Ericsson (NASDAQ:ERIC)

12.53
Data as of Aug 19
 +0.08 / +0.64%
Today’s Change
11.50
Today|||52-Week Range
14.22
+2.37%
Year-to-Date
SECTOR
Electronic Technology
INDUSTRY
Telecommunications Equipment
MARKET CAP
$39.4B

Company Description

LM Ericsson Telefon AB provides telecommunications equipment and related services to mobile and fixed network operators globally. The company operates through three segments: Networks, Global Services and Support Solutions. The Networks segment delivers products and solutions for mobile and fixed broadband access, core networks, and transmission. Its offerings include radio access solutions that interconnect with devices, such as mobile phones, notebooks and personal computers, supporting all mobile technologies; fixed access solutions for both fiber and copper, such as GPON and DSL; IP core network solutions, including soft switches for edge- and core routing, IP multimedia subsystem and media gateways; microwave and optical transmission solutions for mobile and fixed networks; and network management tools for supporting operators' management of existing networks, as well as introduction of new network architectures, technologies and services. This includes tools for configuration, performance monitoring, security management, inventory management and software upgrades. The Global Services segment delivers managed services, consulting and systems integration, customer support and network rollout services. Its offerings include managed services comprising solutions for network design and planning, network operations, field operations and site maintenance and shared solutions, such as hosting of platforms and applications; consulting and systems integration, including technology and operational consulting, integration of multi-vendor equipment, design and integration of new solutions and handling of technology change and transformation programs, learning services and optimization services; around-the-clock support and advice to ensure network uptime and performance; and network rollout services, deploying new networks, and modernizing and expanding existing networks. The Software Solutions segment, which is the former name of Multimedia segment provides applications for operators and develops and delivers software-based solutions for real-time and on-demand TV, consumer and business applications and business support systems for telecom operators. Its offerings include IPTV solutions, video compression, on-demand solutions, content management systems, advertising and interactive TV applications for operators, service providers, advertisers and content providers; enterprise market solutions, such as converged business communication solutions, including Ericsson Business Communication Suite and brokering solutions that facilitate payment and distribution of content; and business support systems, including revenue management, customer care, device management and analytics. The company was founded by Lars Magnus Ericsson in 1876 and is headquartered in Stockholm, Sweden.

Contact Information

LM Ericsson Telefon AB
Torshamnsgatan 23
Stockholm -- 164 83
P:(610) 719-0000
Investor Relations:

Employees

Shareholders

Other institutional3.48%
Mutual fund holders1.78%
Individual stakeholders--

Top Executives

Hans VestbergPresident, Chief Executive Officer & Director
Jan FrykhammarChief Financial Officer & Executive Vice President
Ulf EwaldssonChief Technology Officer & Senior Vice President
Anders ThulinChief Information Officer & Senior Vice President
Johan WiberghExecutive Vice President & Head-Networks

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