Telefonaktiebolaget LM Ericsson (publ) (ERIXF)

OTCMKTS · Delayed Price · Currency is USD
8.00
-0.06 (-0.74%)
Dec 20, 2024, 3:00 PM EST
30.08%
Market Cap 26.88B
Revenue (ttm) 24.34B
Net Income (ttm) -134.58M
Shares Out n/a
EPS (ttm) -0.04
PE Ratio n/a
Forward PE n/a
Dividend 0.13 (1.65%)
Ex-Dividend Date Oct 1, 2024
Volume n/a
Open 8.06
Previous Close 8.06
Day's Range 8.00 - 8.06
52-Week Range 4.92 - 8.50
Beta 0.39
Analysts n/a
Price Target n/a
Earnings Date Jan 24, 2025

About ERIXF

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other. The Networks segment offers radio access network (RAN) solutions for various network spectrum bands, including purpose-built and open RAN-prepared hardware and so... [Read more]

Sector Technology
Founded 1876
Employees 99,519
Stock Exchange OTCMKTS
Ticker Symbol ERIXF
Full Company Profile

Financial Performance

Financial numbers in SEK Financial Statements

News

Ericsson to deploy ATEX-certified solution on Ooredoo Qatars offshore site

This deployment enables Ooredoo Qatar to provide superior 4G network quality to its enterprise customers, supporting both indoor and outdoor locations around the offshore rigs

1 day ago - Zawya

Ericsson and AXIAN Telecom collaborate to enhance youth digital skills in Africa

Partnering to digitally upskill young people in fields like 5G, AI, and IoT

6 days ago - Zawya

US trade tribunal finds Lenovo smartphones infringe Ericsson patents

The U.S. International Trade Commission said on Tuesday that smartphones made by Lenovo's Motorola Mobility infringe patents owned by Ericsson , which could lead to a ban on U.S. imports of the phones...

6 days ago - Reuters

Ericsson and Mobily unlock AI-driven network performance with 5G Uplink Interference trial

Ericsson and Mobily collaborate on an Artificial Intelligence-powered 5G trial aimed at advancing Mobilys network performance

14 days ago - Zawya

Bharti Airtel awards multi-billion dollar contract to Ericsson for 4G, 5G expansion

Bharti Airtel recently informed exchanges that it has awarded Ericsson a multi-year, multi-billion-dollar contract extension to deploy 4G and 5G Radio Access Network (RAN) solutions. This partnership ...

20 days ago - Business Upturn

Vietnam and Ericsson Strengthen Collaboration on Digital Transformation

On November 25, Prime Minister Pham Minh Chinh hosted Borje Ekholm, President and CEO of Ericsson, in Hanoi during Ekholm’s working visit to Vietnam. The meeting underscored the strengthening ties bet...

4 weeks ago - CEOWORLD magazine

Ericsson Mobility Report: early movers pursue performance-based business models

Global mobile network data traffic projected to grow almost 200 percent between 2024 and the end of 2030 6.3 billion global 5G subscriptions forecast by the end of 2030 - of which 60 percent are expec...

4 weeks ago - PRNewsWire

CEO of Europe's biggest telecom company's 'big warning' to lawmakers

Ericsson, Europe's leading telecom equipment company, considers moving its headquarters to the US due to Europe's struggling telecom market. CEO Borje Ekholm highlighted Europe's lagging 5G adoption a...

4 weeks ago - The Times of India

Vonage Survey Reveals Increased Acceptance of AI in Customer Support, with Nearly Two Thirds of Consumers Admitting More Efficient Interactions

U.S.-based Research by Vonage explores consumer sentiment around AI for customer support, highlighting perceived benefits and lingering concerns HOLMDEL, N.J. , Nov. 21, 2024 /PRNewswire/ -- Improved ...

