Telefonaktiebolaget LM Ericsson

Two of Canada's largest telecoms firms on Tuesday teamed with Sweden's Ericsson and Finland's Nokia Oyj to build fifth-generation (5G) telecoms networks, ditching China's Huawei Technologies for the project.

Bell Canada on Tuesday chose Sweden's Ericsson to be its 5G network equipment supplier, while smaller rival Telus Corp picked Ericsson and Finland's Nokia Oyj, with Huawei continuing to face an uncertain future in the country.

Ericsson posted better than expected quarterly earnings on strong demand for 5G network equipment even as the coronavirus wreaked havoc, lifting the Swedish telecoms company's shares 5% in early trade.

Sweden's Investor AB raised its holding in robotics firm ABB, telecom equipment maker Ericsson and commercial kitchen equipment firm Electrolux Professional during the first quarter, it said in its quarterly earnings report on Wednesday.

U.S. interest in buying a stake in Ericsson would be positive for the company, but any deal would have to be at a far higher price level than today's valuation, major Ericsson owner and activist investor Cevian Capital said on Friday.

U.S. Attorney General William Barr said on Thursday the United States and its allies should consider the highly unusual step of taking a "controlling stake" in Finland's Nokia and Sweden's Ericsson to counter China-based Huawei's dominance in next-generation 5G wireless...

Greenland will pick Sweden's Ericsson over China's Huawei for future the rollout of fifth-generation (5G) telecoms network, a spokeswoman for state telecoms operator Tele Greenland said on Thursday.

Sweden's prosecution authority has opened an investigation into possible bribery by employees at mobile telecoms group Ericsson that came to light during a U.S. probe into corruption, daily Dagens Industri wrote on Thursday.

Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday.

Mobile telecoms gear maker Ericsson has agreed to pay over $1 billion to resolve a foreign corruption probe, the U.S. Department of Justice said in a statement on Friday.

Swedish telecoms equipment maker Ericsson plans to invest 1 billion reais ($238.30 million) in Brazil to add a new assembly line dedicated to 5th generation technology (5G) for its Latin American operations, an executive told Reuters on Monday.

Swedish telecoms equipment maker Ericsson plans to invest 1 billion reais ($238.30 million) in Brazil to add a new assembly line dedicated to 5th generation technology (5G), supplying its Latin American operations, an executive told Reuters on Monday.

* Sees 2019 RAN market rising 5% vs 3% in July (Adds background, detail, CEO comments)

* Shares drop 0.3% (Adds background, detail, analyst comment, shares)

* Ericsson sees strong demand for 5G equipment (Adds detail, comments, shares, byline)

Swedish telecoms equipment maker Ericsson expects Brazil to switch on its fifth-generation (5G) network by early 2021, several months after a spectrum auction set for March next year, a top executive told Reuters.

Swedish telecoms equipment supplier Ericsson said on Wednesday it plans to build its first fully-automated factory in the United States to make radios required to deploy 5G technology and make it operational in early next year.

Sweden's Ericsson has raised its forecast for 5G subscriptions by 27 percent to 1.9 billion by 2024, with network coverage offering access to 45 percent of the world's population, it said on Tuesday.

* FITCH SAYS BREADTH OF U.S. BAN ON HUAWEI TECHNOLOGIES WILL LIKELY DETERMINE EFFECT ON CHINESE TELECOM FIRM'S SUPPLIERS AND COMPETITORS