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Ericsson to Buy Red Bee Media to Bolster Broadcasting Services
2013-07-01 12:54:21| Appliances - Topix.net
Ericsson AB, the largest maker of wireless networks, agreed to buy U.K. media services company Red Bee Media Ltd. from a group led by Macquarie Advanced Investment Partners LP to expand in services to broadcasters.
Ericsson buys Red Bee Media to bolster broadcast services
2013-07-01 09:19:00| Telecompaper Headlines
(Telecompaper) Ericsson will acquire UK-headquartered media services company Red Bee Media from Macquarie Advanced Investment Partners, to pursue its strategy of growing in the broadcast services market. Ericsson will take on 1,500 broadcast service professionals, adding new operations in Europe and Australia. After completion, Ericsson will have over a third of its 4,000 employees in the UK working in broadcast services, helping TV channels and content owners address video-mobile convergence. The acquisition's value was not disclosed.
Tags: services
media
red
broadcast
MTS awards LTE network contract to Ericsson
2013-06-20 16:30:00| Telecompaper Headlines
(Telecompaper) Russian mobile operator MTS has awarded a contract to Ericsson for equipment supplies for LTE networks in the Volga, Siberia, Urals and Southern Russia regions. Ericsson will start supplies by the end of this month and serve as the main vendor for over half the national network. At least 10,000 LTE base stations will be supplied by Ericsson under the first stage of the programme. Ericsson also will provide the operator with core network equipment and services in North-Western Russia, and MTS and Ericsson plan to cooperate on developing GSM and 3G networks in numerous regions. MTS plans to have LTE networks in 15 regions in Russia by the end of 2013. Financial details of the contract with Ericsson were not disclosed.
Tags: network
contract
awards
ericsson
Measat and Ericsson trial UHDTV satellite contribution
2013-06-14 17:00:34| Digital TV News
MEASAT has begun trials with Ericsson (NASDAQ:ERIC) to demonstrate the ability to provide live Ultra High Definition TV (UHDTV) video contribution over MEASATs satellite network.
Tags: trial
contribution
satellite
ericsson
Ericsson Pushes Into Services as Data Growth Quadruples
2013-06-04 05:42:34| Appliances - Topix.net
Ericsson AB is expanding beyond its roots in network hardware to sell more software and services, aiming to get more revenue from wireless carriers as data traffic quadruples over the next five years.
Tags: services
data
growth
ericsson
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