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Ericsson exits modem business

Ericsson is to stop developing modems, marking the end of an activity it had previously spun-out into the failed ST-Ericsson joint venture. In a statement, the company said that it will “shift part of [the] resources in modems to radio …

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AT&T eyeing Mexican opportunities

AT&T, the second-largest mobile operator in the US, could be interested in investing in Mexico, according to chief strategy officer John Stankey. Speaking at an investor conference, Stankey was quoted by Bloomberg as saying that he sees a lot of …