Communication Equipment: Nokia Corporation (NYSE:NOK), Ericsson (ADR) (NASDAQ:ERIC), Ciena Corporation (NYSE:CIEN), JDS Uniphase (NASDAQ:JDSU)

The Financial Times recently reported that Nokia Corporation (ADR) (NYSE:NOK)’s wholly-owned subsidiary, Nokia Solutions and Networks (“NSN”), received a major 4G LTE network upgrade contract from EE, a leading U.K.-based wireless operator. Nokia Corporation (ADR) (NYSE:NOK) stock opened at $7.60 in last session, and closed at $7.64, while the day range of stock is $7.58 – $7.73. The stock showed a positive weekly performance of 4.23%.

Etisalat and Ericsson (NASDAQ:ERIC) have signed a Memorandum of Understanding for a new collaboration at Mobile World Congress (MWC). The collaboration will enable a high-speed, responsive network, laying the foundation for next-generation infrastructure for m-government and smart city initiatives. Ericsson (ADR) (NASDAQ:ERIC) stock opened at $12.73, in last session and closed at $12.71, by gaining 0.16%. The 52 week range of the stock is $10.67 – $14.22. Company’s market capitalization is $42.01 billion.

Ciena (NASDAQ:CIEN) has been given a consensus recommendation of “Buy” by the twenty-three ratings firms that are covering the stock,AnalystRatings.Net reports. Ciena Corporation (NYSE:CIEN) stock decreased -1.35% and finished the last session at $24.84. The EPS of the stock remained -0.84. Company’s market capitalization is $2.58 billion.

JDS Uniphase Corp. (NASDAQ:JDSU) Insider Thomas H. Waechter sold 9,409 shares of the stock in a transaction that occurred on Tuesday, February 25th. JDS Uniphase Corp (NASDAQ:JDSU) stock opened the session at $13.34, and closed the session at $13.52. The 52 week range of the stock remained $11.68 – $16.61 and the day range was $13.31 – $13.60.

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