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Last $192.52 MXN
Change Today 0.00 / 0.00%
Volume 0.0
ERICN On Other Exchanges
As of 4:09 PM 03/6/15 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


OSS and BSS market, the company competes with various IT suppliers, such as Amdocs, Comverse, and Oracle. Competition in the TV business includes Harmonic and Harris. Competition in M-Commerce includes Comviva, Sybase, Infosys, and Gemalto. Modems This segment performs design, development, and sales of the long-term evolution multimode thin modem solutions, including 2G, 3G, and 4G interoperability. The modem portfolio targets smartphone and tablet manufacturers. Strategy The company’s long-term strategy includes excelling in its core business—radio, core and transmission, and telecom services; establishing leadership in targeted areas—modems, cloud, IP networks, TV, and media, as well as OSS and BSS; and expanding business in new areas. The company’s strategy is based on four pillars, such as excel in networks; expand in services; extend in support solutions; and establish a leading position in Networked Society enablers. Significant Events In May 2014, Ericsson appointed heads of the new business units, business unit Radio and business unit Cloud & IP. The two units are formed by a split of the current business unit Networks in a move to accelerate transformation and support growth. In June 2014, Murata Power Solutions and Ericsson announced that they have entered into a technical collaboration agreement with the goal of accelerating the adoption of digital power products. In June 2014, SK Telecom and Ericsson have signed an agreement for joint research for 5G technology in Stockholm. In August 2014, MegaFon and Ericsson announced the signing of a strategic partnership agreement to jointly develop telecommunications infrastructure in the next seven years. In September 2014, Ericsson announced its strategic partnership with Guardtime to integrate Keyless Signature Infrastructure (KSI) technology into Ericsson cloud portfolio to provide immutable evidence that would hold in court, and all associated capabilities are native and available at point of installation. In November 2014, Ericsson and IBM announced a collaboration to jointly research phased-array antenna designs for 5G, allowing networks to provide customers with data speeds orders of magnitude faster than what is available. In November 2013, Ericsson has extended its partnership with Zain Bahrain, through a new collaboration that would see the expansion of the operator’s LTE network. In March 2015, Etisalat Group and Ericsson have entered into a strategic partnership to develop 5G, the next generation of mobile technology, WAM. In March 2015, Ericsson has announced new collaborations with King's College London and Technische Universitat Dresden (TU Dresden). The collective efforts will focus on 5G research, addressing both the technical implications and the societal challenges of implementing the next-generation of communications technology. History Ericsson was founded in 1876.


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Valuation ERICN Industry Range
Price/Earnings 28.6x
Price/Sales 1.4x
Price/Book 2.3x
Price/Cash Flow 26.6x
TEV/Sales 0.9x

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