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After ten years, Sony and Ericsson have bid adieu to their handset joint venture, with Sony’s agreement to buy out the Swedish equipment manufacturer’s stake for $1.5 billion
Nordic operator TeliaSonera achieved a key wireless industry milestone on Monday as it became the first wireless operator in the world to launch mobile network services based on fourth-generation (4G) long-term evolution (LTE) technology
Swedish handset and network equipment maker Ericsson marked its entry into the broadcast television market on Tuesday with the signing of a ten-year agreement with TV4, one of the largest TV broadcasters in Sweden and Finland, through which Ericsson would provide television transmission and related services to TV4
France Telecom (FT) confirmed Monday that it would abandon its U.S. $42 billion bid for TeliaSonera after failing to reach an agreement with the Swedish telecom firm on financial terms
Ericsson of Swedenone of the world’s leading suppliers of wireless handsetsmoved to position itself in the market for IP television technology as it launched an unsolicited cash offer of U.S. $1.39 billion for Tandberg Television of Norway
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Jurisdiction - Sweden
Firm Name - Paul, Weiss, Rifkind, Wharton & Garrison LLP
