Strayer said the United States is encouraging European countries to think carefully about the security and economic implications of rushing forward with using Huawei’s technology
Nokia and Ericsson have a combined market capitalization of about $53 billion and it is unclear what source of funds the U.S. government could potentially tap to take stakes in the firms
'We are delighted to be pursuing our partnerships with both Nokia and Ericsson, two key long-term partners, in order to develop a powerful and innovative 5G network'
Fearing high-tech espionage, and battling with China over trade, the United States has pushed NATO allies such as Norway to exclude Huawei from lucrative 5G deals
Telecoms equipment maker Ericsson beat quarterly earnings expectations on Thursday and lifted its market forecast for this year and its sales target for 2020
LONDON/STOCKHOLM: Ericsson (ERICb.ST) said it was working with mobile companies in Britain and Japan to restore full service to millions of customers hit by outages caused by a software glitch in the Swedish company’s equipment.
O2, Britain’s second biggest network, and Japan’s Softbank (9984.T) reported network outages on Thursday, leaving many customers unable to access internet services.
Once the world’s biggest supplier of mobile communications gear, Ericsson has lost ground to China’s Huawei Technologies and…