T Jun 2024 25.000 put
| Previous close | 8.50 |
| Open | 8.50 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 25.00 |
| Expiry date | 2024-06-21 |
| Day's range | 9.73 - 9.74 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
BloombergAT&T Taps Ericsson for $14 Billion Network Revamp, Ousting Nokia
(Bloomberg) -- Shares of Nokia Oyj. dropped as much as 10% on Tuesday after AT&T Inc. chose rival Ericsson AB to modernize its US wireless network, a project that could amount to almost $14 billion over five years.Most Read from BloombergHow Suspects Laundered Billions in Singapore for YearsWall Street’s Furious Bull Run Gets Reality Check: Markets WrapHarvard Alumni Rebuke Its Israel Response With Mere $1 DonationsBitcoin Surges Past $42,000 Even as Stocks and Bonds Take a HitIsrael’s Wider War
ReutersEricsson shares jump after AT&T deal win, Nokia drops
AT&T has chosen Ericsson to build a telecom network using a new cost-cutting technology ORAN that will cover 70% of its wireless traffic in the United States by late 2026. The $14 billion, five-year deal will boost Ericsson's share in one of the largest telecom players in the world, and erode the presence of rival Nokia in the North American market. Ericsson shares rose 9% and were on track for its best day in years, topping the pan-European STOXX 600.
- Reuters
UPDATE 3-Ericsson shares jump after AT&T deal win, Nokia drops
AT&T has chosen Ericsson to build a telecom network using a new cost-cutting technology ORAN that will cover 70% of its wireless traffic in the United States by late 2026. The $14 billion, five-year deal will boost Ericsson's share in one of the largest telecom players in the world, and erode the presence of rival Nokia in the North American market.
