XETR
ERCB
Market cap37bUSD
Jun 18, Last price
9.98EUR
1D
-1.09%
1Q
2.04%
Jan 2017
78.53%
IPO
26.33%
Name
Telefonaktiebolaget LM Ericsson
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Profile
Telefonaktiebolaget LM Ericsson (publ), a company founded in 1876 and based in Stockholm, Sweden, provides essential communication infrastructure, software, and comprehensive services to the global telecommunications industry and various other sectors. Its extensive operations are organized into four primary divisions. The Networks segment is responsible for delivering advanced radio access network technologies, incorporating integrated high-performance hardware and software compatible with diverse network spectrums. This division further offers integrated antenna and transport solutions, along with a full spectrum of services encompassing network deployment and continuous operational support. Ericsson's Digital Services segment specializes in software-centric solutions critical for business support systems, operational support systems, sophisticated communication services, core network functions, and cloud infrastructure management. The Managed Services segment is dedicated to assisting telecom operators, providing expertise in network and IT management, network design and optimization, and application development and maintenance. Finally, the Emerging Business and Other segment focuses on developing innovative ventures, such as Internet of Things (IoT) solutions, iconectiv, and Cradlepoint, which delivers 4G and 5G wireless edge wide-area network solutions for enterprises. This division also includes Red Bee Media, MediaKind, and various other burgeoning initiatives. The company boasts a significant global footprint, conducting business throughout North America, Europe and Latin America, the Middle East and Africa, Southeast Asia, Oceania, India, and Northeast Asia.
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