AT&T chooses Ericsson for new U.S. telecom network, will drop Nokia [Globe and Mail, The (Toronto, Canada)]
Ericsson - American Depositary Shares each representing 1 underlying Class B share (ERIC)
Last ericsson - american depositary shares each representing 1 underlying class b share earnings: 4/22 01:48 am
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Source: Globe and Mail, The
decrease in the North American market. Ericsson shares rose 9 per cent and were on track for its best day in years, topping the pan-European STOXX 600. Nokia shares fell 8 per cent to the bottom of the index early on Tuesday, following AT&T's announcement late on Monday. ORAN, or open radio access network, promises deep cost cuts for telecom operators as it uses cloud-based software and gear from many suppliers instead of relying on proprietary equipment supplied by companies such as Nokia, Ericsson and Huawei which do not work with each other. While telecom providers such as Telefonica and Vodafone have tested the technology, mass adoption has been slow. New networks by Dish and Japan's Rakuten use Open RAN. AT&T has been analyzing Open RAN for six months with a team of hundreds, an executive said, and has looked at multiple vendors and sought proposals. “All of the new equipment that we are going to be putting out will be Open RAN capable,” Chris Sambar, executive vice pr
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ERIC
Earnings
- 10/14/25 - Beat
ERIC
Sec Filings
- 11/12/25 - Form 6-K
- 10/14/25 - Form 6-K
- ERIC's page on the SEC website