Ericsson Nabs 5G Equipment Contracts For UK, Germany From Longtime Partner Vodafone: Reuters

Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) bagged 5G core equipment supply contracts from Vodafone Group PLC (NASDAQ:VOD) for its U.K. standalone network and 5G core network in Germany.
The contract size and amount remain undisclosed.
Ericsson was an existing Vodafone partner.
Price action: ERIC shares traded lower by 1.92% at $12.74 in the premarket session on the last check Thursday.