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Telefonaktiebolaget LM Ericsson engages in the provision of telecommunications equipment and related services to mobile and fixed network operators. It operates through the following segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. Read More The Networks segment supports all radio-access technologies and offer hardware, software and related services for both radio access and transport. The Digital Services segment provides software and services in the areas of digital business support systems, operational support systems, cloud communication, cloud core, and cloud infrastructure. The Managed Services segment includes networks and information technology managed services, network design and optimization, and application development and maintenance. The Emerging Business and Other segment encompasses emerging business, Iconectiv, MediaKind, Red Bee Media, and Media Solutions. The company was founded by Lars Magnus Ericsson in 1876 and is headquartered in Kista, Sweden.
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Yahoo FinanceMar 21
Ericsson (ERIC) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, Ericsson (ERIC) closed at $9.81, marking a -0.1% move from the previous day. This change lagged the S&P 500's daily gain of 1.09%. At the same time, the Dow added 0.84%, and the tech-heavy Nasdaq gained 1.42%. Coming into today, shares of the telecommunications equipment provider had gained 6.51% in the past month. In that same time, the Computer and Technology sector gained 4.97%, while the S&P 500 gained 1.18%. ERIC will be looking to display strength as it nears its next ...
Seeking AlphaMar 21
KT chooses Ericsson to enable Korea's 5G network
Ericsson (ERIC -0.1% ) has won another global commercial 5G deal, this time with Korean provider KT (KT -0.8% ). Korean providers have united around KT's planned nationwide network as it races other countries to commercial service, and Ericsson is working to enable that launch in early April. Ericsson will provide 3GPP-compliant 5G New Radio hardware and software to cover KT's 3.5-GHz non-standalone network. Aside from immersive media, KT's commercialization use case covers smart factories, safety, drone...
Poland faces 5G slowdown without regulatory change: Ericsson
WARSAW (Reuters) - Poland will fall behind the rest of Europe on 5G unless it makes regulatory changes, an Ericsson executive told Reuters, raising fresh concerns over the country’s plans as it considers excluding China’s Huawei from its 5G rollout.
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