ERIC - Telefonaktiebolaget LM Ericsson (publ)
8.06 +0.12 (1.51%)
Pre-Market: 4:16AM EDT
| Previous Close | 7.83 |
| Open | 7.89 |
| Bid | 8.09 x 1000 |
| Ask | 8.10 x 1000 |
| Day's Range | 7.86 - 7.96 |
| 52 Week Range | 5.52 - 8.39 |
| Volume | 2,425,906 |
| Avg. Volume | 4,354,818 |
| Market Cap | 26.624B |
| Beta | 0.91 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.89 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.13 (1.64%) |
| Ex-Dividend Date | 2018-04-02 |
| 1y Target Est | 8.10 |
- Zacks•5 days ago
Ericsson to Modernize Hi3G's Transport Network in Denmark
Ericsson's (ERIC) partnership with Hi3G is aimed at preparing the latter's network for future 5G requirements while supporting the significant rise in the number of connected devices on the network.
- PR Newswire•6 days ago
Hi3G Selects Ericsson to Develop Transport Network for 5G in Denmark
WASHINGTON, Aug. 15, 2018 /PRNewswire/ --Ericsson (ERIC) has been selected by Hi3G, operating as 3 in Denmark, to modernize its transport network with 5G-ready routers over the next three years. The new IP Mobile Backhaul transformation project will see the implementation of Router 6000 hardware, software and customer support (part of Ericsson Radio System). This will prepare Hi3G's network for future 5G requirements, and support the significant increase in the number of connected devices on the network.
- Zacks•8 days ago
Ericsson (ERIC) to Recruit 300 Staff in the United States
Ericsson (ERIC) aims to cater to the increasing demand for next-generation 5G equipment through the new recruitment plans.
Reuters•11 days agoEricsson to add 300 U.S. jobs as 5G demand picks up
Mobile telecom equipment maker Ericsson said on Friday it would add around 300 jobs in the United States to meet rising demand for next-generation 5G equipment. It said it is aiming to employ engineers and artificial intelligence specialists. It doesn't mean we are cutting (staff) somewhere else to do this," Chief Executive Borje Ekholm told Reuters.
Reuters•11 days agoEricsson to add 300 U.S. jobs as 5G demand picks up
Mobile telecom equipment maker Ericsson (ERICb.ST) said on Friday it would add around 300 jobs in the United States to meet rising demand for next-generation 5G equipment. It doesn't mean we are cutting (staff) somewhere else to do this," Chief Executive Borje Ekholm told Reuters. Many investors expect the Swedish company to benefit from a new cycle of network upgrades as demand for 5G gear kicks in later this year or early in 2019, starting in the United States.
- Financial Times•11 days ago
[$$] Ericsson to hire 380 staff and boost R&D in US expansion
US mobile phone companies are increasing their investment in 5G networks, which require new equipment supplied by the likes of Ericsson. T-Mobile has already signed a $3.5bn 5G investment deal with Nokia.
- MarketWatch•11 days ago
Ericsson to increase 5G and AI investments in U.S., employing over 280 people
Sweden-based network infrastructure company Telefon AB L.M. Ericsson (eric) is ramping up its investment in the U.S. to support the buildout of 5G and artificial intelligence initiatives. The company expects 5G subscriptions will reach 150 million in North America by the end of 2023, accounting for 48% of all mobile subscriptions. Ericsson opened a design center in Austin, Tex. in late 2017, which will have 80 employees when fully staffed, and plans to open a new software development center employing more than 200 engineers this year.
- PR Newswire•11 days ago
Ericsson Increasing US Investments to Support Accelerated 5G Deployments
STOCKHOLM, Aug. 10, 2018 /PRNewswire/ -- To support the accelerated build out of 5G in the United States, Ericsson (ERIC) will increase its investment in the market. This series of strategic initiatives will allow Ericsson to operate even closer to its customers, meeting the growing demand for 5G globally and in the region.
- PR Newswire•11 days ago
Ericsson Increasing US Investments to Support Accelerated 5G Deployments
STOCKHOLM, Aug. 10, 2018 /PRNewswire/ -- To support the accelerated build out of 5G in the United States, Ericsson (ERIC) will increase its investment in the market. This series of strategic initiatives will allow Ericsson to operate even closer to its customers, meeting the growing demand for 5G globally and in the region.
- MarketWatch•12 days ago
Nokia's credit rating rises out of junk territory at Fitch
MARKET PULSE Nokia Corp.'s (nok) credit rating was upgraded to BBB- from BB+ at Fitch Ratings, effectively lifting the Finland-based network infrastructure giant's credit out of junk territory.
- PR Newswire•13 days ago
Ericsson: Vivacom Launches 4G Voice Service and Wi-Fi Calling in Bulgaria
WASHINGTON , Aug 8, 2018 /PRNewswire/ -- The biggest telecom in total revenues on the Bulgarian market, VIVACOM, and Ericsson will deploy 4G Voice service (Voice over LTE) and Wi-Fi calling services in ...
- American City Business Journals•14 days ago
How Ericsson's Garcia Gomez is helping the Swedish giant with AT&T
Tech Titans, the largest technology trade association in Texas, has announced its 2018 finalists for the Tech Titans Awards. The Dallas Business Journal is profiling the finalists ahead of the Tech Titans Awards Gala, which will be held on Friday, Aug. 24 at Renaissance Dallas at Plano Legacy West. The reception kicks the event off at 5:30, with the awards portion of the program beginning at 7 p.m. For more information and to purchase tickets, click here. Ericsson’s Javier Garcia Gomez doesn’t just help manage any customer at the telecommunications-technology giant.
