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4-Traders 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 CET

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.

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Financials ( SEK)
Sales 2017 203 B
EBIT 2017 -743 M
Net income 2017 -11 412 M
Finance 2017 13 359 M
Yield 2017 1,80%
P/E ratio 2017 -
P/E ratio 2018 63,46
EV / Sales 2017 0,84x
EV / Sales 2018 0,86x
Capitalization 183 B
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Ericsson Technical Analysis Chart | ERIC B | SE0000108656 | 4-Traders
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 28
Average target price 52,9  SEK
Spread / Average Target -3,4%
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Managers
NameTitle
Erik Börje Ekholm President, Chief Executive Officer & Director
Leif Valdemar Johansson Chairman
Carl Mellander CFO, Senior VP, Head-Finance & Common Functions
Erik Ekudden Group CTO, Head-Technology & Architecture
Jacob Wallenberg Deputy Chairman
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