Tag: $Ericsson

Ericsson stock jumps as AT&T fuels earnings beat

Ericsson shares rallied on Tuesday as the Swedish telecom equipment maker said the market is stabilizing as North America returns to growth.

Ericsson shares rally on AT&T network deal, Nokia drops

Dec 5 (Reuters) – Ericsson  shares rallied in early trading on Tuesday after chose the Swedish telecoms equipment maker over Finnish rival Nokia to build a network under a five-year deal that could see spending reach $14 billion.

Ericsson says telecoms uncertainty to persist into 2024, shares fall

STOCKHOLM, Oct 17 (Reuters) – Ericsson on Tuesday said it expected the uncertainty impacting its mobile networks business to persist into 2024, after reporting a fall in third-quarter revenue as demand for 5G equipment fell in North America.