AT&T to Buy Up to $14 Billion of Ericsson Equipment. It's a Blow for Nokia.
AT&T has reached a deal to buy network equipment from Ericsson over five years. ADRs of rival Nokia are falling.
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AT&T has reached a deal to buy network equipment from Ericsson over five years. ADRs of rival Nokia are falling.
Ericsson and AT&T are collaborating in an industry-defining roughly $14 billion five-year network transformation and digitalisation strategic agreement to pioneer the path to programmable and intelligent networks of the future.
It was widely reported yesterday that Ericsson had won the lucrative AT&T contract from Nokia, sending the Swedish company's share price soaring and that of its Finnish rival plummeting.
- Ericsson and AT&T are collaborating in an industry-defining roughly USD 14 billion five-year network transformation and digitalization strategic agreement t…
Ericsson wins a $14 billion contract to upgrade AT&T's network, edging out Nokia and advancing OpenRAN technology in the telecom industry.