Telefonaktiebolaget LM Ericsson engages in the provision of telecommunications equipment and related services to mobile and fixed network operators. The company is headquartered in Stockholm, Stockholm and currently employs 91,937 full-time employees. The company went IPO on 2008-01-01. The firm'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. The company 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.
Follow-Up Questions
Who is the CEO of Telefonaktiebolaget LM Ericsson?
Mr. E. Boerje Ekholm is the President of Telefonaktiebolaget LM Ericsson, joining the firm since 2006.
What is the price performance of ERIC stock?
The current price of ERIC is $9.83, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Telefonaktiebolaget LM Ericsson?
Telefonaktiebolaget LM Ericsson belongs to Communications industry and the sector is Information Technology
What is Telefonaktiebolaget LM Ericsson market cap?
Telefonaktiebolaget LM Ericsson's current market cap is $30.2B
Is Telefonaktiebolaget LM Ericsson a buy, sell, or hold?
According to wall street analysts, 25 analysts have made analyst ratings for Telefonaktiebolaget LM Ericsson, including 2 strong buy, 3 buy, 13 hold, 8 sell, and 2 strong sell
