|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||11.03 - 11.03|
|52-week range||8.82 - 12.50|
|Beta (5Y monthly)||0.09|
|PE ratio (TTM)||22.06|
|Forward dividend & yield||0.79 (7.21%)|
|Ex-dividend date||19 Oct 2023|
|1y target est||N/A|
Ericsson (ERIC) collaborates with Telenor to speed up the development of AI-ML-driven networking solutions.
Norwegian telecoms operator Telenor said on Thursday it has agreed to sell its subsidiary Telenor Satellite to government-owned Space Norway for 2.36 billion Norwegian crowns ($217.37 million). "The acquisition ensures that Norway - in a time of increasing geopolitical turmoil - has control over satellites that critical societal functions depend on and that are strategically important to Norway," the Norwegian minister of trade and industry said in a separate statement. Telenor Satellite provides satellites for the European, Middle East and North African (EMEA) market with broadcasting and data communication services.
BCE, Telefonica Brasil and Telenor are part of the Zacks Industry Outlook article.