Ericsson Working to Restore Services After Customer Network Disturbances -- Update

Date : 12/06/2018 @ 5:45PM
Source : Dow Jones News
Stock : Ericsson - Ads Each Representing 1 Underlying Class B Share (ERIC)
Quote : 8.79  0.01 (0.11%) @ 1:00AM

Ericsson Working to Restore Services After Customer Network Disturbances -- Update

Ericsson - Ads Each Representing 1 Underlying Class B Share (NASDAQ:ERIC)
Historical Stock Chart

1 Month : From Nov 2018 to Dec 2018

Click Here for more Ericsson - Ads Each Representing 1 Underlying Class B Share Charts.
   By Michael Dabaie 
 

Ericsson (ERIC) said Thursday it has taken steps to restores services after disturbances in a number of its customer networks.

The telecommunications equipment and services company said it identified an issue in certain nodes in the core network resulting in network disturbances for some customers in multiple countries using two specific software versions of the Serving GPRS Support Node Mobility Management Entity.

An initial root cause analysis indicated the main issue was an expired certificate in the software versions installed with these customers, Ericsson said. The company said most of the affected customers network services have been restored and it is working with the remaining customers still experiencing issues.

Japan's SoftBank said Thursday that some services weren't available from 1:39 p.m. to 6:04 p.m. Japan time due to a network outage caused by Ericsson-made software errors.

A tweet from the account of Mark Evans, chief executive of Telefonica's O2, said the company is working with Ericsson to resolve the issue with its network.

Ericsson ADRs were recently up 2.8%.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

December 06, 2018 12:30 ET (17:30 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

Latest ERIC Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.