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Last $8.76 USD
Change Today -0.16 / -1.79%
Volume 3.5M
ERIC On Other Exchanges
As of 8:10 PM 02/5/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Torshamnsgatan 21


Stockholm, 164 83


Phone: 46 1 07 19 00 00


Ericsson provides communications technology and services worldwide. The company has long-term relationships with various major telecom operators. The company provides support for networks with approximately 2.5 billion subscribers. Segments The company’s segments include Networks, Global Services, and Support Solutions. Networks This segment provides the network infrastructure needed for mobile and fixed communication, including 2G, 3G (third generation mobile system and includes WCDMA (wideband code division multiple access (CDMA))/HSPA (high speed packet access), CDMA2000, and TD-SCDMA), and 4G radio networks; and IP (Internet protocol) core and transport networks. The major offerings comprise: The multi-standard RBS 6000 radio base station supports all the major mobile technologies, including Global System for Mobile Communications/EDGE, CDMA, WCDMA/HSPA, and LTE (long-term evolution) in a single cabinet. The IP and transmission solutions are based on the SSR 8000 portfolio. The SSR 8000 is a high-capacity platform that improves network performance and supports service differentiation in fixed and mobile networks. The momentum for the multi-application router has continued with 146 contracts. The Ericsson Blade Server platform includes functionality for handling network control in fixed and mobile core networks. The IP Multi-media Subsystem (IMS) solutions enable operators to offer communication in new ways, such as voice over LTE (VoLTE), high-definition video calling and conferencing, multi-party chat with presence information, and screen sharing. IMS enables VoLTE, high definition video, and the Ericsson cloud system. The Ericsson Cloud System is a platform for providing cloud services and to enable virtualization of network functions according to network functions virtualization, and where service provider software defined networking enables the distribution of the virtualized functionality. Optimized transmission/backhaul products include microwave and optical transmission solutions for mobile and fixed networks. The transmission network constitutes the links between the core network and access nodes. Strategy: This segment's strategy is to lead the radio evolution, improve IP networking, and transform to cloud core. Global Services This segment’s approximately 65,000 services professionals worldwide deploy, operate, and evolve networks and related support systems. This segment includes professional services and network rollout. The offerings comprise: Network managed services for designing, building, operating, and managing the day-to-day operations of the customer’s network or solution; maintenance; network sharing solutions; plus shared solutions, such as hosting of platforms and applications. Complex issues are handled, such as convergence, quality, and capacity management, so that operator resources could focus on strategy, marketing, and customer care. IT managed services, whereby the company assumes responsibility for aspects, such as application life-cycle management, application development, quality assurance and day-to-day operations and maintenance for both applications and infrastructure. Broadcast services for TV and media companies. Services include responsibility for technical platforms and operational services related to TV content management, play out and service provisioning of a TV broadcaster’s business. The company has the capability to consult, integrate, and manage business operations for TV and media, reusing skills, methods, and tools from network managed services. Broadcast services help to improve the efficiency of the business operations of content owners and broadcasters. The investment in Red Bee Media in 2014 further improved the broadcast services capabilities. Product-related Services: Services to expand, upgrade, restructure, or migrate networks; network-rollout services; customer support; and network optimization services. Network design and optimization services ensure that networks could handle high levels of data traffic while maintaining service quality and user experience. Consulting and Systems Integration (CSI): Technol


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