AT&T chooses Ericsson to modernize its wireless network with an architecture utilizing open standards, a nearly $14B project over five years; Nokia drops ~5% (Bloomberg)

Bloomberg:

AT&T chooses Ericsson to modernize its wireless network with an architecture utilizing open standards, a nearly $14B project over five years; Nokia drops ~5%  —  – Infrastructure deal aims to modernize network over five years  — Deal is a blow to Nokia, which will delay profit targets