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Ericsson (ERICN.MX)

155.19 Up 1.31(0.85%) Oct 17
ProfileGet Profile for:
Torshamnsgatan 21
Stockholm, 164 83
Sweden - Map
Phone: 46 1 07 19 00 00

Index Membership:N/A
Industry:Communication Equipment
Full Time Employees:115,382

Business Summary 

Ericsson provides telecommunications equipment and services to mobile and fixed network operators worldwide. It operates through four segments: Networks, Global Services, Support Solutions, and Modems. The Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transport networks, and core networks. This segment offers radio access solutions; IP and transport solutions; transmission/backhaul solutions comprising microwave and optical transmission solutions for mobile and fixed networks; switching and IP multimedia subsystem solutions; and operations support systems, as well as supports operatorsÂ’ management of existing networks. The Global Services segment delivers managed services, such as services for designing, building, operating, and managing networks or solutions; maintenance; network sharing solutions; shared solutions; and managed services of IT environments, as well as provides broadcast services. This segment also offers product-related services, including services to expand, upgrade, restructure, or migrate networks; network-rollout services; customer support; and network optimization services. In addition, it provides consulting and systems integration services comprising technology and operational consulting, integration of multi-vendor equipment, design and integration, and transforming programs; and industry specific solutions. The Support Solutions segment offers operations support systems; business support systems that provide revenue management, mediation, and customer care solutions; television (TV) solutions for the creation, management, and delivery of TV experiences on any device over any network; and M-Commerce solutions for money transfer. The Modems segment designs, develops, and sells LTE multimode thin modem solutions for smartphone and tablet manufacturers. The company has a strategic partnership agreement with OJSC MegaFon. Ericsson was founded in 1876 and is headquartered in Stockholm, Sweden.

Key Statistics

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Key Executives 
Mr. Hans Vestberg , 49
Chief Exec. Officer, Pres and Director
Mr. Jan Frykhammar , 49
Chief Financial Officer, Head of Group Function Fin. and Exec. VP
Ms. Eva-Britt Allenius ,
Chief Accounting Officer
Mr. Ulf Ewaldsson , 49
Chief Technology Officer, Head of Technology Group and Sr. VP
Mr. Anders Thulin , 51
Chief Information Officer, Head of Group Bus. Excellence & Common Functions and Sr. VP
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in MXN.