MetaCap

Ericsson ADR Company Profile

NASDAQ: ERICTechnologyRadio And Television Broadcasting And Communications EquipmentUSD

9.46+0.03 (+0.32%)

At close: Oct 7, 4:00 PM ET · Delayed 15 min

Pre-market: 9.42 -0.42%

Ericsson at a glance

Ericsson ADR (NASDAQ: ERIC) is a Radio And Television Broadcasting And Communications Equipment company in the Technology sector headquartered in Stockholm, Sweden. Ericsson employs about 86,536 people. At a market capitalization of $30.78 billion, it is considered a large-cap company.

Its SEC Central Index Key (CIK) is 0000717826, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Ericsson do?

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions to communications service providers, enterprises, and the public sector in the Americas, Europe, the Middle East, Africa, Northeast Asia, Southeast Asia, Oceania, and India. It operates through Networks; Cloud Software and Services; Enterprise; and Other segments. The Networks segment offers hardware, software, and service offerings for intelligent, reliable and flexible 5G networks. This segment also provides energy-efficient RAN with an AI-native software architecture deployable on Ericsson silicon and third-party CPUs/GPUs; transport networks; and active/ passive antennas, as well as deployment and lifecycle management services. The Cloud Software and Services segment provides core networks, network management, business and operations support systems, and network operations delivered as managed services, including secure data and voice connectivity, service monetization and orchestration tools, and network management services. The Enterprise segment offers intelligent networking and advanced communications software solutions comprising global communications platform, wireless wide area networks (WWAN), and private 5G networks. The Other segment includes RedBee Media that prepares and distributes live and on-demand video services for broadcasters, sports leagues, and communications service providers. The company has a strategic collaboration with T-Mobile US, Inc for the development of AI-native Scheduler with Link Adaptation software. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

Business description based on the company's public filings.

Company information

Legal name
Ericsson ADR
Ticker
NASDAQ: ERIC
Industry
Radio And Television Broadcasting And Communications Equipment
Employees
86,536
Headquarters
Torshamnsgatan 21, Stockholm, Sweden
Phone
46 10 719 00 00
Market cap
$30.78B
SEC CIK
0000717826

Companies similar to Ericsson

ERIC peer companies
CompanyPrice% ChgMarket capCompare
UIUbiquiti Inc.634.66+1.31%$38.41Bvs ERIC
PLPlanet Labs PBC Class A17.75-4.42%$6.46Bvs ERIC
ONDSOndas Inc.7.19-2.97%$4.19Bvs ERIC
NOKNokia Corporation Sponsored ADR10.62-3.19%$59.46Bvs ERIC
VISNVistance Networks Inc.6.07-1.30%$1.40Bvs ERIC
HLITHarmonic Inc.11.27+0.45%$1.23Bvs ERIC
UMACUnusual Machines Inc.21.88-2.15%$1.09Bvs ERIC
BKSYBlackSky Technology Inc. Class A21.85-3.57%$894.21Mvs ERIC

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