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Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)

5.45
BATS BZX Real-Time Price
As of 9:57am ET
 -0.10 / -1.80%
Today’s Change
4.83
Today|||52-Week Range
10.20
-43.29%
Year-to-Date
SECTOR
Electronic Technology
INDUSTRY
Telecommunications Equipment
MARKET CAP
$16.4B

Company Description

LM Ericsson Telefon AB provides telecommunications equipment and related services to mobile and fixed network operators globally. It operates through the following segments: Networks, Global Services and Support Solutions. The Networks segment delivers products and solutions for mobile access, Internet protocol and transport networks, and core networks. The Global Services segment delivers managed services, consulting and systems integration, customer support and network rollout services. The segment offerings include managed services, such as services for designing, building, operating, and managing networks or solutions; maintenance; network sharing solutions; shared solutions; and managed services of information technology environments, as well as provide broadcast services. The Support Solutions segment offers operations support systems; business support systems that provide revenue management, mediation, and customer care solutions; television solutions for the creation, management, and delivery of TV experiences on any device over any network; and M-Commerce solutions for money transfer. The Modems segment designs, develops, and sells long-term evolution multimode thin modem solutions for smartphone and tablet manufacturers. The company was founded by Lars Magnus Ericsson in 1876 and is headquartered in Kista, Sweden.

Contact Information

LM Ericsson Telefon AB
Torshamnsgatan 21
Kista Stockholm 164 83
P:(610) 719-0000
Investor Relations:
(610) 714-6449

Employees

Shareholders

Other institutional4.52%
Mutual fund holders4.43%
Individual stakeholders--

Top Executives

Jan Magnus FrykhammarPresident & Chief Executive Officer
Carl MellanderChief Financial Officer
Ulf EwaldssonSenior VP, Chief Strategy & Technology Officer
Magnus ManderssonExecutive VP & Head-Global Services Business Unit
Bina ChaurasiaChief Human Resources Officer & Senior VP