Ericsson
STO:ERIC ISIN:SE0000108656
Our services, software and infrastructure - especially in mobility, broadband and the cloud - are enabling the telecom industry and other sectors to do better business, increase efficiency, improve the user experience and capture new opportunities.
With approximately 115,000 professionals and customers in 180 countries, we combine global scale with technology and services leadership. We support networks that connect more than 2.5 billion subscribers. Forty percent of the world's mobile traffic is carried over Ericsson networks. And our investments in research and development ensure that our solutions - and our customers - stay in front.
Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales in 2015 were SEK 246.9 billion (USD 29.4 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.
News
Ericsson (NASDAQ:ERICY) The Svea Court of Appeal today upheld the acquittals of all current and former Ericsson (NASDAQ:Eric) employees who faced charges of evasion of tax control, filed by the Swedish National Economic Crimes Bureau.
Ericsson (NASDAQ:ERICY) Cable & Wireless Jamaica has chosen Ericsson (NASDAQ:ERIC) as its long-term strategic business partner to upgrade and expand its network. Under the three-year agreement, Ericsson will be the Systems Integrator to transform Cable & Wireless' core network to a next-generation IP network, deploying Ericsson Mobile Softswitch and Mobile Packet Backbone Network solutions, as well as Ericsson Multi Mediation platform. As a strategic business partner, Ericsson will provide Cable & Wireless with systems integration services while facilitating the launch of a wide range of new and innovative next-generation broadband multimedia services, underpinning Cable & Wireless' subscriber demands.
Ericsson (NASDAQ:ERICY) Ericsson's (NASDAQ:ERIC) pioneering solar-powered site solution has been selected by Digicel Group, the largest mobile telecommunications operator in the Caribbean, to provide energy-lean network coverage in remote areas of Suriname. The solution offers the market's lowest energy consumption, helping reduce operating costs and environmental impact, and its deployment marks a first in South America.
Ericsson (NASDAQ:ERICY) Ericsson (NASDAQ: ERIC) has become partner of choice for the integration of HSPA mobile broadband modules into Toshiba's business laptop range in Europe, the Middle East and Africa (EMEA). HSPA (High Speed Packet Access) is the world's most widely deployed mobile broadband technology, with 198 commercially deployed networks available in 86 countries worldwide[1]
Ericsson (NASDAQ:ERICY) Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) confirms that as per June 30, 2008, the company's share capital amounts to SEK 16,132,258,678 and the total number of shares amounts to 3,226,451,735, of which 261,755,983 A shares and 2,964,695,752 B shares.
Sony Ericsson Sees Continued Market Challenges Impacting Sales And Profit In The Second Quarter 2008
Ericsson (NASDAQ:ERICY) London, UK - Sony Ericsson Mobile Communications AB ("Sony Ericsson") announces today that its net sales and net income before taxes in the second quarter of 2008 continue to be negatively affected by moderating demand of mid-to-high end mobile phones, in combination with a delay of new products shipped during the quarter.
Ericsson (NASDAQ:ERICY) Sony Ericsson, the 50/50 joint venture between Ericsson (NASDAQ:ERIC) and Sony Corporation (NYSE:SNE), today announced that the company sees continued market challenges impacting sales and profit in the second quarter 2008.
Ericsson (NASDAQ:ERICY) Ericsson (NASDAQ:ERIC) announced today that the company has decided to accept Nokia's cash offer to acquire all of the Symbian Limited shares that Nokia does not already own. Ericsson owns 15.6% of the shares in Symbian Limited. Symbian Limited, the software company that develops and licenses Symbian OS(TM), which is the market-leading open operating system for mobile devices, was co-founded by Ericsson in 1998. As Ericsson no longer manufactures mobile phones the shareholding in the company is not strategic for Ericsson.
Ericsson (NASDAQ:ERICY) Ericsson (NASDAQ:ERIC) announced today it has signed a five-year IT outsourcing contract with IBM including application maintenance and development for Ericsson. The contract will improve the efficiency of Ericsson's IT delivery to approximately 70,000 end-users and reduce operational expenditures. The new contract, which is an extension of a contract signed in 2003, will update Ericsson's IT services to cater better for the future needs of the company's employees and ensure flexible support for the global business.
Ericsson (NASDAQ:ERICY) At this year's Volvo Ocean Race viewers can keep up to date with the latest developments via live mobile TV, or through IPTV in each race village, delivered by Ericsson (NASDAQ:ERIC). Viewers will enjoy personalized coverage via a user-controlled camera interface offering multiple in-port race views - a breakthrough made possible by Ericsson's world leading technology.
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