Trending: AT&T Strikes $14 Billion Hardware, Services Deal With Ericsson
09:55 ET -- AT&T is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. AT&T agreed to buy as much as $14 billion of hardware and services from Ericsson after the Swedish equipment supplier pledged to open up its software to competing systems. Under the deal, AT&T's new purchases of certain cell-tower equipment would move to Ericsson, replacing existing machinery from Finnish rival Nokia in many markets. Dow Jones & Co. owns Factiva. (colin.kellaher@wsj.com)
(END) Dow Jones Newswires
December 05, 2023 10:10 ET (15:10 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
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