱 [2][3] - 艾瑞克森的解决方案包括双模5G核心、Router 6000和MINILINK 6000等,旨在提高网络能力和可靠性 [3] - 艾瑞克森在云计算和边缘计算领域的领导地位为全球高效数字基础设施提供可扩展的解决方案 [6] - 艾瑞克森的股价在过去一年中上涨了29.4%,优于行业30.1%的增长 [6]
UNDER ARMOUR ANNOUNCES ERIC LIEDTKE AS EXECUTIVE VICE PRESIDENT OF BRAND STRATEGY
Prnewswire· 2024-08-06 20:30
Industry Veteran and Former adidas Group Executive Will Join the Company Following the Acquisition of UNLESS COLLECTIVE, INC BALTIMORE, Md., Aug. 6, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) today announced that Eric Liedtke will join the company as Executive Vice President of Brand Strategy following the completion of its acquisition of UNLESS COLLECTIVE, INC (UNLESS), a zero-plastic regenerative fashion brand. The transaction is expected to be completed later this week. Eric Liedtke, Under A ...