Ericsson (NASDAQ:ERIC)

12.62
Data as of Nov 21
 +0.21 / +1.69%
Today’s Change
11.20
Today|||52-Week Range
13.61
+3.10%
Year-to-Date
SECTOR
Electronic Technology
INDUSTRY
Telecommunications Equipment
MARKET CAP
$37.6B

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, Support Solutions and Modems. The Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transport networks, and core networks. This segment offers radio access solutions; IP and transport solutions; transmission/backhaul solutions comprising microwave and optical transmission solutions for mobile and fixed networks; switching and IP multimedia subsystem solutions; and operations support systems, as well as supports operators' management of existing networks. The Global Services segment delivers managed services, consulting and systems integration, customer support and network rollout services. Its 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 IT environments, as well as provide broadcast services. This segment also offers product-related services, including services to expand, upgrade, restructure, or migrate networks; network-rollout services; customer support; and network optimization services. It provides consulting and systems integration services comprising technology and operational consulting, integration of multi-vendor equipment, design and integration, and transforming programs; and industry specific solutions. This segment also provides responsibility for technical platforms and operational services related to TV content management, playout and service provisioning of a TV broadcaster's business. The Support Solutions segment offers operations support systems; business support systems that provide revenue management, mediation, and customer care solutions; television (TV) 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 LTE multimode thin modem solutions for smartphone and tablet manufacturers. The company has a strategic partnership agreement with OJSC MegaFon. The company was founded by Lars Magnus Ericsson in 1876 and is headquartered in Stockholm, Sweden.

Contact Information

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

Employees

Shareholders

Other institutional3.17%
Mutual fund holders2.26%
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-Segment Networks

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