Beijing Shuns Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), Nokia Oyj (NYSE: NOK) as the West Curbs Huawei

All 5G cellular equipment made by chinas Huawei Technologies were in the U.S. On the other hand, Beinjin, Chinas capital city has started restricting Telefonaktiebologet LM Ericsson (NASDAQ:ERIC) and Nokia Oyj (NYSE:NOK). China Mobile has pulled out from purchasing equipment from non-Chinese suppliers, creating a barrier for ERIC and NOK. In July, China Mobile Ltd., a […]

Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) Signs Its Biggest Deal Yet of $8.3 billion with Verizon Communications Inc. (NYSE: VZ)

Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) recently signed its biggest deal thus far with an $8.3 billion agreement with Verizon Communications Inc. (NYSE: VZ). The agreement will see Ericsson provide 5G solutions to the US tech giant, helping it roll out the next generation of wireless networks. The Ericsson, Verizon deal comes in the wake of […]