Nokia Falls, Ericsson Rises as AT&T Chooses Ericsson for $14B Deal

Nokia Falls, Ericsson Rises as AT&T Chooses Ericsson for $14B Deal

Upworthy

Published

American depositary receipts (ADRs) of Nokia (NOK) fell over 5% while Ericsson (ERIC) rose 1.6% in early trading Tuesday after AT&T (T) tapped Ericsson for a $14 billion deal to modernize its wireless network. AT&T shares were up 3%. AT&T, which is one of the biggest telecommunications companies…

#nokia #nok #att

Full Article