Articles Posted on July 3rd, 2009
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Ericsson provides fixed-broadband access to all 3 operators in China
Ericsson (NASDAQ: ERIC) has been awarded contracts with the three telecom operators in China to provide fixed broadband access. Millions of people in an initial nine Chinese provinces will now be able to enjoy high-definition TV, as well as high-speed broadband and quality voice services.
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Ericsson acquires more than 95 percent of LHS shares
Ericsson (NASDAQ:ERIC) has recently, through a wholly owned subsidiary, purchased shares in LHS AG (XETRA:LHS) that together with currently held shares represents more than 95 percent of the outstanding shares in LHS.
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Illegal telecom gateway exchange siezed during raid in Islamabad
According to an official press release, Pakistan Telecommunication Authority (PTA), in collaboration with Federal investigation Agency (FIA) officials has busted another illegal international gateway exchange in Islamabad, making a total tally of six within two months.
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