Last €9.02 EUR
Change Today +0.158 / 1.78%
Volume 430.0
ERCG On Other Exchanges
Symbol
Exchange
NASDAQ GS
Stockholm
Stockholm
Helsinki
Frankfurt
Mexico
Frankfurt
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OTC US
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As of 11:00 AM 05/22/13 All times are local (Market data is delayed by at least 15 minutes).

ericsson lm-a shs (ERCG) Snapshot

Open
€8.86
Previous Close
€8.86
Day High
€9.02
Day Low
€8.86
52 Week High
03/14/13 - €10.15
52 Week Low
11/19/12 - €6.39
Market Cap
--
Average Volume 10 Days
274.1
EPS TTM
--
Shares Outstanding
0.0
EX-Date
04/10/13
P/E TM
--
Dividend
€2.81
Dividend Yield
3.65%
Current Stock Chart for ERICSSON LM-A SHS (ERCG)

ericsson lm-a shs (ERCG) Latest News

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ericsson lm-a shs (ERCG) Details

Ericsson provides telecommunications equipment and services to mobile and fixed network operators worldwide. It operates in four segments: Networks, Global Services, Support Solutions, and ST-Ericsson. The Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transport networks, and core networks. This segment’s products include radio access solutions; IP and transport solutions; transmission/backhaul solutions, which include microwave (MINI-LINK) and optical transmission solutions; switching and IP multimedia subsystem solutions; and operations support systems, as well as supports operators’ management of existing networks. The Global Services segment delivers managed services, including solutions for designing, building, operating, and managing networks or solutions; maintenance and network sharing solutions; shared solutions; and broadcast and managed services. This segment also offers product-related services comprising services to expand, upgrade, restructure, or migrate networks; network-rollout services; and customer support and network optimization services, as well as provides consulting and systems integration services that include 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 and business support systems, which enable networks and services management, and customer interaction and revenue management; television (TV) and media management services that enable operators, broadcasters, and content owners to create multiscreen TV; and M-commerce software solutions and hosted services. The ST-Ericsson segment offers modems and ModAps for handset and tablet manufacturers. Ericsson was founded in 1876 and is headquartered in Stockholm, Sweden.

109,648 Employees
Last Reported Date: 04/24/13
Founded in 1876

ericsson lm-a shs (ERCG) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

ericsson lm-a shs (ERCG) Key Developments

Ericsson to Close Down Telecom Cable Manufacturing

Ericsson initiated union negotiations to close down its telecom cables operation within business unit Networks. In Europe there is more production than demand for both copper and fiber cables. The announcement primarily impacts the operations in Hudiksvall and Stockholm. A notice of reduction of 318 positions in Hudiksvall is given, and a dialog with the unions in Stockholm for how to close down 36 positions in Stockholm is initiated. Union negotiations expected to be completed during the third quarter 2013.

Verizon Wireless to Enhance 4G LTE Network Using Ericsson Small Cell Product

Ericsson and Verizon Wireless announced that they will be partnering to begin the deployment of small cells in the operator's 4G LTE network this year. Adding small cells will help increase the capacity in Verizon's 4G LTE network, enabling it to continue providing high quality and reliable mobile broadband service to its customers. The small cell deployment is the latest step in Ericsson's ongoing cooperation with Verizon as the operator rolls-out its 4G LTE nationwide network. Small cell deployment is a key part of Ericsson's heterogeneous network strategy. By integrating small cells as part of the macro mobile network, operators can cost effectively provide increased network capacity and improved coverage. It also provides full-service transparency in the network, ensuring that VoLTE, eMBMS and similar functionality work seamlessly in the network.

Huawei Signs Memorandum of Understanding for Operations Support System Interoperability Initiative

Huawei announced the signing of a MoU for an Operations Support System Interoperability Initiative (OSSii) along Ericsson with and Nokia Siemens Networks. The OSSii aims to simplify interoperability between OSS systems in a multi-vendor environment. The initiative will provide easy access to interfaces that earlier were subject to restricted use, and will enable interoperability testing services to a wider community. The parties' general guiding principles for the OSSii are openness, fairness, reasonableness and non-discriminatory treatment. Industrywide interoperability between different vendor OSS systems will reduce OSS integration costs, simplify overall network management, and enable shorter time-to-market for new services. By enabling the implementation of 'up-front' multi-vendor OSS interoperability, OSSii will also target the promotion of healthy, win-win competition for network-level OSS systems. While all three initiating OSSii companies have agreed to cross-license their OSS interfaces for multi-vendor network management, cross-licensing and interoperability testing opportunities will also be offered for third-party OSS vendors and other network equipment providers.

 

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ERCG Competitors

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Industry Analysis

ERCG

Industry Average

Valuation ERCG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.1x
Price/Book 1.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.6x
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