Telefonaktiebolaget LM Ericsson
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Information Technology : Communications Equipment | Large Cap Value
Based in Sweden
Company profile

Telefonaktiebolaget LM Ericsson (Ericsson) provides infrastructure, services and software to the telecommunication industry and other sectors. The Company's segments include Networks, IT & Cloud and Media. The Networks segment consists of two business units: Network Products and Network Services. The overall focus is on evolving and managing access networks, including the development of hardware and software for radio access and transport networks. The IT & Cloud business includes two business units: IT & Cloud Products and IT & Cloud Services. The focus in IT & Cloud is to help telecom operators and selected enterprises through the digital transformations ahead. It develops and delivers software-based solutions for television and media and combines a product portfolio that spans the television value chain, with systems integration and managed services. The portfolio includes compression, content publishing through set-top box or pure over-the-top, content delivery and analytics.

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Price
Delayed
$6.45
Day's Change
0.115 (1.82%)
Bid
--
Ask
--
B/A Size
--
Day's High
6.45
Day's Low
6.37
Volume
(Light)

Today's volume of 1,983,466 shares is on pace to be much lighter than ERIC's 10-day average volume of 8,319,411 shares.

1,983,466

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Yesterday's News, December 07, 2022
Aeris to Acquire IoT Business from Ericsson

Aeris Communications, a leading Internet of Things (IoT) solutions provider based in San Jose, California, and Ericsson (NASDAQ: ERIC) have signed an agreement for the transfer of Ericsson's IoT Accelerator and Connected Vehicle Cloud businesses. (BusinessWire)

Aeris to acquire IoT business from Ericsson

-- Ericsson's IoT Accelerator and Connected Vehicle Cloud businesses and related assets to be transferred to Aeris. -- Through the transaction, Aeris will become a market leader in IoT with strong synergies to create an unparalleled IoT offering for...(PR Newswire)

November 08, 2022
November 07, 2022
Ericsson sets data speed record on 5G CBRS spectrum

-- World's first demonstration of over 1Gbps 5G connection with Citizen's Broadband Radio Service (CBRS) spectrum in an indoor environment -- Seamless mobility between indoor and outdoor environment and high data rate in 5G Standalone architecture (PR Newswire)

October 25, 2022
Evergy partners with Ericsson and Burns & McDonnell to turn on private network in record time

Evergy (NYSE: EVRG), Ericsson (NASDAQ: ERIC) and Burns & McDonnell have launched a new private LTE (PLTE) core and radio access network (RAN) to help enable grid modernization efforts at Evergy, a U.S. investor-owned utility, in record time. The...(PR Newswire)

October 13, 2022
Ericsson's largest consumer study shows 5G is already paving the path to the metaverse

-- Ericsson ConsumerLab's 5G: The Next Wave report is the largest consumer 5G research to date. -- Compared to 4G users - 5G users spend an average of one hour per-week more on metaverse-related services, such as gaming in virtual worlds, and...(PR Newswire)

October 04, 2022
Sagebrush Cellular selects Ericsson to modernize its network with 5G capabilities

-- Ericsson will upgrade existing radio access network (RAN) and core equipment -- The solution will include the Ericsson Radio System, industry-leading Cloud Core, and IP Multimedia Subsystem (IMS) with a 5G-capable RAN across 115 sites in Montana...(PR Newswire)

September 28, 2022
Oklahoma-based Pine Cellular selects Ericsson to future-proof network

-- Ericsson will modernize Pine Cellular's existing 3G/4G equipment to 5G-ready products and solutions across radio and core -- Pine Cellular will be able to offer upgraded mobility and broadband services for an improved user experience (PR Newswire)

September 27, 2022
Appalachian Wireless brings 5G to eastern Kentucky with Ericsson

-- Ericsson will upgrade Appalachian Wireless' 4G network by deploying a new cloud-native dual-mode 5G Core and Ericsson Radio System to support 4G and 5G standalone (SA) connectivity -- This new network will bring advanced 5G services to customers...(PR Newswire)

Hiya and Ericsson Partner to Deliver Network-Based Call Protection to Wireless Carriers Globally

Hiya, the leading call performance management cloud, today announced a new partnership with Ericsson (NASDAQ: ERIC) to provide network-based call protection to wireless carriers globally. The new offering, named Call Qualification, is a spam and...(BusinessWire)

September 26, 2022
Bluesky selects Ericsson to modernize their network in American Samoa

-- Bluesky and Ericsson are partnering for the first time to modernize Bluesky's network and bring 5G to customers in American Samoa -- Ericsson will upgrade the existing core network, radios and other equipment (PR Newswire)

September 20, 2022
Ericsson publishes restated segment financials

-- Ericsson has published restated segment financials for 2020 full year, 2021 by quarter and 2022 Q1 and Q2 following the changed reporting structure as of Q3 2022 -- Conference call with CFO Carl Mellander for financial analysts, investors and...(PR Newswire)

September 14, 2022
Ericsson and KORE to Simplify Global IoT Deployments and Offer Unrivaled IoT Coverage in U.S.

The new alliance will enable enterprises to: -- Leverage KORE's unparalleled coverage in the U.S. in combination with Ericsson's IoT Accelerator's global deployment capabilities -- Simplify global deployments with control and visibility of devices...(PR Newswire)

September 13, 2022
Ericsson and National Science Foundation's AERPAW collaborate on 5G drone research to support smart agriculture

-- Demonstration shows video streamed from a drone on an Ericsson 5G radio and core network with available uplink speeds over 100 Megabits per second, and downlink speeds over 450 Megabits per second (PR Newswire)

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