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Indian telecom carriers tussle with government over licence fees

TIMELINE-Indian telecom carriers tussle with government over licence fees BENGALURU, Sept 19 (Reuters) - India's Supreme Court on Thursday rejected a request by telecom companies including Vodafone Idea VODA.NS and Bharti Airtel BRTI.NS to recalculate how much they owe the government in licence fees. The long-standing issue has whittled away at debt-ridden Vodafone's cash flow and threatened its survival in the Indian telecom market which is dominated by Airtel and Reliance Industries' RELI.NS J
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T-Mobile forecasts adjusted free cash flow up to $19 bln in 2027

UPDATE 3-T-Mobile forecasts adjusted free cash flow up to $19 bln in 2027 Adds comment from analyst in paragraphs 7,8 By Harshita Mary Varghese Sept 18 (Reuters) - T-Mobile TMUS.O said on Wednesday it expects adjusted free cash flow between $18 billion and $19 billion in 2027 as the telecom operator laid out a three-year growth plan at its Capital Markets Day event in San Francisco.
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Spanish stocks - Factors to watch on Sept 13

Spanish stocks - Factors to watch on Sept 13 Sept 13 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: TELEFONICA Ericsson ERICb.ST said on Thursday it had created a new joint venture for selling network software tools with a dozen telecom operators, including Verizon VZ.N , Deutsche Telekom DTEGn.DE , Reliance Jio and Telefonica TEF.MC .
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Ericsson forms company with 12 telcos to sell network software

REFILE-UPDATE 2-Ericsson forms company with 12 telcos to sell network software Fixes syntax in paragraph 1 Verizon, Reliance Jio, Deutsche Telekom joins new venture Ericsson will hold 50% of venture, rest by telecom providers Ericsson says venture has fully funded business plan for 3 years Investors committed initial funding, Series B funding if needed By Supantha Mukherjee, Anna Ringstrom STOCKHOLM, Sept 12 (Reuters) - Ericsson ERICb.ST said on Thursday it had created a joint venture to sell so
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Ericsson Joins Telecom Leaders In New Network APIs Venture

BRIEF-Ericsson Joins Telecom Leaders In New Network APIs Venture Sept 12 (Reuters) - Telefonaktiebolaget LM Ericsson ERICb.ST : GLOBAL TELECOM LEADERS JOIN FORCES TO REDEFINE THE INDUSTRY WITH NETWORK APIS AGREEMENT TO ACCELERATE ADOPTION AND INNOVATION OF NETWORK APIS INCLUDES A NEWLY FORMED COMPANY CLOSING OF TRANSACTION IS EXPECTED EARLY 2025 NE
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Ericsson teams up with several operators on network API's

Ericsson teams up with several operators on network API's STOCKHOLM, Sept 12 (Reuters) - Swedish telecom equipment maker Ericsson ERICb.ST has created a new joint venture for selling network software tools with over a dozen telecom operators across regions, it said in a statement on Thursday. It said the firms it joined forces with, in order to accelerate the adoption of application programming interface (API) software, included Deutsche Telekom DTEGn.DE and Vodafone VOD.L in Europe, Verizon and
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Nokia signs fibre deal with AT&T after losing network contract to Ericsson

Nokia signs fibre deal with AT&T after losing network contract to Ericsson HELSINKI, Sept 3 (Reuters) - U.S. telecoms operator AT&T T.N and Finnish network equipment maker Nokia NOKIA.HE have signed an agreement to build a fibre network in the U.S., the Finnish company said on Tuesday. The deal comes after Nokia lost a major deal with AT&T to its Swedish rival Ericsson ERICb.ST , which the U.S.
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SEBI's ban on India's Anil Ambani and his Reliance Group troubles

TIMELINE-SEBI's ban on India's Anil Ambani and his Reliance Group troubles BENGALURU, Aug 26 (Reuters) - Anil Ambani, one of India's best-known businessmen and chairman of Reliance Group, was banned from the securities market for five years and fined about $3 million by the country's markets regulator last week on charges of diversion of funds. Anil Ambani said he was reviewing the order and will take appropriate next steps as legally advised.
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Ericsson Says Sold Iconectiv To Koch Equity Development

BRIEF-Ericsson Says Sold Iconectiv To Koch Equity Development Aug 16 (Reuters) - Telefonaktiebolaget LM Ericsson ERICb.ST : ERICSSON ANNOUNCES SALE OF ICONECTIV ERICSSON - EXPECTS TO RECORD ONE-OFF EBIT BENEFIT OF APPROX SEK 8.8 BILLION (USD 0.8 BILLION) ON CLOSING OF TRANSACTION ERICSSON - CASH BENEFIT FROM DEAL, AFTER SETTLEMENT IS EXPECTED TO BE
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Chunghwa Telecom Says Buys Broadband Equipment For T$4.4 Bln From Ericsson

BRIEF-Chunghwa Telecom Says Buys Broadband Equipment For T$4.4 Bln From Ericsson July 19 (Reuters) - Chunghwa Telecom 2412.TW : SAYS BUYS BROADBAND EQUIPMENT FOR T$4.4 BILLION ($134 MLN) FROM ERICSSON Source text for Eikon: ID:nMOP4XxVbg Further company coverage: 2412.TW Reporting by Faith Hung
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Barclays, Mips AB, Novo Nordisk

