Profile: Ericsson (ERIC.O)
Telefonaktiebolaget LM Ericsson (Ericsson), incorporated on August 18, 1918, is a supplier of equipment, integrated solutions, multimedia applications and services to operators worldwide. The Company is a provider of communications networks, related services and multimedia solutions. Through its joint ventures ST-Ericsson and Sony Ericsson, it also provides handsets. It offers a portfolio of telecommunication and data communication systems, multimedia solutions and professional services, covering a range of technologies. The Company operates in five segments: Networks, Professional Services, Multimedia, Sony Ericsson and ST-Ericsson. On June 17, 2009, the Company purchased Elcoteq SE’s manufacturing operations in Tallinn, Estonia. During the year ended December 31, 2009, the Company acquired Nortel’s code division multiple access (CDMA) and long-term evolution (LTE) operations in North America. In February 2010, the Company acquired the remaining interest in LHS AG. In April 2010, Telefonaktiebolaget LM Ericsson acquired Nortel Networks' North American global system for mobile communications (GSM) business. In June 2010, Nortel Networks Ltd. sold its 50% interest in LG-Nortel Co. Ltd., the Company's Korean joint venture with LG Electronics Inc., to Telefonaktiebolaget LM Ericsson. In December 2010, the Company acquired Optimi Corporation. In January 2011, the Company completed the sale of its 100% interest in Ericsson Federal Inc. to Tailwind Capital. In November 2012, Calix Inc completed acquisition of the Company's fiber access assets and the implementation of a Global Reseller Agreement between the two companies. In September 2013, completed the acquisition of Microsoft's Mediaroom business and TV solution.
The Company’s Networks segment delivers products and solutions for mobile and fixed broadband access, core networks and transmission, as well as related network rollout services. Its offering includes radio access solutions interconnect with devices, such as mobile phones, notebooks and personal computers (PCs), supporting mobile technologies, such as global system for mobile communications (GSM) and wideband code division multiple access (WCDMA) on the same platform; fixed access solutions; Ericsson’s core network solutions include softswitches, Internet protocol (IP) infrastructure for enhanced data GSM environment (EDGE) and core routing, IP multimedia subsystem (IMS) and media gateways; transmission/backhaul; micro wave and optical transmission solutions for mobile and fixed networks; related network rollout services; network management tools, and supporting operator activities for management of existing networks, as well as for introduction of new network architectures, technologies and services.
The Company’s Professional Services delivers managed services, systems integration, consulting, education and general customer support services. Its offering includes managed services, systems integration, consulting, education and customer support services. Its managed services consist of network operations and hosting of service layer platforms and applications. Ericsson integrates equipment from multiple suppliers and handles technology change programs, as well as design and integration of new solutions.
The Company’s Multimedia segment provides enablers and applications enabling operators to deliver an experience seamlessly on any device, any time and anywhere. The offerings include television solutions, which consists of end-to-end solutions for operators, service providers, advertisers and content providers; customer and business applications includes multimedia solutions for the consumer and enterprise markets; multimedia brokering solutions, which facilitate payment and distribution of content, and service delivering and provisioning platforms, which enables operators and service providers to create, sell and manage multimedia offerings and multi-play offerings. The Company’s Sony Ericsson segment consists of the joint venture Sony Ericsson Mobile Communications. Sony Ericsson delivers mobile phones and accessories. ST-Ericsson segment consists of the joint venture ST-Ericsson. ST-Ericsson designs, develops and creates mobile platforms and wireless semiconductors. On February 2, 2009, ST-Ericsson was formed by merging ST-NXP Wireless and Ericsson Mobile Platforms.
Ericsson competes with Alcatel/Lucent, Huawei, Nokia/Siemens, Cisco, ZTE, Juniper, Accenture, HP/EDS, IBM, Tata Consultancy Services, Tech Mahindra, Acision, Amdocs, Comverse, Harmonic, Oracle, Thomson, Nokia, Motorola, Samsung, LG, NEC, Sharp, Apple, HTC, RIM, Google and Microsoft.
KISTA 164 83