On Monday, Shares of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC), REMAIN FLAT and closed at $5.43 in the last trading session. ERIC stock opened its last trade at $5.42 and after floating in a range of $5.38 to $5.44. The company’s Market capitalization is $18.31 Billion with the total Outstanding Shares of 3.00 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $5.35 and reached to max level of $10.58. Ericsson (ERIC) recently declared it has joined the CBRS Alliance, an organization dedicated to developing, marketing and promoting LTE-based solutions utilizing the shared spectrum of the US 3.5 GHz Citizens Broadband Radio Service (CBRS) band.
Ericsson believes that the shared spectrum approach in the CBRS band could become an effective way to facilitate the growth of wireless data, counting mobile broadband, IoT and fixed applications, now and in the future.
Spectrum sharing expands access to LTE technologies beyond mobile operators into new customer segments and vertical enterprises.
The CBRS Alliance presents an opportunity to refine and generate industry learnings in spectrum sharing and to provide an industry platform for negotiation and innovation in this approach to spectrum allocation. The Alliance will work towards LTE CBRS field trials in the second half of this year and is developing an official certification process towards successful deployments of CBRS infrastructure.
Frontier Communications Corp (NASDAQ:FTR), DROOPED -1.02% and closed at $3.90in the last trading session. FTR stock opened its last trade at $3.96 and after floating in a range of $3.88 to $3.98. The company’s Market capitalization is $4.51 Billion with the total Outstanding Shares of 1.17 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $3.81 and reached to max level of $5.85. Frontier Communications Corporation recently opened its first Frontier Premier retail stores in Southern California, selecting locations in the cities of Norwalk and Pomona for stores that will offer customers a higher level of personal interaction, facilitate local community engagement and enhance Frontier’s business presence in the region.
Featuring interactive demo stations, HD flat-screen TVs and expert staff, the Frontier Premier stores offer consumers a relaxed environment where they can evaluate and purchase various high-tech communications, entertainment products and services Frontier offers for home, office and business. These include quality TV, high-speed internet and phone services. Customers can also check out and learn about Frontier’s business solutions, counting commercial telephone systems. Home phones and tablets will also be available.
“We are excited to open our first Frontier Premier stores in Southern California,” said Cameron Christian, vice president of marketing for Frontier Communications West Region. “Our stores will facilitate us to add a personal touch with a higher level of personal service for our customers and simultaneously strengthen our local engagement presence and deepen our investment in the communities we serve.”