ERIXF - Telefonaktiebolaget LM Ericsson (publ)

Other OTC - Other OTC Delayed Price. Currency in USD
8.56
-0.44 (-4.89%)
At close: 12:04PM EST
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Previous Close9.00
Open8.56
Bid0.00 x 0
Ask0.00 x 0
Day's Range8.50 - 8.56
52 Week Range7.63 - 10.41
Volume3,146
Avg. Volume34,975
Market Cap28.063B
Beta (5Y Monthly)0.37
PE Ratio (TTM)N/A
EPS (TTM)-0.72
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateMar 28, 2018
1y Target EstN/A
  • Reuters

    Global telcos join Alphabet, SoftBank's flying cellphone antenna lobbying effort

    Alphabet and SoftBank's attempts to launch flying cellphone antennas high into the atmosphere have received backing from global telcos, energising lobbying efforts aimed at driving regulatory approval for the emerging technology. Loon, which was spun out of Google parent Alphabet Inc's business incubator, and HAPSMobile, a unit of SoftBank Group Corp's domestic telco, plan to deliver high speed internet to remote areas by flying network equipment at high altitudes.

  • PR Newswire

    Invitation to Ericsson's Annual General Meeting 2020

    The Annual General Meeting of shareholders of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) will be held on Tuesday, March 31, 2020, at 3 p.m. at Kistamassan, Arne Beurlings Torg 5, Kista/Stockholm.

  • Ericsson (ERIC) Brings AI-Driven Energy Management Solution
    Zacks

    Ericsson (ERIC) Brings AI-Driven Energy Management Solution

    Ericsson's (ERIC) new energy management solution, currently live in Telenor Myanmar's network, has been tested with customers in Europe, Asia, Middle East and Latin America.

  • Reuters

    CORRECTED-Malaysia to choose 5G partners based on own security standards

    Malaysia's own security standards will dictate which companies take part in its planned 5G rollout this year, its communications minister told Reuters on Monday, as the United States pushes countries to exclude China's Huawei. Huawei, the world's largest telecommunications equipment maker, has been at the centre of a U.S.-led campaign to clamp down on the use of Chinese technology in the development of the next-generation telecommunications platform because of concerns the equipment could be used by Beijing for spying. The United States placed Huawei on a trade blacklist in May, and in February U.S. prosecutors accused it of stealing trade secrets and helping Iran to track protesters.

  • Reuters

    Rebuffed by UK, U.S. pitches 'big tent' for Huawei rivals in Europe

    The United States is seeking to rally European support for competitors to Huawei Technologies following disappointment in Washington over Britain's decision to use 5G equipment made by the Chinese company. U.S. officials at a global security conference in Germany this week urged governments and business leaders to build an ecosystem of "industry champions" that can provide alternatives to Huawei, the world's biggest maker of mobile networking equipment. Chinese Foreign Minister Wang Yi told Reuters on Friday there was no credible evidence that Huawei was a threat to U.S. security.

  • Reuters

    U.S., allied firms testing alternatives to Chinese 5G technology - Esper

    U.S. Secretary of Defense Mark Esper said on Saturday that Washington was working with technology companies in the United States and allied nations to develop alternatives to Chinese 5G vendors and was already testing them at U.S. military bases. "We are encouraging allied and U.S. tech companies to develop alternative 5G solutions and we are working alongside them to test these technologies at our military bases as we speak," Esper said at the Munich Security Conference.

  • Reuters

    U.S. looking for industry partnership to counter Huawei - White House official

    The United States is looking to develop a partnership with the telecoms industry to provide alternatives to China's Huawei Technologies, a senior White House official said on Friday. U.S. Attorney General William Barr has previously proposed that the United States consider taking control of two major foreign rivals of Huawei, although the White House later dismissed the suggestion.

