|Bid||6.960 x 29200|
|Ask||6.970 x 19400|
|Day's Range||6.910 - 6.990|
|52 Week Range||5.520 - 7.470|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.11 (1.61%)|
|1y Target Est||N/A|
Ericsson said it is writing down $1.77 billion in assets, the latest in a series of charges at the Swedish telecoms-equipment maker as it retools itself to better compete with nimbler Chinese manufacturers....
Swedish mobile network gear maker Ericsson (ERICb.ST) booked an impairment of 14.2 billion crowns ($1.8 billion) in the fourth quarter, related primarily to goodwill in its digital and media operations, hitting operating income but not cashflow. "The majority of goodwill originates from investments made 10 years ago or more, and has limited relevance for Ericsson's business going forward," Ericsson said in a statement. Once the world's biggest manufacturer of mobile network gear, Ericsson has been hit by competition from Huawei [HWT.UL] and Nokia (NOKIA.HE), while telecom operator spending has slumped ahead of the roll-out of next-generation 5G technology.
Today we’re going to take a look at the well-established Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC). The company’s stock saw a decent share price growth in the teens level on theRead More...
As Verizon (VZ) discusses the commercial deployment of its 5G wireless broadband service to residential customers in select US (SPY) cities starting in 2H18, it is important to examine how this move might impact its short-term spending and profitability. Verizon said it was eyeing up to five markets in the US, including Sacramento, California’s, for the commercial launch of its high-speed wireless Internet to household customers. According to Verizon’s estimates, about 30 million households across the US are ready for 5G wireless Internet speed.
How Will Juniper Perform in Fiscal 4Q17? The top four companies are Juniper (JNPR), Cisco (CSCO), Nokia (NOK), and China’s (FXI) Huawei. IHS Markit has also ranked these firms and measured several parameters—such as product reliability, price-to-performance ratio, service and support, technology innovation, and security.
Mobile communications companies have been hustling to make the transition to 5G happen, and Ericsson's CTO sat down with IBD at CES to talk about what that's been like.
The City of Dallas selects Ericsson (ERIC) to install and host an Advanced Traffic Management System ("ATMS") based on the company's Connected Urban Transport solution.
Some Dallas intersections will soon be equipped with technology to automatically notify 911 of accidents and allow dispatchers to watch live video of the scene before selecting the appropriate response, Ericsson’s Brenda Connor told the Dallas Business Journal. The city on Monday selected Ericsson (ERIC) to install a smart cities traffic management system that will allow for better sharing of data and video across city agencies, and eventually, across municipalities. It will also give the city the ability to analyze data in real-time and use the information to control traffic lights, school flashers and message signs.
Ericsson will help Switzerland’s Swisscom to modernize its network as part of the carrier’s preparation for the deployment of the more advanced 5G network technology.
Europe-based (EFA) telecom equipment vendor Ericsson (ERIC) is helping Entel prepare its network for 5G deployment.
Verizon (VZ) recently chose Ericsson (ERIC) to provide networking equipment for its pre-commercial trials of its 5G (fifth-generation) fixed-wireless service in the second half of 2018.
Ericsson (ERIC), Verizon Communications and Qualcomm Technologies deploy latest version of FDD Massive MIMO on Verizon's wireless network in Irvine, CA.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to LM Ericsson Telefon AB Here are 5 ETFs with the largest exposure to ERIC-US. Comparing the performance and risk of LM Ericsson Telefon AB with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower ... Read more (Read more...)
NBN Co selects Ericsson (ERIC) as partner of choice to continue to deliver fixed wireless as well as satellite operational services across Australia's regional and rural parts.
Deutsche Telekom selects Ericsson (ERIC) to modernize its mobile network with 5G-ready multi-standard solutions, which will offer better network performance experience to the company's subscribers.
Ericsson (ERIC) anticipates an explosion in 5G network rollout in the next few years. In its new "Mobility Report," Ericsson says that more than 20% of the world’s population, or 1.0 billion ...
Ericsson (ERIC) set to provide networking equipment for Verizon's (VZ) commercial 5G launch, scheduled for the second half of 2018.
Ericsson said on Friday it may have to book a goodwill impairment in its struggling digital services and media businesses, potentially hitting the Swedish mobile network equipment maker's operating income but not its cashflow. Once the world's biggest manufacturer of mobile network gear, Ericsson has been hit by competition from Huawei and Nokia while telecom operator spending has slumped ahead of the roll-out of next-generation 5G technology. Ericsson, which has cut costs and reorganised in response, said a restatement of its financials to reflect its new structure had uncovered the potential need for impairments.
Ericsson said on Friday it may have to book a goodwill impairment in its struggling digital services and media businesses, potentially hitting the Swedish mobile network equipment maker's operating income but not its cashflow. Once the world's biggest manufacturer of mobile network gear, Ericsson has been hit by competition from Huawei and Nokia while telecom operator spending has slumped ahead of the roll-out of next-generation 5G technology. Ericsson, which has cut costs and reorganized in response, said a restatement of its financials to reflect its new structure had uncovered the potential need for impairments.