EUROPE RESEARCH ROUNDUP-Barclays, Mips AB, Novo Nordisk July 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Barclays, Mips AB and Novo Nordisk on Friday. HIGHLIGHTS * Barclays BARC.L : Jefferies raises target price to 341p from 335p * Mips AB MIPS.ST : Jefferies raises to buy from hold * Novo Nordisk NOVOB.CO : HSBC raises target price to DKK 1150 from DKK 1030 * Spectris SXS.L : HSBC raises target price to 3750p from 3425p * S
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Nokia reports 32% drop in profit but sees recovery in 2nd half

UPDATE 3-Nokia reports 32% drop in profit but sees recovery in 2nd half Adds shares, quotes from CEO interview, analyst comment, context By Olivier Sorgho and Supantha Mukherjee July 18 (Reuters) - Nokia NOKIA.HE reported a 32% drop in second-quarter operating profit, citing weak demand for 5G telecom equipment, but the Finnish telecoms group said sales should recover towards the end of 2024 with the help of orders from North America.
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Nokia Q2 profit falls 32%

Nokia Q2 profit falls 32% July 18 (Reuters) - Finnish telecom equipment maker Nokia NOKIA.HE said on Thursday its comparable operating profit fell 32% in the second quarter, as sales of 5G telecom equipment stayed sluggish. Reporting by Olivier Sorgho; Editing by Clarence Fernandez
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Britvic, Burberry, Prudential

EUROPE RESEARCH ROUNDUP-Britvic, Burberry, Prudential July 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Britvic, Burberry, and Prudential, on Tuesday. HIGHLIGHTS * Auction Technology Group ATG.L : RBC initiates coverage with sector perform rating; PT 540p * Britvic BVIC.L : HSBC raises target price to 1290p from 1100p * Burberry BRBY.L : JP Morgan cuts target price to 800p from 1050p * Prudential PRU.L : JP Morgan cuts target
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Anglo American Plc, Capricorn Energy, Ericsson

EUROPE RESEARCH ROUNDUP-Anglo American Plc, Capricorn Energy, Ericsson July 15 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American Plc, Capricorn Energy and Ericsson, on Monday. HIGHLIGHTS * Anglo American Plc AAL.L : Barclays raises target price to 2740p from 2600p * Capricorn Energy CNE.L : Peel Hunt raises to add from hold * Ericsson ERICb.ST : Jefferies raises target price to SEK 82 from SEK 70 * Glencore GLEN.L : Ba
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Ericsson And Oppo Sign Global Patent Cross License Agreement

BRIEF-Ericsson And Oppo Sign Global Patent Cross License Agreement July 15 (Reuters) - Telefonaktiebolaget LM Ericsson ERICb.ST : ERICSSON AND OPPO SIGN GLOBAL PATENT CROSS LICENSE AGREEMENT ROYALTY PAYMENTS FROM OPPO TO ERICSSON FINANCIAL BENEFIT OF THIS AGREEMENT WAS ALREADY REFLECTED IN ERICSSON'S Q2 2024 FINANCIAL RESULTS Source text for Eikon:
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European shares hit over 1-month high on earnings, Fed rate-cut hopes

REFILE-UPDATE 2-European shares hit over 1-month high on earnings, Fed rate-cut hopes Fixes typo in paragraph 10 French final June inflation confirmed at +2.5% Ericsson jumps on Q2 profit and sales beat Norwegian Air shares soar after Q2 EBIT beat EMS Chemie slumps on H1 sales miss STOXX 600 up 0.9% By Shubham Batra and Shristi Achar A July 12 (Reuters) - European shares advanced on Friday and logged their second consecutive weekly gains on upbeat earnings and global investor optimism about a Se
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Don't bank on earnings to boost luxury names

LIVE MARKETS-Don't bank on earnings to boost luxury names STOXX 600 +0.3%, 1-mth high SMI at more than 2-year peak Energy stocks lead Wall St futures steady Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com DON'T BANK ON EARNINGS TO BOOST LUXURY NAMES Europe's luxury sector .STXLUXP has struggled to find a constructive catalyst in recent months and analysts at JPMorgan think the up
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Stocks shift focus to earnings, FX markets on Japan intervention watch

GLOBAL MARKETS-Stocks shift focus to earnings, FX markets on Japan intervention watch Graphic: World FX rates http://tmsnrt.rs/2egbfVh Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn By Dhara Ranasinghe and Rae Wee LONDON, July 12 (Reuters) - Upbeat earnings and U.S. rate cut hopes helped boost the mood in equity markets on Friday, although skittishness prevailed in forex markets a day after Tokyo was believed to have stepped in to prop up a weak yen.
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Telefonaktiebolaget LM Ericsson reports results for the quarter ended in January - Earnings Summary

Telefonaktiebolaget LM Ericsson reports results for the quarter ended in January - Earnings Summary Telefonaktiebolaget LM Ericsson ERIC.OQ reported a quarterly adjusted loss of 27 cents​​ per share for the quarter ended in January, lower than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of three analysts for the quarter was for earnings of 5 cents per share.
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