7.47 0.00 (0.00%)
After hours: 4:40PM EDT
|Bid||7.38 x 1800|
|Ask||8.18 x 1300|
|Day's Range||7.35 - 7.48|
|52 Week Range||5.52 - 8.05|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.13 (1.98%)|
|1y Target Est||N/A|
Verizon (VZ) is looking to launch commercial 5G (fifth-generation) services in at least four US markets before the end of the year, according to CEO Lowell McAdam in his recent interview with CNBC. Verizon initially said it was planning to roll out 5G services in three to five markets in 2018.
Ericsson (ERIC) has been selected by EE Limited to deliver a customer experience management system based on Ericsson Expert Analytics.
Telecom equipment vendor Ericsson (ERIC) recently published a report on its study of the digitalization of shopping. Ericsson predicts that there could be as many as 1.0 billion 5G subscribers by 2023. After surveying thousands of advanced Internet users in nearly a dozen influential cities globally, Ericsson concluded that smartphone shopping is on the verge of peaking in the next few years.
Nokia (NOK) has high expectations for SpaceTime Insight, although it didn’t reveal what it paid to acquire the business. SpaceTime Insight is expected to be part of the Nokia Software business group, which offers a range of software solutions in areas including customer experience management, IoT (Internet of Things), and collaboration.
According to a recent study by telecom equipment vendor Ericsson (ERIC), the majority of smartphone shoppers would like to use digital shopping assistants. More than 5,000 online shoppers in ten cities were interviewed for the study. The study found that 63.0% of consumers who use their smartphones to shop online want digital shopping assistants to help with price comparisons.
Reliance Communications (RLCM.NS) said it was in advanced talks with Ericsson (ERICb.ST) to resolve "commercial issues", after two sources indicated it was currently uncertain if the firms' discussions over dues would lead to an out-of-court settlement. Earlier this week, India's bankruptcy court admitted a plea by the Swedish telecom gearmaker seeking insolvency resolution against debt-laden Reliance Communications (RCom) over unpaid service dues, potentially derailing the company's plans to sell assets to larger rival Reliance Jio. Ericsson, which signed a seven-year deal in 2014 to operate and manage RCom's nationwide telecoms network, is seeking 11.55 billion rupees (126 million pounds) from RCom and two of its subsidiaries.
Cisco’s (CSCO) product revenue rose 5% in the fiscal third quarter driven by Cisco’s diversified portfolio of solutions, while its infrastructure platform revenue rose 2%. In the infrastructure business segment, the routing revenue fell due to weakness in the service provider division, while switching revenue rose driven by strength in the data center and campus division.
Cisco Stock Fell over 3.5% after Third-Quarter EarningsCisco reported revenue of $12.5 billion in the fiscal third quarter
Ericsson's (ERIC) machine learning and Big Data analytics-based network design service helps SoftBank's network improvement initiative in Tokai region of Japan.
Cisco Systems (CSCO) stock has returned 37.0% in the last 12 months, 8.9% in the last month, and 4.2% in the last five days. Cisco stock rose 15.0% in 2016 and 31.0% in 2017. Since the start of 2018, it’s risen almost 21%. Peers IBM (IBM), Ericsson (ERIC), Palo Alto Networks (PANW), and Nokia (NOK) have returned -4.0%, 22.0%, 78.0%, and 3.4%, respectively, in the last 12 months.
Ericsson's (ERIC) latest Insight Report, the Zero touch customer experience, states that mobile service providers can provide a better customer experience by using artificial intelligence & analytics.
The National Company Law Tribunal (NCLT) on Tuesday admitted an insolvency plea filed by Sweden's Ericsson against Reliance Communications, potentially delaying the Indian firm's plans to sell assets to lighten its debt load. Ericsson, which signed a seven-year deal in 2014 to operate and manage Reliance Communications' nationwide telecoms network, is seeking 11.55 billion rupees ($170 million) from the company and two of its subsidiaries. Worries about the ability of RCom, as the company is widely known, to repay its near $7 billion debt to Indian and foreign banks have been mounting for more than a year.
Previously, we learned that analysts expect Cisco Systems’ (CSCO) revenues to rise ~4.1% YoY (year-over-year) in fiscal 3Q18. The company’s earnings per share (or EPS) are expected to rise ~8.3% in the quarter.
Ericsson (ERIC) is pursuing three main areas, namely core business growth, targeted growth and cost & efficiency to maximize growth.
Apple (AAPL) sold fewer smartphones in China than its main rivals in the country in 1Q18, according to research firm Canalys. As a result, Apple was displaced to the fifth position from the fourth position it held in 4Q17. The ranking is based on the number of smartphones shipped.
In this series, we’ll look at top technology gainers in April. Communication equipment company Ericsson (ERIC) saw its stock rise 18% to close at $7.55 on April 30. Ericsson stock has returned 16% in the last 12 months and -1.3% in the last five trading days. It rose 17% in 2017.
Ericsson (ERIC) recently landed a multiyear contract with Canada’s mobile operator Rogers Communications (RCI) for work related to 5G (fifth-generation). Rogers will work with Ericsson to carry out 5G trials as it looks to have a 5G-ready network in place by 2020. T-Mobile (TMUS) has a similar 5G deployment timeline. Verizon (VZ) and AT&T (T) are also underway with 5G tests. They’re looking to launch 5G services in select markets before the end of the year.
While Nokia (NOK) and Ericsson (ERIC) reported falling sales in 2017, Huawei registered double-digit revenue growth. Could a bigger R&D (research and development) budget be giving Huawei an edge in its competition with Nokia and Ericsson?
Motorola Solutions (MSI) is a telecommunications equipment company that also sells communication systems such as land mobile radios and base stations. MSI’s primary focus is on mission-critical equipment, and its customer base includes government, emergency, and law enforcement agencies as well as commercial enterprises. MSI’s Services segment provides end-to-end solutions for its customers.
Previously, we learned that analysts expect Motorola Solutions’ (MSI) revenue to rise ~7% YoY (year-over-year) in 1Q18. The company’s EPS (earnings per share) are expected to rise ~23% in the quarter.
Nokia’s (NOK) former head of 5G (fifth-generation) technology, David Soldani, is now working for Huawei. In March, Huawei appointed Soldani as chief technology officer of its Australian subsidiary. In a recent conversation with business technology publication ZDNet, Soldani outlined Huawei’s 5G plans in Australia.
Ericsson (ERIC) and Qualcomm (QCOM) are collaborating to try to seize IoT (Internet of Things) opportunities in the Brazilian market. Ericsson and Qualcomm are hoping their efforts yield solutions that could be applied in areas such as agriculture, asset tracking, and smart cities, which all revolve around IoT.
Nokia (NOK) has sealed several network development contracts with Vodafone (VOD) in recent months. In one of the contracts, Nokia is supplying equipment and technology to Vodafone’s Italy subsidiary for 5G (fifth-generation) trials.
From mobile chip suppliers to telecom equipment vendors to mobile network operators, 5G (fifth generation) technology holds major promise. But when could this promise materialize? On the infrastructure side, 5G network tests are underway in many markets around the world. In the United States, for example, Verizon (VZ) and AT&T (T) are looking to launch some form of 5G service before the end of the year.