Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

ERICSSON AB

(ERIC B)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Telefonaktiebolaget LM Ericsson : Ericsson and Vodafone bring 5G to Germany

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/06/2019 | 09:05am EDT

With their sights set on bringing 5G to 20 million people in Germany by the end of 2021, Ericsson and Vodafone have launched a commercial 5G network using Ericsson products and solutions.

Gerhard Mack, Vodafone Germany's Chief Technology Officer (CTO) at the event in Dusseldorf.

Vodafone Germany CEO Hannes Ametsreiter activated the first 5G base stations at a press event on July 16, bringing 5G connectivity to over 20 towns and cities. The event held in Dusseldorf also showcased a demonstration of >1Gbps speeds using Ericsson technology, complete with Ericsson Radio Dots and 5G Cloud Packet Core equipment.

Arun Bansal, President and Head of Europe & Latin America, Ericsson, says: 'This 5G deployment marks yet another monumental launch for us, as the only vendor activating 5G at scale, globally. We're looking forward to continuing our journey with our long-term partner Vodafone, as we connect the world with 5G. Our technology leadership allows us to use unique spectrum sharing abilities combined with Ericsson Cloud Packet Core, providing a powerful network platform that is capable of supporting service exposure and automation for service providers.'

Ericsson has deployed Massive MIMO AIR 6488 commercial hardware and Baseband 6630 from its Ericsson Radio System portfolio, which is used in the Vodafone network. The 5G base stations?are also connected to the Ericsson 5G Evolved Packet Core?Network, enabling Vodafone leadership with 5G capabilities.

(C) 2019 Electronic News Publishing, source ENP Newswire

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ERICSSON AB
09/20Europe's China telecoms gear ban would cost industry $3.5 billion
RE
09/20TELEFONAKTIEBOLAGET LM ERICSSON : Ericsson to begin US 5G smart manufacturing in..
AQ
09/17TELEFONAKTIEBOLAGET LM ERICSSON : Ericsson helps expand 5G to rural US customers
AQ
09/17TELEFONAKTIEBOLAGET LM ERICSSON : Ericsson automated smart factory operational i..
AQ
09/13TELEFONAKTIEBOLAGET LM ERICSSON : Ericsson and Qualcomm achieve commercial stand..
AQ
09/13TELEFONAKTIEBOLAGET LM ERICSSON : Qualcomm and Ericsson Prepare Next Phase of 5G..
AQ
09/12TELEFONAKTIEBOLAGET LM ERICSSON : Ericsson - Here's what you need to know about ..
AQ
09/10Communications Services Flat on Rotation Into Value Stocks -- Communications ..
DJ
09/06TELEFONAKTIEBOLAGET LM ERICSSON : Ericsson-MegaFon gets ready for 5G with new mi..
AQ
09/05Ericsson's CEO tells staff report of his imminent exit is incorrect
RE
More news
Financials (SEK)
Sales 2019 224 B
EBIT 2019 20 926 M
Net income 2019 9 792 M
Finance 2019 21 948 M
Yield 2019 1,52%
P/E ratio 2019 27,4x
P/E ratio 2020 17,7x
EV / Sales2019 1,10x
EV / Sales2020 1,02x
Capitalization 269 B
Chart ERICSSON AB
Duration : Period :
Ericsson AB Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ERICSSON AB
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 94,90  SEK
Last Close Price 81,28  SEK
Spread / Highest target 47,6%
Spread / Average Target 16,8%
Spread / Lowest Target -13,9%
EPS Revisions
Managers
NameTitle
Erik Börje Ekholm President, Chief Executive Officer & Director
Ronnie Leten Chairman
Carl Mellander CFO, Senior VP & Head-Group Function Finance
Erik Ekudden Senior Vice President & Chief Technology Officer
Torbjörn Nyman Director
Sector and Competitors
1st jan.Capitalization (M$)
ERICSSON AB4.31%27 643
CISCO SYSTEMS14.47%210 566
FOXCONN INDUSTRIAL INTERNET CO LTD25.02%40 548
NOKIA OYJ-4.75%29 597
MOTOROLA SOLUTIONS44.48%27 683
ZTE CORPORATION--.--%18 794