Vodafone Idea shares soar 8% after securing $3.6 billion deal with Nokia, Ericsson, Samsung

Mumbai/IBNS: Vodafone Idea's stock price jumped more than 8 percent in early trading on Monday (Sept. 23) following the announcement of a $3.6 billion deal with Nokia, Ericsson, and Samsung to supply network equipment over the next three years.

Telecom equipment maker Ericsson to cut 8,500 jobs: Report

Ericsson, a manufacturer of telecommunications equipment, is set to reduce its expenses by terminating 8,500 employees worldwide, according to a memo seen by Reuters.

Airtel signs deal with Ericsson, Nokia, Samsung to commence 5G deployment

New Delhi/UNI: Bharti Airtel on Wednesday announced that it has signed 5G network agreements with Ericsson, Nokia and Samsung to commence 5G deployment in August this year.

Mukesh Ambani saves brother Anil from jail by paying up Ericsson dues

Mumbai, Mar 19 (IBNS): After years of strenuous relationship, businessman Mukesh Ambani helped his brother Anil Ambani to pay up dues to Ericsson, saving the latter from going to jail, media reports said.

5G estimated to reach 1.5 billion subscriptions in 2024: Ericsson Mobility Report

New York, Nov 27 (IBNS): 5G is expected to reach more than 40 percent global population coverage and 1.5 billion subscriptions for enhanced mobile broadband by the end of 2024. This will make 5G the fastest generation of cellular technology to be rolled out on a global scale, according to the latest edition of the Ericsson Mobility Report.