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LM Ericsson Telefon AB

LM Ericsson Telefon AB

Sector: Radio And Television Broadcasting And Communications Equipment Region: Sweden


: | OTC Markets: ERIXF | Nasdaq: ERIC | NASDAQ OMX Stockholm: ERIC.A | London Stock Exchange: 0O87 | NASDAQ OMX Stockholm: ERIC.B


Similar to: DORO AB, Blonder Tongue Laboratories, Inc., Funkwerk AG

LM Ericsson Telefon AB provides telecommunications equipment and related services to mobile and fixed network operators globally. The company operates through three segments: Networks, Global Services and Support Solutions. The Networks segment delivers products and solutions for mobile and fixed broadband access, core networks, and transmission. Its offerings include radio access solutions that interconnect with devices, such as mobile phones, notebooks and personal computers, supporting all mobile technologies; fixed access solutions for both fiber and copper, such as GPON and DSL; IP core network solutions, including soft switches for edge- and core routing, IP multimedia subsystem and media gateways; microwave and optical transmission solutions for mobile and fixed networks; and network management tools for supporting operators' management of existing networks, as well as introduction of new network architectures, technologies and services. This includes tools for configuration, performance monitoring, security management, inventory management and software upgrades. The Global Services segment delivers managed services, consulting and systems integration, customer support and network rollout services. Its offerings include managed services comprising solutions for network design and planning, network operations, field operations and site maintenance and shared solutions, such as hosting of platforms and applications; consulting and systems integration, including technology and operational consulting, integration of multi-vendor equipment, design and integration of new solutions and handling of technology change and transformation programs, learning services and optimization services; around-the-clock support and advice to ensure network uptime and performance; and network rollout services, deploying new networks, and modernizing and expanding existing networks. The Software Solutions segment, which is the former name of Multimedia segment provides applications for operators and develops and delivers software-based solutions for real-time and on-demand TV, consumer and business applications and business support systems for telecom operators. Its offerings include IPTV solutions, video compression, on-demand solutions, content management systems, advertising and interactive TV applications for operators, service providers, advertisers and content providers; enterprise market solutions, such as converged business communication solutions, including Ericsson Business Communication Suite and brokering solutions that facilitate payment and distribution of content; and business support systems, including revenue management, customer care, device management and analytics. The company was founded by Lars Magnus Ericsson in 1876 and is headquartered in Stockholm, Sweden.

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Executives

Hans Vestberg, President and Chief Executive Officer
Born in 1965. Bachelor of Business Administration and Economics, University of Uppsala. Board Chairman: ST-Ericsson and Svenska Handbollförbundet. Board member: Telefonaktiebolaget LM Ericsson and Thernlunds AB.
Holdings in Ericsson:* 116,535 Class B shares.
Background: First Executive Vice President until December 31, 2009. Chief Financial Officer and Head of Group Function Finance until October 31, 2009. Previously Executive Vice President and Head of Business Unit Global Services. Various positions in the Group since 1988, including Vice President and Head of Market Unit Mexico and Head of Finance and Control in USA, Brazil and Chile. International advisor to the Governor of Guangdong, China and co-chairman of the Russian-Swedish Business Council. Member of the Broadband Commission för Digital Development, heading the broadband and climate-change workstream, and member of the advisory board of the Digital Health Initiative.
Jan Frykhammar, Executive Vice President and Chief Financial Officer
Born 1965. Bachelor of Business Administration and Economics, University of Uppsala.
Board Member: ST-Ericsson and the Swedish International Chamber of Commerce.
Holdings in Ericsson:* 6,837 Class B shares.
Background: Previously Senior Vice President and Head of Business Unit Global Services. Various positions within Ericsson including Sales and Business Control in Business Unit Global Services, CFO in North America and Vice President, Finance and Commercial within the Global Customer Account Vodafone.
Ulf Ewaldsson, Senior Vice President, Chief Technology Officer
Born in 1965. Master of Science in Engineering and Business Management, Linköping Institute of Technology.
Board member: None.
Holdings in Ericsson:* 10 771 Class B shares
Background: Previously Head of Product Area Radio within Business Unit Networks. Has held various managerial positions within Ericsson since 1990.

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