4 weeks ago - PRNewsWire

Ericsson CEO Says Weak Europe Market Forces Firm to Grow Abroad

Europe is one of the weakest telecom markets in the world. And unless policymakers encourage more consolidation and cut regulation there, Ericsson AB Chief Executive Officer Börje Ekholm said his comp...

5 weeks ago - BNN Bloomberg

FPT and Ericsson Join Forces to Propel 5G-Driven AI, Data, and Digital Transformation

HO CHI MINH CITY, Vietnam--(BUSINESS WIRE)--Global technology corporation FPT and Global ICT leader Ericsson have entered a partnership to accelerate 5G adoption and drive advancements in artificial i...

5 weeks ago - Business Wire

E& UAE expands 5G network with Ericsson dual-band radios

To boost network performance and reduce emissions

5 weeks ago - Zawya

Zain Bahrain joins Ericsson to unveil hybrid power solution

By implementing this hybrid solution, Zain Bahrain aims to reduce fuel usage, achieving a daily average of 25% reduction in fuel consumption

7 weeks ago - Zawya

Ericsson and du expand 5G network in UAE

The expanded network will lay the groundwork for innovative services such as augmented reality, virtual reality, and cloud gaming as well as preparing the network for 5G Advanced

7 weeks ago - Zawya

Ericsson targets high-performing programmable networks with new 5G Advanced software

High-performing programmable networks empower communications service providers (CSPs) to steer network behavior, aligning it with diverse business goals for optimal outcomes Seven new 5G Advanced soft...

7 weeks ago - PRNewsWire

Ericsson announces change to the Executive Team

STOCKHOLM , Oct. 29, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces that MajBritt Arfert, the Company's Chief People Officer, will step down at the end of May, 2025.  Mrs. Arfert has bee...

7 weeks ago - PRNewsWire

Ericsson and MasOrange partner on European-first open programmable network integration

STOCKHOLM , Oct. 29, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and MasOrange, Spain's largest communications service provider (CSP) by customer base, are embarking on a major five-year Open RAN-rea...

2 months ago - PRNewsWire

Ericsson signs 5G ORAN deal with Spain's MasOrange

Ericsson has signed a 5G deal with Spain's largest telecoms operator, MasOrange, to upgrade its network using ORAN technologies, the Swedish company said on Tuesday, its first such deal in Europe afte...

2 months ago - Reuters

e& International, Huawei, Ericsson, Nokia and Intel team up

e& international and its partners will work together to set the standards for achieving this high level of autonomy

2 months ago - Zawya

E& international, Huawei, Ericsson, Nokia, and Intel to build AI-powered Autonomous Mobile Networks across markets

e& aims to achieve Level 4 autonomy by 2030 across international operations

2 months ago - Zawya

Ericsson conducts seamless automated upgrade of Vodafone Omans Core and Cloud

The project has prepared the communication service provider for 5G standalone implementation

2 months ago - Zawya

Wipro and Ericsson transform Odido’s billing platform to enhance customer experience and enable 5G services

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) and Ericsson (NASDAQ: ERIC) have announced the successful transformation of the billing experience for Odido’s 5 million mobile customers in the Neth...

2 months ago - Business Upturn

Coinbase, United Airlines And Sofi Tech Are Among Top 11 Large Cap Gainers Last Week (Oct 14-18): Are The Others In Your Portfolio?

These eleven large-cap stocks were the best performers in the last week. Are they in your portfolio? Coinbase Global, Inc. (NASDAQ: COIN) stock gained 24.85% last week after Bitcoin (CRYPTO: BTC) ro...

2 months ago - Benzinga

UAE: Ericsson and e& international sign AI MoU

The collaboration will focus on leveraging AI to foster innovation, improve network autonomy, and contribute to environmental sustainability

2 months ago - Zawya

Vonage Launches Intelligent Workspace to Deliver a Next-Gen Contact Center Experience

HOLMDEL, N.J. , Oct. 17, 2024 /PRNewswire/ --  Vonage , a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), has la...

2 months ago - PRNewsWire