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Here's Why Ericsson (ERIC) is a Strong Momentum Stock
ZACKS· 2025-09-22 14:51
Company Overview - Ericsson, founded in 1876 and headquartered in Stockholm, Sweden, is a leading provider of communication networks, telecom services, and support solutions. The company is transitioning into an ICT (Information and Communications Technology) solutions provider and has reorganized its operations into four segments: Networks, Cloud Software and Services, Enterprise, and Other, effective from the third quarter of 2022 [12]. Investment Insights - Ericsson currently holds a Zacks Rank of 3 (Hold) and has a VGM Score of A, indicating a solid overall rating [13]. - The company has a Momentum Style Score of B, with shares increasing by 1.8% over the past four weeks. Additionally, one analyst has revised their earnings estimate higher for fiscal 2025, with the Zacks Consensus Estimate rising by $0.01 to $0.60 per share [13]. - Ericsson has demonstrated an average earnings surprise of +13.3%, suggesting a positive trend in earnings performance [13]. - With a strong Zacks Rank and favorable Momentum and VGM Style Scores, Ericsson is recommended for investors' consideration [14].
Globalstar Doubling Size of Earth Station in Estonia to Support Third Generation C-3 Constellation
Businesswire· 2025-09-22 13:16
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, together with its wholly-owned subsidiary, Globalstar Europe SAS, today announces that construction has commenced to double the size of its existing ground station in Estonia to support the expansion of its enhanced mobile satellite system and services. With the assistance of the Estonian Investment Agency and U.S. Commercial Service personnel at the U.S. ...
Lumen Accelerates Multi-Billion-Dollar Network Expansion to Meet Soaring AI Demand
Businesswire· 2025-09-22 13:02
Core Insights - Lumen Technologies is making significant advancements in its multi-year initiative to establish the infrastructure for the AI economy [1] - The company is undertaking a multi-billion-dollar project to expand its intercity fiber network, aiming to add 34 million new intercity fiber miles by the end of 2028, resulting in a total of 47 million intercity fiber miles [1] - Lumen has already completed the delivery of millions of new fiber miles, along with network capacity upgrades and enhanced high-speed connectivity [1]
Verizon Leads the Future of Wireless with Development of New Industry 6G Alliance
Globenewswire· 2025-09-22 13:00
Core Insights - Verizon has established the 6G Innovation Forum to drive innovation and shape the future of wireless technology, uniting key players in the technology ecosystem [1][2] - The forum aims to develop foundational 6G technologies and establish a resilient 6G ecosystem while ensuring global alignment [1][3] - Verizon's commitment to integrating AI into its operations will continue with the evolution of 6G, enhancing its AI Connect strategy and intelligent edge capabilities [2][4] Industry Developments - The forum will focus on tangible advancements in 6G and explore new use cases, moving beyond theoretical discussions [3] - Verizon is collaborating with global standards bodies like 3GPP to ensure alignment with mainstream 6G development and promote interoperability [5] - Dedicated Verizon 6G Labs will be established in Los Angeles for collaborative research, prototyping, and early trials of 6G technologies [5] Company Performance - Verizon generated revenues of $134.8 billion in 2024, serving millions of customers and nearly all Fortune 500 companies [4] - The company continues to innovate to meet customer demands for mobility, reliable connectivity, and security [4]
RMX Demonstrates VAST™ at Tough Stump Rodeo
Prnewswire· 2025-09-22 12:08
DALLAS, Sept. 22, 2025 /PRNewswire/ -- RMX Industries, Inc. ("RMX" or the "Company") (OTCQB: RMXI) demonstrated its VASTâ"¢ (Video Adaptive Systems Technology) platform at Tough Stump Rodeo 2025 in Alder, Montana (held June 2–6), a field event that tests communications equipment in rugged, real-world conditions. VASTâ"¢Â is a software, standards-based video encoder that keeps the edge-to-core data flow intact so video quality and utility are preserved for human operators and AI systems, eve ...
