Benzinga | Jun 17, 2021 07:58AM EDT

Ericsson Nabs 5G Equipment Contracts For UK, Germany From Longtime Partner Vodafone: Reuters

* Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) bagged 5G core equipment supply contracts from Vodafone Group PLC (NASDAQ:VOD) for its U.K. standalone network and 5G core network in Germany.

* The contract size and amount remain undisclosed.

* Ericsson was an existing Vodafone partner.

* Price action: ERIC shares traded lower by 1.92% at $12.74 in the premarket session on the last check Thursday.