Telefonaktiebolaget LM Ericsson’s Annual General Meeting on April 9, 2008 resolved on a reverse split 1:5 of the company’s shares. The reverse split has the effect that five shares of series A and five shares of series B, respectively, are consolidated into one share of series A and one share of series B, respectively.
The first day of trading in the company’s A and B shares after the reverse split is June 2, 2008.
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Alcatel-Lucent announced today that it has been selected by Telekom Austria, Austria’s major service provider, to enrich Telekom Austria’s IPTV offering. The operator is launching two state-of-the-art features – Time shift TV and High-Definition TV (HDTV), enhancing the service experience of its aonTV subscribers.
One week prior to the start of the European soccer championship (EURO 2008), aonTV customers will be able to stop live broadcasts, take a break, and then continue to watch the transmission of the program thanks to Telekom Austria’s Time shift TV capabilities. Additionally, the launch of Telekom Austria’s HDTV service brings to the Austrian households the next level of visual quality and TV-experience.
Alcatel-Lucent today announced the renewal of a major maintenance contract for a second four-year term with Chunghwa Telecom, the largest telecommunications service provider in Taiwan, to provide maintenance services on its network system. This project reinforces Alcatel-Lucent’s strategic partnership with Chunghwa Telecom and further demonstrates Alcatel-Lucent’s leadership in providing quality services and our commitment to service providers around the world.
Alcatel-Lucent will provide its maintenance services on the Alcatel-Lucent 5ESS and S12 switches that make up Chunghwa Telecom’s Time-Division Multiplexing (TDM) network, which serves some 12 million subscriber lines. The full suite of service support includes technical support, trouble shooting as well as repairs and return (services. This maintenance contract will help Chunghwa Telecom better manage and maintain its 14 million ports in more than 700 switches distributed across the island. These switches have been in operation at Chunghwa Telecom’s network for more than a decade and this contract further illustrates the quality and reliability of Alcatel-Lucent’s solution.
Verizon Wireless announced today that it has expanded the national rollout of its high-speed wireless network to Rochester, Minn. The expansion provides contiguous coverage with the company’s existing high-speed network north of Rochester along U.S. Highway 52 from the Twin Cities and west in Dodge County. New coverage extends south of Rochester along U.S. Highway 63 to State Highway 30 in downtown Stewartville and east of Rochester to 30th Avenue Southeast.
“Rochester represents a vital market with dynamic, tech-savvy business people, residents and students who want to stay connected,” said Nancy B. Clark, president – Great Plains region, Verizon Wireless. “The launch of our broadband network here provides our customers with access to the very latest wireless technology.”
AT&T today announced a new voice and Internet Protocol (IP) services contract with Bulkmatic Transport Co., a leader in dry bulk cargo shipping and distribution. Addressing bandwidth issues and network reliability, AT&T’s network solution will support traffic for more than 30 domestic locations on a consolidated, integrated platform.
Under the terms of the three-year contract, AT&T — Bulkmatic Transport Co.’s primary voice and network provider — will deploy its Private Network Transport (PNT), a fully managed network solution that runs on Multiprotocol Label Switching (MPLS) technology. AT&T’s PNT offers any-to-any connectivity, providing secure access from Bulkmatic Transport Co.’s many locations. Additionally, the PNT solution’s expanded bandwidth will enhance the stability and convenience of Voice over Internet Protocol (VoIP) applications across the platform. VoIP technology provides flexibility to AT&T’s customers, allowing greater convergence of data and voice applications on a single network structure.