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Last kr71.55 SEK
Change Today +1.05 / 1.49%
Volume 5.0K
As of 6:29 AM 02/12/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Torshamnsgatan 21

Kista

Stockholm, 164 83

Sweden

Phone: 46 1 07 19 00 00

Fax:

ave agreed to strengthen their collaboration in leading the 5G evolution and to extend this to the Internet of Things (IoT). In June 2015, Ericsson and Scuola Superiore Sant'Anna in Pisa announced a collaboration to introduce advanced integrated photonic components and optical solutions for enabling high-speed connectivity in an increasing connected world. In June 2015, Telecom Italia and Ericsson have signed an agreement to jointly develop innovative services and devices in the Internet of Things (IoT) and M2M fields. In July 2015, Turkcell and Ericsson entered into an agreement to collaborate on 5G research and development. In July 2015, Ericsson has partnered Universal Music to create Streamr, a 5G-ready tool designed to enhance concert experiences through real-time sharing of live videos. In July 2015, SK Telecom has signed an agreement with Ericsson to collaborate on the development of a 5G core network that deploys network slicing technology. In November 2015, Ericsson and Cisco announced a global business and technology partnership to create the networks of the future. In November 2015, Ericsson announced a 5G research and development collaboration with KDDI. In November 2015, Ericsson and Ooredoo Group have signed a Memorandum of Understanding for 5G development with the ambition of developing use cases, requirements and deployment scenarios for 5G technologies. In line with the collaboration, Ooredoo and Ericsson will evaluate both the performance and applicability of potential key 5G components in a controlled test environment. In December 2015, Ericsson and Mobile TeleSystems OJSC have agreed to cooperate on 5G research and deployment in Russia. In January 2016, Mobile TeleSystems PJSC and Ericsson announced the signing of a cooperation agreement on the research and deployment of 5G networks in Russia. In January 2016, TeliaSonera has announced a strategic partnership with Ericsson to launch 5G services in the Swedish and Estonian capitals of Stockholm and Tallinn in 2018. As part of the agreement, the two companies would develop 5G use-cases and service scenarios, including both communication and Internet of Things (IoT) services, with a view to addressing new business opportunities. History Ericsson was founded in 1876.

 

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Industry Analysis

ERICA

Industry Average

Valuation ERICA Industry Range
Price/Earnings 17.4x
Price/Sales 0.9x
Price/Book 1.6x
Price/Cash Flow 15.8x
TEV/Sales 0.5x
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