Last kr102.90 SEK
Change Today +0.50 / 0.49%
Volume 7.4M
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As of 11:29 AM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

ericsson lm-b shs (ERICB) Snapshot

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01/23/15 - kr102.90
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ericsson lm-b shs (ERICB) Details

Ericsson provides telecommunications equipment and services to mobile and fixed network operators worldwide. It operates through four 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, 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 provides 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. In addition, 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. 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. Ericsson was founded in 1876 and is headquartered in Stockholm, Sweden.

117,508 Employees
Last Reported Date: 10/24/14
Founded in 1876

ericsson lm-b shs (ERICB) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

ericsson lm-b shs (ERICB) Key Developments

TeliaSonera Selects Ericsson to Manage Field Operations in Sweden

TeliaSonera has renewed and expanded its contract with Ericsson, that was initially signed back in 2010. Ericsson will now perform field operation services for the operator's fixed and mobile networks. As a result of contract extension, Ericsson will also expand its footprint into eight new regions which corresponds to a growth of 200%. Ericsson will deliver Field Services for fixed and mobile network. This includes work such as installation, repair and delivery of new and existing customer connections, both in the passive and active network. Increased network complexity and performance expectations puts high demands on the operators to run their operations in a cost-efficient manner while providing world-class experience to their customers. Ericsson has invested more than USD 1 billion in tools, methods and processes in order to help its customers increase network efficiency.

Ericsson Introduces New Maritime ICT Cloud Offering

Ericsson has introduced Maritime ICT cloud, a new offering that combines a managed cloud solution with industry applications, service enablement, connectivity management, and consulting and systems integration services. Ericsson's Maritime ICT Cloud will connect vessels at sea with shore-based operations, maintenance service providers, customer support centers, fleet/transportation partners, port operations and authorities. At the same time, the offering enables services used to manage fleets, monitor engines and fuel consumption, oversee routes and navigation, and ensure the wellbeing of the crew. Ericsson will provide everything from satellite connections to application support in one complete package, and manage operation of the Maritime ICT Cloud on behalf of its customers.

Ericsson Announces Change in Executive Leadership Team

Ericsson announced that Johan Wibergh, will leave his position to take on a role outside Ericsson. Wibergh joined Ericsson in 1996 and has since held a number of executive positions within the company. Since 2008 Wibergh has also been part of Ericsson's Executive Leadership Team. Although stepping down from his position immediately, Johan Wibergh will remain available to Ericsson until April 30, 2015 when he formally leaves the company.


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