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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Ericsson    ERIC B   SE0000108656

ERICSSON (ERIC B)
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Telefonaktiebolaget LM Ericsson : Movistar, Ericsson test Argentina’s first 5G network

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11/10/2017 | 06:21pm CEST

Movistar Argentina has teamed up with Swedish vendor Ericsson to test the country’s first 5G trial network. The test, which took place in Buenos Aires, utilised 28GHz millimetre wave (mmWave) spectrum, and achieved downlink transmission speeds of up to 20Gbps, via a combination of Massive MIMO, Beamforming and Beam Tracking solutions. Ericsson notes that the trial network will allow local telecoms operators and other ecosystem partners – such as academic institutions, health professionals, utilities and agriculture firms – to test the capabilities of 5G technology using an active network.

(c) 2002-2017 PriMetrica, Inc. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (SEK)
Sales 2018 200 B
EBIT 2018 7 610 M
Net income 2018 307 M
Finance 2018 16 076 M
Yield 2018 1,36%
P/E ratio 2018 1 551,18
P/E ratio 2019 34,01
EV / Sales 2018 1,24x
EV / Sales 2019 1,21x
Capitalization 263 B
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Mean consensus HOLD
Number of Analysts 25
Average target price 72,7  SEK
Spread / Average Target -7,7%
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Managers
NameTitle
Erik Börje Ekholm President, Chief Executive Officer & Director
Ronnie Leten Chairman
Carl Mellander CFO, Senior VP & Head-Group Function Finance
Erik Ekudden Senior Vice President & Chief Technology Officer
Torbjörn Nyman Director
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