  • PR Newswire

    Ericsson Launches AI-powered Energy Infrastructure Operations

    Ericsson (NASDAQ: ERIC) has launched AI-powered Energy Infrastructure Operations, a new energy management solution that leverages artificial intelligence and advanced data analytics to optimize energy consumption across network infrastructure for communications service providers.

  • PR Newswire

    Ericsson Launches New AI-powered Network Services

    Ericsson (NASDAQ: ERIC) has launched two new artificial intelligence (AI)-powered offerings in its Network Services portfolio, enabling communications service providers to secure always-on networks and deliver optimal user experiences.

  • Financial Times

    Ericsson claims 5G leadership over Huawei

    Ericsson had already pulled out of what would have been its biggest representation in the show's 30-year history. The London event did allow us to take the temperature of 5G progress though, with the company eager to get its message out that, despite all the Huawei hoo-ha, it is Ericsson that has global leadership in next-generation networks.

  • PR Newswire

    Telenor Sweden Accelerates Industry 4.0 With Ericsson Industry Connect

    Ericsson (NASDAQ: ERIC) and Telenor Sweden have signed an agreement making Telenor the first mobile network operator worldwide to join the Ericsson Industry Connect partner program and become a reseller of Ericsson Industry Connect.

  • Financial Times

    Do Europe’s champions need help in 5G tech battle?

    to fend off Chinese giant Huawei. The Swedish and Finnish telecoms equipment companies could be acquired “either directly or through a consortium of private American and allied companies”, he said. Lacking an indigenous alternative, US officials have been exploring ways to bolster Ericsson and Nokia, Huawei’s main rivals.

  • Reuters

    Merkel's conservatives set to stop short of Huawei 5G ban in Germany

    Lawmakers from Chancellor Angela Merkel's conservative party are set on Tuesday to back a strategy paper that stops short of banning China's Huawei from taking part in the rollout of Germany's 5G network. The move would rebuff U.S. President Donald Trump's calls on Washington's allies to bar the Chinese telecoms giant from next-generation networks after Britain stopped short of an outright ban and the European Union backed a rules-based approach. Leading Christian Democrat lawmakers signed off on the four-page paper on Monday evening after weeks of wrangling with hardliners who sympathise with U.S. warnings that Huawei's gear is not safe and it is beholden to Beijing.

  • Reuters

    Sony latest to withdraw from Barcelona conference over coronavirus fears

    Sony Corp on Monday became the fifth company to pull out of this month's international telecoms conference in Barcelona over fears related to the coronavirus. The event, the Mobile World Congress - which attracts more than 100,000 visitors, is due to take place on Feb 24-27. Amazon.com Inc, South Korea's LG Electronics , Swedish equipment maker Ericsson and U.S. chipmaker Nvidia have already said they will not attend the conference.

  • Reuters

    REFILE-Amazon pulls out of major Barcelona telecoms conference over coronavirus

    BERLIN/MADRID, Feb 9 (Reuters) - Amazon.com Inc has pulled out of this month's Mobile World Congress because of the coronavirus outbreak, in another blow to one of the telecom industry's biggest gatherings which attracts over 100,000 visitors to Barcelona. "Due to the outbreak and continued concerns about the novel coronavirus, Amazon will withdraw from exhibiting and participating in Mobile World Congress 2020," the company said in a statement on Sunday. Amazon had planned a significant presence through its cloud computing arm AWS, which was due to host a full-day conference track on the first day of the event.

  • Reuters

    U.S., Europe could team up on 5G, but not if trade war under way -German lawmaker

    The United States and the European Union could team up to counter the dominance of China's Huawei Technologies in next-generation 5G telecoms technology, but not if Washington continues to threaten tariffs against Brussels, a senior German conservative lawmaker said late on Friday. Norbert Roettgen, a member of German Chancellor Angela Merkel's Christian Democrats, said he told U.S. officials during a visit to Washington that he saw opportunities for greater transatlantic cooperation on 5G that would benefit both sides.