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Name | Symbol | Market | Type |
---|---|---|---|
Ericsson | NASDAQ:ERIC | NASDAQ | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.30 | 5.29 | 5.30 | 9,808 | 10:24:07 |
By Dominic Chopping
STOCKHOLM--Ericsson AB said Monday that it has entered a long-term strategic contract with Indian communications service provider Reliance Jio Infocomm Ltd. to roll out a 5G standalone network in the country.
The Swedish telecom-equipment company said the deal follows the allocation of 5G spectrum in the recently concluded auctions in India.
This is the company's first partnership with Jio for radio access network deployment in the country, it said.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
October 17, 2022 02:59 ET (06:59 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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