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Ericsson forms company with 12 telcos to sell network software

UPDATE 2-Ericsson forms company with 12 telcos to sell network software Verizon, Reliance Jio, Deutsche Telekom joins new venture Ericsson will hold 50% of venture, rest by telecom providers Ericsson says venture has fully funded business plan for 3 years Investors committed initial funding, Series B funding if needed New throughout, adds comments from interview with Vonage and Deutsche Telekom executives By Supantha Mukherjee and Anna Ringstrom STOCKHOLM, Sept 12 (Reuters) - Ericsson ERICb.ST s
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Ericsson Joins Telecom Leaders In New Network APIs Venture

BRIEF-Ericsson Joins Telecom Leaders In New Network APIs Venture Sept 12 (Reuters) - Telefonaktiebolaget LM Ericsson ERICb.ST : GLOBAL TELECOM LEADERS JOIN FORCES TO REDEFINE THE INDUSTRY WITH NETWORK APIS AGREEMENT TO ACCELERATE ADOPTION AND INNOVATION OF NETWORK APIS INCLUDES A NEWLY FORMED COMPANY CLOSING OF TRANSACTION IS EXPECTED EARLY 2025 NE
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Ericsson teams up with several operators on network API's

Ericsson teams up with several operators on network API's STOCKHOLM, Sept 12 (Reuters) - Swedish telecom equipment maker Ericsson ERICb.ST has created a new joint venture for selling network software tools with over a dozen telecom operators across regions, it said in a statement on Thursday. It said the firms it joined forces with, in order to accelerate the adoption of application programming interface (API) software, included Deutsche Telekom DTEGn.DE and Vodafone VOD.L in Europe, Verizon and
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Nokia signs fibre deal with AT&T after losing network contract to Ericsson

Nokia signs fibre deal with AT&T after losing network contract to Ericsson HELSINKI, Sept 3 (Reuters) - U.S. telecoms operator AT&T T.N and Finnish network equipment maker Nokia NOKIA.HE have signed an agreement to build a fibre network in the U.S., the Finnish company said on Tuesday. The deal comes after Nokia lost a major deal with AT&T to its Swedish rival Ericsson ERICb.ST , which the U.S.
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SEBI's ban on India's Anil Ambani and his Reliance Group troubles

TIMELINE-SEBI's ban on India's Anil Ambani and his Reliance Group troubles BENGALURU, Aug 26 (Reuters) - Anil Ambani, one of India's best-known businessmen and chairman of Reliance Group, was banned from the securities market for five years and fined about $3 million by the country's markets regulator last week on charges of diversion of funds. Anil Ambani said he was reviewing the order and will take appropriate next steps as legally advised.
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