The acquisition of the U.S. wireless networking company helps Ericsson grow its 5G network.
"What started as a supply-side crisis has evolved into a global demand-side problem."
The satellite operator received $1 billion in debtor-in-possession financing to help it participate in an upcoming federal airwave auction.
The telecom giant said it would build the tool into its 5G offering.
The Finnish firm delivered a "solid" third quarter but its stock fell 24% as it forecast negative 3% margins for Q1.
The tech giant is aiming to sell the software into equipment for 5G technology.
A soon-coming world that's almost entirely digitized and connected will expose companies to vast new cybersecurity risks.
The move comes as rivals look to roll out new technology.
Technological advancement also promises huge strides for many industries but perhaps a dire fate for others, a futurist tells accountants and auditors.
The announcement comes as T-Mobile seeks approval for its merger with Sprint.
The new finance chief is leveraging his technology experience at IBM to further a business transition by the open-source software provider.
With a $3.1 billion offer for the spectrum owner, Verizon "now has all of the pieces in place to quickly accelerate the deployment of 5G."
