Ericsson signs funding agreements for 5G research

Ericsson (NASDAQ:ERIC) is announcing that it has signed agreements for credit facilities with the Nordic Investment Bank (NIB) for USD 220 million, maturing in 2023, and AB Svensk Exportkredit (SEK) for USD 150 million, maturing in 2025. Of these new funds, 98 million will replace credit with NIB that was set to mature in 2019. [Read more…]

Comtech Telecommunications Corp. Announces Maintenance Renewal Worth More Than $2.3 Million for Multiple Location-Based Services Platforms

MELVILLE, N.Y.–December 19, 2017– Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during its second quarter of fiscal 2018, its Enterprise Technologies group, which is part of Comtech’s Commercial Solutions segment, received a maintenance renewal worth more than $2.3 million with a key Fortune 100 customer licensing various location-based services (LBS) platforms, including Comtech’s Xypoint® Gateway Mobile Location Center (GMLC) and Secure User Plane Location (SUPL) Server. [Read more…]