August 31, 2016 10:36 PM ET

Communications Equipment

Company Overview of Ericsson AB

Company Overview

Ericsson AB manufactures and markets radio and television communication equipment. Ericsson AB was formerly known as Ericsson Radio Systems AB. The company is based in Kista, Sweden. Ericsson AB operates as a subsidiary of Telefonaktiebolaget LM Ericsson (publ).

Torshamnsgatan 21

Kista,  164 83

Sweden

Phone:

46 1 07 19 00 00

Fax:

46 87 52 80 56

Key Executives for Ericsson AB

Ericsson AB does not have any Key Executives recorded.

Ericsson AB Key Developments

Verizon Selects Ericsson and ADTRAN to Test NG-PON2 Equipment

Verizon has selected Ericsson and ADTRAN to begin testing next generation passive optical network 2, or NG-PON2, equipment in its Innovation Lab in Waltham, Massachusetts. Starting this month, Verizon will begin initial testing with equipment from Ericsson (in partnership with Calix) and ADTRAN. Testing will focus on several features of NG-PON2, including tuning performance, ability to carry residential and business services on the same platform, and interoperability and conformance testing to meet Verizon ONT specifications. Verizon is assessing this next-generation technology to provide increased speeds and functionality to customers on its Fios network. NG-PON2 technology supports up to 40G of total capacity and up to 10G speeds per customer, both upstream and downstream, over a single fiber - a tenfold increase over some of the current speeds in the industry. Using NG-PON2 technology, the company plans to initially deploy a number of business services in 2017, followed by residential services as the technology matures and the market demands. This technology allows Verizon to easily increase system capacity by adding wavelengths to meet the demand for traffic drivers such as ultra high definition video, virtual reality applications and cloud services. By implementing this advanced technology without having to change the current underlying fiber optic infrastructure, additional traffic can be carried cost effectively. Verizon also can improve flexibility and resiliency using NG-PON2, because traffic can be shifted amongst multiple wavelengths without impacting customers.

Fox Networks Group Middle East Selects Ericsson for Playout Services in the Middle East

Ericsson announced that it has signed an exclusive multi-year contract with Fox Networks Group Middle East to provide playout services for three new HD channels. The new channels - FOX Action Movies, FOX Family Movies, and FX - will be broadcast from Ericsson's broadcast and media services hub in Abu Dhabi and will be available 24 hours a day. The channels will provide innovative entertainment programming, subbed and dubbed family-orientated programming, drama and comedy tailored to a Middle East audience.

Ericsson to Establish New Broadcast and Media Services Facility in UK

Ericsson has announced that it will establish a new broadcast and media services facility in MediaCityUK, Salford, Greater Manchester. MediaCityUK is currently home to leading media organizations including the BBC and ITV. The new site will go live from First Quarter 2017 and will deliver playout and media management services for clients like the BBC 24 hours a day. Additionally, Ericsson has extended its lease at Broadcast Centre, London. Work is underway to establish world-class broadcast and media services facilities which will include playout suites, continuity and quality control areas, media management areas, master control facilities and a network operations center. Broadcast Centre will also house a new creative studio - home to Ericsson's creative agency Red Bee.

Similar Private Companies By Industry

Company Name Region
21st Century Mobile AB Europe
A Brand New World In Sweden AB Europe
Aptilo Networks AB Europe
Aucom, Konsultfirman Europe
Audio To Me AB Europe

Recent Private Companies Transactions

Type
Date
Target
Private Placement
June 27, 2016
Resin, Inc.
Private Placement
September 30, 2015
NodePrime, Inc.
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Ericsson AB, please visit www.ericsson.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.