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Technology Stocks : Ericsson overlook?
ERIC 9.295-0.3%3:59 PM EST
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To: Mika Kukkanen who wrote (3629)8/26/1999 10:14:00 AM
From: elmatador  Read Replies (1) of 5390
 
Yesterday Ericsson received an order for high-speed wire for 350,000 households. Ericsson will be main supplier when Bredbandsbolaget starts extending the Swedish broadband network. The value of the order is not known, but it is clear that Bredbandsbolaget has big plans. In the next two years the company will invest SEK 15 billion. Intel owns 22 percent of Bredbandsbolaget.
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