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BUSINESS
May 23, 1995 | Times Staff and Wire Reports
Pacific Bell to Adopt European Wireless Standard: The San Francisco-based phone company said it will adopt the standard for new mobile communications service it is developing in California and Nevada. The decision is part of a five-year, $300-million agreement with Ericsson Corp., a Stockholm-based telecommunications equipment company, to purchase and install Ericsson's PCS 1900 network system.
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BUSINESS
November 20, 1996 | Times Staff and Wire Reports
Flextronics International Ltd. agreed to buy a main production unit of Ericsson's business networks division in Sweden for between $100 million and $150 million. The San Jose-based electronics equipment maker said the acquisition will double its revenue to $1 billion next year. Its shares rose $5.25 to $33 on Nasdaq. The acquisition will be paid for initially through bank financing, followed by some equity financing, said Michael Marks, Flextronics chief executive.
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BUSINESS
November 20, 1996 | Times Staff and Wire Reports
Flextronics International Ltd. agreed to buy a main production unit of Ericsson's business networks division in Sweden for between $100 million and $150 million. The San Jose-based electronics equipment maker said the acquisition will double its revenue to $1 billion next year. Its shares rose $5.25 to $33 on Nasdaq. The acquisition will be paid for initially through bank financing, followed by some equity financing, said Michael Marks, Flextronics chief executive.
BUSINESS
May 23, 1995 | Times Staff and Wire Reports
Pacific Bell to Adopt European Wireless Standard: The San Francisco-based phone company said it will adopt the standard for new mobile communications service it is developing in California and Nevada. The decision is part of a five-year, $300-million agreement with Ericsson Corp., a Stockholm-based telecommunications equipment company, to purchase and install Ericsson's PCS 1900 network system.
BUSINESS
September 21, 1988 | United Press International
Ericsson Corp. said it signed a contract with Telefonos de Mexico for telecommunications switching equipment valued at about $230 million. The equipment contract was signed by Teleindustria Ericsson SA, Ericsson's manufacturing company in Mexico, for Telefonos de Mexico's 1990 expansion program.
BUSINESS
October 29, 2005 | From Associated Press
Six makers of telecommunications equipment filed antitrust complaints with European regulators against Qualcomm Inc., claiming that the San Diego-based wireless technology company was refusing to license essential patents on fair terms. Nokia, Ericsson, Broadcom Corp., NEC Corp., Texas Instruments Inc. and Panasonic Mobile Communications Co. asked the European Commission to investigate and stop Qualcomm's alleged abuse of European Union competition rules.
BUSINESS
February 3, 2000 | From Reuters
Qualcomm Inc. said Wednesday it agreed to jointly develop with Swedish telecom firm Ericsson a technology that makes cell phones more versatile. The announcement, seen by analysts as a step to help Qualcomm hold on to a commanding market share for so-called CDMA wireless chips, sparked solid gains in both companies' stocks.
BUSINESS
May 1, 2007 | James S. Granelli, Times Staff Writer
The company whose technology powers more than half of the nation's cellphones is mired in legal woes, and court rulings in its cases could ultimately lead to higher cellphone bills. San Diego-based chip maker Qualcomm Inc. goes to trial today in Santa Ana in a patent dispute while a federal judge in San Diego ponders what to do with a jury finding that the company abused a process for setting technology standards. Both cases involve rival Broadcom Inc.
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