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 (STO:ERIC) Ericsson (NASDAQ:ERIC) has been selected as sole supplier to supply and operate a complete GSM mobile network for Cable&Wireless EAUS (Europe, Asia and US) as it launches its new Fixed Mobile Convergence (FMC) services in the UK. As Cable&Wireless' exclusive managed services partner, Ericsson will also be responsible for running the network for five years.
Ericsson (STO:ERIC) Ericsson (NASDAQ:ERIC) has signed the largest single contract in Vietnam, amounting to USD 450 million, to develop and modernize Hanoi Telecom's nationwide mobile network. The strategic partnership, a first in Vietnam, will also see Ericsson managing and operating the network under a full-scope managed services contract.
Ericsson (STO:ERIC) Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) confirms that as per August 29, 2008, the company's share capital amounts to SEK 16,231,758,678 and the total number of shares amounts to 3,246,351,735, of which 261,755,983 A shares and 2,984,595,752 B shares. The changes are due to the recent new issue of 19 900 000 C shares, which by virtue of the conversion provision in the articles of association have been converted to B shares. This is in accordance with the resolution by the Annual General Meeting 2008, to expand the treasury stock as part of the financing of Ericsson's Long-Term Variable Compensation Program (LTV) 2008.
Ericsson (STO:ERIC) Ericsson (NASDAQ:ERIC) is to supply, build, integrate operate and manage multiplay communications infrastructure for Saudi Arabia's high-tech flagship, King Abdullah Economic City. The five-year sole-supplier partnership agreement with Emaar, developer of the smart-city project, is the first for an end-to-end fixed network in Saudi Arabia.
Ericsson (STO:ERIC) Ericsson (NASDAQ:ERIC) has been selected by Telcel - Mexico's leading mobile operator and a subsidiary of América Móvil - to provide microwave-transmission links for high-speed mobile broadband.
Ericsson (STO:ERIC) For the first time, Ericsson (NASDAQ:ERIC) has combined a GSM base station and satellite transmission in a solar-powered site, enabling Cambodian mobile operator Star-Cell to expand its network coverage in remote areas. The solution offers affordable communications for all and is based on Ericsson's energy-optimized main-remote base-station.
Ericsson (STO:ERIC) STMicroelectronics (NYSE:STM) and Ericsson (NASDAQ:ERIC) today announced an agreement to merge Ericsson Mobile Platforms and ST-NXP Wireless into a joint venture. The 50/50 joint venture will have the industry's strongest product offering in semiconductors and platforms for mobile applications and will be an important supplier to Nokia, Samsung, Sony Ericsson, LG and Sharp. The fabless joint venture will employ almost 8,000 people with pro-forma 2007 sales of USD 3.6 b. ST is expected to exercise its option to buy NXP's 20 percent of ST-NXP Wireless before the closing of this transaction.
Ericsson (STO:ERIC) Ericsson (NASDAQ:ERIC) has formed a strategic partnership with leading Icelandic operator Síminn through a contract to expand its WCDMA/HSPA network into the 900MHz band. This will enable Síminn to deliver enhanced mobile data services to remote areas across Iceland.
Ericsson (STO:ERIC) Ericsson (NASDAQ:ERIC) is launching a pilot in Bangladesh to demonstrate how to improve productivity and quality of life in the country with the use of high-speed internet services through 3G/HSPA technology.
Ericsson (NASDAQ:ERICY) Ericsson (NASDAQ:ERIC) and Telekom Malaysia Berhad (TM), Malaysia's leading next- generation communications and broadband provider, have signed a two-year contract for the nationwide expansion of TM's optical network infrastructure and associated network management. The move will allow TM to meet growing consumer appetite for broadband services, including advanced applications such as Internet Protocol Television (IPTV).
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