AT&T, one of the leading telecom companies in the United States, has recently entered into a significant agreement with Ericsson, a Swedish supplier of network equipment. The deal entails AT&T purchasing up to $14 billion worth of equipment from Ericsson over a span of five years. This development is a part of AT&T's ambitious plan to establish a commercial-scale … [Read more...] about AT&T Strikes $14 Billion Deal with Ericsson for Network Equipment
Ericsson
Telecommunications Industry Faces Turbulence as Nokia and Ericsson Issue Stark Warnings
The telecommunications industry supply chain is experiencing a significant downturn as Nokia and Ericsson recently issued pessimistic forecasts regarding carrier spending, particularly in the United States. Nokia's Sales Outlook Cut Amidst Weakening Demand Nokia (ticker: NOK) has slashed its sales outlook, attributing it to deteriorating demand in the second half of the year. … [Read more...] about Telecommunications Industry Faces Turbulence as Nokia and Ericsson Issue Stark Warnings