长沙智能标注公共服务平台上线,中国移动赋能数据标注产业高质量发展
Chang Sha Wan Bao· 2025-09-22 11:48
Core Viewpoint - The establishment of the Changsha Intelligent Annotation Public Service Platform is a significant step towards enhancing the value of data elements and fostering new productivity in artificial intelligence in Changsha [1][3][5]. Group 1: Platform Overview - The Changsha Intelligent Annotation Public Service Platform is a collaborative effort between the Changsha Data Bureau and China Mobile, aimed at providing comprehensive, low-cost, and high-value public services for enterprises [3][5]. - The platform includes six core functional systems: policy consulting, supply-demand marketplace, technical services, talent services, financial services, and annotation bases [3][5]. Group 2: Strategic Importance - The platform serves as a foundational infrastructure for the data annotation industry, aligning with national policies and focusing on the efficient flow and utilization of data elements [5][7]. - It aims to break down barriers to data circulation and fill service gaps in the industry, benefiting various market participants including government departments, AI companies, annotation service providers, universities, and financial institutions [5][7]. Group 3: Technological Support - China Mobile provides robust technical support for the platform, leveraging its nationwide data center and computing network, ensuring stable operations through high-speed fiber-optic transmission [7][8]. - The platform is designed to offer a one-stop service covering the entire process from policy alignment to technical support and talent recruitment [7]. Group 4: Future Development - China Mobile plans to enhance service capabilities over the next two years, focusing on vertical annotation service capabilities and expanding data operation services [8]. - The company will also strengthen industry collaboration by organizing events such as data annotation skill competitions and supply-demand matching meetings to cultivate local talent and ecosystem [8][9].
X @Bloomberg
Bloomberg· 2025-09-21 23:15
Contract & Investment - Vodafone awarded a £2 billion (approximately $2.7 billion) contract to Ericsson and Nokia [1] Network Expansion - The contract aims to expand the mobile operator's network across the UK [1] Company Focus - Vodafone is a newly formed mobile operator [1]
Mcap: 7 of top-10 most valued firms jumps by ₹1.18 lakh cr; SBI, Airtel biggest winners
BusinessLine· 2025-09-21 05:00
Market Overview - The combined market valuation of seven of the top-10 most valued firms increased by ₹1,18,328.29 crore last week, driven by an optimistic trend in equities [1] - The BSE benchmark rose by 721.53 points or 0.88 percent during the same period [1] Gainers - State Bank of India saw its market valuation increase by ₹35,953.25 crore, reaching ₹7,95,910 crore [2] - Bharti Airtel's valuation rose by ₹33,214.77 crore, bringing its total to ₹11,18,952.64 crore [2] - Reliance Industries' market capitalisation surged by ₹17,389.23 crore to ₹19,04,898.51 crore [3] - Tata Consultancy Services (TCS) experienced a valuation increase of ₹12,952.75 crore, reaching ₹11,46,879.47 crore [3] - Life Insurance Corporation of India (LIC) saw its valuation rise by ₹12,460.25 crore to ₹5,65,612.92 crore [3] - Infosys' market capitalisation climbed by ₹6,127.73 crore to ₹6,39,901.03 crore [3] Laggards - ICICI Bank's market valuation decreased by ₹10,707.87 crore, resulting in a total of ₹10,01,654.46 crore [5] - Bajaj Finance's market capitalisation fell by ₹6,346.93 crore to ₹6,17,892.72 crore [5] - Hindustan Unilever's valuation dipped by ₹5,039.87 crore, bringing it down to ₹6,01,225.16 crore [5] Market Ranking - Reliance Industries remains the top firm in market valuation, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever, and LIC [5]
X @Forbes
Forbes· 2025-09-20 15:49
Technology & Development - The company aims to provide full 5G service from space to cell phones [1] - Achieving this goal requires launching larger, more powerful satellites [1] - The satellite launch depends on a rocket that is still under development [1] Spectrum Acquisition - The company is acquiring spectrum to enable its 5G service [1]