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August 03, 2015 3:53 AM ET

Communications Equipment

Company Overview of Ericsson AB

Company Overview

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

Torshamnsgatan 21

Kista

Stockholm,  164 80

Sweden

Phone:

46 1 07 19 00 00

Fax:

46 87 52 80 56

Key Executives for Ericsson AB

Chief Executive Officer
Compensation as of Fiscal Year 2015.

Ericsson AB Key Developments

Ericsson Reportedly Seeks Acquisitions

Ericsson AB is looking for bigger merger and acquisitions. Ericsson is open to a transaction to counter a move by rivals Nokia and Alcatel-Lucent SA to combine and overtake the Swedish company as a leading provider of network equipment, said people familiar with the plans. Hans Vestberg, Chief Executive Officer of Ericsson plans to gather with his top managers next month to discuss strategy, and a key area is what Ericsson can do to respond after Nokia’s $16.6 billion acquisition of Alcatel-Lucent, said one of the people, who asked not to be identified discussing private deliberations. A spokesman for Ericsson declined to comment on Ericsson’s acquisition plans.

Ericsson AB Launches New Router 6000 Series

Ericsson AB has launched new Router 6000 series. The Router 6000 series addresses the end-to-end network security concerns and demand for higher operational efficiency. The advanced radio integrated transport, along with Service Provider SDN (Software Defined Network) functionality and Ericsson Network Manager, enables application aware traffic engineering with plug-and-play installation. The new router series is a key element in Ericsson's next-generation portfolio, a comprehensive suite of platforms running one network operating system (IPOS), spanning from cell-site routers to edge, mobile core and data centers.

Ericsson AB Announces Launch of New Modular Radio System

Ericsson AB has announced the launch of a new modular radio system. The company Radio System's modular architecture flexibly expands to changing demands on the road to 5G with multi-standard, multi-band and multi-layer technology. It all but eliminates site acquisition issues, delivering three times the capacity density with 50% improvement in energy efficiency. The system will give network operators the infrastructure they need to support growing mobile data needs, which are expected to reach 25 Exabytes per month by 2020, when 5G is expected to be commercialized.

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