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

  • Telefonaktiebolaget LM Ericsson ERIC bagged 5G core equipment supply contracts from Vodafone Group PLC 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.
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