- Reuters•15 days ago
Reliance Communications, Sweden's Ericsson reach $80 million settlement
(Reuters) - Reliance Communications Ltd (RCom) said on Monday it had received approval from the Supreme Court to proceed with the sale of its wireless assets to Reliance Jio after it agreed to pay 5.5 ...
Reuters•15 days agoIndia's RCom, Sweden's Ericsson reach $80 million settlement
In May, India's bankruptcy court admitted a plea by Ericsson seeking insolvency resolution against RCom over unpaid service dues, potentially derailing the company's 250 billion rupee plan to sell assets to Reliance Jio. Ericsson had signed a seven-year deal in 2014 to operate and manage RCom's nationwide telecom network, and sought 11.55 billion rupees ($171.16 million) from the company and two of its subsidiaries.
- PR Newswire•19 days ago
Audi and Ericsson to Pioneer 5G for Automotive Manufacturing
INGOLSTADT, Germany and STOCKHOLM, August 2, 2018 /PRNewswire/ -- Premium automobile manufacturer Audi, and 5G innovation leader, Ericsson (ERIC) are announcing plans to pioneer the use of 5G technology for automotive production. At Audi's headquarters in Ingolstadt, Germany, the two companies agreed on a range of activities exploring the potential of 5G as a future-proof communication technology that can meet the high demands of automotive production. Audi and Ericsson have signed a Memorandum of Understanding (MoU) and in the coming months, experts from both companies will run field tests in a technical center of the "Audi Production Lab" in Gaimersheim, Germany.
- PR Newswire•22 days ago
Ericsson and LG Electronics Sign Global Patent License Agreement
STOCKHOLM , July 31, 2018 /PRNewswire/ -- The agreement includes a global cross license for cellular standard-essential patents between two of the most significant contributors to 3GPP standards Obtaining ...
- PR Newswire•22 days ago
Ericsson and LG Electronics Sign Global Patent License Agreement
STOCKHOLM , July 30, 2018 /PRNewswire/ -- The agreement includes a global cross license for cellular standard-essential patents between two of the most significant contributors to 3GPP standards Obtaining ...
- PR Newswire•22 days ago
Ericsson and LG Electronics Sign Global Patent License Agreement
STOCKHOLM , July 30, 2018 /PRNewswire/ -- The agreement includes a global cross license for cellular standard-essential patents between two of the most significant contributors to 3GPP standards Obtaining ...
Reuters•27 days agoNokia's profit expected to drop ahead of 5G fillip
Telecom network equipment maker Nokia (NOKIA.HE) is expected to post another plunge in quarterly profits on Thursday ahead of an anticipated boost later this year from next-generation 5G networks. The industry has struggled since demand for the current generation of 4G mobile equipment peaked in 2015, but the Finnish company has forecast 5G roll-outs will start later this year in the United States, followed in 2019 by renewed buying cycles in Japan and South Korea. "This should be the last weak quarter of this network market cycle," said Mikael Rautanen, an analyst at research firm Inderes, who has a "buy" rating on the stock.
- Reuters•27 days ago
Nokia's profit expected to drop ahead of 5G fillip
Telecom network equipment maker Nokia (NOKIA.HE) is expected to post another plunge in quarterly profits on Thursday ahead of an anticipated boost later this year from next-generation 5G networks. The industry has struggled since demand for the current generation of 4G mobile equipment peaked in 2015, but the Finnish company has forecast 5G roll-outs will start later this year in the United States, followed in 2019 by renewed buying cycles in Japan and South Korea. "This should be the last weak quarter of this network market cycle," said Mikael Rautanen, an analyst at research firm Inderes, who has a "buy" rating on the stock.
- PR Newswire•28 days ago
Play Selects Ericsson to Accelerate Nationwide Mobile Network Expansion in Poland
WASHINGTON , July 25, 2018 /PRNewswire/ -- P4 sp. z o.o. (Play), subsidiary of Play Communications S.A. (WSE: PLY), has selected Ericsson (NASDAQ: ERIC) as an additional partner to expand its radio access ...
- InvestorPlace•28 days ago
Ericsson Stock Is Heading to at Least $10/Share
Ericsson (NASDAQ:ERIC) has been in a funk for many years. By 2002, ERIC stock fell to as low as $2, as investors left the telecom equipment sector for dead. In 2003, ERIC stock bounced back from its low, hitting $8 that fall.
- PR Newswire•28 days ago
Play Selects Ericsson to Accelerate Nationwide Mobile Network Expansion in Poland
WASHINGTON , July 24, 2018 /PRNewswire/ -- P4 sp. z o.o. (Play), subsidiary of Play Communications S.A. (WSE: PLY), has selected Ericsson (NASDAQ: ERIC) as an additional partner to expand its radio access ...
- PR Newswire•28 days ago
Play Selects Ericsson to Accelerate Nationwide Mobile Network Expansion in Poland
WASHINGTON , July 24, 2018 /PRNewswire/ -- P4 sp. z o.o. (Play), subsidiary of Play Communications S.A. (WSE: PLY), has selected Ericsson (NASDAQ: ERIC) as an additional partner to expand its radio access ...
- PR Newswire•29 days ago
Singtel and Ericsson to Launch Singapore's First 5G Pilot Network
WASHINGTON, July 23, 2018 /PRNewswire/ --Singtel and Ericsson (ERIC) are strengthening their 5G Centre of Excellence Programme partnership with the announcement of a new initiative that will see Singapore's first 5G pilot network go live by Q4 this year. Announced today, the 5G pilot network will be deployed at one-north in Buona Vista, the country's science, business and IT hub. Renowned for its early embracing of new technology, the move is a significant landmark towards making 5G a reality in Singapore.
